One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Freightos Limited
CRGO · NCM · Technology · Software - Application
Current price
$1.05
52-week range
$0.98 - $4.24
Market cap
$54.68M
Balance sheet
Healthy
-71.48x Concerning
Net cash $19.20M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 23.9% last year.
- Risk Return on equity was -39.4% last year — the company lost money on shareholders' equity.
What this company does
Freightos Limited
Freightos operates an online marketplace, similar to a travel website, but for businesses that need to ship large amounts of goods internationally on planes and ships. The company makes money primarily from transaction fees charged for each booking made on its platform and by selling software subscriptions to shipping carriers. This matters because Freightos is trying to simplify and modernize the complex and traditionally slow process of moving products around the globe, making the global supply chain (the entire network involved in creating and delivering a product to a consumer) more efficient.
How the company got here
Founded in 2012, Freightos set out to modernize the international freight industry, a business historically known for its complexity and lack of price transparency. The company's goal was to create an online platform to simplify the process of shipping goods, much like consumer travel websites did for booking flights and hotels. After years of development and acquiring other logistics technology companies, Freightos went public on the Nasdaq stock exchange in January 2023. This marked a significant step in its journey from a startup to a publicly traded company aiming to be the digital backbone of the global shipping industry.
What it actually does
Think of Freightos as an online travel agency, but for businesses that need to ship large quantities of goods around the world. Instead of booking a plane ticket, a company can use Freightos' platform to compare prices, book space on a cargo ship or plane, and manage their shipments from start to finish. They don't own the ships or planes themselves; they provide the technology that connects the businesses that need to ship things (importers and exporters) with the companies that move the goods (freight forwarders and carriers). This makes the process of getting a quote and booking freight much faster and more transparent than the traditional method of phone calls and emails.
Platform
This part of the business is like an online marketplace where companies can directly book and pay for shipping services. When a booking is made on their platform, Freightos earns a fee for facilitating the transaction. This segment includes the well-known Freightos.com marketplace, which connects importers and exporters with a wide network of logistics providers. While a crucial part of their business, this segment generates a smaller portion of the company's total revenue compared to their software solutions.
Solutions
This is the larger part of Freightos' business, where they sell software subscriptions to logistics companies. These software tools help freight forwarders (companies that organize shipments) and carriers (the companies that own the ships and planes) to manage their own pricing, automate sales, and streamline their operations. A key product here is WebCargo, a platform that allows airlines and shipping lines to distribute their rates and receive digital bookings from thousands of freight forwarders globally. This segment provides a steady stream of recurring revenue for the company.
What management is betting on now
Freightos is focused on getting its technology more deeply embedded into the daily operations of its customers. Their strategy is to provide a complete, end-to-end digital solution that covers everything from getting a price quote to managing the final delivery. By becoming an essential part of their customers' workflow (the series of tasks they perform regularly), Freightos believes it can increase the number of transactions on its platform and create a more durable business. The company is also focused on reaching profitability, aiming to break even in terms of adjusted EBITDA (a measure of a company's operating profitability) by the end of 2026.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $1.05
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $19.2M - more cash than debt. Interest coverage -71.5x.
Net debt
$-19.20M
Interest coverage
-71.48x
Freightos Limited's profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 1 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
CRGO
BASELINE
Freightos Limited
Total debt $2.17M Interest coverage -71.48x This is the baseline the peer rows are being compared against.
Total debt $7.54M Interest coverage 227.93x This peer still has a real interest-payment cushion, while CRGO does not.
Total debt $3.44M Interest coverage -7.73x Neither company has much profit cushion over interest right now.
Total debt $65.95M Interest coverage 18.31x This peer still has a real interest-payment cushion, while CRGO does not.
What you should know
The case for and against CRGO
1 Reward
1 Risk
Rewards
-
Revenue grew 23.9% last year.
Risks
-
Return on equity was -39.4% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-8.75x
P/B
1.49x
P/S
1.83x
EV/EBITDA
-2.27x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
66.9%
Operating margin
-46.1%
Net margin
-56.2%
ROE
-39.4%
ROA
-17.9%
Health
Liquidity and balance-sheet strength
Debt / equity
0.06x
Current ratio
1.88x
Quick ratio
1.67x
Total debt
$2.17M
Total cash
$21.37M
Growth
How the business has been compounding
Revenue TTM
$29.92M
Revenue 5Y CAGR
15.6%
EPS TTM
-0.33
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-8.87M
Free CF TTM
$-9.00M
FCF margin
-30.1%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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