{"id":5652,"date":"2023-05-18T11:19:31","date_gmt":"2023-05-18T11:19:31","guid":{"rendered":"https:\/\/themes.pixelwars.org\/archy\/demo-01\/?p=5652"},"modified":"2025-04-17T19:52:22","modified_gmt":"2025-04-17T19:52:22","slug":"freightos-growth","status":"publish","type":"post","link":"https:\/\/themes.pixelwars.org\/logistra\/demo-01\/freightos-growth\/","title":{"rendered":"Freightos Growth"},"content":{"rendered":"\n

Freightos, a leading digital booking and payment platform for the international freight industry, has demonstrated significant growth in recent periods.<\/p>\n\n\n\n

Fourth Quarter and Full Year 2024 Performance<\/h2>\n\n\n\n

Transaction Growth<\/strong>: In Q4 2024, Freightos facilitated a record 350,400 transactions, marking a 22% increase compared to the same period in 2023. For the entire year, the company processed approximately 1.3 million transactions, reflecting a 27% year-over-year growth. This quarter marked the 20th consecutive quarter of record transactions, underscoring Freightos’ expanding influence in digital freight services.<\/p>\n\n\n\n

Revenue and Gross Booking Value (GBV)<\/strong>: The fourth quarter revenue reached $6.6 million, contributing to a full-year revenue increase of 17%. The GBV for Q4 2024 was $280.7 million, a 50% rise from the previous year, bringing the annual GBV to $894 million, up 33% from 2023.<\/p>\n\n\n\n

Carrier and User Expansion<\/strong>: The number of carriers on the platform grew from 55 in Q3 to 67 in Q4 2024, with notable additions like CMA CGM AIR CARGO. Post-quarter, Norwegian Cargo and WestJet Cargo also joined. Unique buyer users increased by 14% year-over-year, totaling 20,100 in Q4 2024.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Outlook for Q1 2025<\/h2>\n\n\n\n

Freightos projects continued growth in Q1 2025, anticipating:<\/p>\n\n\n\n

Revenue<\/strong>: Forecasted between $6.7 million and $6.8 million, reflecting a 25% to 27% growth.<\/p>\n\n\n\n

Transactions<\/strong>: Between 362,000 and 370,000 transactions, representing a 22% to 25% year-over-year increase.<\/p>\n\n\n\n

GBV<\/strong>: An expected range of $272 million to $280 million, indicating a 41% to 45% rise from Q1 2024.<\/p>\n\n\n\n

\n
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t.<\/p>\n\n\n\n

\"\"<\/figure>\n<\/div>\n<\/div>\n\n\n\n

The company also anticipates an adjusted EBITDA loss between $3.0 million and $3.2 million for the quarter.These figures highlight Freightos’ robust performance and its pivotal role in advancing digital solutions within the logistics sector.<\/p>\n","protected":false},"excerpt":{"rendered":"

Freightos, a leading digital booking and payment platform for the international freight industry, has demonstrated significant growth in recent periods. Fourth Quarter and Full Year 2024 Performance Transaction Growth: In Q4 2024, Freightos facilitated a record 350,400 transactions, marking a 22% increase compared to the same period in 2023. For the entire year, the company processed approximately 1.3 million transactions,… <\/p>\n

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