Freightos, a digital booking and payment platform, reported a 30% revenue increase to $6.9 million for Q1 2025, with an adjusted loss of $4.5 million. The company recorded 370,900 transactions, a 25% rise year-over-year, marking 21 consecutive quarters of growth. Gross Booking Value reached $276.1 million, up 43% from the previous year, driven by increased transaction volumes and stable freight rates. CEO Zvi Schreiber noted the importance of digital solutions amidst trade uncertainties, while CFO Pablo Pinillos confirmed confidence in their business model and outlook for continued growth in Q2 and FY2025.

Source: https://www.stattimes.com/logistics/freightos-q12025-revenue-up-30-1355346