Freightos (NASDAQ:CRGO) Announces Quarterly Earnings Results

Freightos (NASDAQ:CRGO) released its quarterly earnings results on Monday. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.11), Zacks reports. Freightos had a negative return on equity of 20.80% and a negative net margin of 71.11%. Freightos updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Freightos Price Performance

Shares of NASDAQ:CRGO opened at $3.77 on Tuesday. The company has a market cap of $186.09 million, a P/E ratio of -11.09 and a beta of -0.18. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.01. Freightos has a 52 week low of $1.27 and a 52 week high of $4.42. The business has a fifty day simple moving average of $3.47 and a 200-day simple moving average of $2.29.

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.