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 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
27% more funds holding
Funds holding: 11 [Q2] → 14 (+3) [Q3]
0.18% more ownership
Funds ownership: 4.18% [Q2] → 4.36% (+0.18%) [Q3]
46% less capital invested
Capital invested by funds: $3.98M [Q2] → $2.16M (-$1.82M) [Q3]
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Research analyst outlook
We haven’t received any recent analyst ratings for CRGO.
Financial journalist opinion
Based on 3 articles about CRGO published over the past 30 days
Neutral
PRNewsWire
20 hours 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
2 days 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 week 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
1 month 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.
Positive
Seeking Alpha
1 month ago
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
Neutral
Seeking Alpha
2 months ago
Freightos Limited (CRGO) Q3 2024 Earnings Call Transcript
Freightos Limited (NASDAQ:CRGO ) Q3 2024 Earnings Conference Call November 25, 2024 8:30 AM ET Company Participants Anat Earon-Heilborn - Investor Relations Zvi Schreiber - Chief Executive Officer and Chairman Ran Shalev - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Logan Lillehaug - Craig-Hallum Anat Earon-Heilborn Hello and welcome to Freightos Q3 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 [Technical Difficulty].
Negative
Zacks Investment Research
2 months ago
Freightos Limited (CRGO) Reports Q3 Loss, Tops Revenue Estimates
Freightos Limited (CRGO) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.07 per share a year ago.
Neutral
PRNewsWire
2 months ago
Freightos Reports Third Quarter 2024 Results: Revenue Up 21%, Record Since Going Public
Full-year revenue guidance now at the higher end of the previous range, Adjusted EBITDA guidance up BARCELONA, Spain , Nov. 25, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today reported financial results for the quarter ended September 30, 2024. The consistent growth trend continued, with record Transactions, record revenue, and the highest revenue growth rate and highest adjusted EBITDA since going public.
Neutral
PRNewsWire
2 months ago
Freightos Announces CFO Transition
BARCELONA, Spain , Nov. 25, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral digital booking and payment platform for the international freight industry, today announced that Ran Shalev, Chief Financial Officer, has decided to conclude his tenure effective December 31, 2024, to pursue another role. The company is in the process of a search for a successor.
Neutral
PRNewsWire
2 months ago
FREIGHTOS AND E2OPEN COLLABORATE TO SIMPLIFY AIR CARGO BOOKINGS
Seamless Integration Gives Forwarders Real-Time Bookings and Dynamic Rates, All Within Their TMS BARCELONA, Spain , Nov. 21, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, today announced the official launch of its integration with e2open (NYSE: ETWO), a top provider of connected supply chain software. This integration, which follows a successful beta phase, embeds WebCargo by Freightos air cargo eBooking into e2open's Transportation Management System (TMS) application.
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