JERUSALEM, Feb. 8, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today announced that William Chin, Head of Commodities at the Singapore Exchange stepped down from the board of directors, and that Carl Vine, Co-Head of Asia-Pacific Equity Investing at M&G Investments, was appointed to the board. Carl Vine joined the M&G Equity team in 2019 and has 27 years of investment experience. Prior to folding it int ...

BARCELONA, Spain, Feb. 5, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced that WebCargo by Freightos has partnered with Virgin Atlantic Cargo, a global air cargo leader. This collaboration combines Virgin Atlantic Cargo's extensive network with WebCargo's digital reach, providing more options for forwarders globally. With the largest off-site cargo handling operation at the UK's largest commercial ...

TOKYO and JERUSALEM, Jan. 24, 2024 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), the leading digital booking and payment platform for the international freight industry, today announced its partnership with JALCARGO, the cargo arm of Japan Airlines (JAL)).  Thousands of freight forwarders already using WebCargo will now be able to eBook for JAL's air cargo capacity to Japan and other Asian countries from Japan, Europe and the United Kingdom.  "Digital transformation is key for JALCARGO's growth. Off ...

Freightos Limited (NASDAQ:CRGO) Q3 2023 Results Conference Call November 21, 2023 8:30 AM ET Company Participants Anat Earon-Heilborn - VP, IR Zvi Schreiber - CEO Ran Shalev - CFO Conference Call Participants Jason Helfstein - Oppenheimer George Sutton - Craig-Hallum Anat Earon-Heilborn Hello, everyone, and welcome to Freightos Q3 2023 Earnings Conference Call. A press release with detailed financial results for Q3 2023 was released earlier today and is available at freightos.com/investors. My name is Anat ...

Exhibit 99.1 INTERIM CONSOLIDATED FINANCIAL STATEMENTS IN U.S. DOLLARS | --- | --- | |----------------------------------------------------------------------------------------------------|------------| | | Page | | Interim Consolidated Statements of Financial Position | 2 | | Interim Consolidated Statements of Profit or Loss and Other Comprehensive Loss | 3 | | Interim Consolidated Statements of Changes in Equity | 4 | | Interim Consolidated Statements of Cash Flows | 5 - 6 | | Notes to the Interim Consolida ...

Zvi Schreiber - CEO example, one major airline partner who has worked with us for over a year still saw transactions grow by over 25% quarter-on-quarter. As a pioneer in digital freight platforms, we come on with strong market leadership and are well positioned to continue to benefit from this demand. And still only a fraction of the global freight industry is aligned. So, weÂ're only scratching the surface of this marketÂ's potential. The team and I are excited to continue to scale Freightos as a sustainab ...

Exhibit 99.1 Freightos Reports Second Quarter Results with Record Transactions and Improved Profitability ● Freightos Platform continues 14 quarter streak of record Transactions. ● Company remains on track to reach profitability with existing cash. August 21, 2023 – Jerusalem /PRNewswire/ - Freightos Limited (Nasdaq: CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ending June 30, 2023. Recent busine ...

Revenue and Growth - Revenue for Q1 2023 was $4.8 million, a 9.9% increase compared to Q1 2022, or 11.3% on a constant currency basis[2] - The company expects Q2 2023 Transactions to be between 239,500 and 244,500, representing a year-over-year growth of 109% to 113%[22] - Gross Bookings Value (GBV) for Q2 2023 is projected to be between $159.1 million and $162.4 million, reflecting a year-over-year growth of 26% to 29%[22] - The company anticipates full-year 2023 revenue to be between $22.3 million and $23.6 million, with a year-over-year growth of 15% to 22%[22] - Freightos achieved a record 229 thousand transactions in Q1 2023, representing a 100% year-over-year increase, with a Gross Booking Value (GBV) of $168.7 million[34] User and Ecosystem Growth - The number of unique buyer users increased by 29% year-over-year, indicating strong ecosystem growth[1] - The number of unique buyer users grew by 29% year-over-year, reaching 16 thousand in Q1 2023[34] - The number of carriers selling on the platform reached 37 in Q1 2023, a 19% increase year-over-year, representing approximately 57% of global cargo capacity[34] Financial Performance - IFRS Gross Margin was 58.3%, down from 61.7% in Q1 2022; Non-IFRS Adjusted Gross Margin was 65.0%, compared to 66.5% in Q1 2022[2] - Adjusted EBITDA for Q1 2023 was negative $5.8 million, worsening from negative $3.3 million in Q1 2022 due to increased investment in growth[2] - Freightos reported a non-IFRS gross profit of $3,134 thousand for Q1 2023, compared to $2,920 thousand in Q1 2022, with a non-IFRS gross margin of 65.0%[29] - The company incurred an operating loss of $57,960 thousand in Q1 2023, significantly higher than the $4,182 thousand loss in Q1 2022[30] - Adjusted EBITDA for Q1 2023 was $(5,816) thousand, with an adjusted EBITDA margin of (121)%[30] Cash and Assets - Cash and cash equivalents at the end of the period increased to $46,778 thousand from $16,903 thousand year-over-year[28] - Total assets increased significantly to $102,510 million as of March 31, 2023, compared to $41,806 million on December 31, 2022, reflecting a growth of 144%[40] - Cash and cash equivalents rose sharply to $46,778 million from $6,492 million, indicating a substantial increase of 620%[40] - Total equity surged to $82,949 million, up from $21,660 million, representing an increase of 284%[40] - Current liabilities decreased to $13,654 million from $17,080 million, a reduction of 20%[40] - Long-term liabilities increased to $5,907 million from $3,066 million, a rise of 93%[40] - Trade receivables increased to $2,390 million from $1,936 million, reflecting a growth of 23%[40] - User accounts remained stable at $3,309 million, slightly down from $3,328 million[40] - The company reported a significant increase in intangible assets, which totaled $9,051 million, down from $9,465 million, indicating a decrease of 4%[40] Strategic Initiatives - Freightos continues to invest in R&D and new customer acquisition, which is expected to yield high profit margins in the future[11] - Air cargo payments using Freightos' solution have grown over 30% since Q4 2022, indicating strong progress in payment solutions[16] - The Freightos platform has achieved close to 60% IFRS gross margins and is introducing new sales channels like Freightos Terminal, which is generating high profit margins[19] - Freightos launched Freightos Terminal in May 2023, a real-time global freight market intelligence solution[34] - Freightos plans to expand its solutions to other global manufacturers and retailers following a successful pilot with Electrolux[34]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 5(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...

Freightos Limited (NASDAQ:CRGO) Q4 2022 Results Conference Call March 13, 2023 8:30 AM ET Company Participants Eytan Buchman - CMO Zvi Schreiber - CEO Ran Shalev - CFO Conference Call Participants George Sutton - Craig-Hallum Greg Pendy - Chardan Jason Helfstein - Oppenheimer Eytan Buchman Hi. Welcome to Freightos' 2022 Fiscal Year Earnings Conference Call. My name is Eytan Buchman, and I'm the Chief Marketing Officer at Freightos. A press release with detailed financial results for fiscal year 2022 was rel ...