Freightos Reports Fourth Quarter and Full Year 2025 Results
Rhea-AI Summary
Freightos (NASDAQ: CRGO) reported Q4 2025 revenue of $7.4M (+12% YoY) and full‑year 2025 revenue of $29.5M (+24% YoY). Cash and equivalents totaled $27.9M at year end, and management says the company is on track to breakeven by end-2026. Q4 transactions reached 445k and full‑year GBV was $1.29B (+44% YoY). Management issued FY2026 guidance: revenue $31.2–32.8M and Adjusted EBITDA (loss) $(6.9)–(6.2)M.
The quarter showed improving Adjusted EBITDA versus prior year but an IFRS loss of $3.8M in Q4 and $17.5M for 2025; foreign exchange pressured margins in H2.
Positive
- Full‑year revenue +24% to $29.5M
- Full‑year GBV +44% to $1.29B
- Q4 transactions 445k, +27% YoY (record quarter)
- Year‑end cash balance $27.9M enabling plans to reach breakeven
Negative
- IFRS loss of $17.5M for full year 2025
- Adjusted EBITDA negative $11.2M in 2025
- Q4 IFRS Gross Margin declined to 64.1% from 67.6% in Q4 2024
News Market Reaction – CRGO
On the day this news was published, CRGO declined 30.18%, reflecting a significant negative market reaction. Argus tracked a trough of -24.5% from its starting point during tracking. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $49M from the company's valuation, bringing the market cap to $114M at that time. Trading volume was exceptionally heavy at 5.5x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CRGO was up 1.83% with light volume, while peers showed mixed moves: BTOC appeared in momentum scanners up 10.13%, FLX was down 6.98%, and JYD down 2.92%. Other freight/logistics peers like PAL, SFWL, FLX, and BTOC in the broader list were generally positive, but the mixed scanner signals indicate this earnings release was more stock-specific than a clean sector rotation.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 17 | Q3 2025 earnings | Positive | -13.9% | Reported strong Q3 2025 revenue and margin gains with improving EBITDA loss. |
| Aug 18 | Q2 2025 earnings | Positive | +11.1% | Q2 2025 results with 31% revenue growth and record transactions and GBV. |
| May 20 | Q1 2025 earnings | Positive | +14.8% | Q1 2025 beat expectations with 30% revenue growth and record transactions. |
| Feb 24 | Q4/FY 2024 earnings | Positive | -7.1% | Q4 2024 and FY results showed strong growth but sizable IFRS losses. |
| Nov 25 | Q3 2024 earnings | Positive | -11.4% | Q3 2024 delivered 21% revenue growth and record GBV and transactions. |
Earnings releases have generally highlighted strong growth, but share reactions have skewed negative or mixed, with more divergences than alignments between positive fundamentals and next-day price moves.
Across the last five earnings releases from Nov 2024 through Nov 2025, Freightos consistently reported double‑digit revenue growth, expanding Gross Booking Value, and record transaction volumes. Despite this, three of those events saw negative next‑day price reactions, while only two moved higher. The current Q4/FY 2025 report continues the narrative of revenue and GBV growth with ongoing losses, fitting into a pattern where strong operating KPIs have not always translated into immediate share price strength.
Historical Comparison
Past earnings releases for CRGO produced an average move of -1.31%, showing that solid growth updates have often been met with cautious or mixed price responses.
Earnings from late 2024 through 2025 show a steady progression: Q3 2024 through Q3 2025 all delivered double‑digit revenue growth, record transactions, and expanding GBV. Management has repeatedly emphasized a path to breakeven by end of 2026, and this Q4/FY 2025 release continues that trajectory with higher annual revenue and improved but still negative EBITDA and IFRS loss.
Market Pulse Summary
The stock dropped -30.2% in the session following this news. A negative reaction despite solid top-line growth would fit prior patterns, where earnings moves averaged -1.31% and several strong reports saw declines. FY 2025 still showed an IFRS loss of $17.5M and Adjusted EBITDA of -$11.2M, which can weigh on sentiment. Trading below the 200-day MA of 2.81 and well under the 4.25 52-week high, past earnings selloffs suggest the market often focuses on ongoing losses and execution risk.
Key Terms
ifrs financial
non-ifrs financial
adjusted ebitda financial
gross booking value financial
AI-generated analysis. Not financial advice.
- Fourth Quarter Revenue Up
12% year-over-year, Full Year Revenue Up24% - Year-End Cash of
; On track to Breakeven by Year-End 2026$28M

"We delivered fourth quarter results in line with guidance. For full year 2025, revenue grew
"2026 is a transition year in which we are deliberately sequencing our growth," he continued. "We're focusing resources on our solution adoption - when our software is embedded in customers' daily workflows, platform bookings follow naturally and our network effects compound. Strengthening that solution base positions us for higher growth in 2027 and beyond. Our mission to digitalize global freight is unchanged, and we enter this phase well capitalized and focused on execution."
Fourth Quarter 2025 Financial Highlights
- Revenue of
for the fourth quarter of 2025, an increase of$7.4 million 12% compared to in the fourth quarter of 2024.$6.6 million - IFRS Gross Margin of
64.1% , compared to67.6% in the fourth quarter of 2024. Non-IFRS Gross Margin of72.7% , compared to74.3% in the fourth quarter of 2024. - IFRS loss of
, compared to a loss of$3.8 million for the fourth quarter of 2024 (which included a one-time, non-cash$9.8 million accounting impairment of goodwill related to an acquisition from 2022).$3.0 million - Adjusted EBITDA of negative
, compared to negative$2.7 million for the fourth quarter of 2024.$3.1 million
Full Year 2025 Financial Highlights
- Revenue of
for the full year 2025, an increase of$29.5 million 24% compared to in 2024.$23.8 million - IFRS Gross Margin of
66.8% in 2025, up from65.2% in 2024. Non-IFRS Gross Margin of73.7% , up from72.4% in 2024. - IFRS loss of
, compared to a loss of$17.5 million in 2025 (which included a one-time, non-cash$22.5 million impairment of goodwill related to an acquisition from 2022).$3.0 million - Adjusted EBITDA of negative
, compared to negative$11.2 million for 2024.$12.6 million - Cash and cash equivalents and a short term bank deposit balance at the end of December 2025 of
.$27.9 million
Recent Business Highlights
- Transactions Growth: Freightos achieved a record 445k transactions in the fourth quarter of 2025, up
27% year over year. For the full year of 2025, Freightos facilitated approximately 1.6 million transactions, up26% from 2024. The fourth quarter of 2025 was the 24th consecutive quarter of record Transactions. - Carrier Growth: The number of carriers actively selling on the platform in the fourth quarter of 2025 was 77, compared to 67 carriers in the fourth quarter of 2024. Recent additions to the network are in the process of integration and, combined with a healthy pipeline, the company anticipates continued growth in active supply.
- Unique Buyer Users: The number of Unique buyer users digitally booking freight services across the platform grew to 20.7k in the fourth quarter of 2025.
- Gross Booking Value Growth: The total value of transactions processed on the Freightos platform, or GBV, reached
for Q4 2025 and$357M for the full year 2025, reflecting year over year growth of$1.29B 27% and44% , respectively. WebCargo was the largest contributor to GBV growth, with the carrier portal contributing meaningfully as it continued to scale. As the carrier portal reached material scale in late 2024, year-over-year growth in Q4 reflects a higher comparison base relative to earlier quarters. 7LFreight also delivered strong percentage growth, albeit from a smaller base. - Revenue Growth: Fourth quarter revenue of
reflected continued strong growth from the WebCargo by Freightos platform and from customs clearance services, partially offset by slower growth in SaaS and data solutions. Total Platform revenue in the fourth quarter was$7.4 million , up$2.5 million 13% from the fourth quarter of 2024, and Solutions revenue was , up$4.9 million 12% year over year. Total Platform revenue in the full year was , up$9.9 million 18% from 2024, and Solutions revenue was , up$19.6 million 27% from 2024.
Financial Outlook | ||
Management Expectations | ||
Q1 2026 | FY 2026 | |
Transactions (k) | 446 - 451 | 1,937 - 1,975 |
Year over Year Growth | ||
GBV ($m) | 335 - 341 | 1,514 - 1,537 |
Year over Year Growth | ||
Revenue ($m) | 7.4 - 7.5 | 31.2 - 32.8 |
Year over Year Growth | ||
Adjusted EBITDA ($m) | (2.9) - (2.8) | (6.9) - (6.2) |
This outlook assumes freight price levels and market freight volumes as of February 2026 | ||
Further financial details are included as an appendix below.
Earnings Webcast
Freightos' management will host a webcast and conference call to discuss the results today, February 23, 2026 at 8:30 a.m. EST. To participate in the call, please register at the following link: https://freightos.zoom.us/webinar/register/WN_iuCRJ6czR-aLZ1GwSm7kTw
Following registration, you will be sent the link to the conference call which is accessible either via the Zoom app, or alternatively from a dial-in telephone number.
Questions may be submitted in advance to ir@freightos.com or via Zoom during the call.
A replay of the webcast, as well as the conference call transcript, will be available on Freightos' Investor Relations website following the call.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements, which include the financial outlook of Freightos, are based on various assumptions, whether or not identified in this press release, and on the current expectations of Freightos, and are not predictions of actual performance. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Freightos. These forward-looking statements are subject to a number of risks and uncertainties, including: disruptions and instability caused by Freightos' CEO transition, changes to its board of directors, and its other leadership changes; disruptions to the international freight industry, including those caused by global economic trends and policy changes, such as increased tariffs and protectionist trade policies being implemented by
Financial Information; Non-IFRS Financial Measures
While certain financial figures included in this press release have been computed in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board, this press release does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" nor a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements".
This press release includes certain financial measures not presented in accordance with IFRS, including, but not limited to, Adjusted EBITDA. These non-IFRS measures differ from the most directly comparable measures determined under IFRS. For the historical non-IFRS results included herein, we have provided tables at the end of this press release providing a reconciliation of those results to our results achieved under the most directly comparable IFRS measures. For the forward-looking, non-IFRS data included under "Financial Outlook", we have not included such a reconciliation, because the reconciliation of forward-looking data cannot be prepared without unreasonable effort. Our results and forecasts expressed as non-IFRS measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under IFRS. You should be aware that the presentation of these measures may not be comparable to similarly-titled measures used by other companies. Freightos believes that Adjusted EBITDA and other non-IFRS measures provide useful information to investors and others in understanding and evaluating Freightos' operating results because they provide supplemental measures of our core operating performance and offer consistency and comparability with both our own past financial performance and with corresponding financial information provided by peer companies. These non-IFRS measures are presented to permit investors and others to more fully understand how management assesses our performance for internal planning and forecasting purposes.
Certain monetary amounts, percentages and other figures included in this press release have been subject to rounding adjustments, and therefore may not sum due to rounding.
Glossary
We have provided below a glossary of certain terms used in this press release:
- Transactions: Number of bookings for freight services, and related services, placed by Buyers across the Freightos platform with third-party sellers and with Clearit. Sellers of Transactions include Carriers (that is, airlines, ocean liners and LCL consolidators) and also other providers of freight services such as trucking companies, freight forwarders, general sales agents, and air master loaders. The number of transactions booked on the Freightos platform in any given time period is net of transactions that were canceled prior to the end of the period. Transactions booked on white label portals hosted by Freightos are included if there is a transactional fee associated with them.
- Carriers: Number of unique air and ocean carriers, mostly airlines, that have been sellers of transactions. For airlines, we count booking carriers, which include separate airlines within the same carrier group. We do not count dozens of other airlines that operate individual segments of air cargo transactions, as we do not have a direct booking relationship with them. Carriers include ocean less-than-container load (LCL) consolidators. In addition, we only count carriers when more than five bookings were placed with them over the course of a quarter.
- Unique buyer users: Number of individual users placing bookings, typically counted based on unique email logins. The number of buyers, which counts unique customer businesses, does not reflect the fact that some buyers are large multinational organizations while others are small or midsize businesses. Therefore, we find it more useful to monitor the number of unique buyer users than the number of buyer businesses.
- GBV: Total value of transactions on the Freightos platform, which is the monetary value of freight and related services contracted between buyers and sellers on the Freightos platform, plus related fees charged to buyers and sellers, and pass-through payments such as duties. GBV is converted to
U.S. dollars at the time of each transaction on the Freightos platform. This metric may be similar to what others call gross merchandise value (GMV) or gross services volume (GSV). We believe that this metric reflects the scale of the Freightos platform and our opportunities to generate platform revenue. - Adjusted EBITDA: Loss before income taxes, finance income, finance expense, share-based compensation expense, depreciation and amortization, operating expense settled by issuance of shares, acquisition-related costs, impairment of goodwill, CEO transition-related expenses and change in fair value of warrants.
- Platform revenue: Fees charged to buyers and sellers in relation to transactions executed on the Freightos platform. For bookings conducted by importers/exporters, our fees are typically structured as a percentage of booking value, depending on the mode and nature of the service. When freight forwarders book with carriers, the sellers often pay a pre-negotiated flat fee per transaction. When sellers transact with a buyer who is a new customer to the seller, we may charge a percentage of the booking value as a fee.
- Solutions revenue: Primarily subscription-based SaaS and data. It is typically priced per user or per site, per time period, with larger customers such as multinational freight forwarders or enterprise shippers often negotiating fixed, all-inclusive subscriptions. Revenue from our Solutions segment includes certain non-recurring revenue from services ancillary to our SaaS products, such as engineering, customization, configuration and go-live fees, and data services for digitizing offline data.
About Freightos
Freightos® (Nasdaq: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade efficient, agile, and resilient.
The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for businesses of all shapes and sizes around the globe. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker.
Freightos is a leading provider of real-time industry data via Freightos Terminal, which includes the world's leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping. Futures of FBX are traded on CME and SGX.
More information is available at freightos.com/investors
Contacts
Media:
Tali Aronsky
press@freightos.com
Investors:
Anat Earon-Heilborn
ir@freightos.com
CONSOLIDATED BALANCE SHEETS | ||
(in thousands) | ||
December 31, 2025 | December 31, 2024 | |
(unaudited) | ||
Assets | ||
Current Assets: | ||
Cash and cash equivalents | ||
User funds | 2,884 | 4,494 |
Trade receivables, net | 3,773 | 3,057 |
Short-term bank deposit | 14,546 | 27,153 |
Other receivables and prepaid expenses | 1,559 | 1,281 |
36,109 | 46,103 | |
Non-current Assets: | ||
Property and equipment, net | 284 | 420 |
Right-of-use assets, net | 2,315 | 1,191 |
Intangible assets, net | 6,792 | 8,852 |
Goodwill | 14,809 | 15,040 |
Deferred taxes | 560 | 536 |
Other long-term assets | 1,827 | 1,637 |
26,587 | 27,676 | |
Total assets | ||
Liabilities and Equity | ||
Current liabilities: | ||
Current maturity of lease liabilities | $ 627 | $ 615 |
Trade payables | 5,103 | 2,731 |
User accounts | 2,884 | 4,494 |
Warrants liabilities | 2,223 | 2,450 |
Accrued expenses and other short-term liabilities | 5,917 | 7,023 |
16,754 | 17,313 | |
Long Term Liabilities: | ||
Lease liabilities | 1,745 | 339 |
Employee benefit liabilities, net | 1,275 | 1,239 |
3,020 | 1,578 | |
Equity: | ||
Share capital | 1 | *) |
Share premium | 266,583 | 261,769 |
Foreign currency translation reserve | 288 | (307) |
Reserve from remeasurement of defined benefit plans | 236 | 96 |
Accumulated deficit | (224,186) | (206,670) |
Total equity | 42,922 | 54,888 |
Total liabilities and equity | ||
*) Represents an amount lower than | ||
CONSOLIDATED STATEMENTS OF OPERATIONS | ||||
(in thousands, except share and per share data) | ||||
Three Months Ended | Twelve months Ended | |||
December 31, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |
(unaudited) | (unaudited) | |||
Revenue | ||||
Cost of revenue | 2,658 | 2,134 | 9,777 | 8,285 |
Gross profit | 4,747 | 4,453 | 19,683 | 15,500 |
Operating expenses: | ||||
Research and development | 3,186 | 2,817 | 11,942 | 10,275 |
Selling and marketing | 3,947 | 3,688 | 15,203 | 13,880 |
General and administrative | 3,237 | 5,985 | 11,694 | 14,292 |
Total operating expenses | 10,370 | 12,490 | 38,839 | 38,447 |
Operating loss | (5,623) | (8,037) | (19,156) | (22,947) |
Change in fair value of warrants | 1,489 | (1,410) | 227 | (965) |
Finance income | 441 | 282 | 1,827 | 2,211 |
Finance expenses | (61) | (23) | (268) | (178) |
Financing income, net | 380 | 259 | 1,559 | 2,033 |
Loss before taxes on income | (3,754) | (9,188) | (17,370) | (21,879) |
Income taxes, net | 23 | 649 | 146 | 612 |
Loss | (3,777) | (9,837) | (17,516) | (22,491) |
Other comprehensive income (net of tax effect): | ||||
Remeasurement gain (loss) from defined benefit | 140 | 69 | 140 | 69 |
Adjustments arising from translating financial | (35) | (396) | 595 | (307) |
Total comprehensive loss | $ (3,672) | $ (10,164) | $ (16,781) | $ (22,729) |
Basic and diluted loss per Ordinary share | $ (0.07) | $ (0.20) | $ (0.35) | $ (0.46) |
Weighted average number of shares outstanding | 51,214,592 | 49,344,367 | 50,573,461 | 48,579,804 |
CONSOLIDATED STATEMENTS OF CASH FLOWS | ||||
(in thousands) | ||||
Three Months Ended | Twelve months Ended | |||
December 31, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |
(unaudited) | (unaudited) | |||
Cash flows from operating activities: | ||||
Loss | ||||
Adjustments to reconcile net loss to net cash | ||||
Adjustments to profit or loss items: | ||||
Depreciation and amortization | 843 | 870 | 3,449 | 3,083 |
Impairment of goodwill | - | 3,000 | - | 3,000 |
Change in fair value of warrants | (1,489) | 1,410 | (227) | 965 |
Changes in the fair value of contingent consideration | - | - | - | (6) |
Share-based compensation | 1,953 | 1,049 | 4,306 | 3,625 |
Operating expense settled by issuance of | - | - | - | 351 |
Finance income, net | (380) | (259) | (1,559) | (2,027) |
Income taxes, net | 23 | 649 | 146 | 612 |
950 | 6,719 | 6,115 | 9,603 | |
Changes in asset and liability items: | ||||
Decrease (increase) in user funds | 188 | (74) | 1,674 | (968) |
Increase (decrease) in user accounts | (188) | 74 | (1,674) | 968 |
Decrease in other receivables and prepaid | 412 | 391 | 69 | 37 |
Decrease (increase) in trade receivables | 498 | (184) | (521) | (920) |
Decrease in other long-term assets | 0 | |||
Increase (decrease) in trade payables | (249) | (1,375) | 2,294 | (957) |
Increase (decrease) in accrued severance pay, | (36) | (18) | 90 | (7) |
Increase (decrease) in accrued expenses and | (762) | (187) | (1,150) | 336 |
(137) | (1,373) | 782 | (1,511) | |
Cash received (paid) during the period for: | ||||
Interest received, net | 61 | 99 | 1,791 | 2,642 |
Taxes paid, net | (48) | (137) | (40) | (343) |
13 | (38) | 1,751 | 2,299 | |
Net cash used in operating activities | (2,951) | (4,529) | (8,868) | (12,100) |
Cash flows from investing activities: | ||||
Purchase of property and equipment | (18) | (16) | (135) | (48) |
Proceeds from sale of property and equipment | - | - | 26 | 2 |
Acquisition of a subsidiary, net of cash acquired | - | - | - | (3,350) |
Investment in long-term deposits | (75) | (52) | (378) | (70) |
Withdrawal of long-term deposits | - | - | 116 | 24 |
Withdrawal of (investment in) short-term bank | - | - | 12,000 | (6,000) |
Withdrawal of short-term investments, net | - | - | - | 11,520 |
Net cash provided by (used in) investing | (93) | (68) | 11,629 | 2,078 |
Cash flows from financing activities: | ||||
Repayment of lease liabilities | (177) | (208) | (704) | (629) |
Exercise of options | 99 | 411 | 682 | 714 |
Net cash provided by (used in) financing | (78) | 203 | (22) | 85 |
Exchange differences on balances of cash and | 177 | (19) | 463 | (91) |
Gains (losses) from translation of cash and cash | 2 | (19) | 27 | (19) |
Increase (decrease) in cash and cash | (2,943) | (4,432) | 3,229 | (10,047) |
Cash and cash equivalents at the beginning of | 16,290 | 14,550 | 10,118 | 20,165 |
Cash and cash equivalents at the end of the | ||||
(a) Acquisition of an initially consolidated | ||||
Working capital (excluding cash and cash | $ - | $ - | $ - | |
Property and equipment | - | - | - | 51 |
Right-of-use assets | - | - | - | 350 |
Intangible assets | - | - | - | 3,538 |
Goodwill | (505) | - | (505) | 2,546 |
Shares issued | - | - | - | (885) |
Payable for acquisition of subsidiary | 505 | - | 505 | (629) |
Lease liabilities | - | - | - | (350) |
Acquisition of a subsidiary, net of cash acquired | $ - | $ - | $ - | |
(b) Significant non-cash transactions: | ||||
Right-of-use asset recognized with | ||||
RECONCILIATION OF IFRS TO NON-IFRS GROSS PROFIT AND GROSS | ||||
(in thousands, except gross margin data) | ||||
Three Months Ended | Twelve months Ended | |||
December 31, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |
(unaudited) | (unaudited) | |||
IFRS gross profit | ||||
Add: | ||||
Share-based compensation | 249 | 65 | 476 | 378 |
Depreciation and amortization | 388 | 373 | 1,553 | 1,345 |
Non-IFRS gross profit | ||||
IFRS gross margin | 64.1 % | 67.6 % | 66.8 % | 65.2 % |
Non-IFRS gross margin | 72.7 % | 74.3 % | 73.7 % | 72.4 % |
RECONCILIATION OF IFRS LOSS TO ADJUSTED EBITDA | ||||
(in thousands , except adjusted EBITDA margin data) | ||||
Three Months Ended | Twelve months Ended | |||
December 31, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |
(unaudited) | (unaudited) | |||
IFRS loss | ||||
Add: | ||||
Change in fair value of warrants | (1,489) | 1,410 | (227) | 965 |
Financing income, net | (380) | (259) | (1,559) | (2,033) |
Income taxes, net | 23 | 649 | 146 | 612 |
Share-based compensation | 1,953 | 1,049 | 4,306 | 3,625 |
Depreciation and amortization | 843 | 870 | 3,449 | 3,083 |
CEO transition-related expenses | 158 | - | 158 | - |
Impairment of goodwill | - | 3,000 | - | 3,000 |
Acquisition-related costs | - | - | - | 283 |
Operating expense settled by issuance of | - | - | - | 351 |
Adjusted EBITDA | ||||
Loss margin (under IFRS) | -51 % | -149 % | -59 % | -95 % |
Adjusted EBITDA margin | -36 % | -47 % | -38 % | -53 % |
RECONCILIATION OF IFRS LOSS TO NON-IFRS LOSS AND LOSS PER SHARE | ||||
(in thousands, except share and per share data) | ||||
Three Months Ended | Twelve months Ended | |||
December 31, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |
(unaudited) | (unaudited) | |||
IFRS loss | ||||
Add: | ||||
Share-based compensation | 1,953 | 1,049 | 4,306 | 3,625 |
Depreciation and amortization | 843 | 870 | 3,449 | 3,083 |
CEO transition-related expenses | 158 | - | 158 | - |
Impairment of goodwill | - | 3,000 | - | 3,000 |
Operating expense settled by issuance of | - | - | - | 351 |
Acquisition-related costs | - | - | - | 283 |
Changes in the fair value of contingent | - | - | - | (6) |
Change in fair value of warrants | (1,489) | 1,410 | (227) | 965 |
Non IFRS loss | ||||
Non IFRS basic and diluted loss per | ||||
Weighted average number of shares | 51,214,592 | 49,344,367 | 50,573,461 | 48,579,804 |
Logo - https://mma.prnewswire.com/media/2319256/5624936/Freightos_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/freightos-reports-fourth-quarter-and-full-year-2025-results-302694451.html
SOURCE Freightos