Financial Performance - Marvion Inc. reported a 138% increase in revenue and a 158% increase in gross profit for Q1 2025 compared to Q1 2024 [2] - In Q2 2025, revenue rose by 147% while gross profit grew by 68% year-over-year [2] Expansion Plans - The company has commenced construction of two new warehouses totaling approximately 4,000 square feet under a 12-year lease, with a total investment of approximately HKD 1.5 million [3] - The new warehouses will be managed by Propose Enterprise Limited, a wholly owned subsidiary of Marvion, which has secured a three-year + three-year renewable lease agreement with a new tenant, expected to generate annual rental income of HKD 720,000 [4] Strategic Outlook - The CEO of Marvion Inc. emphasized that the strong performance in the first half of 2025 reflects the effectiveness of the company's growth strategy and the new warehouse project is a significant milestone for enhancing logistics and warehousing operations in Hong Kong [5]

Core Insights - Cheetah Net Supply Chain Service Inc. reported a significant revenue increase of 278.9% year-over-year for Q2 2025, totaling $354,126, despite an operating loss of $780,849 [2][4] - The company experienced a net loss of $512,528 for Q2 2025, which is a 6.8% improvement compared to the same period in 2024 [2][9] - Management is focusing on integrating recently acquired companies to build a more resilient growth foundation amid trade policy pressures [3] Financial Performance - Revenue from logistics and warehousing services for Q2 2025 was $354,126, with $52,684 (14.9%) from Edward Transit Express Group and $301,442 (85.1%) from TW & EW Services [4] - The cost of revenue for Q2 2025 was $319,226, leading to a gross profit of $34,900 [6][28] - General and administrative expenses decreased by 6.9% to $805,305 in Q2 2025, primarily due to reduced legal and accounting fees [7] Interest Income and Losses - Interest income for Q2 2025 was $272,228, a substantial increase of 863.9% compared to $28,241 in Q2 2024 [8][9] - The net loss from continuing operations for the six months ended June 30, 2025, was $1,266,437, compared to a net loss of $1,016,370 for the same period in 2024 [18][29] Discontinued Operations - The parallel-import vehicle business generated revenue of $200,297 in Q2 2024, with only one vehicle sold during that quarter [10] - The net loss for discontinued operations was approximately $62,858 for Q2 2024 [11] Liquidity and Cash Flow - As of June 30, 2025, the company had current assets of $9.9 million and current liabilities of approximately $0.9 million [21] - The company reported a net cash flow of $1.3 million from operating activities during the six months ended June 30, 2025 [22][30]