Freightos Ltd (NAS:CRGO)
$ 1.26 -0.050 (-3.82%) Market Cap: 65.12 Mil Enterprise Value: 43.92 Mil PE Ratio: 0 PB Ratio: 1.73 GF Score: 60/100

Q1 2025 Freightos Ltd Earnings Call Transcript

May 20, 2025 / 12:30 PM GMT
Release Date Price: $2.56 (+14.80%)

Key Points

Positve
  • Freightos Ltd (CRGO) reported record revenues and a 21st consecutive quarter of record transactions.
  • The company facilitated over 370,000 transactions in Q1, marking a 25% increase from the previous year.
  • Freightos Ltd (CRGO) added 4 new carriers to its platform, increasing the total to 71 carriers.
  • The launch of the Freightos Enterprise software as a service solution creates new sales and cross-sell opportunities.
  • The company achieved a gross margin improvement to 66.8% on an IFRS basis, up from 62.6% the previous year.
Negative
  • Freightos Ltd (CRGO) is sensitive to fluctuations in trade volumes, which can impact platform transactions.
  • The company experienced a dip in China-US transactions due to high tariffs, although this lane represents less than 2% of total transactions.
  • Economic uncertainty or downturns can be a headwind for closing solutions revenue.
  • The potential reopening of the Red Sea could lead to a drop in ocean freight rates, affecting revenue.
  • Freightos Ltd (CRGO) remains cautious about further M&A activities due to a focus on preserving cash for profitability goals.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CRGO.OQ - Freightos Ltd
Q1 2025 Freightos Ltd Earnings Call
May 20, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Hello everyone. Welcome to Fredo's Q1 2025 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 Fredos.com/investors. My name is Anati Ron Heilborn, and I'm joined today by Doctor Twi Schreiber, the CEO of Freos, and Pablo Pineios, CFO.

Following the prepared remarks, we will open the call for questions. We are sharing slides during the call, so we recommend using Zoom on a computer rather than dialing in by phone. The slides, as well as the recording of this earnings call, will be available on our website shortly after the call.

Please be aware that today's discussion contains forward-looking statements which are
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