CRGOWNasdaqArrangement of Transportation of Freight & CargoUS GAAP · USD

Freightos Ltd

Freightos Ltd is a U.S.-listed digital freight booking and pricing company built around a vendor-neutral marketplace for international air, ocean, and customs-related freight services. It combines transactional booking tools, enterprise software, and freight market data through products such as Freightos Marketplace, Freightos Enterprise, WebCargo, 7LFreight, and Clearit across a global network of carriers, freight forwarders, importers, and exporters.

Revenue29.5m USD
+23.9 %y/y
Operating profit (EBIT)-17.1m USD
+21.2 %y/y
EBIT margin-58.1%
+33.2 ppy/y
Net income-17.5m USD
+22.1 %y/y
Free cash flow-9.0m USD
+25.9 %y/y

Fiscal year 2025 · change from previous year

Development 2022–2025

-80-60-40-2002040m USD2022: 19 m USD2022: EBIT -24 m USD20222023: 20 m USD2023: EBIT -65 m USD20232024: 24 m USD2024: EBIT -22 m USD20242025: 29 m USD2025: EBIT -17 m USD202529-17
RevenueOperating profit (EBIT)

Business

Share of revenue
Solutions65 %

Subscription SaaS, data services, and professional services sold to freight and shipping customers.

Platform35 %

Transactional booking and platform fees generated from freight bookings and related services.

Customers

Freightos sells to freight forwarders, airlines, ocean carriers, importers, exporters, and customs-related users that need digital tools to price, quote, book, and manage freight. Its platform is designed for both smaller shippers using marketplace-style access and larger enterprise customers that want integrated workflow and data tools.

Freight forwarders

Buy WebCargo, 7LFreight, and related workflow software to quote, book, and manage freight capacity.

Importers and exporters

Use Freightos Enterprise or Marketplace to source freight, compare rates, and execute bookings.

Carriers and capacity sellers

Airlines, ocean carriers, and consolidators use the platform to receive bookings and distribute capacity.

Customs brokerage customers

Use Clearit for digital customs filing and cross-border import support.

Data and market intelligence users

Use Freightos Terminal and freight indices for pricing benchmarks and market visibility.

Strategy

Freightos’ core strategy is to digitize freight procurement and booking by linking carriers, forwarders, and shippers in one neutral system. It also broadens the platform with software, customs brokerage, and freight market data so customers can use the product set across pricing, booking, and execution workflows.

Grow platform liquidity and network densityMedium term

More carriers, forwarders, and shippers improve pricing quality and booking utility.

Expand software and data attach ratesMedium term

Recurring subscriptions and data services complement transaction revenue and deepen customer relationships.

Automate freight workflows end to endLong term

Integrated quoting, booking, shipment management, and payments reduce friction for customers.

Geography

Freightos operates globally, with a platform that connects users across international trade lanes rather than relying on one domestic market. The company maintains subsidiaries in the United States, Spain, Palestine, China, and India, which support billing, development, distribution, and customer/technical support across regions.

Risks

Freightos depends on sustained international shipping volumes and efficient trade routes, so disruptions on major air corridors, the Red Sea, or the Strait of Hormuz can affect transaction activity and customer behavior. The company also faces execution risk from competition, technology change, carrier relationships, and the challenge of scaling a two-sided marketplace while maintaining trust and service quality.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →International shipping route disruption1Competition in digital freight platforms2Dependence on carrier and forwarder participation3Trade volume cyclicality4Technology obsolescence5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. International shipping route disruptionImpact: HighLikelihood: High

    Freight bookings depend on stable air and ocean corridors, which can be affected by geopolitical events and rerouting.

    ExposureMajor air corridorsRed SeaStrait of Hormuz
  2. Competition in digital freight platformsImpact: HighLikelihood: High

    Shippers and forwarders can switch to alternative marketplaces, booking tools, or direct carrier channels.

  3. Dependence on carrier and forwarder participationImpact: HighLikelihood: High

    Liquidity and pricing quality depend on having enough sellers and buyers active on the platform.

  4. Trade volume cyclicalityImpact: HighLikelihood: Medium

    Lower global trade activity reduces demand for freight procurement, booking, and data services.

  5. Technology obsolescenceImpact: MediumLikelihood: Medium

    The platform must keep pace with AI, automation, and freight digitization expectations.

Accounting

Judgemental items
Revenue recognition

Different models apply to subscriptions, professional services, and transaction fees, affecting timing and comparability.

Impact: Revenue mix can shift between recurring and usage-based streams

Deferred revenue

Customer prepayments for SaaS and services are recognized over time as obligations are satisfied.

Impact: Affects near-term revenue visibility

Fair value measurements

Warrants and hedge instruments are marked using valuation inputs rather than simple historical cost.

Impact: Can create earnings volatility

Segment reporting

Solutions, Platform, and unallocated corporate costs are reported separately and influence margin analysis.

Impact: Changes comparability across business lines

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Freightos Ltd (CRGOW) Revenue, Earnings & Financials 2025 – Clarifo