Freightos reports Q3 2025 metrics above expectations

Freightos Limited (NASDAQ: CRGO) reported preliminary third-quarter 2025 key performance indicators that exceeded management expectations, according to a company statement.

The digital freight booking platform recorded 429,000 transactions in the third quarter, surpassing management's projected range of 419,000 to 425,000. This represented a 27% year-over-year increase, above the expected growth rate of 24% to 25%.

Gross booking value reached $336 million, exceeding the anticipated range of $329 million to $333 million. The metric grew 54% compared to the same period last year, outpacing management's forecast of 51% to 53% growth.

The company reported 77 carriers were active on its platforms with more than five bookings during the quarter. Unique buyer users totaled 20,600, reflecting growth in WebCargo users partially offset by a reduction in North American customs clearance users.

"The powerful network effects of our platform are clearly visible in this quarter's KPIs," said Zvi Schreiber, CEO of Freightos. "As the leading digital freight booking platform, Freightos creates a virtuous cycle where each new participant - whether carrier, forwarder, or shipper - enhances the value for all others."

Freightos plans to release full third-quarter earnings results on November 17, 2025, before market open. The company will host a conference call at 8:30 a.m. EDT the same day to discuss the results.

The figures reported are preliminary and subject to change with the full earnings release, according to the company statement.

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