Freightos reports Q1 non IFRS EPS (5c) vs. (6c) last year

Reports Q1 revenue $6.95M vs. $5.36M last year. “Freightos (CRGO) delivered another strong quarter of growth as we continue to lead the digital transformation of global freight,” said Zvi Schreiber, CEO of Freightos. “The launch of our comprehensive Freightos Enterprise Suite marks a significant milestone in unifying shipping procurement, booking, and execution processes for large importers and exporters, leveraging our own software combined with software that we acquired in the Shipsta acquisition. While recent tariff announcements have created uncertainty in global trade, our vendor-neutral digital platform has become even more valuable in the volatile environment, helping our customers navigate complexity through digitalization, which enhances visibility and agility. The largest segment of our Platform, airline eBookings, has minimal exposure to China-US trade flows. With the vast majority of international freight still booked offline, we see an immense opportunity for our digital solutions regardless of short-term fluctuations related to changes in trade policy.”