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 13% 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 (-11%).
Return on Equity
High ROE: FRGT has a negative Return on Equity (-355.07%), as it is currently unprofitable.