NewsDeparting CFO claims Freightos will make profit in 2026 after reporting Q3 loss

November 26, 2024by 0

Freightos’ share price fell yesterday as it announced a Q3 operating loss of $4.9m, albeit an improvement on 2023’s Q3 loss of $9.3m. 
But while it continues to be unprofitable, revenues rose to $6.2m in the quarter, up 21% from a year earlier. Adjusted ebitda came in at -$2.8m, up from a loss of $4.1m a year earlier. It has $41.3m in cash in the bank. 
Freightos is now one of very …

The post Departing CFO claims Freightos will make profit in 2026 after reporting Q3 loss appeared first on The Loadstar.

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