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Cheetah Net reports 80% revenue drop in Q1 2026, narrows net loss amid global trade challenges.

Company Fundamentals
14 May 2026
GlobeNewsWire
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Bearish
pluang ai news

Cheetah Net Supply Chain Services Inc. reported a significant 80.7% revenue decline to $92,700 in Q1 2026 compared to the previous year, driven by reduced demand and tariff changes affecting its logistics and warehousing business. Despite the revenue drop, the company reduced its operating loss by 20.4% to $764,319 through cost-cutting measures and operational efficiencies. Cheetah is focusing on restructuring, including a recent private placement financing and an acquisition in Hong Kong, aiming to reposition for long-term growth amid ongoing global trade uncertainties. The company faces liquidity challenges but maintains a working capital of $7.1 million and loan receivables to support operations.

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