Freightos Limited

Freightos Limited reported $29.5 million in revenue for FY 2025, a 24% increase from $23.8 million in FY 2024. Gross profit rose to $19.7 million (66.8% margin), while operating loss narrowed to -$19.2 million from -$22.9 million. Net loss improved to -$17.5 million, down from -$22.5 million, reflecting a $3.0 million goodwill impairment reversal and reduced share listing expenses. Cash and cash equivalents stood at $13.3 million, with net cash used in operations of $8.9 million — an improvement of $3.2 million year-over-year. The company generated $11.6 million in net cash from investing activities, driven by $26.0 million in short-term bank deposit withdrawals. Despite ongoing losses, management expects to reach Adjusted EBITDA breakeven by end-2026. Key growth drivers include Solutions segment expansion (up 27% YoY) and Shipsta acquisition integration, while Platform revenue grew 18% YoY. Currency headwinds — NIS and EUR appreciation against USD — increased costs, pressuring margins.

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