Freightos Achieves Record Growth in Second Quarter Results

Freightos Reports Impressive Revenue Growth
Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for international freight, has shared its remarkable financial results for the second quarter. With a staggering 31% increase in revenue compared to last year, the company exceeded management expectations and reinforced its position in the global freight industry.
Highlights from Q2 2025
Robust Financial Performance
For the second quarter of 2025, Freightos generated $7.4 million in revenue, significantly higher than the $5.7 million reported for the same quarter in 2024. This growth reflects increased transaction volumes and strong interest in its SaaS solutions and customs clearance services. Furthermore, the company experienced an IFRS Gross Margin of 67.1%, an increase from 64.9% year-over-year.
Optimistic Financial Outlook
Despite facing currency fluctuations impacting Adjusted EBITDA, Freightos maintains a positive outlook for the remainder of the year. Management anticipates upward revisions in transaction forecasts and revenue, setting a committed goal to achieve breakeven Adjusted EBITDA by the end of 2026. The CFO, Pablo Pinillos, noted that strategic financial management has stabilized the company’s cash position against market volatility.
Business Expansion and Achievements
Transaction Growth
Freightos achieved a record 397 thousand transactions in Q2 2025, marking a 26% increase year-over-year. This achievement marks the 22nd consecutive quarter of record transactions, demonstrating the platform's strong demand and reliability among users.
Service Diversity Enhancement
The company's platform witnessed a boost in carrier participation, growing from 71 to 75 carriers. Notably, well-known airlines such as China Airlines and Air Europa joined as new sellers, contributing to enhanced service offerings and diversity within the platform.
Key Takeaways
Freightos's commitment to innovation and customer service continues to drive its remarkable growth trajectory within the challenging marketplace. The second quarter’s results exemplify the efficiency and resilience of its digital platform.
Frequently Asked Questions
What drove Freightos's revenue increase in Q2 2025?
The 31% increase in revenue is attributed to heightened transaction volumes and strong performance from SaaS solutions and customs services.
How does Freightos handle currency fluctuations?
Freightos employs effective hedging strategies that minimize the impact of currency fluctuations on its financial performance.
What is the future growth expectation for Freightos?
Freightos expects continued growth, with management setting a goal to reach breakeven Adjusted EBITDA by the end of 2026.
How many transactions did Freightos handle in Q2 2025?
In Q2 2025, Freightos recorded a remarkable 397 thousand transactions.
Which new carriers have joined Freightos's platform?
New carriers such as China Airlines and Air Europa joined in Q2 2025 to enhance the diversity of freight services offered.
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