Freight Tech Financials
Freight Tech (FRGT) reported $13.1M in revenue for fiscal year 2025, down 4.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Persistent operating losses and financing inflows define a business whose balance-sheet expansion has not yet translated into cash liquidity.
Total assets more than doubled to$12.6M in FY2025 from$5.7M in FY2024, but cash was only$347K while goodwill reached$4.5M . This makes the balance-sheet expansion look less like operating liquidity and more like an asset reconfiguration that does not directly fund ongoing losses.
Cash conversion remains structurally weak: FY2025 operating cash flow was
Revenue fell to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Freight Tech's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Freight Tech, and counted as zero in the overall score.
Freight Tech scores -6.31, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($864K) relative to total liabilities ($7.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Freight Tech passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Freight Tech reported a net loss of $7.9M while operations used $4.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Freight Tech reported an operating loss of $5.9M against $762K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Freight Tech generated $13.1M in revenue in fiscal year 2025. This represents a decrease of 4.9% from the prior year.
Freight Tech's EBITDA was -$5.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.2% from the prior year.
Freight Tech reported -$7.9M in net income in fiscal year 2025. This represents a decrease of 41.1% from the prior year.
Cash & Balance Sheet
Freight Tech recorded an outflow of $4.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 7.6% from the prior year.
Freight Tech held $347K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Freight Tech's operating margin was -45.1% in fiscal year 2025, reflecting core business profitability. This is up 2.2 percentage points from the prior year.
Freight Tech's net profit margin was -60.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 19.7 percentage points from the prior year.
Freight Tech's ROE was -148.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Not reported for fiscal year 2025.
Capital Allocation
Freight Tech invested $6K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 36.5% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
FRGT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.1M-4.9% | $13.7M-19.5% | $17.1M-34.1% | $25.9M+20.6% | $21.5M+3474681.7% | $618-100.0% | $1.4M-90.5% | $14.4M-42.7% | $25.1M+58.7% | $15.8M+103.3% | $7.8M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $123-100.0% | $655K-10.2% | $730K+92.0% | $380K+61.6% | $235K |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | $618-100.0% | $1.4M-90.1% | $13.7M-43.6% | $24.4M+57.9% | $15.4M+104.6% | $7.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | $0 | $0 | $0-100.0% | $3.5M+3689.8% | $93K | N/A | N/A |
| SG&A Expenses | $2.4M+23.3% | $2.0M-37.3% | $3.2M-11.1% | $3.6M+36.0% | $2.6M-36.5% | $4.1M+117.8% | $1.9M-83.8% | $11.7M+268.0% | $3.2M+135.0% | $1.3M-14.3% | $1.6M |
| Operating Income | -$5.9M+9.2% | -$6.5M+21.4% | -$8.3M-17.0% | -$7.1M-46.8% | -$4.8M-16.3% | -$4.1M-558.5% | -$628K+68.7% | -$2.0M-109.7% | $20.6M+52.1% | $13.5M+132.7% | $5.8M |
| Interest Expense | $762K+13.1% | $674K-16.6% | $808K-10.9% | $907K-20.2% | $1.1M | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $52K-22.4% | $67K-35.7% | $105K+16.0% | $91K+124.8% | $40K | N/A | $7K+100.4% | -$1.7M-368.8% | $633K-74.2% | $2.5M+31.1% | $1.9M |
| Net Income | -$7.9M-41.1% | -$5.6M+40.0% | -$9.3M-13.9% | -$8.2M+0.2% | -$8.2M+9.6% | -$9.1M | N/A | -$3.8M-115.9% | $24.0M+73.1% | $13.9M+147.5% | $5.6M |
| EPS (Diluted) | -$13.95 | -$122.72 | -$3897.87 | -$20.96 | -$105.35 | N/A | N/A | N/A | N/A | N/A | N/A |
FRGT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.6M+121.2% | $5.7M-43.3% | $10.0M-3.6% | $10.4M+12.1% | $9.3M+159.2% | $3.6M-35.7% | $5.6M-91.7% | $66.8M-15.6% | $79.2M+165.3% | $29.9M | N/A |
| Current Assets | $6.3M+25.4% | $5.0M-44.8% | $9.2M-3.2% | $9.5M+11.0% | $8.5M+145.5% | $3.5M-37.6% | $5.6M-91.4% | $64.8M-14.7% | $76.0M+156.6% | $29.6M | N/A |
| Cash & Equivalents | $347K+69.9% | $204K-86.9% | $1.6M+54.0% | $1.0M-67.9% | $3.2M-3.7% | $3.3M+24034.2% | $14K-99.1% | $1.6M-94.2% | $27.2M+1344.6% | $1.9M+313.1% | $455K |
| Accounts Receivable | $2.4M-31.7% | $3.5M-34.1% | $5.4M+7.6% | $5.0M+72.2% | $2.9M | N/A | $7K-100.0% | $18.8M+199.5% | $6.3M-22.2% | $8.1M | N/A |
| Goodwill | $4.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $752K | N/A | N/A |
| Total Liabilities | $7.3M+14.5% | $6.3M-14.4% | $7.4M+1.7% | $7.3M-60.1% | $18.3M+286.1% | $4.7M+55.1% | $3.0M+55.2% | $2.0M-75.7% | $8.1M+81.2% | $4.5M | N/A |
| Current Liabilities | $6.3M-0.7% | $6.3M-11.5% | $7.2M-1.6% | $7.3M-60.1% | $18.3M+901.2% | $1.8M-12.7% | $2.1M+6.4% | $2.0M-75.1% | $7.9M+76.4% | $4.5M | N/A |
| Total Equity | $5.3M+913.5% | -$655K-124.9% | $2.6M-16.1% | $3.1M+134.9% | -$9.0M-682.2% | -$1.1M-145.5% | $2.5M-96.1% | $64.9M-8.8% | $71.1M+180.1% | $25.4M-10.4% | $28.3M |
| Retained Earnings | -$52.8M-17.6% | -$44.9M-14.2% | -$39.3M-31.1% | -$30.0M-37.6% | -$21.8M+36.9% | -$34.5M-36.1% | -$25.4M+30.8% | -$36.7M-188.2% | $41.6M+135.1% | $17.7M | N/A |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
FRGT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.5M-7.7% | -$4.2M+27.4% | -$5.8M+31.6% | -$8.5M-42.8% | -$5.9M-55.3% | -$3.8M-256.4% | -$1.1M+93.8% | -$17.3M-162.6% | $27.6M+90.8% | $14.5M+2321.5% | $598K |
| Capital Expenditures | $6K-36.5% | $10K-72.4% | $35K+105.3% | $17K+35.0% | $13K-88.4% | $108K | N/A | $176K-8.2% | $192K | N/A | $42K |
| Free Cash Flow | -$4.5M-7.6% | -$4.2M+27.6% | -$5.8M+31.4% | -$8.5M-42.8% | -$5.9M-51.3% | -$3.9M | N/A | -$17.4M-163.6% | $27.4M | N/A | $555K |
| Investing Cash Flow | -$302K+12.6% | -$346K+4.9% | -$363K+4.5% | -$381K+19.1% | -$470K-335.2% | -$108K+46.0% | -$200K+97.4% | -$7.7M+65.4% | -$22.3M-995.3% | $2.5M+110.3% | -$24.1M |
| Financing Cash Flow | $4.8M+13.4% | $4.2M-37.6% | $6.8M+3.5% | $6.6M-3.8% | $6.8M+59.7% | $4.3M+13811.1% | -$31K+75.7% | -$128K-100.7% | $19.6M+224.7% | -$15.7M-164.4% | $24.4M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $15.4M | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
FRGT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | 100.0%0.0pp | 100.0%+4.5pp | 95.5%-1.6pp | 97.1%-0.5pp | 97.6%+0.6pp | 97.0% |
| Operating Margin | -45.1%+2.2pp | -47.3%+1.2pp | -48.4%-21.1pp | -27.3%-4.9pp | -22.4% | -668808.7% | -45.9%-32.0pp | -13.9%-96.0pp | 82.0%-3.6pp | 85.6%+10.8pp | 74.8% |
| Net Margin | -60.5%-19.7pp | -40.8%+13.9pp | -54.7%-23.0pp | -31.6%+6.6pp | -38.2% | -1468503.7% | N/A | -26.5%-122.3pp | 95.8%+8.0pp | 87.8%+15.7pp | 72.1% |
| Return on Equity | -148.3% | N/A | -355.1%-93.6pp | -261.4% | N/A | N/A | N/A | -5.9%-39.7pp | 33.8%-20.9pp | 54.7%+34.9pp | 19.8% |
| Return on Assets | -62.8%+35.7pp | -98.4%-5.5pp | -92.9%-14.3pp | -78.6%+9.7pp | -88.3%+165.0pp | -253.3% | N/A | -5.7%-36.1pp | 30.4%-16.2pp | 46.5% | N/A |
| Current Ratio | 1.00+0.2x | 0.80-0.5x | 1.280.0x | 1.30+0.8x | 0.47-1.4x | 1.90-0.8x | 2.66-30.3x | 32.99+23.3x | 9.65+3.0x | 6.63 | N/A |
| Debt-to-Equity | 1.36 | N/A | 2.82+0.5x | 2.33 | N/A | N/A | 1.21+1.2x | 0.03-0.1x | 0.11-0.1x | 0.18 | N/A |
| FCF Margin | -34.7%-4.0pp | -30.7%+3.4pp | -34.2%-1.4pp | -32.8%-5.1pp | -27.7% | -635398.1% | N/A | -121.1% | 109.1% | N/A | 7.1% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
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Where Freight Tech Ranks
Frequently Asked Questions
What is Freight Tech's annual revenue?
Freight Tech (FRGT) reported $13.1M in total revenue for fiscal year 2025. This represents a -4.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Freight Tech's revenue growing?
Freight Tech (FRGT) revenue declined by 4.9% year-over-year, from $13.7M to $13.1M in fiscal year 2025.
Is Freight Tech profitable?
No, Freight Tech (FRGT) reported a net income of -$7.9M in fiscal year 2025, with a net profit margin of -60.5%.
What is Freight Tech's EBITDA?
Freight Tech (FRGT) had EBITDA of -$5.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Freight Tech's operating margin?
Freight Tech (FRGT) had an operating margin of -45.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Freight Tech's net profit margin?
Freight Tech (FRGT) had a net profit margin of -60.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Freight Tech's return on equity (ROE)?
Freight Tech (FRGT) has a return on equity of -148.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Freight Tech's free cash flow?
Freight Tech (FRGT) recorded an outflow of $4.5M in free cash flow during fiscal year 2025. This represents a -7.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Freight Tech's operating cash flow?
Freight Tech (FRGT) recorded an outflow of $4.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Freight Tech's total assets?
Freight Tech (FRGT) had $12.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Freight Tech's capital expenditures?
Freight Tech (FRGT) invested $6K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Freight Tech's current ratio?
Freight Tech (FRGT) had a current ratio of 1.00 as of fiscal year 2025, which is considered adequate.
What is Freight Tech's debt-to-equity ratio?
Freight Tech (FRGT) had a debt-to-equity ratio of 1.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Freight Tech's return on assets (ROA)?
Freight Tech (FRGT) had a return on assets of -62.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Freight Tech's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Freight Tech (FRGT) held $347K in cash, cash equivalents and investments, and reported an operating cash outflow of $4.5M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Freight Tech's Altman Z-Score?
Freight Tech (FRGT) has an Altman Z-Score of -6.31, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Freight Tech's Piotroski F-Score?
Freight Tech (FRGT) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Freight Tech's earnings high quality?
Freight Tech (FRGT) reported a net loss of $7.9M while operations used $4.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Freight Tech cover its interest payments?
Freight Tech (FRGT) reported an operating loss of $5.9M against $762K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Freight Tech?
Freight Tech (FRGT) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.