Freightos: SaaS Weakness Puts My Buy Rating Under Pressure
Freightos NASDAQ: CRGO reported a softer-than-expected first quarter as disruptions in Middle East trade corridors weighed on transaction activity, even as the company said it continued to expand its carrier network and build its solutions pipeline.
Consensus estimates for 2026 are conservative; with ⅔ of revenue from solutions, Freightos has strong visibility and potential for beat-and-raise quarters. With the business model shift to solutions from a platform, revenue becomes more predictable and less dependent on transaction volume potentially affected by macro trends. CRGO's profitability focus will allow for adjusted EBITDA breakeven by Q4 2026 after a significant workforce reduction, aiming for full-year 2027 profitability.
Freightos Limited (CRGO) Q4 2025 Earnings Call Transcript
Freightos is a digital freight platform leader, but near-term risk/reward is concerning due to possible aggressive 2026 revenue estimates and recent CEO departure. The 2026 consensus revenue growth target of 23.5% suggests a revenue acceleration story on organic revenue growth, as 2025 benefitted from the acquisition of Shipsta. There is a strong catalyst for achieving profitability by Q4 2026, but that's a year away.
Freightos is upgraded from hold to speculative buy as it nears positive EBITDA and demonstrates strong SaaS and data revenue growth. CRGO's revenue mix is resilient, with two-thirds from SaaS and data subscriptions, less sensitive to freight rate fluctuations than platform revenues. Despite 32% decline in GBV per transaction, transaction and user growth drove 27% booked value growth, exceeding Q4 expectations.
Freightos Limited (CRGO) Shareholder/Analyst Call Prepared Remarks Transcript
Digital innovation has long been viewed as a panacea for complexity. Across global logistics, that panacea, in the form of digital booking and payments solutions, is increasingly under pressure to deliver.
Freightos Limited ( CRGO ) Q3 2025 Earnings Call November 17, 2025 8:30 AM EST Company Participants Anat Earon-Heilborn Zvi Schreiber - CEO & Director Pablo Pinillos - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer & Co. Inc., Research Division George Sutton - Craig-Hallum Capital Group LLC, Research Division Presentation Anat Earon-Heilborn Hello, and welcome to Freightos' Q3 2025 Earnings Conference Call. A press release with detailed financial results was released earlier today and is available on the Investor Relations website -- section of our website, freightos.com/investors.
Freightos Limited (CRGO) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.06 per share a year ago.
Freightos Limited (CRGO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Freightos Limited (NASDAQ:CRGO ) Q2 2025 Earnings Conference Call August 18, 2025 8:30 AM ET Company Participants Anat Earon-Heilborn - Corporate Participant Pablo Pinillos - Chief Financial Officer Udo Lange - Former President Zvi Schreiber - CEO & Director Conference Call Participants George Frederick Sutton - Craig-Hallum Capital Group LLC, Research Division Anat Earon-Heilborn Hello, and welcome to Freightos Q2 2025 Earnings Conference Call. A press release with detailed financial results was released earlier today and is available on the Investor Relations section of our website, freightos.com/investors.