Freight Technologies Statistics

Total Valuation

FRGT has a market cap or net worth of $3.82 million. The enterprise value is $5.34 million.

Market Cap	3.82M
Enterprise Value	5.34M

Important Dates

The next estimated earnings date is Tuesday, July 30, 2024.

Earnings Date	Jul 30, 2024
Ex-Dividend Date	n/a

Share Statistics

FRGT has 14.37 million shares outstanding. The number of shares has increased by 1,437.26% in one year.

Shares Outstanding	14.37M
Shares Change (YoY)	+1,437.26%
Shares Change (QoQ)	+80.17%
Owned by Insiders (%)	0.48%
Owned by Institutions (%)	2.73%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.22
Forward PS	n/a
PB Ratio	1.46
P/FCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.31
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.25, with a Debt / Equity ratio of 1.17.

Current Ratio	1.25
Quick Ratio	1.01
Debt / Equity	1.17
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-10.42

Financial Efficiency

Return on equity (ROE) is -324.00% and return on invested capital (ROIC) is -153.63%.

Return on Equity (ROE)	-324.00%
Return on Assets (ROA)	-88.40%
Return on Capital (ROIC)	-153.63%
Revenue Per Employee	$218,728
Profits Per Employee	-$119,585
Employee Count	78
Asset Turnover	1.62
Inventory Turnover	n/a

Taxes

In the past 12 months, FRGT has paid $104,948 in taxes.

Income Tax	104,948
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -96.60% in the last 52 weeks. The beta is 1.55, so FRGT's price volatility has been higher than the market average.

Beta (5Y)	1.55
52-Week Price Change	-96.60%
50-Day Moving Average	0.51
200-Day Moving Average	1.96
Relative Strength Index (RSI)	25.23
Average Volume (20 Days)	1,312,379

Short Selling Information

The latest short interest is 160,061, so 1.11% of the outstanding shares have been sold short.

Short Interest	160,061
Short Previous Month	109,144
Short % of Shares Out	1.11%
Short % of Float	n/a
Short Ratio (days to cover)	0.01

Income Statement

In the last 12 months, FRGT had revenue of $17.06 million and -$9.33 million in losses. Loss per share was -$7.79.

Revenue	17.06M
Gross Profit	1.35M
Operating Income	-8.76M
Pretax Income	-9.22M
Net Income	-9.33M
EBITDA	-8.01M
EBIT	-8.41M
Loss Per Share	-$7.79

Full Income Statement

Balance Sheet

The company has $1.56 million in cash and $3.08 million in debt, giving a net cash position of -$1.52 million or -$0.11 per share.

Cash & Cash Equivalents	1.56M
Total Debt	3.08M
Net Cash	-1.52M
Net Cash Per Share	-$0.11
Equity (Book Value)	2.63M
Book Value Per Share	0.18
Working Capital	1.96M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$5.79 million and capital expenditures -$363,369, giving a free cash flow of -$6.15 million.

Operating Cash Flow	-5.79M
Capital Expenditures	-363,369
Free Cash Flow	-6.15M
FCF Per Share	-$5.14

Full Cash Flow Statement

Margins

Gross margin is 7.92%, with operating and profit margins of -51.35% and -54.67%.

Gross Margin	7.92%
Operating Margin	-51.35%
Pretax Margin	-54.06%
Profit Margin	-54.67%
EBITDA Margin	-46.95%
EBIT Margin	-49.32%
FCF Margin	-36.07%

Dividends & Yields

FRGT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1,437.26%
Shareholder Yield	-1,437.26%
Earnings Yield	-244.03%
FCF Yield	-161.00%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on February 5, 2024. It was a reverse split with a ratio of 1:10.

Last Split Date	Feb 5, 2024
Split Type	Reverse
Split Ratio	1:10

Scores

FRGT has an Altman Z-Score of -5.65 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-5.65
Piotroski F-Score	2