Freightos (NASDAQ:CRGO) Releases Earnings Results

Freightos (NASDAQ:CRGO) issued its quarterly earnings data on Monday. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates 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 Trading Down 7.1 %

Shares of CRGO opened at $3.77 on Tuesday. The stock’s 50-day moving average is $3.47 and its two-hundred day moving average is $2.29. The stock has a market cap of $186.09 million, a PE ratio of -11.09 and a beta of -0.18. Freightos has a 12 month low of $1.27 and a 12 month high of $4.42. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.90 and a quick ratio of 2.90.

About Freightos

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.