Freight Technologies, Inc.

NasdaqCM FRGT

Freight Technologies, Inc. Gross Profit for the Trailing 12 Months (TTM) ending December 31, 2023: USD -5.88 M

Freight Technologies, Inc. Gross Profit is USD -5.88 M for the Trailing 12 Months (TTM) ending December 31, 2023, a -324.54% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Freight Technologies, Inc. Gross Profit for the Trailing 12 Months (TTM) ending December 31, 2022 was USD -1.39 M, a 75.37% change year over year.
  • Freight Technologies, Inc. Gross Profit for the Trailing 12 Months (TTM) ending December 31, 2021 was USD -5.63 M, a -2.54% change year over year.
  • Freight Technologies, Inc. Gross Profit for the Trailing 12 Months (TTM) ending December 31, 2020 was USD -5.49 M, a -309.26% change year over year.
  • Freight Technologies, Inc. Gross Profit for the Trailing 12 Months (TTM) ending December 31, 2019 was USD 2.62 M.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NasdaqCM: FRGT

Freight Technologies, Inc.

CEO Mr. Javier Selgas
IPO Date Aug. 8, 2017
Location United States
Headquarters 2001 Timberloch Place
Employees 78
Sector Industrials
Industries
Description

Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.

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StockViz Staff

January 15, 2025

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