Freight Technologies, Inc. (FRGT)

NASDAQ: FRGT · Real-Time Price · USD
1.260
-0.030 (-2.33%)
At close: Feb 21, 2025, 4:00 PM
1.300
+0.040 (3.17%)
After-hours: Feb 21, 2025, 5:11 PM EST
-2.33%
Market Cap 6.40M
Revenue (ttm) 17.57M
Net Income (ttm) -9.30M
Shares Out 5.08M
EPS (ttm) -55.82
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,133
Open 1.280
Previous Close 1.290
Day's Range 1.220 - 1.280
52-Week Range 1.170 - 67.250
Beta 1.20
Analysts n/a
Price Target n/a
Earnings Date Mar 4, 2025

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]

Sector Technology
Founded 2015
Employees 78
Stock Exchange NASDAQ
Ticker Symbol FRGT
Full Company Profile

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 Statements

News

Freight Technologies Announces Updates to its Board of Directors

HOUSTON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...

23 hours ago - GlobeNewsWire

Freight Technologies Launches Transportation Management System for USMCA Region

Freight Technologies launched a transportation management system (TMS) designed for brokers, shippers and other logistics operators working across the United States-Mexico-Canada Agreement (USMCA) reg...

7 days ago - PYMNTS

Freight Technologies Announces Commercial Launch of Fleet Rocket

Fleet Rocket is a new Transportation Management System (TMS) that redefines freight operations management across the USMCA region Fleet Rocket is a new Transportation Management System (TMS) that rede...

12 days ago - GlobeNewsWire

Freight Technologies Advances Transformation to Accelerate Innovation, Reduce Costs, and Drive Growth

-Fr8Tech's Transportation Management System (TMS) to formally launch in February -Company announces workforce reduction to create operational efficiencies and align resources HOUSTON, Feb. 07, 2025 (G...

15 days ago - GlobeNewsWire

Freight Technologies Completes $3 Million Private Placement Offering of Convertible Preferred Stock

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a div...

19 days ago - GlobeNewsWire

Freight Technologies Renews Multi-Year Logistics Services Agreement with Kimberly-Clark de México

HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...

5 weeks ago - GlobeNewsWire

Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024

HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a di...

6 weeks ago - GlobeNewsWire

Freight Technologies Announces Change of Auditor

HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a div...

6 weeks ago - GlobeNewsWire

Freight Technologies Announces Adjournment of Annual Meeting of Stockholders

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...

2 months ago - GlobeNewsWire

Freight Technologies Selected by Nestlé Mexico to Provide Domestic Logistics Services

HOUSTON, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...

2 months ago - GlobeNewsWire

Freight Technologies Provides Update on its Public Filings Procedures

HOUSTON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-...

2 months ago - GlobeNewsWire

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-...

3 months ago - GlobeNewsWire

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-...

4 months ago - GlobeNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire