Freightos Exceeds Q2 Estimates, Boosts Outlook for Q3 and FY

Freightos reported Q2 revenue of $7.44M, a 31.4% YoY increase, beating estimates by $0.35M. Non-GAAP EPS of -$0.05 also beat expectations by $0.04. The company's adjusted EBITDA was negative $2.9 million, an improvement from negative $3.1 million in Q2 2024. Freightos initiated Q3 and updated FY outlook.

Freightos, a leading global freight booking platform, reported its Q2 2025 financial results, showing a significant increase in revenue and a positive outlook for the future. The company's Q2 revenue of $7.44 million represents a 31.4% year-over-year (YoY) increase, surpassing analyst expectations by $0.35 million [1]. Additionally, the company's non-GAAP earnings per share (EPS) of -$0.05 exceeded expectations by $0.04. The adjusted EBITDA for Q2 2025 was negative $2.9 million, marking an improvement from the negative $3.1 million reported in Q2 2024.

The company's strong performance was driven by a record 397,000 transactions in Q2, a 26% YoY increase, and the addition of new carriers such as China Airlines and Air Europa, which expanded the platform's diversity [1]. The organic growth in SaaS solutions and customs clearance services also contributed to the revenue growth.

Freightos initiated its Q3 and updated its full-year (FY) outlook, forecasting Q3 revenue between $7.6 million and $7.7 million, and full-year revenue between $29.5 million and $30.0 million. The company expects Q3 transactions to range between 419,000 and 425,000, with full-year transactions projected between 1,607,000 and 1,684,000 [2]. These projections assume freight price levels and market freight volumes as of August 2025.

Analysts remain bullish on Freightos, with the current average rating being "buy" and no "hold" or "sell" recommendations. The median 12-month price target for Freightos is $5.00, about 35% above its August 15 closing price of $3.25 [1].

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX8A55E9:0-freight-booking-platform-freightos-s-q2-revenue-beats-analyst-expectations-as-demand-rises/
[2] https://seekingalpha.com/news/4486450-freightos-beats-top-line-and-bottom-line-estimates-initiates-q3-and-updates-fy-outlook