Freight Technologies, Inc. (FRGT)
| Market Cap | 233.02M |
| Revenue (ttm) | 17.06M |
| Net Income (ttm) | -9.33M |
| Shares Out | 164.10M |
| EPS (ttm) | -194.87 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 84,548 |
| Open | 1.490 |
| Previous Close | 1.520 |
| Day's Range | 1.390 - 1.510 |
| 52-Week Range | 1.350 - 350.000 |
| Beta | 1.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 3, 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, Freight Technologies'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
Freight Technologies' Waavely Platform Sees Early Adoption Following Successful Launch
HOUSTON, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...
Freight Technologies Regains Compliance with Nasdaq Listing Requirements
HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...
InnoTrans 2024: CRRC Showcases Next-Gen Freight Technologies
Leading the Charge in Efficient, Sustainable Heavy Haulage BERLIN , Sept. 26, 2024 /PRNewswire/ -- At this year's InnoTrans, CRRC Corporation Limited ("CRRC", SHA: 601766) took center stage with its ...
Freight Technologies Announces 1-for-25 Reverse Stock Split
HOUSTON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology...
Freight Technologies Secures Win with Bayer
Fr8App expands cross-border truckload services with several lanes awarded by Bayer CropScience LP Fr8App expands cross-border truckload services with several lanes awarded by Bayer CropScience LP
Freight Technologies Reports Strong Preliminary 2024 Mid-Year Results and Announces Exciting Advances in its Product Offerings
Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Year Performance Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Yea...
Freight Technologies Announces Extinguishment of $1.1M of Outstanding Debt and Convertible Notes
HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology company offering its custom-developed Fr8App, an industry-leading freigh...
Freight Technologies Launches Waavely, a Revolutionary Digital Ocean Freight Platform
HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies”),a technology-driven logistics company offering Fr8App, its proprietary and in...
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...
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...
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...
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...
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
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
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...
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
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...
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,...
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...
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...
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...
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...
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
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
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