Recent Updates — CRGOW
Freightos Limited filed a Form 6-K furnishing its interim unaudited consolidated financial results for the six months ended June 30, 2026. The company reported revenue of $14.8 million, a 3% increase from $14.4 million in the prior year period, driven by an 11% rise in Platform segment revenue to $5.3 million. Solutions revenue remained flat at $9.6 million. Gross profit was $10.0 million with a 67% margin. The company incurred a net loss of $8.1 million compared to $8.8 million previously, though Adjusted EBITDA improved by 18% to $(4.9) million. Operating expenses included $1.5 million in reorganization costs related to workforce reductions announced in March 2026. Gross Booking Value (GBV) on the Platform rose to $422 million from $317 million, supported by higher air freight rates and increased transaction volumes totaling 457,546 transactions in Q2 2026. Freightos Limited operates a digital freight pricing, procurement, and booking platform connecting carriers, forwarders, and shippers.
Freightos Limited announced preliminary key performance indicators for the second quarter of 2026, which exceeded management expectations. Freightos Limited is a provider of software-based solutions for the global logistics and freight forwarding industry.