Freight Technologies Statistics
Total Valuation
FRGT has a market cap or net worth of $3.42 million. The enterprise value is $4.93 million.
| Market Cap | 3.42M |
| Enterprise Value | 4.93M |
Important Dates
The next estimated earnings date is Tuesday, June 11, 2024.
| Earnings Date | Jun 11, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
FRGT has 5.15 million shares outstanding. The number of shares has increased by 1,437.26% in one year.
| Shares Outstanding | 5.15M |
| Shares Change (YoY) | +1,437.26% |
| Shares Change (QoQ) | +80.17% |
| Owned by Insiders (%) | 0.54% |
| Owned by Institutions (%) | 2.73% |
| Float | 2.44M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.20 |
| Forward PS | n/a |
| PB Ratio | 1.30 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.29 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.25, with a Debt / Equity ratio of 1.17.
| Current Ratio | 1.25 |
| Quick Ratio | 1.01 |
| Debt / Equity | 1.17 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -10.42 |
Financial Efficiency
Return on equity (ROE) is -324.00% and return on invested capital (ROIC) is -153.63%.
| Return on Equity (ROE) | -324.00% |
| Return on Assets (ROA) | -88.40% |
| Return on Capital (ROIC) | -153.63% |
| Revenue Per Employee | $218,728 |
| Profits Per Employee | -$119,585 |
| Employee Count | 78 |
| Asset Turnover | 1.62 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, FRGT has paid $104,948 in taxes.
| Income Tax | 104,948 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -94.42% in the last 52 weeks. The beta is 1.72, so FRGT's price volatility has been higher than the market average.
| Beta (1Y) | 1.72 |
| 52-Week Price Change | -94.42% |
| 50-Day Moving Average | 0.90 |
| 200-Day Moving Average | 2.54 |
| Relative Strength Index (RSI) | 36.89 |
| Average Volume (30 Days) | 764,387 |
Short Selling Information
The latest short interest is 6,194, so 0.12% of the outstanding shares have been sold short.
| Short Interest | 6,194 |
| Short Previous Month | 535,604 |
| Short % of Shares Out | 0.12% |
| Short % of Float | 0.25% |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, FRGT had revenue of $17.06 million and -$9.33 million in losses. Loss per share was -$7.79.
| Revenue | 17.06M |
| Gross Profit | 1.35M |
| Operating Income | -8.76M |
| Pretax Income | -9.22M |
| Net Income | -9.33M |
| EBITDA | -8.01M |
| EBIT | -8.41M |
| Loss Per Share | -$7.79 |
Balance Sheet
The company has $1.56 million in cash and $3.08 million in debt, giving a net cash position of -$1.52 million or -$0.29 per share.
| Cash & Cash Equivalents | 1.56M |
| Total Debt | 3.08M |
| Net Cash | -1.52M |
| Net Cash Per Share | -$0.29 |
| Equity / Book Value | 2.63M |
| Book Value Per Share | 0.51 |
| Working Capital | 1.96M |
Cash Flow
In the last 12 months, operating cash flow was -$5.79 million and capital expenditures -$363,369, giving a free cash flow of -$6.15 million.
| Operating Cash Flow | -5.79M |
| Capital Expenditures | -363,369 |
| Free Cash Flow | -6.15M |
| FCF Per Share | -$5.14 |
Margins
Gross margin is 7.92%, with operating and profit margins of -51.35% and -54.67%.
| Gross Margin | 7.92% |
| Operating Margin | -51.35% |
| Pretax Margin | -54.06% |
| Profit Margin | -54.67% |
| EBITDA Margin | -46.95% |
| EBIT Margin | -49.32% |
| FCF Margin | -36.07% |
Dividends & Yields
FRGT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1,437.26% |
| Shareholder Yield | -1,437.26% |
| Earnings Yield | -272.78% |
| FCF Yield | -179.97% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 5, 2024. It was a reverse split with a ratio of 1:10.
| Last Split Date | Feb 5, 2024 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
FRGT has an Altman Z-Score of -5.68 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -5.68 |
| Piotroski F-Score | 2 |