• Second quarter revenue up 31% year-over-year, exceeding management expectations
• Updated full-year outlook: increased transaction forecast and tightened financial metrics ranges

Barcelona, Spain, Aug. 18, 2025 — Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital booking and payment platform for the international freight industry, today reported its financial results for the quarter ended June 30, 2025.

“Freightos continues to solidify its position as a leader in the end-to-end digital transformation of the international freight industry, achieving robust second-quarter results with a 31% year-over-year revenue increase. We have revised our full-year Transaction outlook upward, reflecting our confidence in sustained growth,” said Zvi Schreiber, CEO of Freightos. “Amid global trade uncertainty and fluctuating market demands, Freightos has demonstrated exceptional resilience through our platform’s unique capabilities and strategic adaptability. While we observe more measured enterprise spending, these conditions present opportunities to innovate and strengthen our service offerings, adding greater value as customers navigate this dynamic environment. Together with our new chairman and the additional expertise on our board, we are marking a new chapter for the company as we pursue our strategic vision.”

“Our second-quarter performance reflects a strong revenue increase, surpassing our expectations and underscoring our ability to adapt and grow in challenging market conditions. Adjusted EBITDA was in line with our expectations and would have exceeded expectations if it wasn’t for the appreciation of the EUR and other currencies against the USD,” said Pablo Pinillos, CFO of Freightos. “Looking ahead to the second half of the year, currency rate fluctuations may continue moderately impacting Adjusted EBITDA, but will have little effect on our closing cash position, thanks to effective hedging. Overall, our revised outlook reflects optimism about Transactions and revenue growth, and our commitment to rigorous financial discipline. We remain steadfast in our goal to reach breakeven Adjusted EBITDA by the end of 2026.”

Second Quarter 2025 Financial Highlights

• Revenue of $7.4 million for the second quarter of 2025, an increase of 31% compared to $5.7 million in Q2 2024.
• IFRS Gross Margin of 67.1% (up from 64.9% in Q2 2024). Non-IFRS Gross Margin of 73.5% (up from 72.0% in Q2 2024).
• IFRS loss of $4.3 million, compared to $5.3 million in Q2 2024.
• Adjusted EBITDA of negative $2.9 million, compared to negative $3.1 million in Q2 2024.
• Cash and cash equivalents and short-term bank deposit amounting to $34.1 million as of the end of June 2025.

Recent Business Highlights

• Transactions Growth: Record 397 thousand Transactions in Q2 2025, up 26% year-over-year — the 22nd consecutive quarter of record Transactions.
• Carrier Growth: Carriers selling on the platform increased from 71 in Q1 2025 to 75 in Q2 2025, including additions such as China Airlines and Air Europa.
• Unique Buyer Users: Approximately 20,200 unique buyer users in Q2 2025, up 6% vs Q2 2024.
• Gross Booking Value (GBV): $317 million in Q2 2025, up 56% vs Q2 2024, driven by higher transaction volumes and portal contribution.
• Revenue Mix & Growth: Q2 revenue of $7.4 million (+31% YoY). Platform revenue was $2.5 million (+23% YoY). Solutions revenue was $4.9 million (+36% YoY). Key contributors included the addition of Shipsta, SaaS solutions, customs clearance services, and continued growth of WebCargo by Freightos.

Financial Outlook (Management Expectations)

Further financial details are included as an appendix on the company’s Investor Relations website.

Earnings Webcast

Management, joined by new Chairman Dr. Udo Lange, will host a webcast and conference call today, August 18, 2025, at 8:30 a.m. EST. To participate, pre-register at: https://freightos.zoom.us/webinar/register/2717524789883/WN_62GUU7UHQOSxiz6R5FmLng#/registration.

Questions may be submitted in advance to the company or via Zoom during the call. A replay and conference call transcript will be available on Freightos’ Investor Relations site following the call.

Forward-Looking Statements

This press release includes forward-looking statements, including the financial outlook of Freightos, based on various assumptions and current expectations. Actual events and results may differ materially due to risks and uncertainties, including disruptions to international freight, economic conditions, competition, integration risks related to acquisitions (such as Shipsta), geopolitical events, currency fluctuations, and other factors detailed in Freightos’ filings with the SEC. Freightos disclaims any obligation to update forward-looking statements except as required by law.

Financial Information; Non-IFRS Financial Measures

Certain financial measures in this release are not calculated under IFRS (for example, Adjusted EBITDA). Freightos provides reconciliations for historical non-IFRS measures to the most directly comparable IFRS measures. Forward-looking non-IFRS measures are not reconciled because a reconciliation cannot be prepared without unreasonable effort. Non-IFRS measures should not be considered in isolation or as alternatives to IFRS measures.

Glossary

• Transactions: Number of bookings placed by buyers across the Freightos platform (net of cancellations).
• Carriers: Unique air and ocean carriers selling on the platform (counted when >5 bookings in a quarter).
• Unique buyer users: Individual users placing bookings (counted based on unique logins).
• GBV: Gross Booking Value — total value of transactions on the platform converted to USD at transaction time.
• Adjusted EBITDA: Loss before income taxes, finance income/expense, share-based compensation, depreciation and amortization, operating expense settled by issuance of shares, and change in fair value of warrants.
• Platform revenue: Transaction fees charged to buyers and sellers on the Freightos platform.
• Solutions revenue: Subscription-based SaaS and data revenue, including some non-recurring services such as customization and configuration fees.

About Freightos

Freightos® (Nasdaq: CRGO) is a vendor-neutral global freight booking platform that connects airlines, ocean carriers, thousands of freight forwarders, and more than ten thousand importers and exporters. The Freightos platform digitizes the international freight industry and is supported by software spanning pricing, quoting, booking, shipment management, and payments for businesses globally. Products include Freightos Enterprise, Freightos Marketplace, WebCargo, WebCargo for Airlines, 7LFreight by WebCargo, and Clearit (a digital customs broker).

Freightos also provides real-time industry data via Freightos Terminal, including the Freightos Air Index (FAX) and Freightos Baltic Index (FBX). More information is available at freightos.com/investors.

Contacts

Media:
Tali Aronsky
Email: [email protected]

Investors:
Anat Earon-Heilborn
Email: [email protected]