Freight Technologies, Inc. (FRGT)
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]
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
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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-...
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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...
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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...
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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...
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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...
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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-...
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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...
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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...
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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-...
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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-...
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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-...
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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-...
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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-...
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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 ...
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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...
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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
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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...
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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...
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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...
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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...
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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...
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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...
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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