Q1 2025 Performance - Transactions reached 371,000, a 25% year-over-year increase[19] - Revenue reached $6.9 million, a 30% year-over-year increase[19] - Adjusted EBITDA was $(30) million, aligning with guidance[47] - GBV reached $276.1 million, exceeding guidance[47] Growth and Strategy - The company launched Freightos Enterprise[19] - The company is experiencing strong transaction growth due to marketplace network effects[28] - The company is enhancing platform value through comprehensive solutions, including SaaS and data solutions[33] Financial Guidance - Q2 2025 transaction guidance is 380,000-385,000, representing 20%-22% year-over-year growth[63] - Q2 2025 revenue guidance is $70-$7.1 million, representing 23%-25% year-over-year growth[63] - FY 2025 revenue guidance is $290-$30.6 million, representing 22%-29% year-over-year growth[63] - FY 2025 transaction guidance is 1,562,000-1,637,000, representing 20%-26% year-over-year growth[63]

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].

Core Insights - Freightos has announced that Air Europa has joined its WebCargo platform, enhancing its digital freight booking capabilities in the Spain-Latin America trade lanes [1][3] - The partnership aims to provide freight forwarders with instant access to Air Europa's network, which includes 15 domestic destinations in Spain and 40 international routes [1][3] Group 1: Partnership and Network Expansion - The addition of Air Europa strengthens WebCargo's offering, particularly in the Spanish export routes connecting major cities like Madrid, Barcelona, and Valencia with Air Europa's global network [2][3] - This partnership is seen as a significant step in the digital transformation of air cargo in the Spanish and Latin American markets, enhancing supply chain resilience [3] Group 2: Benefits for Freight Forwarders - Freight forwarders will benefit from instant shipment securing through Air Europa's extensive network, which is part of a platform that already includes dozens of major airlines [3][8] - The platform represents nearly 70% of global air cargo capacity, providing unprecedented digital access to shipping options for freight forwarders [3] Group 3: Digital Transformation and Innovation - Air Europa's commitment to innovation and digital optimization is highlighted by its integration into the WebCargo platform, which streamlines booking processes and enhances capacity accessibility [3] - The Freightos platform digitizes the international freight industry, offering a suite of software solutions for pricing, quoting, booking, shipment management, and payments [6]

Core Insights - Freightos Limited has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, which includes audited financial statements [1] - The company offers a hard copy of its annual report free of charge to shareholders upon request [2] Company Overview - Freightos is a leading vendor-neutral global freight booking platform connecting airlines, ocean carriers, freight forwarders, and over ten thousand importers and exporters, enhancing world trade efficiency [3] - The Freightos platform digitalizes the international freight industry, providing a suite of software solutions for pricing, quoting, booking, shipment management, and payments [4] - Freightos also offers 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) [4]

Financial Instruments and Risk Management - The company entered into forward contracts to hedge forecasted payments denominated in NIS, with notional amounts of $1.9 million and $2.5 million as of December 31, 2024 and 2023, respectively [92]. - The fair value of outstanding forward contracts was positive $0.0 million and positive $0.1 million as of December 31, 2024 and 2023, respectively [92]. Operational Risks - The company is subject to seasonal volume fluctuations, which could adversely affect operating results and financial condition if revenue is lower than expected during peak periods [93]. - The company relies on service providers for freight services, and any financial instability or reduced capacity among these providers could negatively impact operations and financial results [96]. - Disputes between buyers and sellers on the platform may increase during economic downturns, potentially leading to reputational harm and increased costs [107]. - The company is dependent on key personnel, including the CEO, and losing their services could compromise business strategy and operations [110]. - The company faces intense competition for qualified personnel, particularly software engineers, which may increase costs and affect business continuity if key personnel are lost [112]. - Labor unrest, including strikes and work stoppages, could adversely affect the company's business operations and results [117]. - Errors or disruptions in the company's platform could harm brand reputation and negatively impact operating results [119]. Cybersecurity and Data Protection - Cyberattacks targeting the company have increased due to geopolitical tensions, posing risks to critical infrastructure and potentially impacting operations and reputation [123]. - The company has experienced and expects to continue facing cyberattacks, which could lead to significant operational disruptions and financial losses [122]. - The company must continuously improve security measures to protect sensitive data, as breaches could lead to reputational damage and financial liabilities [124]. - The company may incur significant additional resources to protect against security incidents, and insurance coverage may not be adequate to cover all associated losses [126]. Intellectual Property - The company is vulnerable to intellectual property infringement claims, which could result in significant legal costs and operational disruptions [128]. - The likelihood of intellectual property-related litigation is expected to increase due to heightened market activity in the global freight solutions segment [132]. - The company relies on various intellectual property rights, including patents and trademarks, to protect its proprietary technology and data [133]. - There is no assurance that additional patents or trademarks will be issued, which could limit the company's competitive advantage [135]. - The company may face challenges in enforcing its intellectual property rights, which could adversely affect its brand and business [141]. Regulatory and Compliance Risks - Legal and regulatory developments regarding data privacy and cybersecurity could increase compliance costs for the company [148]. - The company is subject to various privacy laws, including the California Consumer Privacy Act (CCPA), which imposes increased privacy obligations and civil penalties for violations [149]. - The General Data Protection Regulation (GDPR) could impose fines of up to €20 million or 4% of annual global revenue for non-compliance, affecting the company's operations in the EEA and the UK [152]. - Compliance with GDPR and similar laws may increase operational costs and limit the company's ability to collect and share data, potentially harming financial results [153]. - The company faces evolving data protection requirements globally, which may lead to increased compliance costs and operational challenges [156]. - The EU AI Act, effective February 2, 2025, could impose fines of up to €35 million or 7% of total worldwide annual turnover for non-compliance, impacting the company's AI operations [162]. - Changes in international tax legislation, including OECD's BEPS recommendations, may increase tax costs and compliance burdens for the company [165]. - The company may face additional tax liabilities due to changes in tax laws or business practices, which could adversely affect financial condition and cash flows [168]. - Increased audit activity and aggressive positions by tax authorities may lead to additional taxes or assessments beyond current provisions [169]. - The introduction of digital services taxes in certain countries could adversely impact the company's operations and cash flows, potentially increasing the worldwide effective tax rate [170]. - The company is subject to various non-income-based taxes, which may result in additional liabilities due to audits or investigations by tax authorities [171]. - The regulatory environment is complex, and failure to comply could lead to penalties and increased operational costs [172]. - The company may face increased operating costs and reputational damage due to non-compliance with anti-corruption and anti-money laundering laws [178]. Geopolitical and Economic Risks - Changes in export and import regulations or economic sanctions could decrease the use of the company's platform by international users [183]. - The company may incur significant legal liabilities and financial losses due to political and trade tensions affecting global operations [182]. - The ongoing conflict in the West Bank has led to significant operational disruptions, with general strikes affecting team performance and potentially harming the company's liquidity and cash flows [216]. - The Israeli government currently provides coverage for damages caused by terrorist attacks or acts of war, but there is no assurance that this coverage will be maintained, which could adversely impact the company's business [217]. - The company faces risks from economic boycotts and restrictive laws against Israeli businesses, which may negatively affect its financial condition and expansion efforts [218]. - The conflict has resulted in a downgrade of Israel's credit rating by agencies such as Moody's and S&P Global, potentially slowing international investment and impacting the business environment [219]. Shareholder and Market Risks - The price of Freightos Ordinary Shares and Warrants may be volatile, influenced by various factors including financial performance and market conditions [233]. - The company may redeem outstanding Freightos Warrants at a price of $0.01 per warrant, which could disadvantage warrant holders [238]. - As of March 1, 2025, approximately 58% of Freightos Ordinary Shares are held by a limited number of shareholders, including the founder and early investors [243]. - The concentrated ownership structure significantly impacts the liquidity of Freightos Ordinary Shares, leading to lower trading volumes and increased price volatility [245]. - Freightos is classified as an "emerging growth company" and will remain so until December 31, 2028, allowing it to take advantage of reduced reporting requirements [248]. - The company is required to file an annual report on Form 20-F within four months of the end of each fiscal year, but the information provided is less extensive compared to U.S. domestic issuers [253]. - If Freightos loses its foreign private issuer status, it will incur significant additional legal, accounting, and compliance costs [254]. - The company may face challenges in attracting new institutional investors due to limited liquidity and trading volume [247]. - Freightos Ordinary Shares and Warrants have not experienced significant trading levels on Nasdaq since becoming public, which may affect market development [240]. - The potential volatility of Freightos securities may lead to securities litigation, diverting management's attention and resources [242]. - The company has agreed to use its best efforts to maintain a current and effective prospectus for the Freightos Warrants, but cannot assure compliance [239]. Financial Performance and Future Outlook - The company expects to continue operating at a loss in the foreseeable future and does not anticipate paying any cash dividends [267]. - The company has granted share incentive awards in the past and will continue to do so, which may lead to increased share-based compensation expenses [270]. - The company completed a business combination with Gesher on January 25, 2023, resulting in Gesher becoming a wholly-owned subsidiary [278]. - The company is currently classified as an "emerging growth company," allowing it to take advantage of certain reporting exemptions [281]. - The issuance of additional share capital in the future is expected, which will dilute existing shareholders [264]. - The company may face adverse effects on investor confidence if material weaknesses in internal controls are identified [262]. - The company has incurred additional annual expenses as a public company, including increased audit and legal fees [279]. - The trading market for the company's ordinary shares depends on the research published by securities or industry analysts [265]. - The company does not guarantee that its ordinary shares will appreciate in value or that the market price will not decline [269]. - The company may be classified as a passive foreign investment company (PFIC) for U.S. federal income tax purposes, which could result in adverse tax consequences [276]. - The company will remain an emerging growth company until the earliest of December 31, 2028, total annual gross revenue of at least $1.235 billion, or a market value exceeding $700 million [282]. Market Context - The global freight booking and payment platforms, Freightos.com and WebCargo, support supply chain efficiency by enabling real-time procurement across more than 10,000 importers/exporters and thousands of freight forwarders [290]. - The value of goods exported internationally reached $23.8 trillion in 2023, representing approximately 23% of global GDP [290]. - The third-party logistics market generated $1.2 trillion in revenue in 2023, exceeding pre-pandemic numbers by about 25% [290]. - Global freight services remain largely offline and inefficient, with importers/exporters often waiting several days for spot price quotes, leading to unpredictable pricing and transit times [291].