Freightos Limited reported strong third-quarter results, with revenue up 24% year over year and continued growth across its digital freight booking platform.
“Q3 delivered record revenue and transactions as more industry players adopt digital booking,” said CEO Zvi Schreiber. “Rate volatility is accelerating the shift to transparent, agile digital tools. Our new multimodal solution opens a larger market and positions us for long-term growth.”
CFO Pablo Pinillos added: “We met our revenue outlook and improved gross margins. While market uncertainty supported platform revenue but slowed solutions revenue, we continue progressing toward breakeven with disciplined cost management.”
Q3 2025 Financial Highlights
Revenue: $7.7M, up 24% from Q3 2024
IFRS Gross Margin: 69.1% (up from 65.0%)
Non-IFRS Gross Margin: 74.8% (up from 72.7%)
IFRS Net Loss: $5.0M (vs. $2.7M), driven largely by higher warrant valuation
Adjusted EBITDA: –$2.6M (improved from –$2.8M)
Cash & Equivalents: $30.6M at quarter-end
Business Highlights
Transactions: 429K, up 27% year over year — the 23rd consecutive record quarter
Carriers: 77 carriers with 5+ quarterly bookings (up from 75)
Unique Buyer Users: 20,600
Gross Booking Value: $336M, up 54%, driven by WebCargo and portal growth
Revenue Mix:
Platform revenue: $2.6M (+15%)
Solutions revenue: $5.1M (+30%)
Outlook
Management expects:
FY 2025 revenue: $29.5M–$29.6M (+24%)
FY 2025 transactions: 1.636M–1.641M (+26%)
FY 2025 GBV: $1.268B–$1.272B (+42%)
FY 2025 Adjusted EBITDA: –$11.2M to –$11.1M
This guidance assumes current freight prices and volumes remain stable through year-end.
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