Freightos (NasdaqCM:CRGO) Conference February 26, 2026 09:40 AM ET Company ParticipantsAna Berry - ModeratorIan Arroyo - Chief Strategy OfficerPablo Pinillos - CFOAna BerryGood morning, good afternoon, or good evening. Welcome to the 90th Emerging Growth Conference, day two of our two-day virtual investor conference. I'm Ana Berry, your host. A few notes for those attending today, we're running until about 4:30 P.M. Eastern. When we switch to the next company, you'll see a black screen for a moment. If you ...

Shares of Freightos Limited (CRGO) fell roughly 30% shortly after the digital freight platform announced its founder Zvi Schreiber would step down from its board of directors, effective Thursday. Stock prices for Freightos fell from around $2.30 per share to around $1.50 coinciding with Schreiber’s resignation announcement and the company’s Form 6-K earnings report published on Monday. The company stated in a news release that its board “remains fully constituted in accordance with applicable governance ...

Freightos Limited (CRGO) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.50%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.1, delivering a surprise of -25%.Over the last four quarters, the company has surpass ...

Financial Data and Key Metrics Changes - Full year 2025 revenue grew 24% to $29.5 million, with Q4 revenue at $7.4 million, up 12% year-over-year [10][24] - Gross booking value (GBV) reached $357 million in Q4, up 27% year-over-year, indicating strong transaction growth [12] - Non-IFRS gross margin for Q4 was 72.7%, down from 74.3% in Q4 2024, while full year gross margin improved to 73.7%, up 130 basis points compared to 2024 [25] Business Line Data and Key Metrics Changes - Platform revenue for the full year grew 18%, while solutions revenue increased by 27% from 2024 [24] - Q4 saw 445,000 bookings, marking a 27% increase year-over-year, with a record active carrier network of 77 carriers [11][12] - Solutions growth was softer than anticipated, with enterprise sales cycles lengthening due to budget constraints [15] Market Data and Key Metrics Changes - The company maintained a record of 445,000 bookings in Q4, reflecting strong market demand despite a volatile global trade environment [11] - The integration of new carriers and increased utilization of existing carriers contributed to transaction growth [12] Company Strategy and Development Direction - The company is prioritizing profitability and disciplined growth, aiming for break-even by the end of 2026 [4][8] - A solutions-first strategy is being adopted, focusing on enhancing product offerings and deepening customer relationships [19][20] - The company plans to expand into ocean freight and tendering, which are expected to drive significant long-term growth [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving adjusted EBITDA break-even by Q4 2026, emphasizing cost discipline and operational efficiency [27] - The board believes there is a significant long-term opportunity to digitalize and modernize global freight, with a focus on governance and leadership transitions [5][6] Other Important Information - The company closed the quarter with $27.9 million in cash and short-term bank deposits, slightly better than expectations [26] - The transition from a founder-led to a professional CEO-led organization is progressing, with a new CEO expected to be appointed before the next earnings release [7] Q&A Session Questions and Answers Question: Has there been a fundamental change in the go-to-market strategy? - The go-to-market change is not drastic but focuses on a customer-led approach, prioritizing projects with better returns [32] Question: Any operational changes to pursue a more selective strategy? - The focus will be on higher-value targets and improving overall execution in the go-to-market strategy [33] Question: What is driving the gap between transaction growth and revenue guidance? - The gap is due to the solutions revenue being affected by market volatility and longer sales cycles, while transactions represent only one-third of total revenue [53] Question: Are you still confident in achieving EBITDA breakeven in 2026? - The company remains focused on cost discipline and operational efficiency to achieve adjusted EBITDA breakeven by Q4 2026 [51] Question: Can you elaborate on the decision of a board member stepping down? - The decision was not planned and was made by the individual, but the board remains strong and aligned on the company's strategy [55]

Financial Data and Key Metrics Changes - Full year 2025 revenue grew 24% to $29.5 million, with Q4 revenue at $7.4 million, up 12% year-over-year [10][24] - Gross booking value reached $357 million in Q4, up 27% year-over-year [12] - Non-IFRS gross margin for Q4 was 72.7%, down from 74.3% in Q4 2024, while full year gross margin was 73.7%, up 130 basis points compared to 2024 [25] Business Line Data and Key Metrics Changes - Platform revenue grew 18% for the full year, while solutions revenue was up 27% from 2024 [24] - Q4 saw 445,000 bookings, marking a 27% increase year-over-year, with a record active carrier network of 77 carriers [11][12] - Solutions growth was softer than anticipated, indicating a need for tighter execution in product delivery and go-to-market strategies [15] Market Data and Key Metrics Changes - The company maintained a record of 445,000 bookings in Q4, reflecting strong transaction growth despite a volatile global trade environment [11] - The integration of new carriers and increased utilization of existing carriers contributed to transaction growth [12] Company Strategy and Development Direction - The company is prioritizing profitability and disciplined growth, aiming for break-even by the end of 2026 [4][8] - A solutions-first strategy is being adopted to enhance workflow ownership and drive sustainable revenue growth [18][19] - The focus is on expanding into ocean and tendering markets, which are expected to provide significant long-term upside [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving adjusted EBITDA break-even by Q4 2026, driven by operational discipline and cost efficiency [27] - The board emphasized the importance of digitalizing the global freight ecosystem and enhancing governance and leadership for future success [5][6] Other Important Information - The company closed the quarter with $27.9 million in cash and short-term bank deposits, slightly better than expectations [26] - The transition from a founder-led to a professional CEO-led organization is ongoing, with a new CEO expected to be appointed before the next earnings release [7] Q&A Session Questions and Answers Question: Changes in go-to-market strategy - The go-to-market change is not drastic but focuses on customer-led initiatives and prioritizing projects with better returns [30] Question: Changes in headcount or operational changes - The focus is on targeting higher-value clients and improving overall execution in the go-to-market strategy [31] Question: Take rate trends - The take rate is considered quarterly noise, with no decrease in any revenue lines [32] Question: Deployment of large language models - The company is pursuing an AI strategy to enhance operational efficiencies and leverage its API-driven architecture [34][35] Question: Plans for improving unit economics - The focus is on prioritizing projects that yield better returns and expanding network capabilities [41] Question: Confidence in achieving EBITDA breakeven - The company remains committed to achieving adjusted EBITDA breakeven by Q4 2026 [48] Question: Gap between transaction growth and revenue guidance - The gap is attributed to the volatility in the solutions revenue business and longer sales cycles affecting new bookings [50][51] Question: Governance transition and board changes - The decision for a board member to step down was not planned and reflects a broader leadership change [52] Question: Timeline for GAAP profitability - The company aims to reach adjusted breakeven by the end of the year, with GAAP profitability expected to follow [54]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $7.4 million, up 12% year-over-year, while full year revenue reached $29.5 million, up 24% year-over-year [23][24] - Gross booking value (GBV) for Q4 was $357 million, up 27% year-over-year, indicating strong transaction growth [11] - Non-IFRS gross margin for Q4 was 72.7%, down from 74.3% in Q4 2024, while the full year gross margin was 73.7%, up 130 basis points compared to 2024 [24] Business Line Data and Key Metrics Changes - Platform revenue grew 13% in Q4 and 18% for the full year, while solutions revenue increased by 12% in Q4 and 27% for the full year [23][24] - The active carrier network remained at a record of 77 carriers, unchanged from Q3 and up from 67 in Q4 2024 [10] Market Data and Key Metrics Changes - Transactions and gross booking value (GBV) continued to grow at about 20%, while revenue guidance for 2026 is projected at 6%-12% [50] - The company is experiencing longer sales cycles due to market volatility, which has affected near-term solutions revenue growth [25][51] Company Strategy and Development Direction - The company is prioritizing profitability and disciplined growth, aiming to reach break-even by the end of 2026 [4][6] - A solutions-first strategy is being adopted, focusing on deeper integration and workflow ownership across air, ocean, and procurement [17][21] - The company plans to strengthen its comprehensive solution suite while driving transaction growth across the platform [6][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving break-even Adjusted EBITDA by Q4 2026, driven by operational discipline and cost efficiency [26][48] - The board believes there is a significant long-term opportunity to digitalize and modernize global freight, with a focus on enhancing governance and leadership [5][7] Other Important Information - The company closed the quarter with $27.9 million in cash and short-term bank deposits, slightly better than expectations [24] - The transition from a founder-led to a professional CEO-led organization is progressing, with a new CEO expected to be appointed before the next earnings release [6] Q&A Session Questions and Answers Question: Has there been a fundamental change in the go-to-market strategy compared to a year ago? - The go-to-market change is not drastic but focuses on being customer-led and prioritizing projects with better returns [30][31] Question: Any changes on the headcount side or operational changes to pursue a more selective strategy? - The focus will be on higher-value targets and overall execution improvements in the go-to-market strategy [32] Question: What is driving the gap between transaction growth and revenue guidance for 2026? - The gap is due to the solutions revenue being affected by market volatility and longer sales cycles, which has delayed new bookings [50][51] Question: Are you still comfortable with the likelihood of achieving EBITDA breakeven in 2026? - The company remains focused on cost discipline and operational efficiency to achieve Adjusted EBITDA breakeven by Q4 2026 [48] Question: Can you elaborate on the decision of Dr. Schreiber to step down from the board? - The decision was not planned and was made by Dr. Schreiber; the board remains strong and aligned on the company's strategy [52]

Q4 2025 Earnings Call Nasdaq: CRGO February 23, 2026 08:30 Disclaimer About this Presentation This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. Please see our SEC filings for the most up to date information. The information contained herein does not purport to be all-inclusive and none of Freightos or its affiliates or representatives makes any representation or warranty, express or implied, as to the accuracy, completene ...

Freightos Reports Fourth Quarter and Full Year 2025 Results [Accessibility Statement] Skip Navigation- Year- End Cash of $28M; On track to Breakeven by Year-End 2026- Fourth Quarter Revenue Up 12% year-over-year, Full Year Revenue Up 24%BARCELONA, Spain, Feb. 23, 2026 /PRNewswire/ - Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter and year ended December 31, 2025."We deli ...

Company Overview - Freightos Limited (NASDAQ: CRGO) is a leading vendor-neutral digital booking and payment platform for the international freight industry [1][3] - The platform digitizes the trillion-dollar international freight industry, offering a suite of software solutions for pricing, quoting, booking, shipment management, and payments [4] Leadership Changes - Dr. Zvi Schreiber has decided to step down from the Board of Directors, effective February 28, 2026 [1] - The Board remains fully constituted and the search for a permanent Chief Executive Officer is ongoing [2] Industry Position - Freightos connects airlines, ocean carriers, thousands of freight forwarders, and over ten thousand importers and exporters, enhancing the efficiency and resilience of world trade [3] - The company provides real-time industry data through Freightos Terminal, which includes leading spot pricing indexes such as the Freightos Air Index (FAX) and the Freightos Baltic Index (FBX) [5]

Group 1 - The fundamental rule of investment compounding is to buy quality and hold, emphasizing the importance of long-term investment in great growth companies [1] - Ron Baron, CEO of Baron Capital, highlights the necessity of holding quality companies for long-term growth as a key to successful investing [1] - Ariel Sokol has over twenty years of experience in corporate finance, focusing on subscription and edtech businesses, and has held significant roles in various companies including Pearson [1]