CRGO

MKT CAP:$107M

Freightos Limited Ordinary shares

Market Cap

$107M

Industrials·Integrated Freight & Logistics·🇭🇰 Hong Kong·NASDAQ

Industrials·Integrated·🇭🇰·NASDAQ

Stock Price

$2.02-$0.21 (-9.42%)

Apr 23, 2026

Company Details

Freightos Ltd., owns and operates an online freight marketplace. It connects importers and exporters, providing instant comparison, booking, and management of air, ocean, and land shipments from forwarders. Further, the company offers freig...

CEO

Anat Earon-Heilborn

IPO Date

Nov 17, 2021

Website

www.freightos.com

Key Metrics TTM

Revenue

$29M

+23.9% YoY

Net Income

-$18M

EPS (Diluted)

-$0.35

Free Cash Flow

-$10M

Revenue / Share

$0.58

Gross Margin

66.8%

Operating Margin

-65.0%

Net Margin

-59.5%

FCF Margin

-32.4%

P/S

3.6x

P/E

—

Earnings Reports

FY 2025

Mar 26, 2026

$29M+23.9%EPS -$0.35

Q4 2025

Mar 26, 2026

$7M+12.4%EPS -$0.07

Q3 2025

Sep 29, 2025

$8M+24.0%EPS -$0.10

Q2 2025

Sep 10, 2025

$7M+31.5%EPS -$0.09

Q1 2025

May 20, 2025

$7M+29.7%EPS -$0.09

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$4M	$3M	-$4M
Q2 22	$5M	$3M	-$5M
Q3 22	$5M	$3M	-$5M
Q4 22	$5M	$3M	-$9M
Q1 23	$5M	$3M	-$8M
Q2 23	$5M	$3M	-$6M
Q3 23	$5M	$3M	-$9M
Q4 23	$5M	$3M	-$5M
Q1 24	$5M	$3M	-$5M
Q2 24	$6M	$4M	-$5M
Q3 24	$6M	$4M	-$5M
Q4 24	$7M	$4M	-$80M
Q1 25	$7M	$5M	-$5M
Q2 25	$7M	$5M	-$5M
Q3 25	$8M	$5M	-$4M
Q4 25	$7M	$5M	-$6M

Valuation

Quarter	P/S	P/E
Q1 22	—	—
Q2 22	—	—
Q3 22	6.2x	—
Q4 22	5.6x	—
Q1 23	5.5x	—
Q2 23	5.5x	—
Q3 23	5.4x	—
Q4 23	5.3x	—
Q1 24	5.2x	—
Q2 24	5.0x	—
Q3 24	4.8x	—
Q4 24	4.5x	—
Q1 25	4.2x	—
Q2 25	3.9x	—
Q3 25	3.7x	—
Q4 25	3.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$3M	-$3M
Q2 22	-$4M	-$4M
Q3 22	-$3M	-$3M
Q4 22	-$5M	-$5M
Q1 23	-$12M	-$12M
Q2 23	-$6M	-$6M
Q3 23	-$5M	-$5M
Q4 23	-$3M	-$3M
Q1 24	-$935.0K	-$943.0K
Q2 24	-$3M	-$3M
Q3 24	-$3M	-$3M
Q4 24	-$5M	-$5M
Q1 25	$290.0K	$274.0K
Q2 25	-$3M	-$3M
Q3 25	-$4M	-$4M
Q4 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q1 22	$80.0K
Q2 22	$89.0K
Q3 22	$44.0K
Q4 22	$38.0K
Q1 23	$46.0K
Q2 23	$22.0K
Q3 23	$6.0K
Q4 23	$6.0K
Q1 24	$8.0K
Q2 24	$9.0K
Q3 24	$15.0K
Q4 24	$16.0K
Q1 25	$16.0K
Q2 25	$58.0K
Q3 25	$48.0K
Q4 25	$18.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+57.5%	+317.1%
Q1 23	+9.9%	+44.2%
Q2 23	-1.3%	+7.7%
Q3 23	+8.9%	+43.7%
Q4 23	+8.4%	-28.0%
Q1 24	+11.0%	-12.3%
Q2 24	+11.1%	-7.1%
Q3 24	+21.1%	-23.3%
Q4 24	+25.3%	+778.4%
Q1 25	+29.7%	+7.3%
Q2 25	+31.5%	+16.9%
Q3 25	+24.0%	+8.7%
Q4 25	+12.4%	-85.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$358.0K	8.2%
Q2 22	$374.0K	7.2%
Q3 22	$635.0K	13.5%
Q4 22	$3M	65.2%
Q1 23	$582.0K	12.1%
Q2 23	$546.0K	10.7%
Q3 23	$4M	69.7%
Q4 23	$48M	908.6%
Q1 24	$843.0K	15.7%
Q2 24	$751.0K	13.3%
Q3 24	$982.0K	15.9%
Q4 24	$1M	15.9%
Q1 25	$697.0K	10.0%
Q2 25	$811.0K	10.9%
Q3 25	$0	0.0%
Q4 25	$2M	26.4%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 22	$2M	$2M	$2M	—
Q2 22	$3M	$3M	$3M	—
Q3 22	$3M	$2M	$2M	—
Q4 22	$3M	$9M	—	—
Q1 23	$3M	$4M	$4M	—
Q2 23	$3M	$2M	$3M	—
Q3 23	$3M	$4M	$4M	—
Q4 23	$3M	$12M	—	—
Q1 24	$2M	$3M	$4M	—
Q2 24	$2M	$3M	$3M	—
Q3 24	$3M	$3M	$3M	—
Q4 24	$3M	$12M	—	—
Q1 25	$3M	$3M	$4M	—
Q2 25	$3M	$3M	$4M	—
Q3 25	$3M	—	—	$7M
Q4 25	$3M	$3M	$4M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$323.0K	$0	$323.0K
Q2 22	$12M	$0	$12M
Q3 22	$183.0K	$0	$183.0K
Q4 22	$6M	$200.0K	$7M
Q1 23	$47M	$20M	$67M
Q2 23	$9M	$52M	$61M
Q3 23	$5M	$50M	$55M
Q4 23	$20M	$32M	$52M
Q1 24	$17M	$38M	$54M
Q2 24	$21M	$26M	$47M
Q3 24	$15M	$27M	$41M
Q4 24	$10M	$27M	$37M
Q1 25	$36M	$0	$36M
Q2 25	$20M	$14M	$34M
Q3 25	$19M	$14M	$34M
Q4 25	$13M	$15M	$28M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	2M	-85.0%	—
Q2 22	2M	0.0%	—
Q3 22	2M	0.0%	—
Q4 22	8M	+274.0%	-43.8%
Q1 23	36M	+342.4%	+1554.6%
Q2 23	47M	+31.1%	+2068.3%
Q3 23	48M	+0.2%	+2073.4%
Q4 23	48M	+0.4%	+483.5%
Q1 24	48M	+0.4%	+32.4%
Q2 24	48M	+0.4%	+1.4%
Q3 24	49M	+1.4%	+2.6%
Q4 24	49M	+1.0%	+3.3%
Q1 25	50M	+1.1%	+4.0%
Q2 25	50M	+0.8%	+4.4%
Q3 25	51M	+1.2%	+4.2%
Q4 25	51M	+0.6%	+3.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	$97.0K	50
Q1 23	$96.5K	50
Q2 23	$101.9K	50
Q3 23	$102.1K	50
Q4 23	$105.2K	50
Q1 24	$107.1K	50
Q2 24	$113.2K	50
Q3 24	$123.7K	50
Q4 24	$131.7K	50
Q1 25	$138.9K	50
Q2 25	$148.8K	50
Q3 25	$153.4K	50
Q4 25	$148.1K	50

Revenue / Employee