Freightos Limited Ordinary shares
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- Freightos Limited (Nasdaq: CRGO) operates a vendor-neutral digital platform for international freight booking, payments, quoting, and management, connecting carriers, freight forwarders, importers, exporters, and logistics providers worldwide. Founded in 2012 and headquartered in Barcelona, Spain, the company offers core products including WebCargo, a platform for real-time air, ocean, and land freight rate management, quoting, and e-bookings with integrations to over 50 airlines and ocean carriers representing 70% of global cargo capacity; Freightos.com, an online marketplace providing instant freight comparisons, bookings, and shipment tracking across air, ocean, and trucking modes; Freightos Enterprise solutions such as Terminal for market intelligence and benchmarking, Procure for automated tendering and procurement, and Rate, Book & Manage for end-to-end operations with ERP/TMS integrations; Freightos AcceleRate for multi-modal rate repositories and business intelligence; digital customs brokerage; and ancillary tools like HS Code lookup, freight density calculators, and indices including the Freightos Baltic Index (FBX) for ocean rates and Freightos Air Index (FAX) for air cargo. The platform serves enterprise shippers in manufacturing and e-commerce, freight forwarders, carriers, and logistics providers across regions including Europe, Asia, North America, and the Middle East, processing over 1.6 million annualized transactions. In August 2024, Freightos acquired Shipsta, an enterprise tender procurement platform, for approximately €4.5 million in cash plus equity, expanding its offerings into contract freight procurement and adding $4-5 million in expected 2025 revenue while enhancing cross-selling opportunities with existing customers. In November 2025, the company launched integrated ocean freight rate management, quoting, and booking capabilities within WebCargo, enabling forwarders to handle air and ocean on a single platform, reducing quote times by 75% and boosting win rates amid global trade challenges. These developments build on prior expansions, including the 2016 acquisition of WebCargoNet and ongoing carrier partnerships with airlines like Lufthansa, Air France-KLM, and Qatar Airways.
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Freightos Limited (CRGO) Q4 2025 Earnings Call Transcript