Cheelcare Inc
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Cheelcare Inc (CHER) investor relations material

Cheelcare Inc Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary30 Dec, 2025

Executive summary

  • Completed transition to a new 16,000 sq. ft. manufacturing facility, enabling operational scale-up and pilot production of the Curio robotic wheelchair.

  • Expanded global dealer network to over 500 locations, including more than 20 U.S. Veterans Affairs Medical Centers.

  • Launched an updated Companion product with enhanced features and usability.

Financial highlights

  • Gross revenue was $459,158, down from $510,673 in Q2 2024; net revenue was $391,939, down from $431,277 year-over-year.

  • Gross profit reached $228,141 with a gross margin of approximately 58%.

  • Net loss and comprehensive loss widened to $(547,451), or $(0.03) per share, compared to $(34,060), or $(0.00) per share in Q2 2024.

  • Adjusted EBITDA loss was $(481,857) for the quarter.

  • Cash and cash equivalents stood at $848,605, with working capital of $1,027,139 as of October 31, 2025.

Outlook and guidance

  • Early commercialization of Curio is underway, with expectations to convert regulatory milestones into revenue growth.

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