Freightos H1 FY26 loss narrows 7.84% to USD 8.09 million; revenue rises 3.23% to USD 14.85 million - CRGO News | RalliesFreightos H1 FY26 loss narrows 7.84% to USD 8.09 million; revenue rises 3.23% to USD 14.85 million
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CRGO• Freightos reports narrower loss and higher revenue
- Freightos posted a net loss of USD 8.09 million, narrowing from USD 8.78 million a year earlier.
- Revenue rose 3.23% to USD 14.85 million, lifting gross profit 3.45% to USD 9.96 million.
- Operating loss widened to USD 9.77 million from USD 9.2 million, including USD 1.49 million of reorganization expense.
- Net cash used in operating activities increased to USD 5.99 million from USD 2.53 million; cash and cash equivalents ended at USD 13.31 million.
- Management flagged a March restructuring plan cutting about 50 employees, with USD 1.53 million in charges and a USD 456,000 provision remaining.
