- Freightos (CRGO, Financial) reported 397,000 transactions in Q2 2025, marking a 26% year-over-year increase.
- The platform's Gross Booking Value reached $317 million, a 56% increase surpassing expectations.
- Freightos expanded its carrier network to 75, adding major airlines, and will release full earnings on August 18, 2025.
Freightos (NASDAQ: CRGO), a prominent digital freight booking platform, showcased significant growth in its preliminary key performance indicators for the second quarter of 2025. The company recorded 397,000 transactions, reflecting a 26% increase from the previous year, and exceeding management’s projected range of 380,000 to 385,000 transactions.
The platform's Gross Booking Value (GBV) surged to $317 million, marking an impressive 56% year-over-year growth. This figure significantly outperformed the anticipated range of $278 million to $285 million, highlighting Freightos’ strong market position and the platform’s increasing adoption during a volatile trade environment.
Freightos expanded its global network by incorporating 75 carriers, including new prominent names such as China Airlines and Air Europa, further strengthening its competitive advantage. Unique buyer users on the platform grew by 6% to 20,200, indicating robust customer engagement and platform utility.
Freightos plans to release its complete Q2 2025 financial results on August 18, 2025, with an accompanying webcast and conference call for investor insights. More details can be accessed through the company's investor relations site.
