Freight Technologies, Inc. (FRGT)

NASDAQ: FRGT · Real-Time Price · USD
1.360
-0.030 (-2.16%)
At close: Jan 17, 2025, 4:00 PM
1.330
-0.030 (-2.21%)
After-hours: Jan 17, 2025, 4:53 PM EST
-2.16%
Market Cap 6.14M
Revenue (ttm) 17.57M
Net Income (ttm) -9.30M
Shares Out 4.51M
EPS (ttm) -55.82
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 48,437
Open 1.390
Previous Close 1.390
Day's Range 1.311 - 1.414
52-Week Range 1.250 - 80.750
Beta 1.23
Analysts n/a
Price Target n/a
Earnings Date Jan 28, 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 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-...

7 days 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...

10 days 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...

10 days 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-...

5 weeks 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-...

6 weeks 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-...

6 weeks 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-...

2 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-...

3 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 ...

4 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...

4 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

4 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...

4 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...

5 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...

7 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...

7 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...

7 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...

8 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...

8 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

9 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

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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,...

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire