Core Insights - Freightos Limited reported preliminary key performance indicators for Q4 2024 and FY 2024, indicating continued growth in platform usage and network expansion, achieving the 20th consecutive quarter of record transactions and the highest number of new carriers added in a single quarter [1][4][8] Performance Metrics - Transactions: Freightos facilitated 350,400 transactions in Q4 2024, representing a 22% year-over-year growth, exceeding management's expectations [3][8] - Gross Booking Value (GBV): The total GBV reached 894 million, showing a 33% year-over-year growth [3][8] Network Expansion - Carrier Growth: The number of unique carriers increased to 67 in Q4 2024, up from 45 in Q4 2023, marking the strongest carrier growth in a single quarter in the company's history [8] - Buyer Growth: Unique buyer users on the platform grew by 14% to approximately 20,100 by the end of Q4 2024, highlighting the network effects of Freightos' platform [8] Future Outlook - The company plans to report full financial results for Q4 2024 on February 24, 2025, with a conference call scheduled for the same day [6][8]
Freightos Reports Record Transactions and Carrier Additions for Fourth Quarter of 2024