Freight Technologies (FRGT) AI Stock Analysis

• Market Cap: $2.21M
• Dividend Yield: N/A
• Average Volume (3M): 2.86M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.25
• Revenue Growth: -19.53%
• EPS Growth: 97.76%
• Country: US
• Employees: 82
• Sector: Technology
• Sector Strength: 46
• Industry: Software - Application
• EPS (TTM): -0.64
• Shares Outstanding: 2,265,074
• 10 Day Avg. Volume: 326,042
• 30 Day Avg. Volume: 2,860,724
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.11
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Freight Technologies' stock score reflects significant financial risks, including declining revenue, negative profitability, and high leverage. While technical indicators and valuation metrics also show bearish trends, recent corporate events suggest potential for operational improvement. However, these positive developments are not sufficient to outweigh the company's substantial financial difficulties, resulting in a low overall score.

Freight Technologies Business Overview & Revenue Model

Company Description

Freight Technologies (FRGT) is a technology-driven company operating in the logistics and supply chain sectors. It specializes in providing innovative solutions that streamline freight transportation processes across North America. The company's core services include digital freight matching, real-time tracking, and analytics, aimed at enhancing efficiency and transparency for shippers, carriers, and brokers in the freight industry.

How the Company Makes Money

Freight Technologies generates revenue primarily through its digital freight platform, which connects shippers with carriers to facilitate the transportation of goods. The company charges transaction fees for each successful match made on its platform. Additional revenue streams include subscription fees for premium services, such as advanced analytics and enhanced visibility features, and possibly partnerships with logistics companies or third-party service providers. Significant factors contributing to its earnings include its ability to leverage technology to optimize freight matching and its strategic partnerships within the logistics ecosystem.

Freight Technologies Financial Statement Overview

Summary

Freight Technologies is experiencing significant financial challenges, with declining revenues, negative profit margins, and a precarious balance sheet. Continuous cash flow deficits and high leverage further highlight the need for strategic financial restructuring.

Income Statement

Freight Technologies has experienced consistent revenue decline over recent years, with a significant drop from $25.89 million in 2022 to $13.72 million in 2024. The company reported negative gross profit margins in 2023 and 2022, indicating challenges in cost management and sales efficiency. Moreover, the net profit margin remains negative, reflecting continued operational losses.

Balance Sheet

The company's balance sheet reveals significant financial instability, with negative stockholders' equity in 2024, indicating that liabilities exceed assets, a critical risk factor. The debt-to-equity ratio is high, reflecting a leveraged position that could strain financial flexibility. Despite a reduction in total assets over time, debts remain high, suggesting an unsustainable financial structure.

Cash Flow

Freight Technologies shows a negative trend in cash flow, with operating cash flow consistently in the red, indicating poor cash generation from core activities. The free cash flow is also negative, suggesting insufficient funds to cover capital expenditures without relying on external financing. The financing cash flow indicates heavy reliance on debt, which may be unsustainable long-term.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
13.73M	17.06M	25.89M	21.47M	9.21M
	Gross Profit
1.34M	-5.02M	2.26M	1.92M	794.37K
	EBIT
-6.49M	-8.26M	-7.06M	-4.81M	-4.71M
	EBITDA
-5.78M	-8.01M	-6.95M	-4.79M	-4.70M
	Net Income Common Stockholders
-5.60M	-9.33M	-8.19M	-8.20M	-5.85M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
204.03K	1.56M	1.01M	3.15M	2.77M
	Total Assets
5.69M	10.68M	10.42M	9.29M	6.60M
	Total Debt
3.34M	3.06M	3.35M	10.04M	5.20M
	Net Debt
3.14M	1.50M	2.33M	6.88M	2.44M
	Total Liabilities
6.35M	8.05M	7.28M	18.26M	7.75M
	Stockholders Equity
-654.76K	2.63M	3.13M	-8.97M	-1.15M
Cash Flow		Free Cash Flow
-4.22M	-6.15M	-8.85M	-6.40M	-3.64M
	Operating Cash Flow
-4.21M	-5.79M	-8.47M	-5.93M	-3.41M
	Investing Cash Flow
-345.72K	-363.37K	-380.58K	-470.40K	-227.65K
	Financing Cash Flow
4.24M	6.80M	6.57M	6.83M	6.09M

Freight Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FRGT, the sentiment is Neutral. The current price of 0.98 is above the 20-day moving average (MA) of 0.97, below the 50-day MA of 1.19, and below the 200-day MA of 2.48, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 46.97 is Neutral, neither overbought nor oversold. The STOCH value of 28.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FRGT.

Freight Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	59 Neutral	$9.97B	10.09	-6.54%	3.08%	7.41%	-11.60%
SURG	52 Neutral	$54.91M	―	-209.93%	―	-55.61%	-259.24%
ALIT	52 Neutral	$2.64B	―	-3.15%	1.65%	-31.61%	51.16%
FRGT	38 Underperform	$2.21M	―	-568.01%	―	-19.53%	97.76%
BNZI	31 Underperform	$15.46M	―	67.54%	―	106.67%	16.74%

Freight Technologies Corporate Events

Freight Technologies Launches Fleet Rocket in February 2025

Freight Technologies announced its 2024 results, highlighting a transformative year with improvements in gross margins and cash flow from operations. The company launched Waavely, an ocean freight booking platform, in July 2024 and introduced Fleet Rocket, a Transportation Management System, in February 2025. Fr8Tech also saw a 42% revenue growth in its Fr8Fleet service and received positive customer feedback. Financially, the company improved its gross margin to 9.8% and reduced its net loss by $3.7 million compared to 2023. These advancements position Fr8Tech as a comprehensive digital freight-logistics technology company, focusing on expanding its innovative solutions and navigating the macroeconomic trade environment.

Spark’s Take on FRGT Stock

According to Spark, TipRanks’ AI Analyst, FRGT is a Underperform.

Freight Technologies is currently facing substantial financial and operational challenges, reflected in its low financial performance score. The weak technical indicators further emphasize the bearish outlook, while valuation metrics highlight ongoing unprofitability. The absence of earnings call and corporate events data limits additional insights. The overall score reflects significant risks with limited upside potential, warranting cautious consideration for investors.

To see Spark’s full report on FRGT stock, click here.

Freight Technologies Acquires FET Tokens for AI Expansion

On March 31, 2025, Freight Technologies, Inc. entered into a Securities Purchase Agreement with Fetch Compute, Inc. to acquire $5.2 million worth of FET Tokens in exchange for 2,311,248 Series A4 preferred shares. This acquisition allows Fr8Tech to participate in Fetch.ai’s decentralized AI ecosystem, enhancing its competitive advantage in the logistics industry. The agreement also includes plans for a development partnership to advance blockchain and AI technologies in logistics, aiming to provide real-time visibility and supply chain transparency. This move diversifies Fr8Tech’s assets and strengthens its balance sheet, aligning with its commitment to logistics innovation.

Freight Technologies Enhances Board with New Directors

On February 14, 2025, Freight Technologies announced the resignation of directors Paul Freudenthaler and William Samuels, with Freudenthaler continuing as Company Secretary. The company appointed Leilei Nie and Andres Gonzalez as new directors, bringing extensive experience in financial services and real estate investment management. These appointments align with Fr8Tech’s strategic focus on growth and innovation in logistics management, enhancing its board with diverse expertise as it continues to address challenges in the supply chain industry.

Freight Technologies Completes $3 Million Private Placement

On February 3, 2025, Freight Technologies, Inc. completed a $3 million private placement of Series A4 preferred shares, raising approximately $2.9 million after fees. This financing is intended to support working capital, strategic growth initiatives, and enhance balance sheet flexibility. The preferred shares are convertible into ordinary shares, and the company is required to file a resale registration statement with the SEC by March 30, 2025. The successful capital raise reflects investor confidence and positions the company to advance its operational and strategic goals.