Freight Stock (NASDAQ:FRGT)

Revenue Financials Chart

Previous Close

$3.96

52W Range

$2.52 - $56.50

50D Avg

$3.95

200D Avg

$11.30

Market Cap

$401.47K

Avg Vol (3M)

$214.71K

Beta

0.94

Div Yield

FRGT Company Profile

Freight Technologies, Inc. is a technology company focused on enhancing transportation logistics. Operating through its subsidiary, Freight App, Inc., the company provides an AI and machine learning-powered business-to-business (B2B) marketplace for cross-border shipping within the NAFTA region. Its proprietary Fr8App platform effectively links freight carriers with shippers, boosting both matching accuracy and operational efficiency. This is achieved through a suite of integrated technologies, including dynamic pricing, live tracking capabilities, a digital freight exchange, brokerage functions, and comprehensive management solutions for transportation, fleets, and capacity optimization. Formerly known as Hudson Capital Inc., the company changed its name to Freight Technologies, Inc. in May 2022 and maintains its headquarters in The Woodlands, Texas.

Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

Country

Employees

IPO Date

Aug 08, 2017

Website

FRGT Performance

Revenue Breakdown

Revenue Breakdown by Product/Service

Product/Service	Dec 25
Software	$17.73K

Fiscal year ends in Dec 24 | Currency in USD

FRGT Financial Summary

	Dec 24	Dec 23	Dec 22
Revenue	$13.73M	$17.06M	$25.89M
Operating Income	$-6.49M	$-8.26M	$-7.06M
Net Income	$-5.60M	$-9.33M	$-8.19M
EBITDA	$-5.78M	$-8.01M	$-6.95M
Basic EPS	$-6.14	$-7.79	$-20.96
Diluted EPS	$-6.14	$-7.79	$-20.96

Fiscal year ends in Dec 24 | Currency in USD

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