How does CRGO's Q1 2025 earnings forecast compare to past performance trends?
4/11/2025 12:32am
**Freightos Ltd (CRGO) is poised for a strong Q1 2025 performance compared to its historical trends**, as indicated by the following analysis:
1. **Revenue Growth**: CRGO's Q1 2025 revenue is estimated to be between $6.7 million and $6.8 million, marking a 25% to 27% increase year-over-year. This growth trajectory surpasses the 22% year-over-year increase seen in the most recent quarter (Q4 2024), demonstrating accelerating revenue growth.
|code|Ticker|Name|Date|Total Revenue YoY|Diluted EPS YoY|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|---|
|CRGO|CRGO.O|Freightos|2022 Q1|||4389000|-0.86|186|
|CRGO|CRGO.O|Freightos|2022 Q2|||5159000|-1.03|186|
|CRGO|CRGO.O|Freightos|2022 Q3|||4688000|-0.95|186|
|CRGO|CRGO.O|Freightos|2022 Q4|||4849000|-1.4|186|
|CRGO|CRGO.O|Freightos|2023 Q1|9.888357256778308|-60.465116279069754|4823000|-1.38|186|
|CRGO|CRGO.O|Freightos|2023 Q2|-1.279317697228145|88.3495145631068|5093000|-0.12|186|
|CRGO|CRGO.O|Freightos|2023 Q3|8.937713310580204|84.21052631578947|5107000|-0.15|186|
|CRGO|CRGO.O|Freightos|2023 Q4|8.43472881006393|95|5258000|-0.07|186|
|CRGO|CRGO.O|Freightos|2024 Q1|11.030478955007258|92.75362318840578|5355000|-0.1|186|
|CRGO|CRGO.O|Freightos|2024 Q2|11.093657961908502|8.33333333333333|5658000|-0.11|186|
2. **Gross Margin Improvement**: The company's gross margin is expected to improve further, with IFRS gross margin anticipated to reach 68% in Q1 2025, up from 62% in Q4 2023. Non-IFRS gross margin is projected to be 74%, up from 70% in the previous year. These improvements reflect enhanced operational efficiency and cost management.
3. **Transaction Growth**: CRGO facilitated over 350,000 transactions in Q4 2024, a 22% increase from the prior year. This momentum is likely to continue, with Q1 2025 guidance indicating a further increase in transactions.
4. **SaaS Solutions Strength**: The SaaS Solutions subsegment experienced its highest quarterly revenue in Q4 2024, contributing significantly to the overall growth. This segment is expected to maintain its momentum in Q1 2025.
5. **Financial Outlook**: CRGO's full-year 2025 revenue guidance is projected to be between $29 million and $30.6 million, representing a 22% to 29% year-over-year growth. This aligns with the company's historical revenue growth rate, suggesting a sustainable financial outlook.
In conclusion, CRGO's Q1 2025 earnings forecast reflects a company that is not only maintaining but also accelerating its growth trajectory in revenue, gross margin, and transaction volume compared to its recent past performance.