Freightos Limited ( (CRGO) ) has released its Q2 earnings. Here is a breakdown of the information Freightos Limited presented to its investors.
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Freightos Limited is a leading vendor-neutral digital booking and payment platform for the international freight industry, facilitating connections between airlines, ocean carriers, freight forwarders, and importers/exporters worldwide.
In its second-quarter 2025 earnings report, Freightos Limited reported a 31% year-over-year increase in revenue, exceeding management expectations. The company also updated its full-year outlook, reflecting increased transaction forecasts and tightened financial metrics ranges.
Key financial highlights include a revenue of $7.4 million for the quarter, an IFRS gross margin increase to 67.1%, and an adjusted EBITDA of negative $2.9 million. The company achieved a record 397,000 transactions, marking the 22nd consecutive quarter of record transactions. Additionally, the number of carriers on the platform rose to 75, and the gross booking value grew by 56% year-over-year to $317 million.
Freightos’ management remains optimistic about the future, with expectations of continued growth in transactions and revenue. Despite potential challenges from currency fluctuations, the company is confident in its ability to reach breakeven adjusted EBITDA by the end of 2026, supported by its strategic adaptability and commitment to financial discipline.