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MARKETS / NASDAQ / CHR
NASDAQ · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · SMALL CAP

Cheer Holding, Inc. CHR

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$148.8M
▲ 1.1% YoY
$25.6M
▼ 1.3% YoY
In brief

What this company does

Cheer Holding, Inc. provides advertisement and content production services and operates a mobile and online advertising, media and entertainment business in China. As of December 31, 2025, the company had 116 full-time employees. As of December 31, 2025, total downloads of the company's platforms reached 550 million, up from 523.3 million as of December 31, 2024. The company operates the CHEERS Video content platform and the CHEERS e-Mall marketplace platform within its CHEERS ecosystem. Its CHEERS Video app is a media platform that engages users with content and develops lifestyle short videos and interactive live-broadcasting. Its CHEERS e-Mall, launched in April 2019, offers products to users through third-party merchants that the company screens and approves, and it charges those merchants a service fee and a commission on sales. The company was established in 2016. In 2018, the company expanded into e-commerce by introducing its CHEERS App, which integrated e-commerce services with its content offerings.

Written from the business description in Cheer Holding, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 20 March 2026. Every sentence was checked against that document before publication.

Growth
USD 148.8M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 148.8 · Net income 25.6
80M2019202020212022202320242025
Compound annual growth
−1.8%
+3.8%
−1.6%
−12.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
17 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 17.7% · Net 17.2%
20%40%2019202020212022202320242025
ROE
FY2025 · ROE 7.6%
20%40%2019202020212022202320242025

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 22.9
20M40M2019202020212022202320242025

Total assetsUSD 401.7M
EquityUSD 369.7M
CashUSD 242.1M
Gross debtUSD 7.7M
Net debtUSD -234.4M
DepositsUSD 71.5M

The company holds more cash than debt.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.10.10.20.20.20.10.1
Operating income $B0.00.00.00.00.00.00.0
EBITDA $B0.00.00.00.00.00.00.0
Income tax $B0.0−0.00.00.00.00.00.0
Net income $B0.00.00.00.00.00.00.0
Free cash flow $B·0.00.00.00.0··
EPS, diluted $24.07125.72150.313.955.400.830.57
Dividend / sh $·······
Payout %·······
ROE %7.68.913.516.226.859.142.6
Shares out B··0.010.010.010.010.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 28 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2019

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