What is Freight Tech's earnings per share (EPS)?

Freight Tech (FRGT) reported diluted earnings per share of $-13.95 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Freight Tech Financials

FRGT

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows Freight Tech (FRGT) financial statements, including the 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).

Rhea AI FRGT FY2024 2026-05-14

Freight Technologies is operating as a cash-burn intermediary, with fresh financing repeatedly covering losses from a shrinking revenue base.

Financing inflows of $4.2M almost matched operating cash burn of -$4.2M, which means the company was effectively replacing cash consumed by the core business with new capital rather than building liquidity internally. Because capital spending was negligible, that burn reflects ongoing operations more than expansion investment.

Even after SG&A was cut to $2.0M, the operating margin stayed at a steep -47.3%, so lower overhead did not fix the underlying scale problem. That pattern fits a business where revenue contraction removes contribution faster than costs can be taken out.

The balance sheet moved back to negative equity and the current ratio slipped to 0.8x, so short-term obligations now exceed near-term resources. With only $204K of cash at year-end and receivables making up most liquid assets, day-to-day flexibility depends heavily on collections and continued financing access.

Financial Health Signals

Financial Health Score 33/100

Scored as: Emerging companies peer group

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.

Cash Runway

Dilution

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Distress

-6.20

Freight Tech scores -6.20, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.1M) 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.

Piotroski F-Score Partial

3/7

Freight Tech passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.57x

For every $1 of reported earnings, Freight Tech generates $0.57 in operating cash flow (-$4.5M OCF vs -$7.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-7.7x

Freight Tech earns $-7.7 in operating income for every $1 of interest expense (-$5.9M vs $762K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$13.1M

YoY-4.9%

5Y CAGR+632.8%

10Y CAGR+5.3%

Freight Tech generated $13.1M in revenue in fiscal year 2025. This represents a decrease of 4.9% from the prior year.

EBITDA

-$5.4M

YoY+10.2%

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.

Net Income

-$7.9M

YoY-41.1%

Freight Tech reported -$7.9M in net income in fiscal year 2025. This represents a decrease of 41.1% from the prior year.

EPS (Diluted)

$-13.95

Freight Tech earned $-13.95 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$4.5M

YoY-7.6%

Freight Tech generated -$4.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 7.6% from the prior year.

Cash & Debt

$347K

YoY+69.9%

5Y CAGR-36.2%

10Y CAGR-2.7%

Freight Tech held $347K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

Freight Tech had 2M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

N/A

Operating Margin

-45.1%

YoY+2.2pp

5Y CAGR+668763.6pp

10Y CAGR-119.9pp

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.

Net Margin

-60.5%

YoY-19.7pp

5Y CAGR+1468443.2pp

10Y CAGR-132.6pp

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.

Return on Equity

-148.3%

10Y CAGR-168.2pp

Freight Tech's ROE was -148.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$6K

YoY-36.5%

5Y CAGR-43.8%

10Y CAGR-17.6%

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.

FRGT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$13.1M-4.9%	$13.7M-19.5%	$17.1M-34.1%	$25.9M+20.6%	$21.5M+3474681.7%	$618
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	$618
R&D Expenses	N/A	N/A	N/A	N/A	$0	$0
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
Operating Income	-$5.9M+9.2%	-$6.5M+21.4%	-$8.3M-17.0%	-$7.1M-46.8%	-$4.8M-16.3%	-$4.1M
Interest Expense	$762K+13.1%	$674K-16.6%	$808K-10.9%	$907K-20.2%	$1.1M	N/A
Income Tax	$52K-22.4%	$67K-35.7%	$105K+16.0%	$91K+124.8%	$40K	N/A
Net Income	-$7.9M-41.1%	-$5.6M+40.0%	-$9.3M-13.9%	-$8.2M+0.2%	-$8.2M+9.6%	-$9.1M
EPS (Diluted)	$-13.95	$-122.72	$-3897.87-18496.7%	$-20.96+80.1%	$-105.35	N/A

Metric	Q4'25	Q2'25	Q1'25	Q4'24	Q2'24	Q1'24	Q4'23	Q4'22
Revenue	N/A	$3.0M-27.1%	$4.1M	N/A	$3.8M-10.5%	$4.3M	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$663K+11.1%	$597K	N/A	$940K+28.5%	$732K	N/A	N/A
Operating Income	N/A	-$1.5M-0.5%	-$1.5M	N/A	-$1.7M+18.2%	-$2.1M	N/A	N/A
Interest Expense	N/A	$208K+54.4%	$135K	N/A	$232K+34.2%	$173K	N/A	N/A
Income Tax	N/A	$19K+524.6%	$3K	N/A	$40K	N/A	N/A	N/A
Net Income	N/A	$649K+140.5%	-$1.6M	N/A	-$2.0M+13.4%	-$2.3M	N/A	N/A
EPS (Diluted)	N/A	$0.02+102.7%	$-0.73	N/A	$-24.66-129.2%	$-10.76	N/A	N/A

FRGT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$12.6M+121.2%	$5.7M-43.3%	$10.0M-3.6%	$10.4M+12.1%	$9.3M+159.2%	$3.6M
Current Assets	$6.3M+25.4%	$5.0M-44.8%	$9.2M-3.2%	$9.5M+11.0%	$8.5M+145.5%	$3.5M
Cash & Equivalents	$347K+69.9%	$204K-86.9%	$1.6M+54.0%	$1.0M-67.9%	$3.2M-3.7%	$3.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2.4M-31.7%	$3.5M-34.1%	$5.4M+7.6%	$5.0M+72.2%	$2.9M	N/A
Goodwill	$4.5M	N/A	N/A	N/A	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
Current Liabilities	$6.3M-0.7%	$6.3M-11.5%	$7.2M-1.6%	$7.3M-60.1%	$18.3M+901.2%	$1.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	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
Retained Earnings	-$52.8M-17.6%	-$44.9M-14.2%	-$39.3M-31.1%	-$30.0M-37.6%	-$21.8M+36.9%	-$34.5M

Metric	Q4'25	Q2'25	Q1'25	Q4'24	Q2'24	Q1'24	Q4'23	Q4'22
Total Assets	$12.6M-26.2%	$17.1M+27.1%	$13.4M+135.8%	$5.7M	N/A	N/A	$10.0M-3.6%	$10.4M
Current Assets	$6.3M-21.8%	$8.1M+6.4%	$7.6M+50.7%	$5.0M	N/A	N/A	$9.2M-3.2%	$9.5M
Cash & Equivalents	$347K-40.9%	$587K+40.9%	$416K+104.1%	$204K-55.7%	$461K+20.3%	$383K-75.5%	$1.6M+54.0%	$1.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2.4M-57.0%	$5.6M+46.0%	$3.8M+8.8%	$3.5M	N/A	N/A	$5.4M+7.6%	$5.0M
Goodwill	$4.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$7.3M-12.2%	$8.3M+14.0%	$7.3M+14.4%	$6.3M	N/A	N/A	$7.4M+1.7%	$7.3M
Current Liabilities	$6.3M-23.9%	$8.3M+14.0%	$7.3M+14.4%	$6.3M	N/A	N/A	$7.2M-1.6%	$7.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.3M-39.4%	$8.8M+42.6%	$6.2M+1040.7%	-$655K-1923.6%	-$32K-104.2%	$775K-70.5%	$2.6M-16.1%	$3.1M
Retained Earnings	-$52.8M-15.1%	-$45.9M+1.4%	-$46.5M-3.6%	-$44.9M	N/A	N/A	-$39.3M-31.1%	-$30.0M

FRGT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
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
Capital Expenditures	$6K-36.5%	$10K-72.4%	$35K+105.3%	$17K+35.0%	$13K-88.4%	$108K
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
Investing Cash Flow	-$302K+12.6%	-$346K+4.9%	-$363K+4.5%	-$381K+19.1%	-$470K-335.2%	-$108K
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
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q1'25	Q4'24	Q2'24	Q1'24	Q4'23	Q4'22
Operating Cash Flow	N/A	-$1.9M+37.3%	-$3.1M	N/A	-$1.6M+51.1%	-$3.3M	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	$1-99.9%	$2K	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$1.6M+51.1%	-$3.3M	N/A	N/A
Investing Cash Flow	N/A	-$911K-1139.9%	-$73K	N/A	-$86K+3.0%	-$88K	N/A	N/A
Financing Cash Flow	N/A	$3.0M-12.7%	$3.4M	N/A	$1.8M-17.4%	$2.1M	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FRGT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	100.0%
Operating Margin	-45.1%+2.2pp	-47.3%+1.2pp	-48.4%-21.1pp	-27.3%-4.9pp	-22.4%+668786.4pp	-668808.7%
Net Margin	-60.5%-19.7pp	-40.8%+13.9pp	-54.7%-23.0pp	-31.6%+6.6pp	-38.2%+1468465.5pp	-1468503.7%
Return on Equity	-148.3%	N/A	-355.1%-93.6pp	-261.4%	N/A	N/A
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%
Current Ratio	1.00+0.2	0.80-0.5	1.28-0.0	1.30+0.8	0.47-1.4	1.90
Debt-to-Equity	1.36+11.1	-9.69-12.5	2.82+0.5	2.33+4.4	-2.04+2.1	-4.12
FCF Margin	-34.7%-4.0pp	-30.7%+3.4pp	-34.2%-1.4pp	-32.8%-5.1pp	-27.7%+635370.4pp	-635398.1%

Metric	Q4'25	Q2'25	Q1'25	Q4'24	Q2'24	Q1'24	Q4'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-49.2%-13.5pp	-35.7%	N/A	-44.4%+4.2pp	-48.6%	N/A	N/A
Net Margin	N/A	21.7%+60.8pp	-39.1%	N/A	-50.9%+1.7pp	-52.6%	N/A	N/A
Return on Equity	N/A	7.4%+33.4pp	-26.0%	N/A	N/A	-291.3%	N/A	N/A
Return on Assets	N/A	3.8%+15.8pp	-11.9%	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.00+0.0	0.98-0.1	1.05+0.3	0.80	N/A	N/A	1.28-0.0	1.30
Debt-to-Equity	1.36+0.4	0.94-0.2	1.18+10.9	-9.69	N/A	N/A	2.82+0.5	2.33
FCF Margin	N/A	N/A	N/A	N/A	-41.5%+34.6pp	-76.1%	N/A	N/A

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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) generated -$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) generated -$4.5M in operating cash flow during fiscal year 2025, representing cash generated from 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.

How many shares does Freight Tech have outstanding?

Freight Tech (FRGT) had 2M shares outstanding as of fiscal year 2025.

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.

What is Freight Tech's cash runway?

Based on fiscal year 2025 data, Freight Tech (FRGT) had $347K in cash against an annual operating cash burn of $4.5M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Freight Tech's Altman Z-Score?

Freight Tech (FRGT) has an Altman Z-Score of -6.20, 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 3 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) has an earnings quality ratio of 0.57x, considered low quality (accrual-driven). 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) has an interest coverage ratio of -7.7x, meaning it can struggle to cover its interest obligations. 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.