Freight Technologies, Inc. (FRGT)
Market Cap | 3.41M |
Revenue (ttm) | 17.06M |
Net Income (ttm) | -9.33M |
Shares Out | 14.37M |
EPS (ttm) | -7.79 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,449,624 |
Open | 0.242 |
Previous Close | 0.242 |
Day's Range | 0.230 - 0.250 |
52-Week Range | 0.231 - 14.000 |
Beta | 1.55 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jul 30, 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, FRGT'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 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...
![](https://cdn.snapi.dev/images/v1/m/o/press10-2479730.jpg)
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
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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...
![](https://cdn.snapi.dev/images/v1/r/i/press19-2339739.jpg)
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
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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...
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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,...
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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...
![](https://cdn.snapi.dev/images/v1/j/t/press1-2279623.jpg)
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...
![](https://cdn.snapi.dev/images/v1/b/e/press3-2241859.jpg)
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...
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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...
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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
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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
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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
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Fr8Tech's CEO Shares Open Letter Addressing Shareholders' Concerns
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powe...
![](https://cdn.snapi.dev/images/v1/f/f/press9-2119231.jpg)
Freight Technologies Inc. Secures Major Win with Leading Global Pharmaceutical Giant
Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical giant Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical gian...
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Fr8App Announces New Integration with Geotab's Open API for Improved Shipment Visibility
Empowering Shippers and Carriers with Unprecedented Efficiency and Tracking Capabilities HOUSTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech''), a technolog...
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Freight Technologies Inc. (FRGT) Reports Record Capacity Levels from Fr8Fleet
Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels Fr8Fleet capacity up 60.8% year over year in August and 55.7% versus prior YTD levels
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Freight Technologies, Inc. (FRGT) Bid Price Deficiency
HOUSTON, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, Fr8Tech or Company), a technology company developing solutions to optimize and automate the supply chain process an...
![](https://cdn.snapi.dev/images/v1/f/a/press6-2021105.jpg)
Freight Technologies, Inc. Reports Strong Q2 Earnings with 29% Revenue Growth and 93% Margin Increase
HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered b...
![](https://cdn.snapi.dev/images/v1/5/y/press20-1986220.jpg)
Freight Technologies' Fr8App Platform, Joins AMACARGA, Strengthening Its Position as a Leader in the Logistics Industry
Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape Fr8App, Reinforcing its Commitment to Transforming the Logistics Landscape