Freightos (NASDAQ:CRGO) Announces Earnings Results

Key Points

• Freightos reported a quarterly earnings per share (EPS) of ($0.09), matching the consensus estimate, with revenue of $7.44 million exceeding analyst expectations.
• The company's stock increased by 11.1% during trading, reaching $3.61, with a market cap of $179.53 million.
• Recent hedge fund activity includes Goldman Sachs purchasing a new stake, while Jane Street Group increased its stake by 183.8%.

Freightos (NASDAQ:CRGO - Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.09) earnings per share for the quarter, hitting the consensus estimate of ($0.09), Zacks reports. The company had revenue of $7.44 million for the quarter, compared to analyst estimates of $7.22 million. Freightos had a negative net margin of 78.58% and a negative return on equity of 39.01%. During the same period in the previous year, the business earned ($0.05) EPS. Freightos updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

Freightos Stock Performance

Shares of Freightos stock traded up $0.22 during trading on Friday, hitting $3.44. 94,120 shares of the stock were exchanged, compared to its average volume of 113,556. The stock has a market capitalization of $171.06 million, a price-to-earnings ratio of -7.82 and a beta of 0.10. The company has a fifty day moving average price of $2.70 and a 200-day moving average price of $2.59. Freightos has a 1-year low of $1.27 and a 1-year high of $4.42. The company has a current ratio of 2.15, a quick ratio of 2.35 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRGO. Topline Capital Management LLC acquired a new position in shares of Freightos during the 2nd quarter worth about $658,000. Goldman Sachs Group Inc. bought a new stake in shares of Freightos during the 1st quarter worth about $73,000. Finally, Jane Street Group LLC boosted its holdings in shares of Freightos by 183.8% during the 1st quarter. Jane Street Group LLC now owns 30,788 shares of the company's stock worth $74,000 after buying an additional 19,938 shares during the period. 22.72% of the stock is currently owned by institutional investors and hedge funds.

Freightos Company Profile

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics.