Date | Price Target | Rating | Analyst |
---|---|---|---|
9/6/2023 | $5.00 | Outperform | Oppenheimer |
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
6-K - Freightos Ltd (0001927719) (Filer)
EFFECT - Freightos Ltd (0001927719) (Filer)
SC 13D/A - Freightos Ltd (0001927719) (Subject)
SC 13D - Freightos Ltd (0001927719) (Subject)
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
BARCELONA, Spain, Jan. 29, 2025 /PRNewswire/ -- Freightos (NASDAQ:CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced today that Norwegian Cargo, the cargo division of Norwegian Air UK, in collaboration with the independent Dutch GSA Euro Cargo Aviation (ECA), has joined the world's biggest air cargo booking platform, WebCargo by Freightos. This collaboration marks Norwegian Cargo's first digital booking platform integration, bringing real-time eBooking capabilities to freight forwarders and enhancing access to its extensive network which connects 40 European airports to Nordic countries, as well as intercontinental routes to ke
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
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 %
ZURICH and BARCELONA, Spain, Dec. 18, 2024 /PRNewswire/ -- Swiss WorldCargo, the air freight division of SWISS, Switzerland's leading air carrier, and Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral booking and payment platform for international freight, establish a collaboration with the shared intent to enhance their customers' digital booking experience. Various Swiss WorldCargo's products and services for selected markets in Europe, Asia and Americas are bookable on the air cargo booking platform WebCargo by Freightos. This collaboration connects WebCargo by Freightos' real-time rate comparisons and eBooking with Swiss WorldCargo's robust long-haul connectivity - spanning Asia
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
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 announced that Ran Shalev, Chief Financial Officer, has decided to conclude his tenure effective December 31, 2024, to pursue another role. The company is in the process of a search for a successor. In order to ensure continuity, Mr. Shalev has agreed following his departure to actively assist with ongoing operations and with handover throughout Q1. Mr. Shalev has served as Freightos' CFO since 2016, overseeing the company's financial operations during a transformative period that included its public list
Seamless Integration Gives Forwarders Real-Time Bookings and Dynamic Rates, All Within Their TMS BARCELONA, Spain, Nov. 21, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral booking and payment platform for international freight, today announced the official launch of its integration with e2open (NYSE:ETWO), a top provider of connected supply chain software. This integration, which follows a successful beta phase, embeds WebCargo by Freightos air cargo eBooking into e2open's Transportation Management System (TMS) application. In an industry where speed and accuracy are critical, this partnership offers forwarders instant access to dynamic air freight rates and b
Oppenheimer initiated coverage of Freightos Limited with a rating of Outperform and set a new price target of $5.00
The Company Plans To Report Earnings on February 24, 2025 BARCELONA, Jan. 16, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for Q4 2024 and FY 2024, showcasing continued growth in platform usage and network expansion, with the 20th consecutive quarter of record Transactions and the highest number of new Carriers ever added in a single quarter. Actuals* Management's Expectations Actuals* Management's Expectations Q4 2024 Q4 2024 FY 2024 FY 2024 # Transactions ('000) 350.4 338.5 - 348.5 1,301.5 1,289.5 - 1,300.0 Year over-Year Growth 22 %
Full-year revenue guidance now at the higher end of the previous range, Adjusted EBITDA guidance up BARCELONA, Spain, Nov. 25, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended September 30, 2024. The consistent growth trend continued, with record Transactions, record revenue, and the highest revenue growth rate and highest adjusted EBITDA since going public. "Our strong third-quarter results highlight the transformative impact our platform is making in freight digitalization," said Zvi Schreiber, CEO of Freightos. "We saw impress
The Company Plans To Report Earnings on November 25, 2024 BARCELONA, Spain, Oct. 16, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for Q3 2024, showcasing strong growth in platform usage and network expansion, with the 19th consecutive quarter of record Transactions. Actuals* Management's Expectations Q3 2024 Q3 2024 # Transactions ('000) 339.1 323.5 - 332.5 Year over-Year Growth 26 % 20% - 24% GBV ($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
Record Transactions, GBV, Revenue and Adjusted EBITDA, exceeding management expectationsCash and equivalents balance of $50 million ensures sufficient resources to capture the massive market opportunityJERUSALEM, May 20, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended March 31, 2024. "We are pleased with the strong first quarter of the year, which highlights the robustness and growing acceptance of our platform, and the strides we are making in digitalizing international freight, bringing efficiency and transparency to this crucia
The Company Plans To Report Earnings on May 20, 2024 JERUSALEM, April 15, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary first quarter 2024 Key Performance Indicators. Actuals* Management's Expectations Q1 2024 Q1 2024 # Transactions ('000) 295.6 280.5 - 288.0 Year over-Year Growth 29 % 22% - 26% GBV ($m) 192.4 168.0 - 172.5 Year over-Year Growth 14 % 0% - 2% *Numbers are preliminary and subject to change with the full earnings release In Q1 2024, Freightos continued to achieve operating milestones consistent with its long-term growth objectives. The platform fac
Full-year #Transactions growth of 53% showcases robust marketplace expansionYear-end cash balance of $52 million secures foundation for future growth and innovationExceeded or met expectations across all key performance indicators for the quarter and the yearJERUSALEM, Feb. 26, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter and year ended December 31, 2023. "As we reflect on our first year as a public company - a year marked by significant challenges for the freight industry - Freightos not only demonstrated remarkable resilience, but
JERUSALEM, Jan. 16, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ:CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary Q4 2023 Key Performance Indicators. Actuals* Management's Expectations Actuals* Management's Expectations Q4 2023 Q4 2023 FY 2023 FY 2023 # Transactions ('000) 286.9 273.0 - 287.0 1,024.7 1,010.5 - 1,021.5 Year over Year Growth 36 % 53 % GBV ($m) 187.5 163.5 - 175.0 671.7 647.5 - 659.0 Year over Year Growth 10 % 10 % *Numbers are preliminary and subject to change with the full earnings release The fourth quarter of 2023 was another quarter of strong performance by Freightos. With 286.9 thous
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