Overview
Freightos Q3 revenue grows 24% yr/yr, slightly beating analyst expectations
Company reports pretax profit of -$4.93 mln
Freightos achieves record transactions growth, highlighting platform resilience
Outlook
Freightos expects Q4 2025 revenue between $7.4 mln and $7.5 mln
Company anticipates FY 2025 revenue of $29.5 mln to $29.6 mln
Freightos projects Q4 2025 transactions between 438k and 444k
Result Drivers
DIGITAL PLATFORM ADOPTION - Co attributes revenue growth to increased adoption of its digital freight booking platform amid freight rate volatility
MULTIMODAL STRATEGY - Co's multimodal strategy, including ocean and air solutions, is gaining traction, expanding market opportunities
WEB CARGO AND PORTAL GROWTH - WebCargo and carrier portal components drive significant growth in transactions and gross booking value
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$7.67 mln
$7.64 mln (3 Analysts)
Q3 EPS
-$0.10
Q3 Pretax Profit
-$4.93 mln
-$4.13 mln (1 Analyst)
Q3 Gross Profit
$5.30 mln
Q3 Operating Expenses
$9.64 mln
Q3 Operating Income
-$4.34 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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 23.8% above its November 14 closing price of $3.81
Press Release: ID:nPn2c4b1pa
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(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.)