Cheer Holding, Inc. announced its corrected financial results for the six months ended June 30, 2025, on August 6, 2025. The company reported revenues of approximately $71.0 million, which remained stable compared to $71.1 million in the same period of 2024. Advertising services continued to be the primary revenue driver, accounting for 99.9% of total revenue.
The marginal change in revenue was attributed to a $0.1 million decrease in CHEERS e-Mall market service revenue and a $0.1 million decrease in other revenues from customized content production, largely offset by a $0.1 million increase in advertising revenues due to a higher volume of orders.
Net income for the first half of 2025 was $7.8 million, a decrease from $12.4 million reported for the six months ended June 30, 2024. Despite the reduction in net income, the company maintained a strong liquidity position with cash and cash equivalents of approximately $203.2 million and working capital of $284.5 million as of June 30, 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.