Financial Snapshot

Revenue
$42.95M
TTM
Gross Margin
8.5%
TTM
Net Earnings
-$17.52M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
125.06%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
$2.627M
Q4 2023
Cash
Q4 2023
P/E
-0.1820
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $17.06M $25.89M $0.00 $620.00 $1.366M $14.40M $25.12M $15.82M $7.780M $0.00
YoY Change -34.1% -100.0% -99.95% -90.51% -42.66% 58.74% 103.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $17.06M $25.89M $0.00 $620.00 $1.366M $14.40M $25.12M $15.82M $7.780M $0.00
Cost Of Revenue $15.71M $23.63M $0.00 $0.00 $120.00 $655.0K $729.8K $380.1K $240.0K $0.00
Gross Profit $1.351M $2.263M $0.00 $620.00 $1.366M $13.75M $24.39M $15.44M $7.550M $0.00
Gross Profit Margin 7.92% 8.74% 100.0% 99.99% 95.45% 97.09% 97.6% 97.04%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin $3.244M $4.118M $2.495M $4.134M $1.994M $12.24M $3.541M $1.594M $1.720M $220.0K
YoY Change -21.23% 65.03% -39.64% 107.32% -83.71% 245.67% 122.15% -7.32% 681.82%
% of Gross Profit 240.12% 181.96% 666751.61% 145.94% 89.04% 14.52% 10.32% 22.78%
Research & Development $0.00 $0.00 $3.513M $92.68K $0.00
YoY Change -100.0% 3689.93%
% of Gross Profit 0.0% 0.0% 25.55% 0.38% 0.0%
Depreciation & Amortization $404.6K $243.3K $3.200K $1.180K $62.36K $59.91K $39.31K $9.980K $10.00K $0.00
YoY Change 66.27% 7504.19% 171.19% -98.11% 4.09% 52.4% 293.89% -0.2%
% of Gross Profit 29.95% 10.75% 190.32% 4.56% 0.44% 0.16% 0.06% 0.13%
Operating Expenses $3.244M $4.118M $2.495M $4.134M $1.994M $15.75M $3.782M $1.895M $1.720M $220.0K
YoY Change -21.23% 65.03% -39.64% 107.32% -87.34% 316.53% 99.56% 10.19% 681.82%
Operating Profit -$8.261M -$7.062M -$2.495M -$4.133M -$627.7K -$2.006M $20.60M $13.55M $5.830M -$220.0K
YoY Change 16.99% 183.0% -39.63% 558.51% -68.71% -109.74% 52.1% 132.36% -2750.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense $807.9K $907.0K $760.00 $365.0K $2.192M $6.481M $4.084M $2.795M $1.950M $0.00
YoY Change -10.92% 119243.82% -99.79% -83.35% -66.17% 58.69% 46.1% 43.35%
% of Operating Profit 19.82% 20.64% 33.45%
Other Income/Expense, Net -$498.9K -$128.1K $349.0K $38.87K -$5.611M -$510.2K -$7.060K -$520.00 -$740.0K $0.00
YoY Change 289.63% -136.69% 797.92% -100.69% 999.86% 7126.63% 1257.69% -99.93%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income -$9.223M -$8.097M -$2.146M -$9.075M -$61.99M -$5.521M $24.68M $16.34M $7.480M -$220.0K
YoY Change 13.91% 277.37% -76.36% -85.36% 1022.81% -122.37% 51.03% 118.47% -3500.0%
Income Tax $104.9K $90.51K $0.00 $0.00 $7.240K -$1.702M $633.3K $2.453M $1.870M -$50.00K
% Of Pretax Income 2.57% 15.01% 25.0%
Net Earnings -$9.328M -$8.187M -$2.146M -$9.075M -$62.00M -$3.819M $24.05M $13.89M $5.610M -$160.0K
YoY Change 13.93% 281.59% -76.36% -85.36% 1523.46% -115.88% 73.15% 147.57% -3606.25%
Net Earnings / Revenue -54.67% -31.62% -1463766.13% -4537.09% -26.51% 95.75% 87.78% 72.11%
Basic Earnings Per Share -$7.79 -$2.10 -$10.53
Diluted Earnings Per Share -$7.79 -$2.10 -$718.2K -$3.117M -$30.84M -$1.899M $12.67M $6.642M $26.71 -$0.76

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments $1.560M $1.013M $221.3K $3.274M $13.57K $2.417M $27.17M $1.880M $460.0K $0.00
YoY Change 54.0% 357.73% -93.24% 24028.89% -99.44% -91.1% 1344.63% 308.79%
Cash & Equivalents $1.560M $1.013M $221.3K $3.274M $13.57K $1.579M $27.17M $1.880M $460.0K $0.00
Short-Term Investments $0.00 $837.8K
Other Short-Term Assets $1.884M $1.572M $27.33K $9.470K $17.05K $41.28K $306.5K $312.2K $0.00 $50.00K
YoY Change 19.86% 5651.37% 188.6% -44.46% -58.7% -86.53% -1.84% -100.0%
Inventory
Prepaid Expenses
Receivables $5.360M $4.983M $0.00 $0.00 $7.260K $18.84M $6.290M $8.089M $4.870M $0.00
Other Receivables $962.0K $1.891M $2.506M $186.9K $5.523M $43.49M $42.22M $19.33M $25.05M $0.00
Total Short-Term Assets $9.766M $9.459M $2.754M $3.471M $5.561M $64.78M $75.98M $29.61M $30.38M $60.00K
YoY Change 3.25% 243.41% -20.64% -37.59% -91.42% -14.74% 156.59% -2.52% 50533.33%
Property, Plant & Equipment $47.00K $27.61K $11.07K $108.5K $1.500K $250.9K $222.1K $28.78K $40.00K $10.00K
YoY Change 70.23% 149.41% -89.79% 7131.33% -99.4% 12.94% 671.86% -28.05% 300.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.000K $18.17K
YoY Change -55.97%
Other Assets $81.00K $154.1K $0.00 $3.030K $4.580K $1.807M $816.0K $208.7K $220.0K $240.0K
YoY Change -47.42% -100.0% -33.84% -99.75% 121.43% 290.97% -5.14% -8.33%
Total Long-Term Assets $913.0K $956.9K $11.08K $112.3K $8.030K $2.061M $3.219M $240.3K $260.0K $240.0K
YoY Change -4.58% 8535.92% -90.13% 1298.63% -99.61% -35.97% 1239.86% -7.6% 8.33%
Total Assets $10.68M $10.42M $2.765M $3.583M $5.569M $66.85M $79.20M $29.85M $30.64M $300.0K
YoY Change
Accounts Payable $1.876M $1.981M $0.00 $71.14K
YoY Change -5.28% -100.0%
Accrued Expenses $2.881M $1.795M $0.00 $416.2K $1.184M $807.3K $3.681M $1.517M $570.0K $60.00K
YoY Change 60.54% -100.0% -64.86% 46.69% -78.07% 142.61% 166.15% 850.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.820M $3.347M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -15.75%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.810M $7.284M $122.4K $1.824M $2.089M $1.964M $7.874M $4.464M $2.320M $470.0K
YoY Change 7.22% 5853.53% -93.29% -12.69% 6.37% -75.06% 76.39% 92.41% 393.62%
Long-Term Debt $242.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $1.128M $959.9K
YoY Change -100.0% 17.51%
Total Long-Term Liabilities $242.0K $0.00 $0.00 $1.128M $959.9K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 17.51%
Total Liabilities $8.052M $7.284M $122.4K $2.952M $3.049M $1.964M $8.088M $4.464M $2.320M $470.0K
YoY Change 10.54% 5853.53% -95.86% -3.19% 55.24% -75.72% 81.18% 92.41% 393.62%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 1.197M shares 3.906M shares 778.4K shares
Diluted Shares Outstanding 1.197M shares 390.6K shares 77.84K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $3.1881 Million

About Freight Technologies, Inc.

Freight Technologies Inc is a US-based company operating in Air Freight & Logistics industry. The company is headquartered in The Woodlands, Texas and currently employs 78 full-time employees. The company went IPO on 2017-08-08. Freight Technologies, Inc. is a technology company developing solutions to optimize and automate the supply chain process. The firm provides a freight-matching platform powered by artificial intelligence (AI) and machine-learning and offers a real-time portal for business-to-business (B2B) cross-border shipping and domestic shipping within the United States, Mexico, Canada Agreement (USMCA) region. The company operates under three brands, Fr8App, Fr8Fleet and Fr8NOW. Fr8App uses its technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via specialized technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions. Fr8fleet is a digital platform for enterprise customers to handle truck services and operations for regular and ongoing shipping and logistics. Fr8NOW is its less-than-truckload (LTL) business.

Industry: Arrangement of Transportation of Freight & Cargo Peers: Cannagistics Inc. Air Transport Services Group, Inc. AIR T INC RADIANT LOGISTICS, INC JANEL CORP Transportation & Logistics Systems, Inc. UNITED PARCEL SERVICE INC