Freight booking platform Freightos's Q2 revenue beats analyst expectations as demand rises

Freightos

18/08/2025 12:10

Overview

Freightos Q2 revenue up 31% yr/yr, beating analyst expectations

Adjusted EBITDA negative $2.9 mln, slightly smaller than last year

Co updates full-year outlook, increasing transaction forecasts

Outlook

Freightos expects Q3 revenue of $7.6 mln to $7.7 mln

Company forecasts full-year revenue of $29.5 mln to $30.0 mln

Freightos anticipates Q3 transactions between 419k and 425k

Company projects full-year transactions of 1,607k to 1,684k

Result Drivers

TRANSACTION VOLUME - Record 397k transactions in Q2, up 26% yr/yr, driving revenue growth

CARRIER EXPANSION - Addition of China Airlines and Air Europa among new carriers increased platform diversity

SAAS AND CUSTOMS - Strong organic performance from SaaS solutions and customs clearance services contributed to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$7.44 mln
$7.09 mln (3 Analysts)
Q2 EPS
-$0.09
Q2 Pretax Profit
Beat
-$4.24 mln
-$4.34 mln (1 Analyst)
Q2 Gross Profit
$4.99 mln
Q2 Operating Expenses
$9.51 mln
Q2 Operating Income
-$4.51 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"

Wall Street's median 12-month price target for Freightos Ltd is $5.00, about 35% above its August 15 closing price of $3.25

Press Release: ID:nPn5ZVhHBa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)