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Freight Technologies ( (FRGT) ) just unveiled an announcement.
On May 20, 2025, Freight Technologies announced its first-quarter results for 2025, highlighting significant improvements in gross margins and cash flow, despite a challenging macroeconomic environment. The company launched Fleet Rocket, a new Transportation Management System, and introduced advanced features to its platforms, including an AI-powered Tendering Bot. Collaborations with the University of Monterrey and the Fetch Foundation were initiated to further AI development. Financially, the company reported a 7% increase in gross margin and a reduced net loss compared to the previous year. However, due to anticipated economic impacts from higher tariffs on US-Mexico trade, Fr8Tech adjusted its revenue and margin outlook for 2025.
Spark’s Take on FRGT Stock
According to Spark, TipRanks’ AI Analyst, FRGT is a Underperform.
Freight Technologies faces significant financial challenges, with declining revenues, high leverage, and negative cash flows posing substantial risks. Despite efforts to diversify through digital asset investments, the company’s overall risk remains high, with limited technical and valuation support, warranting cautious consideration.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Freight Technologies, Inc. (Fr8Tech) is a technology company specializing in AI and machine learning-driven solutions to optimize and automate supply chain processes. The company’s offerings include platforms like Fr8App for cross-border shipping in the USMCA region, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients in Mexico, Waavely for ocean freight booking, and Fleet Rocket, a Transportation Management System. Headquartered in Houston, Texas, Fr8Tech aims to enhance logistics efficiency through innovative technologies.
Average Trading Volume: 6,170,305
Technical Sentiment Signal: Sell
Current Market Cap: $9.24M
See more insights into FRGT stock on TipRanks’ Stock Analysis page.
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