DonCorleone77
Posted - 1 week ago
$CRGO Freightos sees Q1 transactions up 29% to 295,600 Freightos reported preliminary Q1 Performance Indicators. In Q1 Freightos continued to achieve operating milestones consistent with its long-term growth objectives. The platform facilitated 295.6 thousand transactions, representing a year-over-year growth of 29%. This strong consistent transaction growth underscores the platform's broadening market acceptance and the increasing embrace of digital solutions in the freight industry, and is aligned with the company's target of 20-30% annual transaction growth rate. Gross Booking Value, or GBV, for Q1 grew 14% compared to the same quarter last year, well above management's forecast of 0-2% growth. This outperformance stems mostly from elevated freight rates during the first quarter, related to the Red Sea crisis. In Q1 2024, the count of Unique Buyer Users rose to approximately 18 thousand, reflecting the platform's success in continuously broadening the user base. This 11% increase from Q1 2023 demonstrates Freightos' commitment to enhancing user engagement and expanding its market reach. Additionally, the carrier network expanded to 49 carriers, up from 37 in Q1 last year.
Stock_Titan
Posted - 1 week ago
$CRGO Freightos Record Transactions and Gross Booking Value for First Quarter of 2024 Exceed Management Expectations
https://www.stocktitan.net/news/CRGO/freightos-record-transactions-and-gross-booking-value-for-first-q3iqt4vliczf.html
DonCorleone77
Posted - 1 month ago
$CRGO Freightos announces new collaboration with Delta Cargo WebCargo by Freightos is excited to announce a new collaboration with Delta Cargo, enhancing its offering to freight forwarders on Freightos' WebCargo and 7LFreight platforms via expanded access to real-time digital pricing and booking options for Delta Cargo's U.S. export and U.S. domestic air cargo capacity. Delta Cargo is an air cargo belly carrier based in the United States, and their general cargo products and tariff fares have been available for eBooking on WebCargo since 2020. Building on recent technology-driven enhancements that saw Delta Cargo bookings on the platform grow by close to 3X year-over-year, the airline is now expanding the availability of its U.S. export and U.S. domestic fares and capacity on the platform. 7LFreight and WebCargo customers now have access to real-time quotes and capacity for Delta Air Lines' extensive global network out of the U.S., reaching more than 250 destinations worldwide....
Stock_Titan
Posted - 1 month ago
$CRGO Fits Cargo Partners with WebCargo by Freightos to Ignite Digital Sales
https://www.stocktitan.net/news/CRGO/fits-cargo-partners-with-web-cargo-by-freightos-to-ignite-digital-4s20npeitskq.html
Bayouballer
Posted - 1 month ago
$CRGO what a POS we have here!
DonCorleone77
Posted - 2 months ago
$CRGO Freightos sees FY24 revenue $22.4M-$24M Sees FY24 adjusted EBITDA ($15.3M)-($13.8M)
DonCorleone77
Posted - 2 months ago
$CRGO Freightos sees Q1 revenue $5.2M-$5.3M Sees Q1 adjusted EBITDA ($4.2M)-($3.9M)
DonCorleone77
Posted - 2 months ago
$CRGO Freightos reports Q4 EPS (7c) vs ($1.40) last year Reports Q4 revenue $5.26M vs $4.85M last year. "As we reflect on our first year as a public company - a year marked by significant challenges for the freight industry - Freightos not only demonstrated remarkable resilience, but also achieved a significant milestone in the growth of our platform, powering over a million transactions in 2023. This pivotal year has solidified our position as a leading platform for international freight, highlighting how our relentless drive to digitalize the industry delivers exceptional value to our customers. I want to take this opportunity to thank our talented team, which is focused on continually advancing our offerings to streamline operations for our carrier, forwarder and importer or exporter customers," said Zvi Schreiber, CEO of Freightos. "Celebrating one year of public company transparency and accountability, Freightos is more dedicated than ever to our mission...."
Stock_Titan
Posted - 2 months ago
$CRGO Freightos Reports Fourth Quarter and Full-Year Results with Substantial Transaction Growth and Strong Financial Position
https://www.stocktitan.net/news/CRGO/freightos-reports-fourth-quarter-and-full-year-results-with-6yd0k8hcagez.html
Ampflipz
Posted - 2 months ago
$CRGO
Ninja_Tradez
Posted - 2 months ago
📢 $CRGO - Freightos Announces Board of Directors Change https://newsfilter.io/a/cab9cdb1a922c12d7e6bb8ee8d9d5327
Stock_Titan
Posted - 2 months ago
$CRGO Virgin Atlantic Cargo Joins Freightos' WebCargo to Bring Air Cargo eBooking to Thousands of Freight Forwarders Globally
https://www.stocktitan.net/news/CRGO/virgin-atlantic-cargo-joins-freightos-web-cargo-to-bring-air-cargo-e-df6l23mtno4c.html
Bayouballer
Posted - 3 months ago
$CRGO what a POS
TrueBeliever888
Posted - 3 months ago
$CRGO another excellent partnership announced by Freightos with Japan Airlines Cargo. Will be super interesting to see results on 26 February. My target is still USD 10/share or 200% upside from here. My second biggest position $TSLA will report after the bell today. Staying bullish on this name as well. Target USD 300/share.
https://sg.finance.yahoo.com/news/navigating-tomorrow-japan-airlines-cargo-083000928.html
TrueBeliever888
Posted - 3 months ago
$PLTR what a nice day to be shareholder of Palantir. Finally, some positive momentum. Still remain bullish towards target of USD 25/share. Also, looking forward to see what is in store for $CRGO when reporting end of February. I believe there is 200% upside in the next 12-18 months in this one!!
Pianomemo
Posted - 3 months ago
$ZIM $CRGO $SPY Freight stocks ready to blow up and break out from the downchannel
TrueBeliever888
Posted - 3 months ago
$CRGO very strong figures. Still believe this stock should trade at USD 10/share (approx. 200% upside) in the short to medium term. Believe we will see a pop on the opening. Also, remain bullish on my two other positions $TSLA and $PLTR
DonCorleone77
Posted - 3 months ago
$CRGO 2 of 2 - Freightos reports record 286,900 transactions in Q4 ....Gross Booking Value exceeded management expectations, increasing in the fourth quarter 10% year-on-year as strong #Transactions growth compensated for the reduced freight rates that prevailed in the market for most of the quarter. While disruption to shipping in the Red Sea did drive a rate increase, this only came in the final days of the year. The sustained #Transactions growth is fueled by the marketplace flywheel dynamics, as buyer and seller growth bring additional supply and demand which in turn attract additional buyers and sellers.
DonCorleone77
Posted - 3 months ago
$CRGO 1 of 2 - Freightos reports record 286,900 transactions in Q4 Freightos reported preliminary Q4 key performance indicators. With 286.9 thousand transactions, Q4 was the 16th consecutive quarter of record #Transactions booked on Freightos' platform, bringing full year transactions to surpass the significant one million transaction milestone, exceeding management expectations for the year. The 36% #Transactions growth from Q4 2022 reflects the ongoing digitalization and platformification of the global freight industry. In 2023, Freightos confirmed itself as a leading platform by powering over a million real-time global freight-rate comparison, booking, and shipment management transactions....
TrueBeliever888
Posted - 3 months ago
$CRGO what currently is going on in the Red Sea with spiking freight rates as a result, should be very positive for Freightos. The big question is obviously how long the elevated freight rates will last. In any case, should bring the company closer to cash flow break-even.
Doozio
Posted - 4 months ago
$CRGO chop chop huckleberries…. 2020FOUR 🧠⏰
TrueBeliever888
Posted - 4 months ago
$CRGO the company has no debt, 55m in cash, market cap of approx. USD 150m, still burning cash but expecting to reach B/E end of 2024 or beginning 2025, revolutionising the maritime/logistics industry, great management, market leading in the space, illiquid share with massive potential.
In terms of numbers, I believe they will be able to reach USD 40-45m revenue with ca. USD of 1bn of GBV in 2024. With a conservative P/S ratio of 10 (very conservative for a fast growing tech company like this) and outstanding shares of 47m you get to approx. USD 9-10/share. Btw when they have penetrated the air cargo market even further in a couple of years, they will be able to squeeze much more margin and monetise the platform even further. At the moment they have only scratched the surface with about 2-3% of the market digitalised. As a market leader they will have huge tailwind for the next 3-5 years.
Two other major holdings are $TSLA and $PLTR (targets USD 300 and USD 25, respectively).
tickeron
Posted - 4 months ago
If you are an active trader, pay attention! $CRGO in -6.73% Downtrend, declining for three consecutive days on December 6, 2023. View odds for this and other indicators: https://srnk.us/go/4939564
TrueBeliever888
Posted - 4 months ago
$CRGO the company has no debt, 55m in cash, market cap of 144m, still burning cash but expecting to reach B/E end of 2024 or beginning 2025, revolutionising the maritime/logistics industry, great management, market leading in the space, illiquid share with massive potential.
I seriously believe we are moving back to the USD 8-10/share range (100-200% upside)
My other two major holdings are $TSLA and $PLTR
newsfile_corp
Posted - 4 months ago
https://nfne.ws/189721 $CRGO #Investing #NASDAQ
TrueBeliever888
Posted - 4 months ago
$TSLA still my biggest position. Target still around USD 300/share within a couple of months. Also, I have built a nice position in $CRGO I see great potential in the company. Ultimately, I see it going back to USD 10/share or 200%+ upside. The volume is low, so easy for the stock to jump dramatically in the short to medium-term.
EarningsInsider
Posted - 5 months ago
$CRGO updates FY 2023 guidance to EPS and revenue guidance to $20.10 million-$20.30 million. www.marketbeat.com/stocks/NASDAQ/CRGO/earnings
EarningsInsider
Posted - 5 months ago
$CRGO updates Q4 2023 guidance to EPS and revenue guidance to $5.10 million-$5.30 million. www.marketbeat.com/stocks/NASDAQ/CRGO/earnings/
TrueBeliever888
Posted - 5 months ago
$CRGO conference call coming up in approx. 15 min. See below press release and dial-in/link. Still a strong believer in the stock in the long-run. https://www.freightos.com/press-release/freightos-reports-third-quarter-results-with-revenue-growth-and-progress-toward-profitability/
