Freight Technologies, Inc. (FRGT)
| Market Cap | 22.04M |
| Revenue (ttm) | 13.54M |
| Net Income (ttm) | -4.95M |
| Shares Out | 9.22M |
| EPS (ttm) | -14.07 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 435,890 |
| Open | 2.600 |
| Previous Close | 2.681 |
| Day's Range | 2.210 - 2.680 |
| 52-Week Range | 2.210 - 170.000 |
| Beta | 1.02 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 16, 2025 |
About FRGT
Freight Technologies, Inc., through its subsidiary, operates as a technology company that engages in the freight management business in the United States and Mexico. It offers Fr8App platform for over-the-road business-to-business cross-border shipping; Fr8Now, a specialized service for less than truckload shipping; Fr8Fleet, a capacity service for enterprise clients; Waavely, a digital platform for ocean freight booking and management of container shipments between North America and ports worldwide; Fr8Radar to track and trace visibility for s... [Read more]
Financial Performance
In 2024, Freight Technologies's revenue was $13.73 million, a decrease of -19.53% compared to the previous year's $17.06 million. Losses were -$5.60 million, -39.95% less than in 2023.
Financial StatementsNews
Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under the $20 Million Facility
Notes now convertible into series A4 preferred shares | $1.5 million of notes converted Notes now convertible into series A4 preferred shares | $1.5 million of notes converted
Freight Technologies Announces 1-for-4 Reverse Share Split
HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-dr...
Freight Technologies Announces First Quarter 2025 Results
HOUSTON, May 20, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-d...
Freight Technologies Secures up to USD $20 Million to Create an Official Trump Token ($TRUMP) Treasury
-Capital dedicated for the strategic accumulation of Official Trump ($TRUMP) cryptocurrency- -Creates diversified crypto treasury strategy alongside recent purchase of FET tokens-
Freight Technologies Announces Full Year 2024 Results and Outlook for 2025
HOUSTON, April 14, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company offering a diverse portfolio of technology-...
Freight Technologies Announces AI Lab to Enhance Cross-Border Freight Logistics
AI Lab to enable smarter freight operations for customers by developing and integrating cognitive AI solutions
Freight Technologies Launches AI Tendering Bot to Revolutionize and Streamline Load Tendering Process
AI-Driven Innovation to Automate, Optimize, and Accelerate Load Tendering for Shippers and Brokers AI-Driven Innovation to Automate, Optimize, and Accelerate Load Tendering for Shippers and Brokers
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-...
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...
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...
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...
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...
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-...
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...
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...
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-...
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-...
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-...
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...