NASDAQ : FRGT
Freight Technologies, Inc. — Financial statements
Technology · Software - Application · Mexico
Last price 1.07 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 598.68K
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Financial statements
Freight Technologies, Inc. (FRGT) reported revenue of 13.06M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.06M | 13.06M | 13.73M | 17.06M | 25.89M | 21.47M |
| Cost of Revenue | 15.94M | 15.94M | 17.74M | 21.67M | 28.59M | 23.27M |
| Gross Profit | -2.88M | -2.88M | -4.01M | -4.61M | -2.70M | -1.80M |
| Selling, General & Admin | 2.56M | 2.56M | 2.05M | 3.24M | 4.12M | 2.71M |
| Operating Expenses | 3.01M | 3.01M | 2.48M | 3.65M | 4.36M | 3.01M |
| Operating Income | -5.89M | -5.89M | -6.49M | -8.26M | -7.06M | -4.81M |
| Interest Expense | -762.40K | -762.40K | -675.63K | -816.82K | -932.01K | -1.17M |
| Interest & Investment Income | 1.77K | 8.88K | 25.00K | 34.00K | ||
| Other Non Operating Income (Expenses) | -1.19M | -1.19M | 22.60K | -153.52K | -128.05K | -2.33M |
| EBT Excluding Unusual Items | -7.85M | -7.85M | -7.14M | -9.22M | -8.10M | -8.28M |
| Other Unusual Items | 1.61M | 115.72K | ||||
| Pretax Income | -7.85M | -7.85M | -5.53M | -9.22M | -8.10M | -8.16M |
| Income Tax Expense | 52.38K | 52.38K | 67.49K | 104.95K | 90.51K | 40.26K |
| Net Income | -7.90M | -7.90M | -5.60M | -9.33M | -8.19M | -8.20M |
| Net Income to Common | -7.90M | -7.90M | -5.60M | -9.33M | -8.19M | -8.20M |
| Shares Outstanding (Basic) | 11.33K | 11.33K | ||||
| Shares Outstanding (Diluted) | 11.33K | 11.33K | ||||
| EPS (Basic) | -697.61 | -697.61 | ||||
| EPS (Diluted) | -697.61 | -697.61 | ||||
| Free Cash Flow | -4.54M | -4.54M | -4.22M | -5.83M | -8.49M | -5.94M |
| Free Cash Flow Per Share | -400.59 | -400.59 | ||||
| Gross Margin | -22.05% | -22.05% | -29.21% | -27.04% | -10.43% | -8.37% |
| Operating Margin | -45.12% | -45.12% | -47.27% | -48.42% | -27.28% | -22.39% |
| Profit Margin | -60.49% | -60.49% | -40.80% | -54.67% | -31.62% | -38.19% |
| Free Cash Flow Margin | -34.74% | -34.74% | -30.71% | -34.14% | -32.78% | -27.67% |
| EBITDA | -5.89M | -5.89M | -6.48M | -8.24M | -7.04M | -4.79M |
| EBITDA Margin | -45.05% | -45.05% | -47.17% | -48.31% | -27.21% | -22.32% |
| D&A For EBITDA | 8.81K | 8.81K | 14.08K | 19.11K | 17.89K | 16.13K |
| EBIT | -5.89M | -5.89M | -6.49M | -8.26M | -7.06M | -4.81M |
| EBIT Margin | -45.12% | -45.12% | -47.27% | -48.42% | -27.28% | -22.39% |
| Advertising Expenses | 13.54K | 13.54K | 556.00 | 46.73K | 43.30K | 421.00 |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 346.72K | 346.72K | 204.03K | 1.56M | 1.01M | 3.15M |
| Cash & Short-Term Investments | 346.72K | 346.72K | 204.03K | 1.56M | 1.01M | 3.15M |
| Receivables | 3.89M | 3.89M | 4.05M | 6.32M | 6.87M | 4.15M |
| Prepaid Expenses | 2.09M | 2.09M | 792.15K | 1.27M | 1.57M | 1.05M |
| Restricted Cash | 175.00K | |||||
| Total Current Assets | 6.33M | 6.33M | 5.05M | 9.15M | 9.46M | 8.52M |
| Property, Plant & Equipment | 12.31K | 12.31K | 13.24K | 18.24K | 27.61K | 53.45K |
| Goodwill | 4.49M | 4.49M | ||||
| Other Intangible Assets | 505.38K | 505.38K | 579.65K | 777.49K | 757.03K | 598.99K |
| Other Long-Term Assets | 1.25M | 1.25M | 47.81K | 88.49K | 172.23K | 114.92K |
| Total Assets | 12.59M | 12.59M | 5.69M | 10.04M | 10.42M | 9.29M |
| Accounts Payable | 1.65M | 1.65M | 1.44M | 1.88M | 1.98M | 2.25M |
| Accrued Expenses | 1.45M | 1.45M | 1.28M | 2.24M | 1.79M | 939.11K |
| Short-Term Debt | 2.88M | 2.88M | 3.34M | 2.83M | 3.37M | 10.04M |
| Current Income Taxes Payable | 325.55K | 325.55K | 278.21K | 220.18K | 143.52K | 73.30K |
| Other Current Liabilities | 4.95M | |||||
| Total Current Liabilities | 6.30M | 6.30M | 6.35M | 7.17M | 7.28M | 18.26M |
| Long-Term Debt | 556.16K | 556.16K | 242.44K | |||
| Other Long-Term Liabilities | 405.93K | 405.93K | ||||
| Total Liabilities | 7.26M | 7.26M | 6.35M | 7.41M | 7.28M | 18.26M |
| Common Stock | 2.23K | 2.23K | 308.00 | 2.43M | 182.60K | 9.40K |
| Additional Paid-In Capital | 58.91M | 58.91M | 45.51M | 39.02M | 32.90M | 12.87M |
| Retained Earnings | -52.82M | -52.82M | -44.92M | -39.32M | -29.99M | -21.80M |
| Comprehensive Income & Other | -768.41K | -768.41K | -1.25M | 491.89K | 38.97K | -49.91K |
| Shareholders' Equity | 5.33M | 5.33M | -654.76K | 2.63M | 3.13M | -8.97M |
| Total Liabilities & Equity | 12.59M | 12.59M | 5.69M | 10.04M | 10.42M | 9.29M |
| Total Debt | 3.44M | 3.44M | 3.34M | 3.08M | 3.37M | 10.04M |
| Net Cash (Debt) | -3.09M | -3.09M | -3.14M | -1.52M | -2.35M | -6.89M |
| Net Cash Per Share | -272.75 | -272.75 | ||||
| Filing Date Shares Outstanding | 485.47K | 485.47K | 34.45K | 3.29M | 709.21K | 3.00 |
| Total Common Shares Outstanding | 485.47K | 485.47K | 34.45K | 3.29M | 709.21K | 14.31M |
| Working Capital | 31.38K | 31.38K | -1.30M | 1.99M | 2.17M | -9.74M |
| Book Value Per Share | 10.97 | 10.97 | -19.01 | 0.80 | 4.42 | -0.63 |
| Tangible Book Value | 333.98K | 333.98K | -1.23M | 1.85M | 2.37M | -9.57M |
| Tangible Book Value Per Share | 0.69 | 0.69 | -35.84 | 0.56 | 3.35 | -0.67 |
| Machinery | 119.59K | 119.59K | 108.11K | 106.04K | 94.32K | 102.39K |
| Leasehold Improvements | 4.76K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -7.90M | -7.90M | -5.60M | -9.33M | -8.19M | -8.20M |
| Depreciation & Amortization | 8.81K | 8.81K | 14.08K | 19.11K | 17.89K | 16.13K |
| Other Amortization | 440.56K | 440.56K | 416.33K | 385.49K | 765.42K | 878.84K |
| Stock-Based Compensation | 883.33K | 883.33K | 981.02K | 1.15M | 1.49M | 235.40K |
| Other Operating Activities | 1.10M | 1.10M | -1.63M | 233.01K | 128.05K | 2.53M |
| Change in Accounts Receivable | 606.71K | 606.71K | 1.45M | 1.12M | -2.60M | -1.53M |
| Change in Accounts Payable | 68.16K | 68.16K | -272.32K | -181.88K | -292.52K | 526.38K |
| Change in Income Taxes | 47.33K | 47.33K | 58.03K | 76.66K | 70.22K | 40.26K |
| Change in Other Net Operating Assets | 219.64K | 219.64K | 373.37K | 734.92K | 143.66K | -428.30K |
| Operating Cash Flow | -4.53M | -4.53M | -4.21M | -5.79M | -8.47M | -5.93M |
| Capital Expenditures | -6.07K | -6.07K | -9.57K | -34.72K | -16.91K | -12.53K |
| Cash Acquisitions | 6.85K | 6.85K | ||||
| Sale (Purchase) of Intangibles | -303.09K | -303.09K | -336.15K | -328.64K | -363.67K | -457.87K |
| Investing Cash Flow | -302.31K | -302.31K | -345.72K | -363.37K | -380.58K | -470.40K |
| Short-Term Debt Issued | 16.21M | 16.21M | 17.78M | 18.86M | 24.57M | 22.33M |
| Long-Term Debt Issued | 880.00K | 880.00K | 7.67M | 3.61M | ||
| Total Debt Issued | 17.09M | 17.09M | 17.78M | 26.53M | 24.57M | 25.93M |
| Short-Term Debt Repaid | -14.86M | -14.86M | -16.61M | -19.73M | -23.35M | -19.29M |
| Total Debt Repaid | -14.86M | -14.86M | -16.61M | -19.73M | -23.35M | -19.29M |
| Net Debt Issued (Repaid) | 2.24M | 2.24M | 1.16M | 6.80M | 1.22M | 6.64M |
| Issuance of Common Stock | 3.46M | 3.46M | 3.21M | 2.55M | 191.46K | |
| Other Financing Activities | -880.00K | -880.00K | -131.06K | -3.19M | ||
| Financing Cash Flow | 4.81M | 4.81M | 4.24M | 6.80M | 6.57M | 6.83M |
| Foreign Exchange Rate Adjustments | 165.46K | 165.46K | -1.05M | -99.56K | -37.18K | -46.58K |
| Net Cash Flow | 142.69K | 142.69K | -1.36M | 547.11K | -2.31M | 386.50K |
| Free Cash Flow | -4.54M | -4.54M | -4.22M | -5.83M | -8.49M | -5.94M |
| Free Cash Flow Margin | -34.74% | -34.74% | -30.71% | -34.14% | -32.78% | -27.67% |
| Free Cash Flow Per Share | -400.59 | -400.59 | ||||
| Levered Free Cash Flow | -3.86M | -3.86M | -2.00M | -3.21M | -10.48M | 569.41K |
| Unlevered Free Cash Flow | -3.38M | -3.38M | -1.58M | -2.70M | -10.44M | 707.85K |
| Cash Interest Paid | 705.96K | 705.96K | 675.63K | 816.82K | 392.02K | 263.79K |
| Change in Working Capital | 941.85K | 941.85K | 1.61M | 1.75M | -2.68M | -1.39M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 598.68K | 36.79M | 6.22B | 2.71B | 371.63B | |
| Enterprise Value | 3.69M | 39.81M | 6.22B | 2.71B | 371.63B | |
| Last Close Price | 1.07 | 84.00 | 1,890.00 | 84,025.00 | 573,250.00 | |
| PS Ratio | 0.05 | 2.82 | 452.77 | 159.00 | 14,355.10 | |
| PB Ratio | 0.10 | 6.91 | -9,493.62 | 1,032.58 | 118,676.51 | |
| P/TBV Ratio | 1.79 | 110.15 | 1,466.66 | 156,513.42 | ||
| EV/Sales Ratio | 0.28 | 3.05 | 452.88 | 159.07 | 14,355.23 | |
| Debt / Equity Ratio | 0.65 | 0.65 | -5.11 | 1.17 | 1.07 | -1.12 |
| Net Debt / Equity Ratio | 0.58 | 0.58 | -4.79 | 0.58 | 0.75 | -0.77 |
| Net Debt / EBITDA Ratio | -0.53 | -0.53 | -0.48 | -0.18 | -0.33 | -1.44 |
| Net Debt / FCF Ratio | -0.68 | -0.68 | -0.74 | -0.26 | -0.28 | -1.16 |
| Asset Turnover | 1.43 | 1.43 | 1.75 | 1.67 | 2.63 | 2.70 |
| Quick Ratio | 0.67 | 0.67 | 0.67 | 1.10 | 1.08 | 0.40 |
| Current Ratio | 1.00 | 1.00 | 0.80 | 1.28 | 1.30 | 0.47 |
| Return on Equity (ROE) | -338.28% | -338.28% | -568.01% | -323.96% | ||
| Return on Assets (ROA) | -40.30% | -40.30% | -51.58% | -50.49% | -44.80% | -37.82% |
| Return on Capital Employed (ROCE) | -93.70% | -93.70% | 991.20% | -287.90% | -225.50% | 53.60% |
| Earnings Yield | -65,196.77% | -21.48% | -0.09% | -0.34% | -0.00% | |
| FCF Yield | -757.90% | -12.33% | -0.07% | -0.21% | -0.00% |