Freightos

CRGO

Market cap $85.8M

Freightos: SaaS Weakness Puts My Buy Rating Under Pressure

Freightos Limited (CRGO) Q1 2026 Earnings Call Transcript

Freightos NASDAQ: CRGO reported a softer-than-expected first quarter as disruptions in Middle East trade corridors weighed on transaction activity, even as the company said it continued to expand its carrier network and build its solutions pipeline.

BARCELONA, Spain, May 26, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight pricing, booking and procurement platform, today reported financial results for the quarter ended March 31, 2026. "I'm honored to lead Freightos through this next phase as we continue focusing on long-term growth while maintaining disciplined execution and improving operational efficiency," said Pablo Pinillos, CEO and CFO of Freightos.

Consensus estimates for 2026 are conservative; with ⅔ of revenue from solutions, Freightos has strong visibility and potential for beat-and-raise quarters. With the business model shift to solutions from a platform, revenue becomes more predictable and less dependent on transaction volume potentially affected by macro trends. CRGO's profitability focus will allow for adjusted EBITDA breakeven by Q4 2026 after a significant workforce reduction, aiming for full-year 2027 profitability.

The Company Plans To Report Earnings on May 26, 2026 BARCELONA, Spain, April 15, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight pricing, booking and procurement platform, today reported preliminary key performance indicators for the first quarter of 2026. These operational KPIs primarily reflect platform activity.

Actions align with previously communicated path to Adjusted EBITDA breakeven by the end of 2026 Continued investment in growth initiatives across pricing, procurement, and booking solutions that support largest global freight booking platform BARCELONA, Spain, March 26, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral global freight pricing, booking and procurement platform, today announced a cost optimization plan that includes a global workforce reduction of up to 15%, to improve operating efficiency and support its previously communicated path to Adjusted EBITDA breakeven by the end of 2026.     The restructuring is intended to support long-term sustainable growth of the Company's multimodal pricing, quoting and booking platform, in line with its strategy that remains unchanged: building the world's leading global freight pricing, booking and procurement platform.

BARCELONA, Spain, March 26, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO) the leading vendor-neutral global freight pricing, booking and procurement platform, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Freightos' audited financial statements, can be accessed at the SEC's website at  http://www.sec.gov , as well as via the Company's investor relations website at  https://www.freightos.com/financials/#sec.

Fast Digital Payments Offered to Forwarders Across the Carrier's Entire European and American Network BARCELONA, Spain, March 24, 2026 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, today announced that Air Serbia will be joining its cargo booking platform, further expanding Freightos' airline network and strengthening adoption of Freightos Pay in Europe. This integration will extend Freightos Pay's reach by enabling rapid, guaranteed digital payments between freight forwarders and carriers across Europe, including for forwarders without IATA accreditation - a key barrier to digital transaction adoption in the region.

Chief Financial Officer Pinillos succeeds founder Zvi Schreiber to lead the next stage of global scale-up BARCELONA, Spain, March 12, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, today announced that its Board of Directors has appointed Mr. Pablo Pinillos as Chief Executive Officer and a member of the Board of Directors, effective March 16, 2026.