Freight Technologies, Inc. (FRGT)

Freight Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	17.06	25.89	21.47	0	1.37
Revenue Growth (YoY)	-34.10%	20.56%	3474681.72%	-99.95%	-90.51%
Cost of Revenue	15.71	23.63	19.56	0	0
Gross Profit	1.35	2.26	1.92	0	1.37
Selling, General & Admin	9.21	9.08	6.42	4.13	1.99
Other Operating Expenses	0.9	0.24	0.3	0	0
Operating Expenses	10.11	9.32	6.72	4.13	1.99
Operating Income	-8.76	-7.06	-4.81	-4.13	-0.63
Interest Expense / Income	0.81	0.91	1.14	0	0
Other Expense / Income	-0.35	0.13	2.22	4.94	61.36
Pretax Income	-9.22	-8.1	-8.16	-9.08	-61.99
Income Tax	0.1	0.09	0.04	0	0.01
Net Income	-9.33	-8.19	-8.2	-9.08	-62
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change	206.40%	401.73%	21.52%	44.84%	120.00%
EPS (Basic)	-7.79	-20.96	-105.35	-142.00	-1402.00
EPS (Diluted)	-7.79	-20.96	-105.35	-142.00	-1402.00
Free Cash Flow	-6.15	-8.85	-6.4	-3.93	-1.07
Free Cash Flow Per Share	-5.14	-22.66	-82.22	-61.30	-24.22
Gross Margin	7.92%	8.74%	8.92%	100.00%	99.99%
Operating Margin	-51.35%	-27.28%	-22.39%	-668808.74%	-45.94%
Profit Margin	-54.67%	-31.62%	-38.19%	-1468503.72%	-4537.10%
Free Cash Flow Margin	-36.07%	-34.19%	-29.80%	-635398.06%	-78.41%
EBITDA	-8.01	-6.95	-6.72	-9.07	-61.93
EBITDA Margin	-46.95%	-26.83%	-31.30%	-1468312.94%	-4532.01%
Depreciation & Amortization	0.4	0.24	0.3	0	0.06
EBIT	-8.41	-7.19	-7.02	-9.08	-61.99
EBIT Margin	-49.32%	-27.77%	-32.71%	-1468503.72%	-4536.57%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).