CHEETAH NET SUPPLY CHAIN SERVICE INC. (CTNT) Form 10-Q — Aug 13, 2026
Cheetah Net Supply Chain Service (CTNT) reported Q2 2026 revenue from continuing operations of $868,909, up 145.4% year over year, and swung to quarterly net income of $71,045 ($0.037 per share) from a $512,528 loss a year earlier. All Q2 revenue came from the newly formed international trading segment, driven by the May 27, 2026 acquisition of Hong Kong-based Super International for $4.98 million in cash.
Key figures
- Eps
- 0.037 (Q2 2026 basic and diluted); -0.53 (6M 2026)
- Revenue
- 868909 (Q2 2026); 961609 (6M 2026)
- Net Income
- 71045 (Q2 2026); -545220 (6M 2026)
- Revenue Yoy
- +145.4% (Q2 2026); +15.3% (6M 2026)
- Total Assets
- 82516592
- Cash Position
- 2143604
- Shares Outstanding
- 3,159,391 total (2,955,935 Class A; 203,456 Class B) as of August 10, 2026
- Working capital
- 74100000
- Atm net proceeds
- 30900000
- Edward sale price
- 20000
- Pipe proceeds ceo
- 400000
- Q2 other income net
- 993766
- Reverse split ratio
- 1-for-200 (effective April 20, 2026; second split after 1-for-16 in October 2024)
- Gross margin q2 2026
- 2.2%
- Gross profit q2 2026
- 19500
- Loss on disposal edward
- 297610
- Loan receivable third parties
- 29951513
- Contingent consideration asset
- 2783884
- Customer concentration q2 2026
- ~100% of consolidated revenue from certain international trading customers
- Private placement gross proceeds
- 40140000
- Six month net cash used in operations
- 900000
- Super international acquisition price
- 4980000
- Receivable from withdrawal of investment deposit
- 41110573
Price after filing
1 day: -1.8%7 days: -4.9%30 days: -29.3%
Close on the filing date to close N calendar days later (from $1.64). Historical, not a forecast.
AI analysis
Red flags8 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.