FRGT
Freight Technologies, Inc.2.5100
+0.0800+3.29%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
3.93MP/E (TTM)
0.05Basic EPS (TTM)
53.40Dividend Yield
0%Recent Filings
8-K
Regains foreign private issuer status
8-K
Q2 profit via crypto gains
Freight Technologies posted Q2 net profit of $649K (21.7% margin), fueled by $2.4M unrealized crypto gains, despite $1.5M operating loss and revenue drop to $3.0M from $3.8M YoY. Fleet Rocket notched initial sales; brokerage margins rose amid tariff headwinds. Crypto turned the quarter. Revised 2025 outlook: revenue $13M-$16M, operating loss $4.5M-$6.3M.
10-Q
Q2 FY2025 results
Freight Technologies narrowed its Q2 operating loss to $1.5M from $1.7M y/y while revenue dipped 22% to $3.0M, with dedicated capacity plunging yet freight brokerage holding steady; YTD revenue fell 13% to $7.1M but operating loss shrank 22% to $2.9M as costs dropped faster. Gross margins held firm amid lower credit exposure to top customer (48% of H1 revenue). Crypto bets paid off with $2.4M unrealized gains flipping YTD net loss to breakeven quarterly profit, though operating cash burn hit $5.0M. Cash sits at $587K against $4.9M short-term borrowings; equity flipped positive on $11M preferred raises. Warrants exploded to 28M equivalents. Customer concentration bites hard.
8-K
Raises $500K in preferred shares
Freight Technologies raised $500,000 via a private placement on August 6, 2025, issuing 12,540,000 Series B preferred shares and 126,005 Series A4 preferred shares to Freight Opportunities LLC, netting $485,000 after fees. Shares convert immediately into ordinary shares at the investor's option. Small cash infusion bolsters liquidity.
8-K
Waiver enables $2M note issuance
Freight Technologies locked in a waiver from Fetch Compute on June 26, 2025, greenlighting its $2,000,000 issuance of senior secured convertible notes under a $20 million facility with TrumpCoin Ventures. Waived restrictions covered token purchases, default remedies, and debt notices tied to the notes. Daily trading cap on conversion shares doubled to 4%. Flexibility gained, yet original terms hold firm.
IPO
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