FMP

FMP

Freightos Limited's Q3 Earnings Overview

  • Freightos Limited (NASDAQ:CRGO) reported a Q3 EPS of -$0.10, missing estimates and indicating a challenging financial period.
  • The company's revenue of $7.67 million slightly surpassed estimates, showcasing resilience and growth in digital freight booking adoption.
  • Despite financial challenges, Freightos maintains a strong liquidity position with a low debt-to-equity ratio of 0.04 and a current ratio of 2.15.

Freightos Limited, trading on the NASDAQ under the symbol CRGO, is a prominent digital booking and payment platform for the international freight industry. The company specializes in providing digital solutions that enhance transparency and agility in freight transactions. Freightos competes in the Zacks Financial Transaction Services industry, where it has been gaining traction with its multimodal strategy.

On November 17, 2025, Freightos reported its Q3 earnings before the market opened. The company posted an earnings per share (EPS) of -$0.10, which was below the estimated EPS of -$0.07. This result also fell short of the Zacks Consensus Estimate of a $0.08 loss, marking a 25% negative surprise. The EPS loss increased from the $0.06 per share loss reported a year ago, indicating a challenging financial period for the company.

Despite the EPS shortfall, Freightos reported revenue of $7.67 million, slightly surpassing the estimated $7.64 million. However, this was 0.36% below the Zacks Consensus Estimate. The revenue represents a 24% increase year-over-year, up from $6.18 million in the same quarter last year. This growth highlights the company's resilience and the growing adoption of its digital freight booking platform.

Freightos has achieved an annualized run rate of over 1.7 million transactions and a gross booking value (GBV) of $1.3 billion. CEO Zvi Schreiber emphasized the record revenue and transactions, attributing the growth to the industry's shift towards digital solutions amid volatile freight rates. The company's multimodal strategy is gaining traction, with major freight forwarders transitioning to global multimodal deployments.

Financially, CRGO faces challenges with a negative price-to-earnings (P/E) ratio of -7.73 and an earnings yield of -12.94%. However, the company maintains a low debt-to-equity ratio of 0.04 and a strong current ratio of 2.15, indicating a solid ability to cover short-term liabilities. Despite some enterprise customers slowing purchases, Freightos continues to explore larger market opportunities with its new multimodal ocean and air solution.