Freightos Ltd. (CRGO)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Freightos Targets Q4 2026 EBITDA Breakeven as Revenue Hits Record $7.7M
Freightos NASDAQ: CRGO reported record second-quarter revenue of $7.7 million and narrowed its adjusted EBITDA loss to $2 million, as the digital freight platform reiterated its goal of reaching adjusted EBITDA breakeven during the fourth quarter of 2026.
Freightos Limited (CRGO) Q2 2026 Earnings Call Transcript
Freightos Limited (CRGO) Q2 2026 Earnings Call Transcript
Freightos Q2 Earnings Call Highlights
Freightos NASDAQ: CRGO reported second-quarter 2026 revenue of $7.7 million, up 3% from a year earlier and above the company's expectations, as growth in platform revenue offset a decline in solutions revenue. The company also said its adjusted EBITDA loss narrowed to $2 million, its lowest reported loss under that measure, while it continued to target an adjusted EBITDA breakeven run rate by the end of 2026.
Freightos Ltd. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Rekah Franca Catalyst Funds Management Pty Ltd. | 14,668 | $24,055.52 | $16,721.52 | -$7,334 | -30.49% |
 Jae Cho Marex Group plc | 453,750 | $744,150 | $612,562.5 | -$131,587.5 | -17.68% |
| WM William Mueller Mink Brook Asset Management LLC | 289,198 | $802,127.89 | $365,835.47 | -$436,292.42 | -54.39% |
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Freightos Ltd. Profile
| Air Freight & Logistics Industry | Industrials Sector | Pablo Pinillos CEO | NASDAQ (CM) Exchange | G51405101 CUSIP |
| ES Country | 382 Employees | - Last Dividend | 7 Jun 2012 Last Split | 11 Nov 2021 IPO Date |
Overview
Freightos Limited is a pioneering firm in the logistics and freight industry, fundamentally transforming how international freight is booked and processed. With its headquarters located in Jerusalem, Israel, Freightos operates under a vendor-neutral principle, offering a booking and payment platform that accommodates multiple stakeholders in the freight transportation sector. By facilitating the digitalization of freight services, Freightos aims to streamline the complex processes involved in international shipping, offering solutions that bridge the gap between carriers, forwarders, service providers, and importers/exporters efficiently.
Products and Services
- WebCargo
A sophisticated platform designed to strengthen the connectivity between carriers and forwarders, enhancing the efficiency and transparency of their operations. Through WebCargo, Freightos leverages digital technology to facilitate smoother transactions and more streamlined logistics processes.
- Freightos.com
This platform serves as a marketplace for service providers and importers/exporters, allowing them to connect, interact, and transact. It simplifies the search and booking process for international freight services, making it easier for businesses to find the shipping solutions that meet their needs.
- Software-as-a-Service (SaaS) Solutions
- WebCargo Air offers airline rates and eBooking capabilities, streamlining the booking process for air freight and providing users with up-to-date rate information.
- WebCargo AcceleRate serves as a multi-modal rate repository, offering comprehensive rate management solutions for various modes of transport.
- Data Services provide critical insights and analytics, helping clients make informed decisions based on accurate freight data.
- WebCargo Airline Control Panel enables airlines to manage bookings, optimize pricing, and leverage real-time booking analytics for better control over their freight operations.
- Digital Customs Brokerage Services
Freightos extends its digital offering to customs brokerage, ensuring that clients' freight complies with international trade regulations and customs requirements, thus enabling smoother cross-border transactions.
