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FRGT

Freight Technologies, Inc.

FRGT

Freight Technologies, Inc. • NASDAQ
$0.77 ▲ 0.34% (+0.00)
Market Cap $1.75 M
52w High $13.96
52w Low $0.62
Dividend Yield 0%
P/E 0.02
Volume 494.95K
Outstanding Shares 2.29M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $2.99M ▼ $1.926M ▼ $649.238K ▲ 21.714% ▲ $0.38 ▲ $983.658K ▲
Q1-2025 $4.101M ▲ $1.971M ▼ $-1.602M ▼ -39.068% ▼ $-0.73 ▼ $-1.36M ▼
Q4-2024 $2.802M $2.999M ▲ $-695.11K ▲ -24.811% ▲ $-0.2 ▲ $-1.347M ▼
Q3-2024 $2.802M ▼ $276.699K ▼ $-695.111K ▲ -24.811% ▲ $-1.78 ▲ $-1.312M ▲
Q2-2024 $4.063M $963.246K $-2.106M -51.824% $-7.97 $-1.784M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $586.658K ▲ $17.06M ▲ $8.277M ▲ $8.783M ▲
Q1-2025 $416.476K ▲ $13.42M ▲ $7.261M ▲ $6.159M ▲
Q4-2024 $204.032K $5.69M $6.345M $-654.76K
Q3-2024 $204.032K ▼ $5.69M ▼ $6.345M ▼ $-654.76K ▼
Q2-2024 $460.576K $9.032M $9.065M $-32.356K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-632.686K ▲ $-1.958M ▲ $-914.281K ▼ $3.005M ▼ $170.182K ▼ $-5.039M ▼
Q1-2025 $-1.602M ▼ $-3.096M ▼ $-73.499K ▲ $3.422M ▲ $212.444K ▲ $-3.096M ▼
Q4-2024 $1.157M ▲ $2.741M ▲ $-80.658K ▲ $-1.642M ▼ $0 ▲ $2.66M ▲
Q3-2024 $-695.111K ▲ $325.479K ▲ $-85.922K ▼ $159.215K ▼ $-460.576K ▼ $321.635K ▲
Q2-2024 $-2.106M $-1.595M $-85.599K $1.774M $77.594K $-2.43M

Five-Year Company Overview

Income Statement

Income Statement Revenue remains very small and has not grown in a meaningful way over the past few years. Gross profit has hovered around break-even or slightly negative, and operating results have been consistently in the red. The company is clearly still in a build-out stage, where expenses to develop and sell its platform outweigh the modest revenue base. Losses per share look extreme (largely due to share structure changes), underlining that profitability is still far away and depends on scaling the business significantly from here.

Balance Sheet

Balance Sheet The balance sheet is very thin, with a small asset base and almost no cash reported in recent years. Debt appears limited, which is positive, but shareholders’ equity has been close to zero and even dipped negative at one point, suggesting a very tight financial cushion. Overall, the company has little balance sheet strength to absorb setbacks and may rely on external funding to support operations and growth.

Cash Flow

Cash Flow Cash flow from operations has been modestly negative most years, reflecting a business that is not yet funding itself from its own activities. Because capital spending is minimal, free cash flow largely tracks operating cash flow and has also been negative. This pattern signals ongoing dependence on outside capital—through equity, debt, or other financing—to keep investing in technology and cover day-to-day costs until the business can scale.

Competitive Edge

Competitive Edge Freight Technologies is trying to differentiate itself by focusing on the complex U.S.–Mexico–Canada cross-border freight corridor, a niche with real regulatory and operational hurdles. Its pitch is an integrated, AI-driven platform that handles matching, tracking, and managing shipments across modes, which can be attractive to shippers wanting a single solution. The company claims advantages from specialized cross-border know-how and proprietary data. However, it operates in a very competitive logistics-tech space with well-funded global and regional players, so capturing and keeping customers at scale remains a key uncertainty.

Innovation and R&D

Innovation and R&D Innovation is the clear strength of the story. The firm has developed a family of products—such as its freight-matching app, an AI rate prediction engine, and a cross-border-focused transportation management system—aimed at automating freight decisions. It has also invested in an AI Lab with a university partner and signed a technology agreement to build “agentic” AI tools, including voice-enabled agents for logistics workflows. This shows a strong R&D mindset and willingness to experiment at the cutting edge. The main open question is how quickly these innovations convert into stable, repeatable revenue, given the company’s limited financial resources.

Summary

Freight Technologies combines a very early-stage financial profile with an ambitious technology vision. On one hand, revenues are tiny, losses are ongoing, and the balance sheet offers little margin for error, pointing to high execution and financing risk. On the other hand, the company is targeting a specific, complex cross-border logistics niche with a suite of AI-driven tools and partnerships that could be strategically meaningful if adoption grows. Future outcomes will largely depend on its ability to scale customer usage, improve unit economics, and manage cash carefully while continuing to innovate in a crowded logistics technology landscape.

NEWS

November 20, 2025 · 9:46 AM UTC

Freight Technologies Announces Strategic Agreement to Advance Agentic AI Initiative

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November 19, 2025 · 9:00 AM UTC

Freight Technologies Announces the Commercial Launch of Zayren - AI-Powered Freight Rate Prediction & Carrier Matching Platform

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November 11, 2025 · 10:00 AM UTC

Trackonomy and Delta Cargo Launch Pulse: A New Era of Air Freight Transparency and Efficiency

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November 5, 2025 · 7:00 AM UTC

Freightos Eliminates Modal Divide By Expanding From Air to Ocean Freight Pricing, Rate Management and Quoting

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November 4, 2025 · 6:45 AM UTC

Descartes' Study Finds 67% of Freight Forwarders and Customs Brokers View Technology as Fundamental to Growth

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