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Freightos Limited Ordinary shares

CRGO

Freightos Limited Ordinary shares • NASDAQ
$3.06 ▼ -6.71% (-0.22)
Market Cap $153.13 M
52w High $4.42
52w Low $1.72
Dividend Yield 0%
P/E -6.51
Volume 66.75K
Outstanding Shares 50.04M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $7.672M ▲ $9.642M ▲ $-4.962M ▼ -64.677% ▼ $-0.098 ▼ $-3.997M ▼
Q2-2025 $7.438M ▲ $9.507M ▲ $-4.278M ▲ -57.515% ▲ $-0.085 ▲ $-3.415M ▼
Q1-2025 $6.945M ▲ $9.32M ▼ $-4.499M ▲ -64.78% ▲ $-0.09 ▲ $-3.391M ▲
Q4-2024 $6.587M ▲ $84.825M ▲ $-9.837M ▼ -149.34% ▼ $-0.2 ▼ $-8.295M ▼
Q3-2024 $6.185M $8.885M $-2.724M -44.042% $-0.056 $-1.92M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $33.719M ▼ $67.118M ▼ $22.403M ▼ $44.715M ▼
Q2-2025 $34.149M ▼ $71.635M ▼ $22.87M ▲ $48.765M ▼
Q1-2025 $36.437M ▼ $73.292M ▼ $21.752M ▲ $51.54M ▼
Q4-2024 $37.271M ▼ $73.779M ▼ $18.891M ▼ $54.888M ▼
Q3-2024 $41.324M $82.731M $19.139M $63.592M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-4.962M ▼ $-3.93M ▼ $255.419K ▲ $-131.355K ▼ $-3.917M ▲ $-3.978M ▼
Q2-2025 $-4.278M ▲ $-2.822M ▼ $-13.947M ▼ $76K ▼ $-16.456M ▼ $-2.88M ▼
Q1-2025 $-4.499M ▲ $290K ▲ $25.891M ▲ $113K ▼ $26.319M ▲ $274K ▲
Q4-2024 $-9.837M ▼ $-4.529M ▼ $-68K ▲ $203K ▲ $-4.432M ▲ $-4.545M ▼
Q3-2024 $-2.724M $-3.066M $-3.362M $-10K $-6.451M $-3.081M

Five-Year Company Overview

Income Statement

Income Statement Freightos is still very much in “build-out” mode. Revenue has been growing gradually from a small base, and gross profit has improved, showing that the core platform can generate economic value once it scales. However, operating expenses remain well above gross profit, so the company continues to post meaningful operating and net losses each year. Losses widened in the past but show signs of easing more recently, suggesting cost discipline and better unit economics, though the path to true profitability is still ahead. Overall, the income statement reflects a young, high-investment platform business that is prioritizing growth and product development over short-term earnings.

Balance Sheet

Balance Sheet The balance sheet is relatively light, with a modest asset base and no financial debt, which reduces balance sheet risk. The company maintains a cash cushion, but this has trended down from earlier levels, reflecting ongoing cash burn. Equity has generally increased over time, likely helped by capital raising, and remains positive, which supports solvency for now. The structure is typical for a tech-enabled platform that relies more on software and data than on heavy physical assets, but it also means future growth and losses must be funded mostly through equity and internally generated cash.

Cash Flow

Cash Flow The business is still consuming cash rather than generating it. Operating cash flow has been consistently negative, although there are signs of gradual improvement more recently. Free cash flow follows the same pattern, as capital spending is low and most cash outflow relates to operating costs such as people, technology, and platform development. This low capital intensity is a plus, but it also highlights that the main challenge is reaching sufficient scale for the platform to cover fixed costs. Until then, the company’s ability to sustain operations will depend on its remaining cash and potential access to additional funding.

Competitive Edge

Competitive Edge Freightos is trying to digitize a very large but traditionally manual and opaque freight market. Its main strengths are its early-mover position, a neutral marketplace model that connects many sides of the industry, and a growing network of carriers, forwarders, and shippers. The company’s proprietary freight indices and data services deepen its role as an information hub, which can be hard for newcomers to replicate. That said, digital freight is becoming more crowded, large logistics players are also investing in technology, and freight markets are cyclical. Freightos’s competitive position depends on continuing to grow its network, deepen integration with industry players, and turn its data advantage and benchmarks into durable habits and switching costs for users.

Innovation and R&D

Innovation and R&D Innovation is at the center of the Freightos story. The company is using software and AI to bring real-time pricing, instant booking, and analytics to a sector that has long relied on email and spreadsheets. Its Freightos Marketplace, WebCargo platform, and real-time indices (for both air and ocean freight) present a broad, integrated toolkit for shippers and forwarders. Recent moves like adding multimodal quoting and acquiring Shipsta show a push to offer a more complete, end-to-end digital procurement and booking experience. The flip side is that this strategy requires ongoing investment in engineering, data, and product integration, and the company must balance that spend with the need to move toward profitability.

Summary

Freightos is a young, asset-light logistics technology company trying to modernize global freight booking and pricing. Financially, it is still loss-making with negative cash flow, but revenue and gross profit are trending in the right direction and costs appear to be getting more controlled over time. The balance sheet carries no debt but only a finite cash buffer, making the path to self-funding operations and profitability an important focus. Strategically, the company benefits from early-mover status, network effects, and valuable proprietary data, but operates in a competitive, cyclical industry where scale and execution are critical. Overall, Freightos looks like a high-innovation, still-early-stage platform that is trading near-term financial comfort for the chance to build a durable digital infrastructure for global freight.

NEWS

November 24, 2025 · 7:00 AM UTC

Click-to-Ship: Jambojet Joins Freightos by WebCargo, Expanding Digital Cargo Connectivity Across East Africa

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November 19, 2025 · 7:00 AM UTC

Thailand Freighter Pattaya Airways Joins WebCargo by Freightos Platform, Expanding Digital Air Cargo Access in Southeast Asia

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November 17, 2025 · 7:00 AM UTC

Freightos Reports Third Quarter 2025 Results

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November 11, 2025 · 7:00 AM UTC

China's Megacap Aviation Brings 13 Carriers to Freightos' Digital Booking Platform

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November 10, 2025 · 7:00 AM UTC

Freightos appoints Michael Netter as CRO to Drive Global Go-to-Market Strategy

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