Cheer Holding, Inc. CHR
provide advertisement and content production services and operate an award winning mobile and online advertising, digital media
and entertainment business in China. After launching our CHEERS App in 2018, we are fast becoming one of the leading e-commerce
platforms in China by allowing our users to access our online store (e-Mall), video content, live streaming, and online games.
By leveraging our rich library of original professionally-produced content to drive user engagement, we have created an ecosystem
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $148.8M | $147.2M | $152.3M | $157.1M | $153.0M | $123.8M | $65.8M | — |
| Cost of revenue | $43.2M | $39.4M | $39.5M | $40.6M | $34.9M | — | — | — |
| Gross profit | $105.6M | $107.8M | $112.8M | $116.5M | $118.1M | — | — | — |
| R&D | $5.2M | $3.4M | $1.6M | $1.3M | $920.0K | $691.0K | $749.0K | — |
| SG&A | $4.7M | $3.5M | $5.7M | $5.9M | $3.3M | $10.1M | $3.1M | — |
| Total operating expenses | $122.5M | $121.6M | $123.0M | $130.4M | $116.7M | $93.1M | $38.9M | — |
| Operating income | $26.3M | $25.6M | $29.3M | $26.7M | $36.3M | $30.7M | $26.8M | — |
| Interest expense | — | — | $3.0K | $93.0K | $513.0K | $282.0K | $295.0K | — |
| Pre-tax income | $25.7M | $25.9M | $30.6M | $26.9M | $36.3M | $50.6M | $26.6M | — |
| Income tax | $73.0K | $34.0K | $61.0K | $413.0K | $976.0K | $1.7M | $191.0K | — |
| Net income | $25.6M | $26.0M | $30.5M | $26.9M | $35.3M | $49.0M | $26.3M | — |
| EPS, basic | 24.07 | 125.72 | 150.31 | 3.95 | 5.40 | 0.91 | 0.64 | — |
| EPS, diluted | 24.07 | 125.72 | 150.31 | 3.95 | 5.40 | 0.83 | 0.57 | — |
| Shares, diluted (wtd. avg.) | $1.1M | $206.5K | $172.8K | $6.8M | $6.5M | $59.1M | $46.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $242.1M | $197.7M | $194.5M | $70.5M | $77.3M | $17.7M | $6.9M | $2.4M |
| Short-term investments | — | — | — | — | — | $1.7M | — | — |
| Receivables | $79.7M | $77.1M | $81.2M | $98.0M | $63.1M | $81.1M | $51.1M | — |
| Total current assets | $366.6M | $305.6M | $306.9M | $183.8M | $153.5M | $103.1M | $60.5M | $526.9K |
| Property, plant and equipment | $17.0K | $33.0K | $85.0K | $160.0K | $242.0K | $251.0K | $331.0K | — |
| Other intangibles | $34.7M | $40.5M | $20.3M | $20.3M | $16.7M | $15.6M | $14.7M | — |
| Total assets | $401.7M | $346.6M | $327.6M | $206.0M | $195.2M | $143.4M | $79.7M | $252.4M |
| Accounts payable | $2.7M | $2.0M | $9.6M | $6.4M | $12.9M | $7.9M | $4.5M | $23.8K |
| Short-term debt | $7.7M | $12.5M | $4.7M | $6.1K | — | — | — | — |
| Total current liabilities | $31.8M | $39.9M | $46.2M | $32.9M | $34.6M | $35.4M | $15.7M | $23.8K |
| Long-term debt | — | — | $1.4M | — | — | — | — | — |
| Total liabilities | $31.9M | $41.5M | $47.6M | $33.5M | $35.7M | $38.9M | $17.5M | $23.8K |
| Retained earnings | $232.7M | $207.1M | $181.2M | $150.7M | $124.0M | $89.3M | $49.5M | $1.6M |
| Total equity | $369.7M | $305.0M | $280.0M | $172.5M | $159.5M | $104.4M | $62.3M | $24.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $17.9M | $22.9M | $42.2M | $7.7M | $46.5M | $8.7M | $26.1M | — |
| Depreciation and amortisation | $6.9M | $3.8M | $3.4M | $2.9M | $2.1M | $2.9M | $739.0K | — |
| Stock-based compensation | — | $231.9M | — | $391.0K | $181.0K | $1.8M | — | — |
| Capital expenditure | — | $1.0K | $3.0K | $25.0K | $72.0K | — | — | — |
| Investing cash flow | -$709.0K | -$24.9M | -$3.0K | -$8.0M | -$1.1M | -$4.4M | -$15.3M | — |
| Financing cash flow | $17.8M | $10.6M | $82.0M | $508.0K | $13.3M | $5.4M | -$6.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-032337.
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