Freightos Ltd (CRGO) Form 6-K — Aug 17, 2026
Freightos Limited (NASDAQ: CRGO) reported record Q2 2026 revenue of $7.7 million, up 3% year-over-year and above management expectations, alongside its lowest-ever Adjusted EBITDA loss of $2.0 million, with the IFRS loss narrowing to $1.6 million from $4.3 million a year earlier. Platform activity set records: gross booking value reached $422 million, up 33% year-over-year, on 458k transactions, up 15%, aided by a stronger-than-expected recovery in Middle East shipping routes, while average air freight rates remain roughly 25% above pre-conflict levels.
Key figures
- Eps
- -$0.03 basic and diluted loss per ordinary share
- Revenue
- $7.7 million (Q2 2026 record)
- Guidance
- Q3 2026: revenue $7.7-7.8M (+1-2% YoY), transactions 481-490k (+12-14%), GBV $390-397M (+16-18%), Adjusted EBITDA -$1.3M to -$1.2M. FY 2026: revenue $30.4-31.0M (+3-5%), transactions 1,847-1,869k (+12-14%), GBV $1,533-1,560M (+19-21%), Adjusted EBITDA -$6.9M to -$6.4M; breakeven exiting 2026, cash generative by mid-2027
- Net Income
- -$1.6 million IFRS loss (vs -$4.3 million in Q2 2025)
- Revenue Yoy
- +3%
- Cash Position
- $21.4 million in cash, cash equivalents and short-term bank deposit at end of June 2026 ($13.3M cash plus $8.1M short-term deposit)
- Shares Outstanding
- 51,840,070 weighted average shares outstanding in Q2 2026
- Gbv q2 2026
- $422 million (record, +33% YoY)
- Total assets
- $55.774 million
- Active carriers
- 75
- Platform revenue
- $2.9 million (+19% YoY)
- Ifrs gross margin
- 67.6% (vs 67.1% in Q2 2025)
- Solutions revenue
- $4.8 million (-4% YoY)
- Unique buyer users
- approximately 21,000 (+4% YoY)
- Transactions q2 2026
- 458,000 (+15% YoY)
- Non ifrs gross margin
- 74.1% (vs 73.5% in Q2 2025)
- Adjusted ebitda q2 2026
- -$2.0 million (vs -$2.9 million in Q2 2025)
- H1 2026 reorganization expense
- $1.488 million
AI analysis
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