Freight Technologies, Inc.FRGTEarnings & Financial Report
A freight forwarder or forwarding agent is a person or a company who co-ordinates and organizes the movement of shipments on behalf of a shipper by liaising with carriers. The carriers may use a variety of shipping modes, including ships, airplanes, trucks, and railroads, and often use multiple modes for a single shipment. A freight forwarder does not move the goods but acts as an agent in the logistics network and will carry out freight consolidation, rate negotiations, shipment tracking, cu...
FRGT Q2 FY2025 Key Financial Metrics
Revenue
$3.0M
Gross Profit
N/A
Operating Profit
$-1.5M
Net Profit
$649.2K
Gross Margin
N/A
Operating Margin
-49.2%
Net Margin
21.7%
YoY Growth
N/A
EPS
$0.02
Freight Technologies, Inc. Q2 FY2025 Financial Summary
Freight Technologies, Inc. reported revenue of $3.0M for Q2 FY2025, with a net profit of $649.2K (21.7% margin).
Key Financial Metrics
| Total Revenue | $3.0M |
|---|---|
| Net Profit | $649.2K |
| Gross Margin | N/A |
| Operating Margin | -49.2% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Freight Technologies, Inc. Q2 FY2025 revenue of $3.0M breaks down across 2 segments, led by Frieght Transportation Brokerage at $2.1M (70.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Frieght Transportation Brokerage | $2.1M | 70.5% |
| Other | $883.4K | 29.5% |
Freight Technologies, Inc. Revenue by Segment — Quarterly Trend
Freight Technologies, Inc. revenue by segment across the last 2 reported quarters, showing how each business line (such as Frieght Transportation Brokerage and Other) has evolved quarter over quarter.
| Segment | Q2 FY2025 | Q1 FY2025 |
|---|---|---|
| Frieght Transportation Brokerage | $2.1M | $2.6M |
| Other | $883.4K | — |
Freight Technologies, Inc. Quarterly Revenue & Net Profit History
Freight Technologies, Inc. results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $3.0M | — | $649.2K | 21.7% |
| Q1 FY2025 | $4.1M | — | $-1.6M | -39.1% |
Income Statement
| Q1 2025 | Q2 2025 | |
|---|---|---|
| Revenue | $4.1M | $3.0M |
| YoY Growth | N/A | N/A |
Balance Sheet
| Q1 2025 | Q2 2025 | |
|---|---|---|
| Assets | $13.4M | $17.1M |
| Liabilities | $7.3M | $8.3M |
| Equity | $6.2M | $8.8M |
Cash Flow
| Q1 2025 | Q2 2025 | |
|---|---|---|
| Operating CF | $-3.1M | $-1.9M |