Core Viewpoint - Freightos Limited has announced a cost optimization plan that includes a global workforce reduction of up to 15% to enhance operating efficiency and support its goal of achieving Adjusted EBITDA breakeven by the end of 2026 [1][5]. Group 1: Cost Optimization and Restructuring - The restructuring aims to support the long-term sustainable growth of the company's multimodal pricing, quoting, and booking platform, which remains aligned with its strategy to build the world's leading global freight pricing platform [2][5]. - The company estimates incurring approximately $1.3 million in one-time restructuring charges, primarily related to severance and employee benefits, over the first nine months of the year [3]. - Freightos anticipates that the restructuring will generate annualized cost savings of approximately $4.5 million starting in Q4 2026 [3]. Group 2: Leadership and Strategic Direction - Pablo Pinillos, the newly appointed CEO, emphasized the necessity of these decisions for ensuring long-term sustainable growth in a dynamic market [3]. - The company is committed to investing in advanced technology, including AI, to improve efficiency and streamline operations [2][3]. Group 3: Market Position and Offerings - Freightos operates the world's largest digital freight booking platform, with native multimodal capabilities and an end-to-end digital workflow that includes tendering, rate management, quoting, booking, and payment [3]. - The Freightos platform digitizes the international freight industry, offering a suite of software solutions that cater to various businesses, including Freightos Enterprise for multinational companies and Freightos Marketplace for smaller importers and exporters [8].

Core Insights - Freightos Limited has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission, which includes audited financial statements [1] Group 1: Company Overview - Freightos is a leading vendor-neutral global freight booking platform that connects airlines, ocean carriers, freight forwarders, and over ten thousand importers and exporters, enhancing the efficiency and resilience of world trade [2] - The Freightos platform digitizes the trillion-dollar international freight industry, offering a suite of software solutions for pricing, quoting, booking, shipment management, and payments [3] Group 2: Product Offerings - Freightos provides various products tailored for different market segments, including Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, and WebCargo for freight forwarders and airlines [3] - The company also offers Clearit, a digital customs broker, as part of its comprehensive service suite [3] Group 3: Industry Data and Indexes - Freightos is a prominent provider of real-time industry data through Freightos Terminal, which features leading spot pricing indexes such as the Freightos Air Index (FAX) for air cargo and the Freightos Baltic Index (FBX) for container shipping [4] - Futures of the FBX are traded on major exchanges including CME and SGX, indicating the platform's significant role in the freight industry [4]

Core Insights - Freightos Limited has appointed Pablo Pinillos as the new Chief Executive Officer and member of the Board of Directors, effective March 16, 2026, succeeding founder Zvi Schreiber [1][1][1] - The Board of Directors expressed confidence in Pinillos' leadership capabilities, citing his deep understanding of the business and experience in high-growth technology environments [1][1][1] - Pinillos aims to achieve financial break-even by Q4 2026 while focusing on expanding the company's solutions business and enhancing customer engagement [1][1][1] Company Overview - Freightos is a leading vendor-neutral digital pricing, booking, and procurement platform for the international freight industry, connecting airlines, ocean carriers, freight forwarders, and importers/exporters [1][1][1] - The platform digitizes the trillion-dollar international freight industry, offering a suite of software solutions for pricing, quoting, booking, shipment management, and payments [1][1][1] - Freightos provides real-time industry data through Freightos Terminal, which includes leading spot pricing indexes like the Freightos Air Index (FAX) and the Freightos Baltic Index (FBX) [1][1][1] Leadership Background - Pablo Pinillos has over 20 years of global leadership experience in finance, strategy, and operations, previously serving as CFO at Coincover and Bitrise [1][1][1] - His tenure at Qlik included senior leadership roles that contributed to the company's IPO and subsequent acquisition by a private equity firm [1][1][1]

Core Insights - Freightos Limited reported a 24% increase in full-year revenue for 2025, reaching $29.5 million, and a 12% increase in fourth-quarter revenue, totaling $7.4 million [1][4] - The company aims to achieve breakeven by the end of 2026, supported by a year-end cash position of $28 million [1][4] - Despite foreign exchange challenges impacting Adjusted EBITDA, the company maintained a consistent burn rate and exceeded guidance every quarter since going public [1][4] Financial Highlights Fourth Quarter 2025 - Adjusted EBITDA was negative $2.7 million, an improvement from negative $3.1 million in Q4 2024 [1][4] - IFRS loss narrowed to $3.8 million from $9.8 million in Q4 2024, which included a one-time goodwill impairment [1][4] - IFRS Gross Margin was 64.1%, down from 67.6% in Q4 2024, while Non-IFRS Gross Margin was 72.7%, down from 74.3% [1][4] - Revenue of $7.4 million represented a 12% increase compared to $6.6 million in Q4 2024 [1][4] Full Year 2025 - Cash and cash equivalents at year-end were $27.9 million [1][4] - Adjusted EBITDA for the year was negative $11.2 million, an improvement from negative $12.6 million in 2024 [1][4] - IFRS loss for the year was $17.5 million, compared to a loss of $22.5 million in 2024 [1][4] - IFRS Gross Margin improved to 66.8% from 65.2% in 2024, while Non-IFRS Gross Margin increased to 73.7% from 72.4% [1][4] - Total revenue for 2025 was $29.5 million, up 24% from $23.8 million in 2024 [1][4] Business Performance - The fourth quarter revenue growth was driven by the WebCargo platform and customs clearance services, with total platform revenue reaching $2.5 million, up 13% year-over-year [1][4] - Gross Booking Value (GBV) for Q4 2025 was $357 million, reflecting a 27% year-over-year growth, while full-year GBV reached $1.29 billion, up 44% [1][4] - Unique buyer users increased to 20.7k in Q4 2025, and the number of active carriers selling on the platform grew to 77 from 67 in Q4 2024 [1][4] - Freightos achieved a record 445k transactions in Q4 2025, marking a 27% increase year-over-year, with approximately 1.6 million transactions for the full year, up 26% from 2024 [1][4] Financial Outlook - Management expects Q1 2026 transactions to range between 446k and 451k, with year-over-year growth of 20% to 22% [1][4] - For FY 2026, projected transactions are between 1.937 million and 1.975 million, with year-over-year growth of 18% to 20% [1][4] - Revenue for Q1 2026 is anticipated to be between $7.4 million and $7.5 million, with a year-over-year growth of 7% to 9% [1][4]

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]

Core Insights - Freightos Limited (NASDAQ: CRGO) reported preliminary key performance indicators for Q4 2025, showing strong execution and engagement in its digital freight booking platform [1][4] - The company is set to release its full earnings report on February 23, 2026, with a conference call scheduled for the same day [5][6] Performance Metrics - Q4 2025 transactions reached 445,000, reflecting a 27% year-over-year growth, slightly exceeding management's expectations [2][4] - For the full year 2025, total transactions were 1,643,000, with a growth rate of 26% [2] - Gross Booking Value (GBV) for Q4 2025 was $357 million, marking a 27% increase year-over-year, while the full-year GBV reached $1.29 billion, up 44% [2][4] Platform and Network Expansion - Freightos achieved its 24th consecutive quarter of record transactions, driven by the WebCargo platform and the carrier portal [3][4] - The active carrier network maintained a record level of 77 carriers in Q4 2025, with new additions like Euroairlines and Jambojet being integrated [4] - Unique buyer users increased to approximately 20,700, indicating stable engagement from freight buyers [4] Strategic Focus - The company continues to expand its coverage with regional and specialist carriers while preparing for broader participation from ocean carriers [5] - Management emphasizes disciplined execution against its growth roadmap as the platform scales [5]

Core Insights - Freightos has appointed Udo Lange as Non-Executive Chairman and Rotem Hershko as a Director, effective July 28, 2025, to enhance its digital freight vision [1][3] Leadership Appointments - Udo Lange brings over 30 years of logistics leadership experience, including roles at FedEx and advising the White House Supply Chain Disruption Task Force [2][3] - Rotem Hershko has a strong background in technology and logistics, having held leadership positions at Amazon and Maersk, and currently serves as a Senior Advisor at McKinsey & Company [3][4] Strategic Direction - The new leadership aims to advance Freightos' mission of end-to-end global freight digitization, enhancing connections among shippers, forwarders, and carriers [3][4] - The company has made significant strides, reporting an annualized run rate of over 1.5 million platform transactions after 22 consecutive quarters of growth [4] Product Offerings - Freightos provides a suite of software solutions for the international freight industry, including Freightos Enterprise for multinational importers and exporters, and various products for freight forwarders and airlines [6] - The platform aims to digitize the trillion-dollar international freight industry, making global trade more efficient and accessible [6] Market Position - Freightos is recognized as a leading vendor-neutral global freight booking platform, connecting airlines, ocean carriers, freight forwarders, and over ten thousand importers and exporters [5][6] - The company also offers real-time industry data through Freightos Terminal, which includes leading spot pricing indexes for air cargo and container shipping [7]

Core Viewpoint - Freightos Limited reported strong preliminary key performance indicators for Q2 2025, highlighting its essential role in the international freight industry amid ongoing trade challenges [1][4]. Financial Performance - The company recorded 397,000 transactions in Q2 2025, exceeding management's expectations of 380,000 to 385,000, representing a year-over-year growth of 26% [2][7]. - Gross Booking Value (GBV) reached $317 million in Q2 2025, a significant increase of 56% year-over-year, surpassing management's expectations of $278 million to $285 million [2][7]. Platform Expansion and Network Growth - Freightos achieved its 22nd consecutive quarter of record transactions, reinforcing its position as a key player in facilitating international trade during volatile times [3]. - The network expanded to include 75 carriers, adding notable airlines such as China Airlines and Air Europa, which enhances service diversity [7]. Customer Engagement - Unique buyer users grew by 6% year-over-year to 20,200, indicating broad appeal and customer diversification for the platform [7]. Upcoming Events - The company plans to report its full financial results for Q2 2025 on August 18, 2025, with a conference call scheduled for the same day at 8:30 a.m. EDT [4][5].

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 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].