Freight Technologies, Inc. (Nasdaq: FRGT) ( Fr8Tech ), through its wholly-owned subsidiary, Fr8App, and Fr8App s wholly-owned Mexico subsidiary, Freight App de M xico, S.A De C.V. ( Freight App Mexico ) is a technology company primarily involved in the freight management business. We offer a diverse portfolio of proprietary platform solutions powered by artificial intelligence ( AI ) and machin…
The business is unprofitable at the operating level (-45.12% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 4.9% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$5M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$13M
▼ -4.9% YoY
Net Income (TTM)
-$8M
▼ -41.1% YoY
Op. Margin
-45.12%
▲ +2.2pp YoY
ROIC
-80.24%
▲ +6.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$5M
▼ -7.6% YoY
Op. Cash Flow (TTM)
-$5M
▼ -7.7% YoY
Net Debt
$3M
Cash & Equiv.
$347K
5Y CAGR: +632.8%
Continue Research