Freightos (Freightos) Net Margin % : -86.20% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Freightos Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Freightos's Net Income for the three months ended in Mar. 2024 was $-4.62 Mil. Freightos's Revenue for the three months ended in Mar. 2024 was $5.36 Mil. Therefore, Freightos's net margin for the quarter that ended in Mar. 2024 was -86.20%.

The historical rank and industry rank for Freightos's Net Margin % or its related term are showing as below:

CRGO' s Net Margin % Range Over the Past 10 Years
Min: -322.83 Med: -156.85 Max: -99.95
Current: -99.95

CRGO's Net Margin % is ranked worse than
97.94% of 973 companies
in the Transportation industry
Industry Median: 5.37 vs CRGO: -99.95

Freightos Net Margin % Historical Data

The historical data trend for Freightos's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freightos Net Margin % Chart

Freightos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-166.55

-147.14

-129.43

-322.83

Freightos Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial							-1,021.92	-112.13	-140.20	-63.05	-86.20

Competitive Comparison of Freightos's Net Margin %

For the Integrated Freight & Logistics subindustry, Freightos's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Freightos's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightos's Net Margin % distribution charts can be found below:

* The bar in red indicates where Freightos's Net Margin % falls into.

Freightos Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Freightos's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-65.473	/	20.281
	=	-322.83 %

Freightos's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-4.616	/	5.355
	=	-86.20 %

Freightos (NAS:CRGO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Freightos Net Margin % Related Terms

Thank you for viewing the detailed overview of Freightos's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Freightos (Freightos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightos Ltd (NAS:CRGO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Derech Agudat Sport HaPo’el, Technology Park Building 2, Jerusalem, ISR, 9695102

Website

https://www.freightos.com

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.