Recent Updates — CRGO
Freightos Limited appointed Yaron Eldad as its Chief Financial Officer effective September 1, 2026. Mr. Eldad previously served as CFO of Evogene Ltd., Yamba Group International, Ltd., Recoly N.V., and e-Sim Ltd., holding an MBA from Hebrew University and an M.A in law from Bar Ilan University. He currently serves on the Board of Directors and chairs the Audit and Compensation Committees at BOS Better Online Solutions. This executive change is material as it involves a key leadership role with significant financial oversight responsibilities. Freightos Limited operates in the digital freight forwarding industry, providing online booking and logistics management solutions for shippers.
Freightos Limited reported second quarter 2026 financial results on August 17, 2026. The company achieved record revenue of $7.7 million, a 3% increase from the prior year period, and recorded an IFRS loss of $1.6 million compared to a $4.3 million loss in Q2 2025. Adjusted EBITDA improved to negative $2.0 million from negative $2.9 million. Gross Booking Value reached a record $422 million, up 33% year-over-year. The company ended the quarter with $21.4 million in cash and short-term bank deposits. Freightos provided updated full-year guidance, projecting revenue between $30.4 million and $31.0 million and an Adjusted EBITDA loss between negative $6.9 million and negative $6.4 million for 2026. The company operates as a digital infrastructure platform for global freight pricing, booking, and procurement.