Freightos (CRGO) Conference Summary Company Overview - **Company**: Freightos - **Industry**: International Freight and Shipping - **CEO**: Zvi Schreiber - **Founded**: 12 years ago Key Points and Arguments Industry Context - The international shipping industry is valued at approximately **$600 billion** [8] - 90% of goods in stores in America and Europe are imported, highlighting the industry's significance [8] Digital Transformation - Freightos aims to digitize the international shipping industry, which is considered one of the last major industries without a digital platform [6] - The company has grown from **100,000 bookings per quarter** three years ago to **close to 400,000** in Q1 [9] - Freightos has established a network of **13,000 importers and exporters**, **4,000 freight forwarders**, and **71 carriers** [9] Financial Performance - Revenue is growing every quarter, with a reaffirmed guidance for the year despite industry uncertainties [12] - EBITDA has been increasing every quarter, with the exception of a quarter impacted by an acquisition [13] - The gross profit margin is currently at **74%** and is expected to reach **80%** over time [15] - The company is projected to break even by the end of **2026** [15] Market Segmentation - The industry consists of three tiers: carriers (ocean liners, airlines), freight forwarders, and importers/exporters [16][18] - There are approximately **100,000 freight forwarders** globally, with major players like Expeditors and C.H. Robinson [19][20] Challenges and Opportunities - The industry still relies heavily on offline transactions, with many price quotes taking **2-3 days** [25] - There is significant underutilization of cargo capacity, leading to wasted resources and emissions [27] - The digitalization trend presents a substantial growth opportunity for Freightos [25] Product Offerings - Freightos has two main revenue segments: platform (transactional revenue) and solutions (software and data subscriptions) [31] - The platform includes **Webcargo**, which connects airlines and ocean liners to freight forwarders, and **Freightos**, which connects freight forwarders to importers/exporters [32][33] - The company has a growing data revenue stream from the **Freightos Baltic Index (FBX)**, which is used for market insights and trading [45] Strategic Initiatives - The company maintains a focus on capital efficiency and aims to improve its take rates on both platforms [54] - The long-term growth model anticipates a **20-30%** annual growth in transactions and revenue [57] Additional Important Information - Freightos has significant strategic investors, including **Qatar Airways** and **FedEx**, holding approximately **50%** of the company [61][62] - The impact of tariffs on the business is mixed; while they can reduce volume, they also create opportunities for alternative solutions [70][71] Conclusion Freightos is positioned to capitalize on the digital transformation of the international shipping industry, with strong growth metrics and a clear path to profitability. The company’s focus on building a comprehensive digital platform and its strategic partnerships provide a solid foundation for future expansion.

Core Viewpoint - Freightos Limited (CRGO) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of a company's shares, leading to buying or selling actions that affect stock prices [4]. Company Performance Indicators - The recent upgrade for Freightos Limited indicates an improvement in the company's underlying business, suggesting that investors may push the stock price higher [5]. - Analysts have raised their earnings estimates for Freightos Limited, with the Zacks Consensus Estimate increasing by 2.9% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Freightos Limited's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Summary of Freightos Conference Call Company Overview - **Company Name**: Freightos - **Industry**: Digital Freight Forwarding and Logistics - **Key Executives**: Svee Schreiber (CEO), Pablo Pinelos (CFO), Anna Aaron Halbrunn (IR) Core Points and Arguments 1. **Market Position**: Freightos is a leader in digitizing the freight forwarding industry, which is still largely offline, with over a million digital bookings annually, representing a small portion of a multi-billion dollar industry [5][6][9] 2. **Growth Metrics**: The number of transactions has grown 3.5 times over the last three years, indicating rapid growth in the marketplace [7][41] 3. **Marketplace Structure**: Freightos operates a three-sided marketplace involving carriers, freight forwarders, and importers/exporters, which enhances network effects and growth dynamics [8][41] 4. **Financial Performance**: Revenue has been consistently growing, with a non-IFRS margin currently at 74%, aiming for 80% [9][10][50] 5. **Investment Strategy**: The company is intentionally not break-even yet, as it prioritizes investment in marketing and R&D to capture market opportunities [10][12] 6. **Cash Position**: Freightos has over $30 million in cash, sufficient to reach profitability without needing to raise additional capital in the near term [11][62] 7. **Revenue Segmentation**: Revenue is divided into two segments: platform revenue (transactional) and solutions revenue (subscription-based), with the expectation that platform revenue will grow faster [48][49] 8. **Tariff Impact**: While tariffs can create short-term headwinds, the overall trend of world trade remains positive, and the company is positioned to benefit from increased marketplace usage during volatility [35][36][38] Additional Important Insights 1. **Industry Dynamics**: The freight forwarding industry is characterized by a high number of manual processes and intermediaries, presenting a significant opportunity for digital transformation [23][24] 2. **Comparison with Competitors**: Freightos differentiates itself from competitors like Flexport by being a neutral platform rather than a freight forwarder, allowing for higher margins and a broader market reach [70] 3. **Long-term Growth Potential**: The company believes it can grow significantly regardless of fluctuations in global trade, as it has only digitized a small percentage of the market [67][68] 4. **Market Trends**: The shift towards digital platforms in B2B commerce is seen as a major trend, with Freightos aiming to be a leader in this space [27][28] Conclusion Freightos is positioned as a leading digital platform in the freight forwarding industry, with strong growth metrics, a solid financial foundation, and a clear strategy for future expansion. The company is focused on leveraging its marketplace structure to capitalize on the ongoing digital transformation in logistics.

Q1 2025 Earnings Call Nasdaq: CRGO May 20, 2025 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, completeness or ...

Financial Data and Key Metrics Changes - The company reported revenue of $6.9 million, representing a 30% year-on-year growth [24] - Platform revenue was $2.3 million, up 23% year-on-year, while solutions revenue reached $4.6 million, up 33% year-on-year [25] - Gross margin improved to 66.8% on an IFRS basis, up from 62.6% in Q1 last year, and non-IFRS gross margin increased to 73.7% from 70.3% [25][26] - Adjusted EBITDA improved to a loss of $3 million from a loss of $3.6 million in Q1 last year [26] Business Line Data and Key Metrics Changes - The company facilitated over 370,000 transactions in Q1, a 25% increase from the same period last year [6] - The onboarding of four new carriers brought the total to 71 carriers on the platform [7][21] - The solutions segment saw notable enterprise customer wins, including a renewal from a global industrial conglomerate and a new contract with a major European building materials manufacturer [17][18] Market Data and Key Metrics Changes - In air cargo, global volumes increased by 8% year-over-year, while rates were 6% lower compared to last year [7][8] - China's US ocean volumes dropped significantly during a period of high tariffs, impacting the market [8] - The bellwether FBX01 index for shipping a 40-foot container transpacific dropped to around $2,000, reflecting a return to long-term average rates [9] Company Strategy and Development Direction - The company aims to digitalize international shipping and expand its platform across multiple dimensions, including adding new transaction types and enriching existing services [15][14] - The launch of the Freightos Enterprise software as a service solution is expected to create new sales and cross-sell opportunities [7] - The company is focused on network effects to drive sustainable competitive advantage and capital-efficient growth [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential stabilization in trade relations following recent US-China agreements [11][12] - The company remains cautious about the impact of tariffs and trade policy changes on its business, noting that market volatility can increase the need for its marketplace [10][28] - The company reiterated its guidance for the year, expecting continued growth despite macroeconomic uncertainties [28] Other Important Information - The company ended the quarter with $36.4 million in cash and cash equivalents, maintaining a strong balance sheet [27] - The Freightos Enterprise Suite was launched shortly after the quarter end, designed to serve the complex needs of multinational shippers [19][20] Q&A Session Summary Question: What could affect the company's ability to hit targets for the year? - Management noted that fluctuations in trade volumes could impact the platform segment, while macroeconomic uncertainty could affect the solutions segment [33][36] Question: How could supply chain diversification benefit the company? - Management indicated that volatility in trade could benefit the marketplace, providing valuable tools and data to the industry [40][42] Question: What is the revenue dynamic behind the new trucking partnership? - The trucking partnership is expected to enhance the platform's offerings, allowing freight forwarders to manage multimodal shipments more easily [51][56] Question: Why is there a mismatch between GBV and revenue growth? - The company explained that a large portion of transactional bookings is based on a flat fee, which contributes to the mismatch [71][72] Question: What constitutes the economic moat for the company? - The company emphasized that network effects create a significant moat, as the platform connects a large number of buyers and sellers [73][75]

Financial Data and Key Metrics Changes - The company reported revenue of $6.9 million, representing a 30% year-over-year growth [24] - Platform revenue was $2.3 million, up 23% year-over-year, while solutions revenue reached $4.6 million, up 33% year-over-year [25] - Gross margin improved to 66.8% on an IFRS basis, up from 62.6% in Q1 last year, and non-IFRS gross margin increased to 73.7% from 70.3% [25] - Adjusted EBITDA improved to a loss of $3 million from a loss of $3.6 million in Q1 last year [26] - The company ended the quarter with $36.4 million in cash and cash equivalents [26] Business Line Data and Key Metrics Changes - The company facilitated over 370,000 transactions in Q1, a 25% increase from the same period last year [6] - The onboarding of four new carriers brought the total to 71 carriers on the platform [7] - The solutions segment saw notable enterprise customer wins, including a five-year contract with a major European building materials manufacturer [17] Market Data and Key Metrics Changes - In air cargo, global volumes were up 8% year-over-year, while rates were 6% lower compared to last year [7] - China's US ocean volumes dropped significantly during a period of high tariffs, impacting specific trade lanes [8] - The company noted a potential stabilization in trade relations following recent US-China agreements [12] Company Strategy and Development Direction - The company aims to expand its platform by adding new types of transactions and enriching existing services [15] - A new partnership with a major North American ground transportation provider will enable freight forwarders to book trucking services directly through the platform [16] - The launch of the Freightos Enterprise Suite is designed to serve the complex needs of multinational shippers [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the resilience of the business model despite macroeconomic uncertainties [28] - The company reiterated its guidance for the year, expecting continued growth in transactions and revenue [28] - Management highlighted the importance of digitalization in global trade and the significant growth opportunities available [24] Other Important Information - The company is participating in several upcoming investor events, including the Sidoti Microcap Conference and the Oppenheimer Technology, Internet and Communications Conference [4] - The company emphasized the critical value of its market intelligence during periods of significant market volatility [19] Q&A Session Summary Question: What factors could affect the company's ability to hit targets for the year? - Management noted that fluctuations in trade volumes could impact the platform segment, while economic uncertainty could affect the solutions segment [33][36] Question: How could supply chain diversification benefit the company? - Management indicated that the company benefits from market volatility by providing valuable tools and data to the industry [40][42] Question: How quickly could supply from companies like Timu and Shine come back online? - Management expressed uncertainty about the timeline for supply to return but noted that air cargo rates had not dropped significantly yet [48] Question: What is the revenue dynamic behind the new trucking partnership? - Management explained that the partnership would enhance the platform's offerings, allowing for a more comprehensive service for freight forwarders [50][57] Question: Why is there a mismatch between GBV and revenue growth? - Management clarified that a large portion of transactional bookings is based on a flat fee, which contributes to the mismatch [64][72] Question: What constitutes the economic moat for Freightos? - Management emphasized network effects as the primary moat, highlighting the importance of having a large number of buyers and sellers on the platform [74][76]

Exhibit 99.1 Freightos Reports First Quarter 2025 Results ● First Quarter Revenue Increase of 30% Year-Over-Year, Exceeding Management Expectations ● Company Maintains Full-Year Outlook May 20, 2025 - Barcelona /PRNewswire/ - Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported its financial results for the quarter ended March 31, 2025. "Freightos delivered another strong quarter of growth as we continue to l ...

Company Overview - Freightos Limited (NASDAQ: CRGO) is a leading vendor-neutral global freight booking platform that connects airlines, ocean carriers, freight forwarders, and importers/exporters, enhancing the efficiency and resilience of world trade [4][5]. - The platform digitizes the trillion-dollar international freight industry, offering a suite of software solutions for pricing, quoting, booking, shipment management, and payments [5]. Financial Results Announcement - Freightos will report its Q1 2025 financial results before market open on May 20, 2025, with a management-hosted webcast and conference call scheduled for 8:30 a.m. EST on the same day [1]. Investor Relations - Information regarding the financial results and a link to the live webcast will be available on Freightos' investor relations website [2]. - Participants can register for the call via a provided link, and a replay of the webcast along with the call's transcript will be accessible on the investor relations website post-call [3]. Industry Data - Freightos is a prominent provider of real-time industry data through Freightos Terminal, which includes leading spot pricing indexes such as the Freightos Air Index (FAX) for air cargo and the Freightos Baltic Index (FBX) for container shipping [6].

Core Insights - Freightos has launched Freightos Enterprise, an integrated logistics procurement suite aimed at large importers and exporters, addressing the fragmented nature of global freight procurement and execution [1][4] - The platform combines annual, quarterly, and spot procurement of air, ocean, and ground freight, providing essential market intelligence to navigate industry volatility [1][4] Company Overview - Freightos (NASDAQ: CRGO) is a leading digital freight booking and payment platform that connects airlines, ocean carriers, freight forwarders, and over ten thousand importers and exporters [5] - The company digitizes the trillion-dollar international freight industry with a suite of software solutions for pricing, quoting, booking, shipment management, and payments [6] Product Features - Freightos Enterprise includes three modules: Procure, Rate, Book & Manage, and Terminal, which streamline the procurement process and enhance operational efficiency [2][8] - The Procure module automates RFQs and contract optimization, reducing procurement time by up to 90% [8][9] - The Rate, Book & Manage module offers direct digital connectivity to hundreds of carriers for rate comparison and shipment tracking [8] - The Terminal module provides real-time freight market intelligence and enhanced contract benchmarking capabilities [8] Market Context - The launch of Freightos Enterprise aligns with current industry challenges, including trade uncertainties and volatile rates, necessitating optimized spending and efficiency in complex supply chains [4] - Customers using Freightos Enterprise have reported significant benefits, including a 20% reduction in freight spend and an 80% decrease in email communication related to quoting and booking [9]

Core Insights - Freightos Limited reported strong preliminary key performance indicators for Q1 2025, showcasing continued growth in its digital freight network despite tariff uncertainties [1][4]. Performance Metrics - The company facilitated 371,000 transactions in Q1 2025, reflecting a 25% year-over-year growth and surpassing management's expectations [3][7]. - Gross Booking Value (GBV) reached $276.1 million in Q1 2025, marking a 43% year-over-year increase, driven by higher transaction volumes and freight rate stability [3][7]. Platform Expansion and Network Growth - Freightos expanded its network to 71 carriers in Q1 2025, including new specialized cargo operators, and unique buyer users grew by 10% year-over-year to 19,700 [7]. - The company emphasized the resilience of its digital platform, stating that changes in trade policies would have a marginal impact on the vast growth opportunities available [4][7]. Future Outlook - Financial results for Q1 2025 will be reported in the second half of May, with specific details to be published in early May [5].