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CRGO — Freightos News Story

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Freightos slightly beats Q3 revenue estimates on steady freight bookings

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

MetricBeat/MissActualConsensus Estimate
Q3 RevenueSlight 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 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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