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Freightos Full Year 2023 Earnings: US$1.46 loss per share (vs US$4.25 loss in FY 2022)

Freightos (NASDAQ:CRGO) Full Year 2023 Results

Key Financial Results

  • Revenue: US$20.3m (up 6.3% from FY 2022).

  • Net loss: US$65.5m (loss widened by 94% from FY 2022).

  • US$1.46 loss per share.

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Freightos Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Logistics industry in the US.

Performance of the American Logistics industry.

The company's shares are up 3.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Freightos' balance sheet health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.