Freightos Ltd

Gesher I Acquisition Corp. is a blank check company, which was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 23, 2021 and is headquartered in Tel Aviv, Israel.

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Freightos (CRGO) beats Q1 expectations, eyes growth amid challenges

Freightos demonstrated robust performance in Q1, surpassing expectations with strong financial results and strategic partnerships. While facing challenges from external factors like the Red Sea crisis, the company remains focused on growth, cost management, and achieving positive adjusted EBITDA.

Freightos Ltd (CRGO) reports record Q3 performance and eyes profitability by 2026

Freightos Ltd (CRGO) delivered strong Q3 performance with record transaction volumes and revenue growth, supported by platform and buy side expansion.
Challenges include negative adjusted EBITDA, market conditions, and the need for operational efficiencies, while opportunities lie in new leadership and strategic partnerships.
Guidance for Q4 reflects continued growth momentum, with a focus on increasing transactions, gross booking value, and revenue, positioning the company for future success.

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Freightos Ltd. engages in the operation of a booking and payment platform for international freight. It operates through the Platform and Solutions segments. The Platform segment provides digitalized price quoting, booking, and payments. The Solutions segment offers software tools and data to help industry participants automate their pricing, sales, and procurement processes. The company was founded by Zvi Schreiber in January 2012 and is headquartered in Jerusalem, Israel.

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.

Swiss WorldCargo Expands its Digital Presence on WebCargo by Freightos

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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].

Freightos Limited (CRGO) Q3 2024 Earnings Call Transcript

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.

Freightos Limited (CRGO) Reports Q3 Loss, Tops Revenue Estimates

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.

Freightos Reports Third Quarter 2024 Results: Revenue Up 21%, Record Since Going Public

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.

Freightos Announces CFO Transition

E2open Parent Holdings

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.

FREIGHTOS AND E2OPEN COLLABORATE TO SIMPLIFY AIR CARGO BOOKINGS

Freightos Limited is an undervalued digital freight logistics disruptor with a potential 5-10x return, offering a venture-capital-like entry point in a trillion-dollar market. The company digitizes freight logistics, solving inefficiencies in air, ocean, and land transportation, with less than 10% of the market currently digitized. Strong growth metrics, strategic partnerships, and a visionary CEO position Freightos for substantial market share capture and profitability by 2026.

Freightos: Digitizing The Global Freight Industry With 5-10x Upside Potential

Presentation on Wednesday, November 13th at 9:15AM ET BARCELONA, Spain , Nov. 7, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, announced today that Zvi Schreiber, Founder and CEO, will present and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 13-14, 2024. Joining him will be Ran Shalev, CFO.

Frieghtos to Present at Sidoti Virtual Investor Conference

BARCELONA, Spain , Nov. 5, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO) a leading, vendor-neutral booking and payment platform for the international freight industry, is proud to announce that Qantas Freight, the cargo division of Australia's national carrier Qantas, has joined its air cargo booking platform. This will enable freight forwarders to search, compare and book capacity across Freightos' WebCargo and 7LFreight by WebCargo platforms for all Qantas and Jetstar services between the US, Australia and New Zealand.

Qantas Freight Joins Freightos, Expanding Trans-Pacific Capacity on Key US, Australia and New Zealand Routes

The Company Plans To Report Earnings on November 25, 2024 BARCELONA, Spain , Oct. 16, 2024 /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 Q3 2024, showcasing strong growth in platform usage and network expansion, with the 19th consecutive quarter of record Transactions. Actuals*   Management's Expectations   Q3 2024 Q3 2024 # Transactions ('000) 339.1 323.5 - 332.5 Year over-Year Growth 26 % 20% - 24% GBV ($m) 217.5 198.0 - 203.5 Year over-Year Growth 35 % 23% - 27% *Numbers are preliminary and subject to change with the full earnings release Platform Expansion and Network Growth Freightos continued to strengthen its digital freight marketplace in Q3 2024, facilitating increased transactions and expanding its global buyer and seller network.

Freightos Reports Record Transactions and Gross Booking Value for Third Quarter of 2024

Presentation on Tuesday, October 29th at 01:30 PM PT Barcelona, Spain--(Newsfile Corp. - October 9, 2024) - Freightos (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 01:30 PM PT at the Luxe Sunset Boulevard Hotel. Dr. Zvi Schreiber will be representing the company.

Freightos Announces Participation in the LD Micro Main Event XVII

BARCELONA, Spain , Sept. 26, 2024 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today announced the addition of Hainan Airlines (HNA Cargo), a top five airline in China, to its leading WebCargo digital air cargo booking and payment platform.

Freightos Expands Digital Air Cargo Offering with HNA Cargo, Boosting Capacity on Key Routes between Europe and Asia

BARCELONA, Spain , Aug. 22, 2024 /PRNewswire/ -- Freightos (NASDAQ: CRGO) today  announced the addition of Pacific Air Cargo to its leading WebCargo digital air cargo booking and payment platform. This collaboration expands WebCargo's offered capacity to include key routes from Los Angeles to Hawaii and the Pacific Islands, complementing recent advancements in its domestic US air cargo capacity.

Pacific Air Cargo Joins Freightos' Platform, Expanding Digital Air Cargo Capacity to Hawaii and Pacific Islands

Freightos Limited (NASDAQ:CRGO ) Q2 2024 Earnings Conference Call August 19, 2024 8:30 AM ET Company Participants Anat Earon-Heilborn - IR Zvi Schreiber - Chairman & CEO Christian Wilhelm - Founder & MD, Shipsta Ran Shalev - CFO Conference Call Participants Anat Earon-Heilborn And welcome to Freightos Q2 2024 Earnings Conference Call. A press release with detailed financial results and a press release announcing our acquisition of Shipsta were released earlier today and are available on the Investor Relations section of our website freightos.com/investors.

Freightos Limited (CRGO) Q2 2024 Earnings Call Transcript

Freightos Limited (CRGO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.10 per share a year ago.

Freightos Limited (CRGO) Reports Q2 Loss, Tops Revenue Estimates

New records for transactions, GBV, revenue and Adjusted EBITDA, all exceeding management expectations Acquisition of Shipsta expands company's platform for importers/exporters while accelerating revenue growth and supporting reaching breakeven with cash on hand BARCELONA, Spain , Aug. 19, 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 June 30, 2024, which report followed the announcement of the acquisition of Shipsta.     "Our robust second quarter performance underscores the growing strength and adoption of our platform in the international freight market.

Freightos Reports Second Quarter 2024 Results with Record Performance Across KPIs

Strategic acquisition broadens Freightos' digital freight-booking vision by pairing Freightos' spot offering with Shipsta's best-of-breed tender management platform. Deal accelerates revenue growth and reaching breakeven with cash on hand.

Freightos Acquires Shipsta, Expanding Comprehensive Digital Freight Procurement Solution

The Company Plans To Report Earnings on August 19, 2024 BARCELONA, Spain , July 15, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary second quarter 2024 Key Performance Indicators. Actuals* Management's Expectations Q2 2024 Q2 2024 # Transactions ('000) 316.5 303.0 - 309.0 Year over-Year Growth 32 % 27% - 29% GBV ($m) 203.4 178.0 - 182.0 Year over-Year Growth 31 % 15% - 18% *Numbers are preliminary and subject to change with the full earnings release In Q2 2024, Freightos continued to progress toward its long-term growth objectives.

Freightos Posts New Records for Transactions and Gross Booking Value for Second Quarter of 2024

New Partnership Expands Interlining and Digital Air Capacity Access to Africa, the Gulf and Caspian Regions BARCELONA, Spain, June 27, 2024 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), the leading digital booking and payment platform for the international freight industry, is excited to announce its new partnership with Coyne Airways. This collaboration expands WebCargo's reach in Africa, the Gulf, and the Caspian regions, providing forwarders and airline partners with seamless access to real-time rates, booking, interline and payment solutions.

Coyne Airways becomes First Carrier to Offer Booking for Dangerous Goods on WebCargo by Freightos

BARCELONA, Spain , June 6, 2024 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), a leading independent booking and payment platform for the international freight industry, is excited to announce a new partnership with Thai Airways, a key Asian carrier and the national carrier of Thailand.  In the coming months, Thai Airways will integrate its cargo capacities into WebCargo's platform,  offering real-time booking, pricing, and payment processes.

Freightos' WebCargo Announces Partnership with Thai Airways to Enhance Digital Air Cargo Services and Provide Innovative Payment Solutions

Freightos Limited (NASDAQ:CRGO ) Q1 2024 Earnings Conference Call May 20, 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 George Sutton - Craig-Hallum Jason Helfstein - Oppenheimer Anat Earon-Heilborn Hello and welcome to Freightos Q1 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.

Freightos Limited (CRGO) Q1 2024 Earnings Call Transcript

Freightos Limited (CRGO) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.17 per share a year ago.

Freightos Limited (CRGO) Reports Q1 Loss, Tops Revenue Estimates

Record Transactions, GBV, Revenue and Adjusted EBITDA, exceeding management expectations Cash and equivalents balance of $50 million ensures sufficient resources to capture the massive market opportunity JERUSALEM , May 20, 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 March 31, 2024. "We are pleased with the strong first quarter of the year, which highlights the robustness and growing acceptance of our platform, and the strides we are making in digitalizing international freight, bringing efficiency and transparency to this crucial sector," said Zvi Schreiber, CEO of Freightos.

Freightos Reports First Quarter 2024 Results with Double-digit Revenue Growth

United Continental Hlds

BARCELONA, Spain , May 16, 2024 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the vendor-neutral booking and payment platform for the international freight industry, is pleased to expand the collaboration between WebCargo by Freightos and United Cargo (NASDAQ: UAL). In an industry which is still mostly offline, WebCargo is proud to be a key technology partner developing United Cargo's state-of-the-art self-service online cargo portal and is proud to further expand this collaboration.

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