*Numbers are preliminary and subject to change with the full earnings release Platform Expansion and Network Growth Accessibility StatementSkip Navigation The Company Plans To Report Earnings on November 17, 2025 BARCELONA, Spain, Oct. 20, 2025 /PRNewswire/ - Freightos Limited (NASDAQ: CRGO), the leading digital freight booking and payment platform for the international freight industry, today reported preliminary key performance indicators for the third quarter of 2025, highlighting the continued industry ...

Freightos Limited (CRGO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earning ...

Group 1 - Freightos will present at the 19th annual LD Micro Main Event on October 20th at 01:30 PM PT [1] - The event will take place from October 19th to 21st at the Hotel del Coronado in San Diego, California [4] - Approximately 120 companies will participate in the event, presenting in half-hour increments and attending private meetings with investors [5] Group 2 - Freightos is a leading vendor-neutral global freight booking platform, connecting airlines, ocean carriers, freight forwarders, and importers/exporters [6] - The Freightos platform digitizes the international freight industry, offering software solutions for pricing, quoting, booking, shipment management, and payments [6] - Freightos provides real-time industry data through Freightos Terminal, including leading spot pricing indexes like Freightos Air Index (FAX) and Freightos Baltic Index (FBX) [6]

Accessibility StatementSkip Navigation BARCELONA, Spain, Oct. 1, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight booking and payment platform, today announced that top-five global freight forwarder Nippon Express (NX Group) has selected Freightos' multimodal freight pricing and booking Software-as-a-Service (SaaS) solution to power its operations across most of its global network, spanning hundreds of offices in 57 countries." Nippon Express has deployed Frei ...

Group 1 - Freightos Limited (CRGO) is part of the Business Services group, which consists of 253 companies and currently ranks 3 within the Zacks Sector Rank [2] - The Zacks Rank system focuses on earnings estimates and revisions, with CRGO holding a Zacks Rank of 2 (Buy) and a 2.9% increase in the full-year earnings estimate over the past three months [3] - Year-to-date, CRGO has achieved an 8.2% return, significantly outperforming the Business Services sector's average return of 0.6% [4] Group 2 - CRGO belongs to the Financial Transaction Services industry, which includes 34 stocks and is currently ranked 53 in the Zacks Industry Rank, with the industry gaining 2.1% year-to-date [6] - Another notable stock in the Business Services sector is Futu Holdings Limited Sponsored ADR (FUTU), which has a year-to-date return of 117.4% and a Zacks Rank of 2 (Buy) [4][5] - The Technology Services industry, to which FUTU belongs, has 118 stocks and is ranked 87, with a year-to-date increase of 37.4% [7]

Group 1 - Freightos, a leading vendor-neutral global freight booking and payment platform, has announced a partnership with YTO Cargo Airlines, one of China's five largest cargo carriers [1] - The partnership will bring YTO's full capacity exclusively to the WebCargo by Freightos platform [1]

Group 1 - Positive developments in trade negotiations between China and the U.S. are reported, particularly regarding a potential deal for TikTok, which may benefit trans-Pacific shipping [1] - Container rates from China to the U.S. West Coast increased by 7% to $2,309 per forty-foot equivalent unit (FEU) as of September 16, and are 34% higher than at the end of August [2] - Rates for China-East Coast shipments rose by 4% to $3,368 per FEU, with a 24% increase observed in September [2] Group 2 - Ocean lines' general rate increases, along with blanked sailings and higher demand ahead of China's Golden Week holiday, contributed to the rate improvements [3] - The National Retail Federation predicts a 10% decrease in second-half shipments compared to the same period in 2024, with October imports expected to be 13% lower and November and December down by 20% [4] - September imports are 16% higher than earlier projections, indicating some positive effects from the ongoing 30% U.S. tariffs on China [5] Group 3 - Ocean Network Express (ONE) is redeploying 10 Chinese-built ships for U.S. service as part of a restructuring of its trans-Atlantic service [6]

Freightos FY Conference Summary Company Overview - **Company**: Freightos (NasdaqCM: CRGO) - **Industry**: Global logistics and freight management - **Market Size**: The global freight market is valued at approximately $600 billion, with $150 billion in air freight and $350 billion in ocean freight [8][9] Core Insights - **Digital Transformation**: Freightos aims to digitize the largely offline global freight industry, where 90% of transactions are still conducted offline [9][28] - **Market Opportunity**: Only 10% of the $600 billion market is transacted digitally, and only 2% of that is platformized, indicating significant growth potential for digital platforms like Freightos [9][28] - **Focus on Spot Market**: Freightos primarily targets the spot market, which is approximately $3.3 trillion annually, providing ample room for growth [10][11] Business Model - **Triple-Sided Network**: Freightos operates as a triple-sided network, connecting carriers, freight forwarders, and shippers, enhancing liquidity and efficiency in the logistics process [6][29] - **SaaS Solutions**: The company offers mission-critical SaaS solutions for rate management, procurement, and market intelligence, which represent two-thirds of its revenue [15][27] - **Transaction Revenue**: Transaction-based revenue accounts for one-third of total revenue, with expectations for this segment to grow significantly [27][28] Growth Metrics - **Transaction Growth**: Freightos has seen a substantial increase in transactions, growing from a few hundred per quarter in 2020 to over 1.3 million in 2024 [14] - **User Engagement**: Over 20,000 unique buyers use the platform daily, indicating strong engagement and adoption [19] - **Freight Forwarder Adoption**: Freight forwarders using the platform have experienced transaction volume growth of 3 to 5 times over eight quarters [20] Competitive Advantage - **Integration and Stickiness**: Freightos is deeply integrated into the daily operations of its clients, making it difficult for them to switch to competitors [29] - **Real-Time Adjustments**: Airlines using the platform can adjust pricing and offerings in real-time based on market feedback, enhancing their competitiveness [23] Challenges and Future Outlook - **Adoption Barriers**: The main obstacles to greater adoption include the availability of contract capacity and specialized services like customs and dangerous goods handling [41][42] - **Profitability Goals**: Freightos aims to achieve profitability by 2026, with a declining adjusted EBITDA loss and over $30 million in cash reserves [28] Additional Insights - **Market Dynamics**: The logistics industry is characterized by inefficiencies due to outdated practices, such as reliance on phone calls and emails for transactions [12][13] - **Future Growth Areas**: The company plans to expand its offerings to include less-than-truckload (LTL) services and enhance its platform's capabilities for door-to-door services [23][24] This summary encapsulates the key points from the Freightos FY Conference, highlighting the company's strategic direction, market potential, and operational insights.

Core Viewpoint - Freightos Limited (CRGO) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Company Performance Indicators - The recent upgrade for Freightos Limited suggests an improvement in its underlying business, which should encourage investors to drive the stock price higher [5]. - Over the past three months, the Zacks Consensus Estimate for Freightos Limited has increased by 2.9%, with an expected earnings per share of -$0.33 for the fiscal year ending December 2025, indicating no year-over-year change [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10]. - The upgrade of Freightos Limited to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Financial Data and Key Metrics Changes - The company reported revenue of $7.4 million for Q2 2025, marking a 31% increase year over year [31] - Adjusted EBITDA for Q2 was negative $2.5 million, an improvement from negative $3.1 million in Q2 2024 [32] - Gross margin on IFRS basis was approximately 67%, up from 65% in Q2 last year [32] Business Line Data and Key Metrics Changes - Platform revenue reached $2.5 million, up 23% year over year, marking the fourth consecutive quarter of growth exceeding 20% [31] - Solutions revenue increased by 36% year over year to $4.9 million, reflecting proactive expansion of product capabilities [31][24] Market Data and Key Metrics Changes - The air cargo market saw a 3% increase in volumes compared to Q2 last year, despite challenges from tariff changes [14] - Ocean freight rates rose 43% from Q1 but were still 11% lower than last year, indicating capacity growth and potential overcapacity [15] Company Strategy and Development Direction - The company aims to digitalize international freight, positioning itself as a leading global freight platform [10][11] - Strategic expansion includes adding new carriers, with a total of 75 carriers now on the platform, enhancing coverage on critical routes [19] - The company is focused on increasing liquidity in ocean capacity and modernizing IT among ocean carriers [21][23] Management's Comments on Operating Environment and Future Outlook - Management noted that while tariffs have created some headwinds, the overall impact is minor compared to the trend of digitalization driving long-term growth [17] - The company remains on track to achieve breakeven adjusted EBITDA by the end of 2026, with confidence in sustaining growth rates [33][75] Other Important Information - The company has a strong balance sheet with $34 million in cash and cash equivalents [33] - The company plans to participate in several investor events, including the H. C. Wainwright Annual Investment Conference in September [4] Q&A Session Summary Question: Why did the company raise full year GBV guidance but keep revenue largely unchanged? - Management indicated that the mix of transactions affects revenue, with some lower take rate transactions growing faster [38][39] Question: How is the ShipStar position helping drive solutions revenue? - The integration of ShipStar has enhanced the product portfolio, enabling cross-sell opportunities and improving data offerings [41][42] Question: What is driving the pressure for modernization in the ocean freight sector? - The need for digital connections is being driven by customer demand for efficiency, moving away from traditional methods like Excel sheets [52] Question: Are there any strategic changes or new growth areas being evaluated? - Management is continuously reviewing resource allocation but does not expect any major changes at this time [60][61] Question: How much did FX fluctuations impact Q2 profitability? - FX fluctuations significantly affected adjusted EBITDA, but the company has managed to hedge nearly 100% of its exposure [62][64] Question: How does the company expect to achieve breakeven by the end of next year? - Management is confident in reaching breakeven with current growth trends and operational expense management [75][76]