| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/6/2023 | $5.00 | Outperform | Oppenheimer |
First Quarter Revenue Increase of 30% Year-Over-Year, Exceeding Management ExpectationsCompany Maintains Full-Year Outlook BARCELONA, Spain, May 20, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported its financial results for the quarter ended March 31, 2025. "Freightos delivered another strong quarter of growth as we continue to lead the digital transformation of global freight," said Zvi Schreiber, CEO of Freightos. "The launch of our comprehensive Freigh
BARCELONA, Spain, May 6, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading, vendor-neutral booking and payment platform for the international freight industry, will report its Q1 2025 financial results before market open on Tuesday, May 20, 2025. Freightos' management will host a webcast and conference call to discuss the results that day at 8:30 a.m. EST. Information about Freightos' financial results, including a link to the live webcast, will be available on Freightos' investor relations website at https://www.freightos.com/investor-news/. To participate in the call, please register at the following link: https://freightos.zoom.us/webinar/register/WN_1itS_YpnSZKp9f9S47LO-
Freightos' Strong Momentum Underscores Digital Transformation Resilience Amid Tariff Uncertainties BARCELONA, Spain, April 15, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for the first quarter of 2025, demonstrating continued growth across the digital freight network. Actuals* Management's Expectations Q1 2025 Q1 2025 # Transactions ('000) 370.9 362.0 - 370.0 Year over-Year Growth 25 % 22% - 25% GBV ($m) 276.1 272.0 - 280.0 Year over-Year Growth 43 % 41% - 45% *Numbers are preliminary and subject to change with the full earnings
Fourth Quarter Revenue Increase of 25% year-on-year, Highest Growth Rate Since Going Public, Full Year Revenue Increase of 17%20th Consecutive Quarter of Record Transactions, Strengthening Digital Freight LeadershipBARCELONA, Spain, Feb. 24, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter and year ended December 31, 2024. "Freightos continues to lead the digital transformation of global freight, delivering in the fourth quarter our highest revenue growth rate since going public, our strongest carrier expansion ever, and record gross p
The Company Plans To Report Earnings on February 24, 2025 BARCELONA, Jan. 16, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for Q4 2024 and FY 2024, showcasing continued growth in platform usage and network expansion, with the 20th consecutive quarter of record Transactions and the highest number of new Carriers ever added in a single quarter. Actuals* Management's Expectations Actuals* Management's Expectations Q4 2024 Q4 2024 FY 2024 FY 2024 # Transactions ('000) 350.4 338.5 - 348.5 1,301.5 1,289.5 - 1,300.0 Year over-Year Growth 22 %
Full-year revenue guidance now at the higher end of the previous range, Adjusted EBITDA guidance up BARCELONA, Spain, Nov. 25, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended September 30, 2024. The consistent growth trend continued, with record Transactions, record revenue, and the highest revenue growth rate and highest adjusted EBITDA since going public. "Our strong third-quarter results highlight the transformative impact our platform is making in freight digitalization," said Zvi Schreiber, CEO of Freightos. "We saw impress
The Company Plans To Report Earnings on November 25, 2024 BARCELONA, Spain, Oct. 16, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for Q3 2024, showcasing strong growth in platform usage and network expansion, with the 19th consecutive quarter of record Transactions. Actuals* Management's Expectations Q3 2024 Q3 2024 # Transactions ('000) 339.1 323.5 - 332.5 Year over-Year Growth 26 % 20% - 24% GBV ($m) 217.5 198.0 - 203.5 Year over-Year Growth 35 % 23% - 27% *Numbers are preliminary and subject to change with the full earnings re
New records for transactions, GBV, revenue and Adjusted EBITDA, all exceeding management expectationsAcquisition of Shipsta expands company's platform for importers/exporters while accelerating revenue growth and supporting reaching breakeven with cash on handBARCELONA, Spain, Aug. 19, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended June 30, 2024, which report followed the announcement of the acquisition of Shipsta. "Our robust second quarter performance underscores the growing strength and adoption of our platform in the inte
Strategic acquisition broadens Freightos' digital freight-booking vision by pairing Freightos' spot offering with Shipsta's best-of-breed tender management platform. Deal accelerates revenue growth and reaching breakeven with cash on hand. BARCELONA, Spain, Aug. 19, 2024 /PRNewswire/ -- Freightos (NASDAQ:CRGO) today announced the acquisition of Shipsta, a leading freight-tender procurement platform used by dozens of Global 1000 enterprises to procure freight at scale from leading freight forwarders and carriers. This transaction expands Freightos' existing industry-leading spot pricing, quoting, and booking capabilities by adding tender procurement, thereby advancing Freightos' vision of com
The Company Plans To Report Earnings on August 19, 2024 BARCELONA, Spain, July 15, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary second quarter 2024 Key Performance Indicators. Actuals* Management's Expectations Q2 2024 Q2 2024 # Transactions ('000) 316.5 303.0 - 309.0 Year over-Year Growth 32 % 27% - 29% GBV ($m) 203.4 178.0 - 182.0 Year over-Year Growth 31 % 15% - 18% *Numbers are preliminary and subject to change with the full earnings release In Q2 2024, Freightos continued to progress toward its long-term growth objectives. The company facilitated 316.5 tho
BARCELONA, Spain, Feb. 4, 2025 /PRNewswire/ -- February 4, 2025 - Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today announced the appointment of Pablo Pinillos as Chief Financial Officer, effective March 1, 2025. Pablo Pinillos brings over 20 years of global leadership experience spanning finance, strategy, and operations, with a proven track record of scaling high-growth tech companies through strategic decision-making, financial discipline, and operational efficiency. Most recently, as CFO of Coincover, he oversaw financial operations and implemented strategic initiatives to drive growth and operati
BARCELONA, Spain, Jan. 27, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading global freight booking and payment platform, today announced the addition of Canada's WestJet Cargo to its WebCargo and 7LFreight platforms. This collaboration enables freight forwarders to access WestJet Cargo's air freight network and see real-time rates, place eBookings, and pay online. WestJet Cargo expands WebCargo's network on key tradelanes from Canada's Calgary (YYC) to major international hubs, including Tokyo Narita (NRT), London Heathrow (LHR), and Paris Charles de Gaulle (CDG). Freight forwarders gain digital access via WebCargo and 7LFreight to WestJet Cargo's reliable services for transp
Oppenheimer initiated coverage of Freightos Limited with a rating of Outperform and set a new price target of $5.00
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First Quarter Revenue Increase of 30% Year-Over-Year, Exceeding Management ExpectationsCompany Maintains Full-Year Outlook BARCELONA, Spain, May 20, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported its financial results for the quarter ended March 31, 2025. "Freightos delivered another strong quarter of growth as we continue to lead the digital transformation of global freight," said Zvi Schreiber, CEO of Freightos. "The launch of our comprehensive Freigh
BARCELONA, Spain, May 6, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading, vendor-neutral booking and payment platform for the international freight industry, will report its Q1 2025 financial results before market open on Tuesday, May 20, 2025. Freightos' management will host a webcast and conference call to discuss the results that day at 8:30 a.m. EST. Information about Freightos' financial results, including a link to the live webcast, will be available on Freightos' investor relations website at https://www.freightos.com/investor-news/. To participate in the call, please register at the following link: https://freightos.zoom.us/webinar/register/WN_1itS_YpnSZKp9f9S47LO-
BARCELONA, Spain, April 23, 2025 /PRNewswire/ -- Freightos (NASDAQ:CRGO), the world's leading digital freight booking and payment platform, today launched Freightos Enterprise, an integrated logistics procurement suite for large importers and exporters that unifies the increasingly digitalized but persistently fragmented world of global freight procurement, rate benchmarking, and shipment execution. Freightos' comprehensive procurement platform bridges annual, quarterly and spot procurement of air, ocean and ground freight, while offering the critical market intelligence required to navigate ongoing industry volatility.
Freightos' Strong Momentum Underscores Digital Transformation Resilience Amid Tariff Uncertainties BARCELONA, Spain, April 15, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for the first quarter of 2025, demonstrating continued growth across the digital freight network. Actuals* Management's Expectations Q1 2025 Q1 2025 # Transactions ('000) 370.9 362.0 - 370.0 Year over-Year Growth 25 % 22% - 25% GBV ($m) 276.1 272.0 - 280.0 Year over-Year Growth 43 % 41% - 45% *Numbers are preliminary and subject to change with the full earnings
BARCELONA, Spain, April 2, 2025 /PRNewswire/ -- Freightos (NASDAQ:CRGO), the world's leading vendor-neutral digital freight booking and payment platform, today announced that Air Europa, a leading Spanish airline, has joined WebCargo by Freightos' cargo booking platform. With the addition of Air Europa, WebCargo strengthens its offering across key Spain-Latin America trade lanes, providing freight forwarders instant access to Air Europa's extensive network of 15 domestic destinations within Spain and 40 international routes across Europe, North America, and Latin America. Initial digital booking capabilities will focus on the Spanish export routes–connecting Madrid with Barcelona, Bilbao,
BARCELONA, Spain, March 28, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO) ("Freightos" or the "Company"), the leading vendor-neutral digital booking and payment platform for the international freight industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Freightos' audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor relations website at https://www.freightos.com/financials/#sec. The Company will provide a hard copy of its annual report on Form 20-F,
Fourth Quarter Revenue Increase of 25% year-on-year, Highest Growth Rate Since Going Public, Full Year Revenue Increase of 17%20th Consecutive Quarter of Record Transactions, Strengthening Digital Freight LeadershipBARCELONA, Spain, Feb. 24, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter and year ended December 31, 2024. "Freightos continues to lead the digital transformation of global freight, delivering in the fourth quarter our highest revenue growth rate since going public, our strongest carrier expansion ever, and record gross p
BARCELONA, Spain, Feb. 18, 2025 /PRNewswire/ -- Freightos (NASDAQ:CRGO), the world's leading digital freight booking and payment platform, today announced the launch of the Freightos Index Linking Toolkit in its Freightos Terminal market intelligence solution. This innovative toolkit enables dynamic contract pricing that automatically adjusts to market fluctuations, providing a seamless and resilient approach to freight rate management. Index-linking transforms how importers, exporters, freight forwarders and carriers manage stable, reliable and persistent freight contracts while saving time and avoiding excess charges. Already common in industries like bulk shipping, index-linking is rapid
BARCELONA, Spain, Feb. 4, 2025 /PRNewswire/ -- February 4, 2025 - Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today announced the appointment of Pablo Pinillos as Chief Financial Officer, effective March 1, 2025. Pablo Pinillos brings over 20 years of global leadership experience spanning finance, strategy, and operations, with a proven track record of scaling high-growth tech companies through strategic decision-making, financial discipline, and operational efficiency. Most recently, as CFO of Coincover, he oversaw financial operations and implemented strategic initiatives to drive growth and operati
BARCELONA, Spain, Feb. 3, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading global freight booking and payment platform, today announced the addition of CMA CGM AIR CARGO, a division of CMA CGM Group, a global player in sea, land, air, and logistics solutions, to its WebCargo and 7LFreight cargo booking platforms. Through Freightos's platforms, forwarders can now access CMA CGM AIR CARGO's global air freight network, see real-time rates and eBook cargo on key tradelanes connecting the United States, France, Italy, Spain, and Asia. This partnership highlights the growing importance of flexibility and scalability in today's post-COVID supply chain environment, where businesses f