Freight Technologies Past Earnings Performance
Past criteria checks 0/6
Freight Technologies's earnings have been declining at an average annual rate of -21.2%, while the Logistics industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 30% per year.
Key information
-21.2%
Earnings growth rate
-84.8%
EPS growth rate
| Logistics Industry Growth | 19.0% |
| Revenue growth rate | 30.0% |
| Return on equity | -355.1% |
| Net Margin | -54.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Sep 12
What You Can Learn From Freight Technologies, Inc.'s (NASDAQ:FRGT) P/S After Its 43% Share Price Crash
Jun 20With A 43% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
May 06With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Mar 22Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares
Jan 18It's Down 25% But Freight Technologies, Inc. (NASDAQ:FRGT) Could Be Riskier Than It Looks
Jun 13Freight Technologies lowers 2022 revenue forecast
Aug 26Freight technologies’ Fr8App upgrades its electronic data interchange
Jul 12Revenue & Expenses Breakdown
How Freight Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 17 | -9 | 3 | 0 |
| 30 Sep 23 | 18 | -9 | 3 | 0 |
| 30 Jun 23 | 20 | -8 | 3 | 0 |
| 31 Mar 23 | 23 | -8 | 4 | 0 |
| 31 Dec 22 | 26 | -8 | 4 | 0 |
| 30 Sep 22 | 25 | -9 | 2 | 0 |
| 30 Jun 22 | 25 | -10 | 3 | 0 |
| 31 Mar 22 | 24 | -9 | 2 | 0 |
| 31 Dec 21 | 21 | -8 | 3 | 0 |
| 30 Sep 21 | 19 | -7 | 5 | 0 |
| 30 Jun 21 | 17 | -5 | 7 | 0 |
| 31 Mar 21 | 12 | -6 | 6 | 0 |
| 31 Dec 20 | 9 | -6 | 3 | 0 |
| 30 Sep 20 | 7 | -6 | 3 | 0 |
| 30 Jun 20 | 5 | -5 | 3 | 0 |
| 31 Mar 20 | 5 | -3 | 3 | 0 |
| 31 Dec 19 | 4 | -4 | 3 | 0 |
| 31 Dec 18 | 3 | -2 | 2 | 0 |
Quality Earnings: FRGT is currently unprofitable.
Growing Profit Margin: FRGT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRGT is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.
Accelerating Growth: Unable to compare FRGT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRGT is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-29.2%).
Return on Equity
High ROE: FRGT has a negative Return on Equity (-355.07%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:43 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Freight Technologies, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Dobson | Chardan Capital Markets, LLC |