Freight Technologies, Inc. (FRGT)
Market Cap | 4.78M |
Revenue (ttm) | 17.06M |
Net Income (ttm) | -9.33M |
Shares Out | 14.37M |
EPS (ttm) | -7.79 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 456,195 |
Open | 0.311 |
Previous Close | 0.319 |
Day's Range | 0.311 - 0.340 |
52-Week Range | 0.310 - 14.000 |
Beta | 1.67 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jul 16, 2024 |
About FRGT
Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in... [Read more]
Financial Performance
In 2023, FRGT's revenue was $17.06 million, a decrease of -34.10% compared to the previous year's $25.89 million. Losses were -$9.33 million, 13.9% more than in 2022.
Financial StatementsNews
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Freight Technologies, Inc. Expands Business Relationship with Amazon Mexico
HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), (“Fr8Tech”), a technology driven logistics company powered by its proprietary AI and machine learning Fr8App platf...
![](https://cdn.snapi.dev/images/v1/m/o/press10-2479730.jpg)
Freight Technologies Inc. Participates in Chardan's Transport Platform Tech Series
Our platform makes the process of delivering goods more efficient by bringing intuitive technology to handle operations in a more streamlined way Our platform makes the process of delivering goods mor...
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Freight Technologies Adds 26 New Customers and 149 New Carriers in 2024
HOUSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (“Freight Technologies”, “Fr8Tech” or the “Company”) (NASDAQ: FRGT), an innovative logistics technology solutions company offering...
![](https://cdn.snapi.dev/images/v1/t/y/press3-2447913.jpg)
Freight Technologies, Inc., receives notification from NASDAQ
HOUSTON, May 24, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process and...
![](https://cdn.snapi.dev/images/v1/d/z/press1-2422441.jpg)
Freight Technologies, Inc. Reports Financial Results for Fiscal Year 2023
Annual revenue of $17.1 million with 48% year-over-year growth for Fr8Fleet Annual revenue of $17.1 million with 48% year-over-year growth for Fr8Fleet
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Freight Technologies, Inc. Reports 30% Year-over-Year Revenue Growth and Strong Fr8Fleet Volumes for Q1 2024
30% Year-over-Year Total Revenue Growth and 278% Year-over-Year Volume Growth in Fr8Fleet 30% Year-over-Year Total Revenue Growth and 278% Year-over-Year Volume Growth in Fr8Fleet
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Fr8App Selected by Grupo Solave for Cross-Border Logistics Services
HOUSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform offer...
![](https://cdn.snapi.dev/images/v1/r/i/press19-2339739.jpg)
Freight Technologies, Inc. Preliminary Results for Q4 2023 Show Strong Revenue Growth
Results include 16% Year-over-Year Revenue Growth and Year-over-Year YTD Margin Improvement Results include 16% Year-over-Year Revenue Growth and Year-over-Year YTD Margin Improvement
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Fr8App's Innovative Platform Transforms Cross-Border Shipping for Riisa
Freight Technologies streamlines logistics for timely and flawless deliveries, saving time and costs Freight Technologies streamlines logistics for timely and flawless deliveries, saving time and cost...
![](https://cdn.snapi.dev/images/v1/b/t/press6-2293018.jpg)
Fr8App Awarded Key Routes with Envases Universales
Fr8App Secures Strategic Routes with Envases Universales for Logistics Services, Valued at More Than $5 Million Dollars Fr8App Secures Strategic Routes with Envases Universales for Logistics Services,...
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Fr8Tech Regains Compliance with Nasdaq's Minimum Bid Price Listing Rule
HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed, industry-leading Fr8App freight-matching platform offers...
![](https://cdn.snapi.dev/images/v1/j/t/press1-2279623.jpg)
Fr8App Showcased at Geotab Connect 2024
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform pow...
![](https://cdn.snapi.dev/images/v1/b/e/press3-2241859.jpg)
Freight Technologies, Inc. Announces Key Leadership Changes
Embarking on a New Chapter: Freight Technologies Inc. elevates former CFO Paul Freudenthaler to Board Director and welcomes Don Quinby as the new CFO, setting the stage for continued success and growt...
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Freight Technologies Inc. Secures Contract with Kawasaki
HOUSTON, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technology company specializing in the development of innovative solutions to optimize and automate...
![](https://cdn.snapi.dev/images/v1/t/a/press9-2208917.jpg)
Freight Technologies, Inc. Announces Conversion of $3.55M Convertible Debt to Equity
Investor converts $3.55 million of convertible debt into preferred share equity Investor converts $3.55 million of convertible debt into preferred share equity
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Freight Technologies, Inc. Selected for Amazon Mexico Business
Amazon Selects Fr8App Technology for Logistics Solutions in High-Demand Season Amazon Selects Fr8App Technology for Logistics Solutions in High-Demand Season
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Freight Technologies, Inc. Announces Strong Q3 Preliminary Earnings
Results include 27% Annualized Revenue Growth and 27% Year-over-Year YTD Margin Increase Results include 27% Annualized Revenue Growth and 27% Year-over-Year YTD Margin Increase
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Fr8Tech's CEO Shares Open Letter Addressing Shareholders' Concerns
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powe...
![](https://cdn.snapi.dev/images/v1/f/f/press9-2119231.jpg)
Freight Technologies Inc. Secures Major Win with Leading Global Pharmaceutical Giant
Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical giant Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical gian...
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Fr8App Announces New Integration with Geotab's Open API for Improved Shipment Visibility
Empowering Shippers and Carriers with Unprecedented Efficiency and Tracking Capabilities HOUSTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technolog...
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Freight Technologies Inc. (FRGT) Reports Record Capacity Levels from Fr8Fleet
Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels
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Freight Technologies, Inc. (FRGT) Bid Price Deficiency
HOUSTON, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process an...
![](https://cdn.snapi.dev/images/v1/f/a/press6-2021105.jpg)
Freight Technologies, Inc. Reports Strong Q2 Earnings with 29% Revenue Growth and 93% Margin Increase
HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered b...
![](https://cdn.snapi.dev/images/v1/5/y/press20-1986220.jpg)
Freight Technologies' Fr8App Platform, Joins AMACARGA, Strengthening Its Position as a Leader in the Logistics Industry
Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape
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Freight Technologies, Inc. Completes Trucker Tools Integration, Significantly Expanding Network Scope and Reach
Fr8App Integration with Trucker Tools Brings New Efficiency to Logistics Operation Fr8App Integration with Trucker Tools Brings New Efficiency to Logistics Operation