Freightos Limited Q1 2026 Financial Results

2026-05-26SEC Filing 6-K (0001104659-26-066012)

Freightos Limited reported its financial results for the first quarter of 2026, announcing a revenue of $7.2 million, a 3% increase compared to the same period in 2025. The company experienced a 15% year-over-year growth in transactions, reaching 425,000. Gross Booking Value (GBV) grew by 24% to $343 million. Despite revenue growth, the company reported an IFRS loss of $6.5 million, an increase from $4.5 million in Q1 2025, primarily due to reorganization expenses. Adjusted EBITDA was negative $2.8 million, an improvement from negative $3.0 million in Q1 2025. Freightos Limited also provided its financial outlook for the second quarter and full year 2026, anticipating continued growth in transactions and GBV, while projecting revenue to remain stable or slightly decrease year-over-year. The company aims to achieve adjusted EBITDA breakeven by the end of 2026, though acknowledging challenging global freight market conditions.

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