Comment / Cash-burning Freightos – numbers vs promises

If you listened to the calls of all the major actors in transport and logistics (T&L) during the earnings season that has just ended, you’d know that the Middle East crisis barely affected their financial performances during the first quarter (Q1 26).

Booking platform Freightos (CRGO) is different.

Mixed

For one thing, it processed 425,000 transactions in Q1 26, and that implied a growth rate of only “15% year over year, but below our 20% plus target”, its management team remarked in a ...