Cheer Holding, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues $65.8m $123.8m $153.0m $157.1m $152.3m $147.2m $148.8m
Cost of revenues ($31.9m) ($38.5m) ($34.9m) ($40.6m) ($39.5m) ($39.4m) ($43.2m)
Research and development ($749k) ($691k) ($920k) ($1.3m) ($1.6m) ($3.4m) ($5.2m)
Total operating expenses ($38.9m) ($93.1m) ($116.7m) ($130.4m) ($123.0m) ($121.6m) ($122.5m)
Income from operations $26.8m $30.7m $36.3m $26.7m $29.3m $25.6m $26.3m
Selling and marketing ($3.2m) ($43.8m) ($77.5m) ($82.5m) ($76.2m) ($75.3m) ($69.4m)
General and administrative ($3.1m) ($10.1m) ($3.3m) ($5.9m) ($5.7m) ($3.5m) ($4.7m)
Interest income, net ($93k) $3k $262k $69k
Change in fair value of warrant liability $19.7m $809k ($62k) $86k
Less: net gain attributable to non-controlling interest $80k ($31k) $65k ($450k) $51k $2k $4k
Unrealized foreign currency translation gain (loss) ($974k) $6.5m $2.9m ($13.4m) ($2.2m) ($8.2m) $14.6m
Comprehensive income $25.4m $35.7m $38.3m $13.1m $28.3m $17.8m $40.2m
Less: comprehensive gain (loss) attributable to non-controlling interests $74k ($4k) $119k ($478k) $3k ($1k) $8k
Comprehensive income attributable to Cheer Holding, Inc.’s shareholders $25.4m $35.7m $38.2m $13.6m $28.3m $17.8m $40.2m
Income before income tax $26.6m $30.9m $36.3m $26.9m $30.6m $25.9m $25.7m
Net income $26.4m $29.2m $35.4m $26.4m $30.5m $26.0m $25.6m
Net income attributable to Cheer Holding, Inc.’s shareholders $26.3m $29.3m $35.3m $26.9m $30.5m $26.0m $25.6m
Basic (in Dollars per share) $0.64 $0.54 $0.54 $0.39 $3.53 $2.51 $24.07
Dilutive (in Dollars per share) $0.57 $0.49 $0.54 $0.39 $3.53 $2.51 $24.07
Other (expenses) income, net $50k $531k ($255k) $282k $1.2m $80k ($663k)
Income tax (expense) benefit ($191k) ($1.7m) ($976k) ($413k) ($61k) $34k ($73k)
Total other (expenses) income ($245k) $249k $41k $127k $1.3m $342k ($594k)