Spain's Freightos Q1 revenue rises, adjusted EBITDA loss narrows

Freightos

26/05/2026 12:10

Overview

Spain-based freight booking platform's Q1 revenue rose 3% yr/yr but missed analyst expectations

Adjusted EBITDA loss for Q1 narrowed to $2.8 mln from $3.0 mln a year ago

Company cited challenging freight environment and reorganization expenses as impacting results

Outlook

Freightos sees Q2 2026 revenue between $7.2 mln and $7.4 mln

Company expects FY 2026 revenue between $30.2 mln and $31.4 mln

Freightos expects FY 2026 adj EBITDA guidance at negative $6.9 mln to negative $6.2 mln

Result Drivers

CHALLENGING FREIGHT ENVIRONMENT - Co said ongoing disruption across key trade corridors weighed on results

REORGANIZATION EXPENSES - Co said higher loss was primarily due to reorganization expenses in 2026

MIXED SEGMENT PERFORMANCE - Revenue growth from WebCargo and data solutions was offset by lower-than-planned performance in SaaS, freightos.com marketplace and customs transactions

Company press release: ID:nPn25ctVra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$7.16 mln
$7.44 mln (2 Analysts)
Q1 EPS
-$0.13
Q1 Pretax Profit
Miss
-$6.37 mln
-$3.96 mln (1 Analyst)
Q1 Gross Profit
$4.77 mln
Q1 Operating Expenses
$11 mln
Q1 Operating Income
-$6.23 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $2.90, about 42.5% above its May 22 closing price of $2.04

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)