FreightosCRGO
CRGO
About: Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. forwarders, and dozens of airlines and ocean carriers. WebCargo by Freightos is a freight platform connecting carriers and forwarders in particular an air cargo eBooking platform. Freightos.com is a digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. The company operates in two segments-Platform segment and Solutions segment. Geographically, the company operates in Europe, Hong Kong, United States which is majority revenue generator and others.
Employees: 350
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
188% more capital invested
Capital invested by funds: $2.16M [Q3] → $6.23M (+$4.06M) [Q4]
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0.12% less ownership
Funds ownership: 4.36% [Q3] → 4.24% (-0.12%) [Q4]
14% less funds holding
Funds holding: 14 [Q3] → 12 (-2) [Q4]
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for CRGO.
Financial journalist opinion
Based on 4 articles about CRGO published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
Freightos (CRGO) Q4 2024 Earnings Call Transcript
Freightos Limited (NASDAQ:CRGO ) Q4 2024 Earnings Conference Call February 24, 2025 8:30 AM ET Company Participants Zvi Schreiber - Chief Executive Officer Teresa Carreras - Director, FP&A Pablo Pinillos - Chief Financial Officer Anat Earon-Heilborn - Vice President, Investor Relations Conference Call Participants Jason Helfstein - Oppenheimer George Sutton - Craig Hallum Anat Earon-Heilborn Welcome to Freightos Q4 2024 earnings conference call. A press release with detailed financial results was released earlier today and is available on the Investor Relations section of our website, freightos.com/investors.
Negative
Zacks Investment Research
2 weeks ago
Freightos Limited (CRGO) Reports Q4 Loss, Tops Revenue Estimates
Freightos Limited (CRGO) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.06 per share a year ago.
Neutral
PRNewsWire
2 weeks ago
Freightos Reports Fourth Quarter and Full Year 2024 Results
Fourth Quarter Revenue Increase of 25% year-on-year, Highest Growth Rate Since Going Public, Full Year Revenue Increase of 17% 20th Consecutive Quarter of Record Transactions, Strengthening Digital Freight Leadership BARCELONA, Spain , Feb. 24, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter and year ended December 31, 2024. "Freightos continues to lead the digital transformation of global freight, delivering in the fourth quarter our highest revenue growth rate since going public, our strongest carrier expansion ever, and record gross profit margin," said Zvi Schreiber, CEO of Freightos.
Neutral
PRNewsWire
3 weeks ago
Freightos® Introduces Index Linking for Freight Contracts, Bringing Global Trade to the Digital Age
BARCELONA, Spain , Feb. 18, 2025 /PRNewswire/ -- Freightos (Nasdaq: CRGO), the world's leading digital freight booking and payment platform, today announced the launch of the Freightos Index Linking Toolkit in its Freightos Terminal market intelligence solution. This innovative toolkit enables dynamic contract pricing that automatically adjusts to market fluctuations, providing a seamless and resilient approach to freight rate management.
Neutral
PRNewsWire
1 month ago
Freightos Appoints Pablo Pinillos as Chief Financial Officer
BARCELONA, Spain , Feb. 4, 2025 /PRNewswire/ -- February 4, 2025 - Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today announced the appointment of Pablo Pinillos as Chief Financial Officer, effective March 1, 2025. Pablo Pinillos brings over 20 years of global leadership experience spanning finance, strategy, and operations, with a proven track record of scaling high-growth tech companies through strategic decision-making, financial discipline, and operational efficiency.
Neutral
PRNewsWire
1 month ago
Freightos Welcomes CMA CGM AIR CARGO to Its Platforms With Key Tradelanes Capacity
BARCELONA, Spain , Feb. 3, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading global freight booking and payment platform, today announced the addition of CMA CGM AIR CARGO, a division of CMA CGM Group, a global player in sea, land, air, and logistics solutions, to its WebCargo and 7LFreight cargo booking platforms. Through Freightos's platforms, forwarders can now access CMA CGM AIR CARGO's global air freight network, see real-time rates and eBook cargo on key tradelanes connecting the United States, France, Italy, Spain, and Asia.
Neutral
PRNewsWire
1 month ago
Norwegian Cargo Selects WebCargo by Freightos for First Foray into Digital Air Cargo Booking Integration
BARCELONA, Spain , Jan. 29, 2025 /PRNewswire/ -- Freightos (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced today that Norwegian Cargo, the cargo division of Norwegian Air UK, in collaboration with the independent Dutch GSA Euro Cargo Aviation (ECA), has joined the world's biggest air cargo booking platform, WebCargo by Freightos. This collaboration marks Norwegian Cargo's first digital booking platform integration, bringing real-time eBooking capabilities to freight forwarders and enhancing access to its extensive network which connects 40 European airports to Nordic countries, as well as intercontinental routes to key cities in North America, Asia, and the Caribbean.
Neutral
PRNewsWire
1 month ago
Canada's WestJet Cargo Joins Freightos' WebCargo and 7LFreight Platforms, Boosting Cargo Capacity in North America, Europe and Asia
BARCELONA, Spain , Jan. 27, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading global freight booking and payment platform, today announced the addition of Canada's WestJet Cargo to its WebCargo and 7LFreight platforms. This collaboration enables freight forwarders to access WestJet Cargo's air freight network and see real-time rates, place eBookings, and pay online.
Neutral
PRNewsWire
1 month ago
Freightos Reports Record Transactions and Carrier Additions for Fourth Quarter of 2024
The Company Plans To Report Earnings on February 24, 2025 BARCELONA , Jan. 16, 2025 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary key performance indicators for Q4 2024 and FY 2024, showcasing continued growth in platform usage and network expansion, with the 20th consecutive quarter of record Transactions and the highest number of new Carriers ever added in a single quarter. Actuals* Management's Expectations Actuals* Management's Expectations Q4 2024 Q4 2024 FY 2024 FY 2024 # Transactions ('000) 350.4 338.5 - 348.5 1,301.5 1,289.5 - 1,300.0 Year over-Year Growth 22 % 18% - 21% 27 % 26% - 27% GBV ($m) 280.5 257.0 - 265.0 894.0 870.5 - 878.5 Year over-Year Growth 50 % 37% - 41% 33 % 30% - 31% *Numbers are preliminary and subject to change with the full earnings release.
Neutral
PRNewsWire
2 months ago
Swiss WorldCargo Expands its Digital Presence on WebCargo by Freightos
ZURICH and BARCELONA, Spain , Dec. 18, 2024 /PRNewswire/ -- Swiss WorldCargo, the air freight division of SWISS, Switzerland's leading air carrier, and Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, establish a collaboration with the shared intent to enhance their customers' digital booking experience. Various Swiss WorldCargo's products and services for selected markets in Europe, Asia and Americas are bookable on the air cargo booking platform WebCargo by Freightos.
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