Freightos Ltd
CRGO, CRGOW · Arrangement of Transportation of Freight & Cargo · EDGAR filings ↗
Grade
D54Fast-growing, vendor-neutral digital freight platform with top-tier gross margin but persistent deep losses.
Strengths
- Revenue growth 23.9% (93rd pct) and gross margin 66.8% (100th pct) — two genuine standouts
- Improving loss ($17.5M vs $22.5M) with solid liquidity (current ratio 2.2, 81st pct)
Risks
- Operating margin -65% (13th pct), net margin -59%, interest coverage -71 (11th pct)
- Only ~5.9 quarters of cash and a high-risk 2026 strategy pivot to 'solutions-first' adoption in a slow-to-digitize industry
Notable findings
- No interest coverageInterest coverage -71.48 (cannot cover interest)
- Net lossNet loss (net margin -59.5%)
- Cash burnNegative free cash flow (-9.0M)
Key metrics
Gross margin
66.8%
Operating margin
-65.0%
Net margin
-59.5%
Return on equity
-40.8%
Return on assets
-27.9%
Revenue growth (QoQ)
23.9%
Interest coverage
-71.5×
Current ratio
2.2×
Free cash flow
-$9M
Tangible book value
$28M
Cash & investments
$13M
Cash runway
6q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-26 | 2025-12-31 | 0001104659-26-034941 ↗ |
| 20-F | 2025-03-24 | 2024-12-31 | 0001410578-25-000425 ↗ |
| 20-F | 2024-03-21 | 2023-12-31 | 0001410578-24-000252 ↗ |
| 20-F | 2023-03-30 | 2022-12-31 | 0001410578-23-000461 ↗ |