Freightos Reports Third Quarter Results with Revenue Growth and Progress Toward Profitability
"We are pleased with our third quarter results, marking the 15th straight quarter of robust growth in the number of transactions.
- "We are pleased with our third quarter results, marking the 15th straight quarter of robust growth in the number of transactions.
- "During the quarter, we enhanced our offerings with key features and expanded our network of buyers and sellers.
- "We're encouraged by the progress toward profitability in the third quarter, which confirms the effectiveness of our operational efficiency plan launched in July," said Ran Shalev, CFO of Freightos.
- Total Platform revenue in the third quarter was $1.8 million, at the same level as the third quarter last year, and Solutions revenue was $3.3 million, up 14% year over year.