Solid results in '24 and a good start to '25, says bullish Hapag-Lloyd CEO
German container shipping line Hapag-Lloyd appears to have slightly lost market share last year, today ...
UPDATED 28.11.24 TO INCLUDE FREIGHTOS INPUT AND REMOVE REFERENCE TO GUILLAUME HALLEUX
Freightos’ share price fell yesterday as it announced a Q3 operating loss of $4.9m, albeit an improvement on 2023’s Q3 loss of $9.3m.
But while it continues to be unprofitable, revenues rose to $6.2m in the quarter, up 21% from a year earlier. Adjusted ebitda came in at -$2.8m, up from a loss of $4.1m a year earlier. It has $41.3m in cash in the bank.
Freightos is now one of ...
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