Freight Technologies 2025 Q2 Earnings Strong Performance as Net Income Surges 133%

Freight Technologies (FRGT) reported its fiscal 2025 Q2 earnings on August 18, 2025, delivering a strong performance with a significant turnaround in profitability. The company returned to profit with a net income of $649,238, a 133.2% increase from a net loss of $1.95 million in the same period last year, despite a 22.1% decline in revenue. Management did not provide specific numerical guidance but expressed confidence in maintaining profitability and expanding market share.

Revenue
Freight Technologies reported total revenue of $2.99 million in Q2 2025, representing a 22.1% decline compared to $3.84 million in Q2 2024. The drop in top-line performance was not offset by segment-level data, as no specific segment revenue figures were disclosed within the earnings report.

Earnings/Net Income
The earnings report showcased a dramatic turnaround in profitability for Freight Technologies. The company posted an EPS of $0.38 in Q2 2025, reversing a loss of $24.66 per share in the prior year, a 101.5% positive change. Net income surged to $649,238, compared to a net loss of $1.95 million in the previous year. This marked a 133.2% improvement and the highest net income for the fiscal quarter in two years. The EPS result was a strong positive.

Price Action
The stock price of Freight Technologies has seen significant declines across multiple timeframes. During the latest trading day, the stock edged down 2.17%. Over the past full trading week, it tumbled 12.05%, and month-to-date, it has plummeted 38.36%.

Post Earnings Price Action Review
A post-earnings trading strategy of buying Freight Technologies shares following a revenue increase quarter-over-quarter and holding for 30 days proved highly ineffective. Over the past three years, the strategy returned -99.99%, underperforming the benchmark by 152.81%. The negative Sharpe ratio of -0.44 underscored the high risk and poor risk-adjusted returns, while the maximum drawdown of 0.00% highlighted the strategy’s inability to manage losses.

CEO Commentary
CEO John Mitchell highlighted the company's strategic focus on optimizing freight logistics and leveraging technological advancements to reduce costs. He emphasized the impact of increased demand for digital freight management solutions amid global shipping challenges. Mitchell added that Freight Technologies is investing in AI-driven route optimization and customer service improvements to strengthen its market position.

Guidance
The company expects to maintain revenue momentum in the coming quarters, with a projected year-over-year growth in its digital freight solutions. While no specific numerical targets were provided, management aims to continue profitability and expand market share through ongoing R&D efforts.

Additional News
In a tragic incident on July 25, 2025, at least 14 villagers and a mobile police officer were killed in two separate attacks in the Bokkos Local Government Area of Plateau State, Nigeria. One attack occurred around 4:00 PM, ambushing villagers returning from the Bokkos market, while another took place earlier in the day at a checkpoint where a mobile police officer was killed. The attacks have intensified local calls for the establishment of state police forces to address insecurity. Meanwhile, related developments include GTI unveiling a digital banking app, Ellah Lakes planting 1,500 hectares of oil palm, and the Nigerian debut of AfricAI to develop AI solutions.