Cheetah Net shares surge 13.87% after-hours as Q3 logistics revenue jumps 491.3% despite $731k goodwill impairment.

Cheetah Net Supply Chain Service Inc. (CTNT) surged 13.87% in after-hours trading following the release of its third-quarter 2025 results, which highlighted a 491.3% year-over-year revenue increase to $361,935 in its logistics and warehousing segment. Despite a $731,307 goodwill impairment and a net loss of $1.31 million, the report emphasized a 176.7% rise in interest income ($244,776) from proceeds of prior public offerings and improved cost controls (27.3% drop in G&A expenses). Management also reiterated confidence in liquidity, citing $9.7 million in current assets and a 12-month operating plan to sustain cash flow. The market appeared to focus on the revenue growth and liquidity assurances, outweighing concerns over the impairment and operating losses.