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Freightos Limited Ordinary shares

Freightos Limited operates a vendor-neutral booking and payment platform for international freight, serving Spain, Europe, Hong Kong, the United States, and other markets. Its offerings include WebCargo, which connects carriers and forwarders, and Freightos.com, which links service providers with importers and exporters. The company also provides Software-as-a-Service solutions such as WebCargo Rate & Quote Air and Multimodal for price management, negotiation, and sales and margin management, along with data services for digitalizing static carrier rates and WebCargo Airline for rate distribution, bookings, and pricing analytics. Additional products include Freightos Procure, Freightos Terminal, Clearit, and 7LFreight. Founded in 2011, the company is based in Barcelona, Spain.

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Freightos Posts 1H Non-GAAP EPS of $0.16 on $14.85M Revenue

Freightos reported first-half non-GAAP earnings per share of $0.16, with revenue of $14.85 million, up 3.3% year over year. The company posted a net loss of $8.09 million for the six-month period. Total assets stood at $55.77 million against total liabilities of $19.17 million.
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Freightos founder calls for board reset amid share slump

Freightos Limited founder Zvi Schreiber has publicly called on shareholders to overhaul the board, citing the company's failure to meet its growth model. Schreiber, who left the board in February after stepping down as CEO in January, said revenue grew only 3% year-over-year last quarter, against a target of 25–30%, with Q3 guided to 1–2% growth. He noted that the Solutions segment, which the board prioritized, shrank 4%. Schreiber aims to return the company to platform-first, AI-native growth, starting with relaunching the Marketplace. Shares of Freightos have fallen more than 40% since his departure as CEO.
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Freightos reports record Q2 revenue and appoints new CFO

Freightos reported record second-quarter revenue of $7.7 million, up 3% year over year, and announced the appointment of Yaron Eldad as its new Chief Financial Officer effective September 1. Platform revenue grew 19% to $2.9 million, while Solutions revenue declined 4% to $4.8 million, reflecting execution gaps the company says it is addressing. Adjusted EBITDA loss improved to a record low negative $2 million, and the company ended the quarter with $21.4 million in cash and short-term deposits. Freightos expects to cross adjusted EBITDA breakeven during the fourth quarter and become cash generative by mid-2027. The company also raised its full-year transaction growth guidance to 12% to 14% and gross booking value growth to 19% to 21%.
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Asia-US ocean container rates surge past $7,900 as peak season demand spikes

Asia-U.S. ocean container rates have soared past $7,900 per forty-foot equivalent unit, driven by surging peak season demand rather than Middle East disruptions. Asia-U.S. West Coast prices increased 8% to $6,175 per FEU, while Asia-U.S. East Coast rates also rose 8% to $7,998 per FEU, according to Freightos. Since mid-May, trans-Pacific prices to the West Coast have climbed 120% and 85% to East Coast gateways, with East Coast rates now $1,000 per FEU higher than last year's summer peak. Carriers are shifting capacity from secondary lanes to service this demand, contributing to rate increases on secondary trades, and are set to introduce more rate hikes in July. The early peak season rush is likely driven by frontloading ahead of fuel surcharges, manufacturer price increases, and approaching U.S. tariff deadlines, and could lead to an early unwind possibly in July.
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