Freightos (CRGO) Sidoti Micro-Cap Investor Conference summary

Financial performance and outlook

• Achieved record Q2 revenues of $7.7 million, surpassing expectations, with improved adjusted EBITDA loss of $-2 million.

• Platform revenue grew 90% year-over-year, while solutions revenue declined 4%; focus is on improving solutions execution in the second half.

• Recurring revenue comprises two-thirds of total, providing strong visibility for the remainder of the year.

• Guidance for Q3 revenue is $7.7–$7.8 million, with full-year revenue expected at $30.4–$31.0 million.

• Targeting adjusted EBITDA breakeven by Q4 2026 and cash generation by mid-2027.

Strategic priorities and business model

• Embedding digital workflows deeper into freight operations to drive transaction growth and platform liquidity.

• Focused on end-to-end workflow integration, solution-first adoption, and tighter investment prioritization.

• Monetization comes from recurring SaaS/data revenue and transaction-based fees.

• No additional strategic investments needed to achieve 25% revenue growth target for next year.

Market opportunity and competitive positioning

• Operates in a $600+ billion global freight market, with only 9% digitalized and 2% on platforms.

• Platform includes 75 active carriers, representing 80% of global air cargo capacity, and processed 1.8 million transactions in the past year.

• Penetration in air cargo spot bookings is in the mid-teens, with potential to reach 30–40% in the coming years.

• Competitive advantage lies in seamless end-to-end integration and operational intelligence.