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Freightos Q3 2025 Financial Results Overview

Freightos Limited (NASDAQ: CRGO), recognized as a significant player in the digital freight industry, has announced its financial outcomes for the third quarter of 2025, revealing noteworthy growth and resilience amidst fluctuating market conditions. The report, made public on November 17, 2025, indicates a remarkable revenue increase of 24% compared to the same quarter last year, with total revenue reaching $7.7 million.

CEO Zvi Schreiber expressed optimism regarding the company's performance, stating, “This quarter marks another consecutive period of record revenue and transactions for Freightos.” He emphasized the increasing adoption of digital solutions in the freight industry, driven by freight rate volatility, which in turn highlights the resilience of the company’s platform.

Key Financial Metrics

1. Revenue: Freightos reported $7.7 million in revenue for Q3 2025, substantially up from $6.2 million recorded in Q3 2024.
2. Gross Margin: The IFRS Gross Margin was 69.1%, a rise from 65.0% year-over-year. The Non-IFRS Gross Margin also saw improvement, reaching 74.8% from 72.7%.
3. Losses: The company reported an IFRS loss of $5 million, a notable increase from a loss of $2.7 million in Q3 2024. This loss was primarily attributed to the rising market price of the company’s warrants.
4. Adjusted EBITDA: This metric stood at negative $2.6 million, an improvement from negative $2.8 million in the previous year.
5. Cash Reserves: By the end of September 2025, Freightos maintained a strong cash position, holding $30.6 million in cash and equivalents.

Business Highlights

During the third quarter, Freightos achieved several operational milestones:

• - A record number of 429,000 transactions, depicting a 27% increase year-over-year, marking the 23rd consecutive quarter of transaction growth.
• - An increase in the number of active carriers on the platform with more than five bookings per quarter, increasing from 75 to 77.
• - Unique Buyer Users reached 20,600, although this was slightly offset by a reduction in SMB North American custom clearance users due to market uncertainties.
• - The platform witnessed a gross booking value (GBV) of $336 million, representing a staggering 54% growth year-over-year.

Freightos attributes much of this growth to its recent acquisition of Shipsta and ongoing enhancements in its SaaS solutions. Revenue from platform services, especially through WebCargo, also contributed positively to the overall growth trajectory.

Looking Ahead

Management remains optimistic about the future, indicating that they expect to maintain strong performance into the fourth quarter of 2025. The forecast suggests a revenue range of $7.4 million to $7.5 million, with year-over-year growth projected between 20% and 22%.

Schreiber noted, “While we see some enterprise customers taking a conservative approach in their adoption of solutions, our multimodal strategy is gaining momentum, providing Freightos with a robust position for future expansion.”

Pablo Pinillos, CFO, elaborated that the diversified business model has played a critical role in maintaining stability amid market fluctuations, further affirming confidence in the company's strategic investments towards profitable growth.

Conclusion

Freightos continues to solidify its standing in the logistics industry through innovative digital solutions while navigating through economic uncertainties. As they prepare for future quarters, their focus on multimodal freight solutions promises additional opportunities for growth and resilience against market changes.