CHR - Cheer Holding, Inc. Stock Analysis | Stock Taper
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Cheer Holding, Inc.

CHR

Cheer Holding, Inc. NASDAQ
$1.27 -5.93% (-0.08)

Market Cap $113.42 M
52w High $104.50
52w Low $1.15
P/E 0.01
Volume 44.87K
Outstanding Shares 89.30M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2024 $71.06M $40.53M $12.42M 17.47% $61.5 $13.33M
Q4-2023 $84.89M $41.72M $21.73M 25.6% $108 $23.98M
Q2-2023 $67.44M $41.78M $8.75M 12.97% $58.5 $10.29M
Q4-2022 $87.15M $44.92M $16.08M 18.46% $118 $16.22M
Q2-2022 $69.93M $44.85M $10.81M 15.45% $79.5 $10.51M

What's going well?

The company still makes healthy profits and keeps a high gross margin of 73%. There are no unusual charges or debt issues, and the share count is stable.

What's concerning?

Sales and profits both fell by over 40%, and costs are not dropping as fast as revenue. Efficiency is slipping, and the negative tax rate is unusual and may not last.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $203.23M $362.75M $40.56M $322.11M
Q4-2024 $197.66M $346.59M $41.52M $304.99M
Q2-2024 $186.38M $333.24M $47.09M $286.07M
Q4-2023 $194.23M $327.63M $47.63M $279.93M
Q2-2023 $152.44M $266.3M $33.45M $232.78M

What's financially strong about this company?

The company has over $203 million in cash, very little debt, and most assets are high quality and liquid. Shareholder equity is rising, and there are no hidden risks or goodwill issues.

What are the financial risks or weaknesses?

Receivables are growing faster than other assets, which could mean customers are paying slower. The company has very little invested in physical assets, so growth may depend on intangible value.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2024 $12.42M $-6.74M $0 $2.97M $-8.14M $-6.74M
Q4-2023 $21.73M $14.99M $59K $22.01M $42.08M $15M
Q2-2023 $8.75M $27.18M $-62K $60.01M $81.96M $27.18M
Q4-2022 $16.08M $38.37M $-7.61M $-334K $25.7M $30.4M

What's strong about this company's cash flow?

The company still has a sizable cash cushion of $186 million. No new debt or dilution this quarter, so balance sheet is clean for now.

What are the cash flow concerns?

Operations are now burning cash, and reported profits aren't turning into real money. If this trend continues, the company will need to raise more money or cut spending.

5-Year Trend Analysis

A comprehensive look at Cheer Holding, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include a significantly fortified balance sheet with large net cash and rising equity, consistently high gross profitability despite recent pressure, and a deep commitment to innovation in AI‑driven content and digital ecosystems. CHR has built a sizable and engaged user base across multiple apps, providing a broad platform for cross‑selling and experimentation. The company’s financial flexibility gives it room to absorb the costs of strategic investment and navigate periods of revenue softness.

! Risks

Major risks center on declining earnings and shrinking margins, which reflect rising operating costs and a tougher revenue environment. Cash generation is volatile, particularly when large investment projects or working‑capital swings occur, making the timing and sustainability of free cash flow uncertain. Strategically, CHR must compete with much larger tech and advertising players while also managing regulatory and listing‑related challenges. The ambitious roadmap in AI, metaverse, and social platforms carries meaningful execution and adoption risk.

Outlook

The outlook for CHR is balanced between promise and pressure. On one hand, the company has the cash, technology, and user base to pursue an innovative, AI‑centric growth strategy and potentially re‑accelerate revenue over time. On the other hand, recent trends in profitability and cash flow highlight that the current model has not yet fully converted these investments into steady financial gains. Future performance will likely hinge on CHR’s ability to turn its AI platforms and ecosystem into stronger, more predictable monetization while maintaining cost discipline and navigating a challenging competitive and regulatory landscape.