Freight Technologies, Inc. (FRGT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Freight Technologies, Inc. (FRGT) stock price & volume — 10-year historical chart
Freight Technologies, Inc. (FRGT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Freight Technologies, Inc. (FRGT) competitors in Vertical industry SaaS applications — business model, growth, and fundamentals comparison
Freight Technologies, Inc. (FRGT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Freight Technologies, Inc. (FRGT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 18.62M | 29.2M | 20.88M | 3.56M | 365.63K | 21.47M | 25.89M | 17.06M | 13.73M | 13.26M |
| Revenue Growth % | 91.36% | 56.84% | -28.48% | -82.96% | -89.73% | 5773.16% | 20.56% | -34.1% | -19.53% | -9.98% |
| Cost of Goods Sold | 390.05K | 729.75K | 714.89K | 62.48K | 0 | 23.57M | 28.83M | 22.08M | 18.17M | 11.48M |
| COGS % of Revenue | 2.1% | 2.5% | 3.42% | 1.76% | - | 109.77% | 111.37% | 129.41% | 132.35% | - |
| Gross Profit | 18.23M▲ 0% | 28.47M▲ 56.2% | 20.17M▼ 29.2% | 3.5M▼ 82.7% | 0▼ 100.0% | -2.1M▲ 0% | -2.94M▼ 40.2% | -5.02M▼ 70.4% | -4.44M▲ 11.5% | 1.79M▲ 0% |
| Gross Margin % | 97.9% | 97.5% | 96.58% | 98.24% | - | -9.77% | -11.37% | -29.41% | -32.35% | 13.46% |
| Gross Profit Growth % | 92.16% | 56.2% | -29.16% | -82.67% | -100% | - | -40.23% | -70.45% | 11.49% | - |
| Operating Expenses | 1.58M | 3.63M | 23.12M | 59.87M | 9.48M | 2.71M | 4.12M | 3.24M | 2.05M | 7.06M |
| OpEx % of Revenue | 8.51% | 12.44% | 110.7% | 1682.44% | 2592.41% | 12.62% | 15.91% | 19.01% | 14.93% | - |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 6.42M | 9.08M | 9.21M | 7.4M | 9.32M |
| SG&A % of Revenue | - | - | - | - | - | 29.91% | 35.08% | 53.97% | 53.9% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.58M | 3.63M | 23.12M | 59.87M | 9.48M | -3.71M | -4.96M | -5.96M | -5.35M | -1.89M |
| Operating Income | 16.64M▲ 0% | 24.84M▲ 49.2% | -2.95M▼ 111.9% | -56.38M▼ 1812.1% | -9.11M▲ 83.8% | -4.81M▲ 47.2% | -7.06M▼ 46.8% | -8.26M▼ 17.0% | -6.49M▲ 21.4% | -5.27M▲ 0% |
| Operating Margin % | 89.4% | 85.06% | -14.12% | -1584.2% | -2492.73% | -22.39% | -27.28% | -48.42% | -47.27% | -39.75% |
| Operating Income Growth % | 114.22% | 49.23% | -111.87% | -1812.05% | 83.83% | 47.24% | -46.85% | -16.99% | 21.44% | - |
| EBITDA | 16.65M | 24.88M | -2.89M | -56.31M | -9.11M | -4.51M | -6.82M | -7.86M | -6.06M | -4.84M |
| EBITDA Margin % | 89.45% | 85.19% | -13.83% | -1582.44% | -2492.41% | -20.99% | -26.34% | -46.05% | -44.14% | -36.51% |
| EBITDA Growth % | 114.13% | 49.38% | -111.61% | -1849.55% | 83.82% | 50.55% | -51.29% | -15.23% | 22.87% | 47.86% |
| D&A (Non-Cash Add-back) | 9.98K | 39.31K | 59.91K | 62.36K | 1.18K | 302.1K | 243.33K | 404.6K | 430.41K | 429.49K |
| EBIT | 16.34M | 24.68M | -5.52M | -61.99M | -9.08M | -7.02M | -7.19M | -8.41M | -4.86M | -4.64M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | -1.14M | -907.01K | -807.94K | -673.86K | -648.86K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.88K | 1.77K | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 1.14M | 907.01K | 816.82K | 675.63K | 648.86K |
| Other Income/Expense | -301.62K | -155.17K | -2.57M | -5.61M | 38.87K | -3.35M | -1.04M | -961.46K | 956.51K | -21.53K |
| Pretax Income | 16.34M▲ 0% | 24.68M▲ 51.0% | -5.52M▼ 122.4% | -61.99M▼ 1022.8% | -9.08M▲ 85.4% | -8.16M▲ 10.1% | -8.1M▲ 0.8% | -9.22M▼ 13.9% | -5.53M▲ 40.0% | -5.29M▲ 0% |
| Pretax Margin % | 87.78% | 84.52% | -26.44% | -1741.88% | -2482.1% | -38% | -31.28% | -54.06% | -40.31% | -39.91% |
| Income Tax | 2.45M | 633.32K | -1.7M | 7.24K | 0 | 40.26K | 90.51K | 104.95K | 67.49K | 49.43K |
| Effective Tax Rate % | 15.01% | 2.57% | 30.83% | -0.01% | 0% | -0.49% | -1.12% | -1.14% | -1.22% | -0.93% |
| Net Income | 13.89M▲ 0% | 24.05M▲ 73.1% | -3.82M▼ 115.9% | -62M▼ 1523.5% | -9.08M▲ 85.4% | -8.2M▲ 9.6% | -8.19M▲ 0.2% | -9.33M▼ 13.9% | -5.6M▲ 40.0% | -5.34M▲ 0% |
| Net Margin % | 74.6% | 82.36% | -18.29% | -1742.08% | -2482.1% | -38.19% | -31.62% | -54.67% | -40.8% | -40.29% |
| Net Income Growth % | 147.48% | 73.15% | -115.88% | -1523.46% | 85.36% | 9.64% | 0.17% | -13.93% | 39.95% | 44.24% |
| Net Income (Continuing) | 13.89M | 24.05M | -3.82M | -62M | -9.08M | -8.2M | -8.19M | -9.33M | -5.6M | -5.34M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 76340.00▲ 0% | 126720.00▲ 66.0% | -18994.00▼ 115.0% | -308378.00▼ 1523.6% | -31166.00▲ 89.9% | -12425.46▲ 60.1% | -2096.00▲ 83.1% | -779.48▲ 62.8% | -24.56▲ 96.8% | -1.84▲ 0% |
| EPS Growth % | 146.98% | 65.99% | -114.99% | -1523.55% | 89.89% | 60.13% | 83.13% | 62.81% | 96.85% | 83.48% |
| EPS (Basic) | 76340.00 | 126720.00 | -18994.00 | -308378.00 | -31166.00 | -12425.46 | -2096.00 | -779.48 | -24.56 | - |
| Diluted Shares Outstanding | 182 | 190 | 201 | 201 | 291 | 660 | 3.9K | 11.97K | 228.21K | 2.9M |
| Basic Shares Outstanding | 182 | 190 | 201 | 201 | 291 | 660 | 3.9K | 11.97K | 228.21K | 2.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Freight Technologies, Inc. (FRGT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 29.61M | 75.98M | 64.78M | 5.56M | 3.47M | 8.52M | 9.46M | 9.15M | 5.05M | 5.59M |
| Cash & Short-Term Investments | 1.88M | 27.17M | 1.58M | 13.57K | 3.27M | 3.33M | 1.01M | 1.56M | 204.03K | 291.94K |
| Cash Only | 1.88M | 27.17M | 1.58M | 13.57K | 3.27M | 3.33M | 1.01M | 1.56M | 204.03K | 291.94K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 27.39M | 48.51M | 62.33M | 5.53M | 186.91K | 4.15M | 6.87M | 6.32M | 4.05M | 4.28M |
| Days Sales Outstanding | 536.92 | 606.4 | 1.09K | 567.23 | 186.58 | 70.47 | 96.91 | 135.26 | 107.76 | 142.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 346.18K | 306.47K | 879.08K | 17.05K | 9.47K | 0 | 0 | 1.27M | 792.15K | 1.03M |
| Total Non-Current Assets | 240.24K | 3.22M | 2.06M | 8.02K | 112.3K | 767.36K | 956.86K | 884.22K | 640.7K | 6.61M |
| Property, Plant & Equipment | 28.78K | 222.14K | 250.89K | 1.5K | 108.47K | 53.45K | 27.61K | 18.24K | 13.24K | 12.83K |
| Fixed Asset Turnover | 646.95x | 131.45x | 83.24x | 2367.74x | 3.37x | 401.77x | 937.75x | 935.40x | 1037.08x | 1145.19x |
| Goodwill | 0 | 752.35K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.77K | 1.43M | 3.43K | 1.94K | 806 | 598.99K | 757.03K | 777.49K | 579.65K | 546.22K |
| Long-Term Investments | 208.69K | 678.42K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.62M |
| Other Non-Current Assets | 0 | 137.54K | 8.38K | 4.58K | 3.03K | 114.92K | 172.23K | 88.49K | 47.81K | -5.1M |
| Total Assets | 29.85M▲ 0% | 79.2M▲ 165.3% | 66.85M▼ 15.6% | 5.57M▼ 91.7% | 3.58M▼ 35.7% | 9.29M▲ 159.2% | 10.42M▲ 12.1% | 10.04M▼ 3.6% | 5.69M▼ 43.3% | 12.2M▲ 0% |
| Asset Turnover | 0.62x | 0.37x | 0.31x | 0.64x | 0.10x | 2.31x | 2.49x | 1.70x | 2.41x | 1.10x |
| Asset Growth % | -2.58% | 165.31% | -15.6% | -91.67% | -35.66% | 159.25% | 12.13% | -3.63% | -43.31% | 208.58% |
| Total Current Liabilities | 4.46M | 7.87M | 1.96M | 2.09M | 1.82M | 18.26M | 7.28M | 7.17M | 6.35M | 5.92M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 2.25M | 1.98M | 1.88M | 1.44M | 1.23M |
| Days Payables Outstanding | - | - | - | - | - | 34.87 | 25.07 | 31.01 | 28.98 | 45.84 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 10.04M | 3.35M | 2.82M | 3.34M | 3.26M |
| Deferred Revenue (Current) | 0 | 22.73K | 95.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.46M | 7.85M | 1.87M | 2.09M | 1.82M | 4.99M | 404.14K | 13.19K | 0 | 0 |
| Current Ratio | 6.63x | 9.65x | 32.99x | 2.66x | 1.90x | 0.47x | 1.30x | 1.28x | 0.80x | 0.80x |
| Quick Ratio | 6.63x | 9.65x | 32.99x | 2.66x | 1.90x | 0.47x | 1.30x | 1.28x | 0.80x | 0.80x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 96.36 |
| Total Non-Current Liabilities | 0 | 213.51K | 0 | 959.88K | 1.13M | 0 | 0 | 242.44K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 242.44K | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 213.51K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | -22.73K | -95.12K | 959.88K | 1.13M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.46M | 8.09M | 1.96M | 3.05M | 2.95M | 18.26M | 7.28M | 7.41M | 6.35M | 5.92M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 10.04M | 3.35M | 3.06M | 3.34M | 3.26M |
| Net Debt | -1.88M | -27.17M | -1.58M | -13.57K | -3.27M | 6.71M | 2.33M | 1.5M | 3.14M | 2.97M |
| Debt / Equity | - | - | - | - | - | - | 1.07x | 1.17x | - | 0.52x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.67x |
| Net Debt / EBITDA | -0.11x | -1.09x | - | - | - | - | - | - | - | -0.61x |
| Interest Coverage | - | - | - | - | - | -4.23x | -7.79x | -10.11x | -9.61x | -7.16x |
| Total Equity | 25.39M▲ 0% | 71.12M▲ 180.1% | 64.88M▼ 8.8% | 2.52M▼ 96.1% | 631.14K▼ 75.0% | -8.97M▼ 1521.5% | 3.13M▲ 134.9% | 2.63M▼ 16.1% | -654.76K▼ 124.9% | 6.28M▲ 0% |
| Equity Growth % | -10.37% | 180.1% | -8.77% | -96.12% | -74.96% | -1521.46% | 134.9% | -16.11% | -124.92% | 47316.31% |
| Book Value per Share | 139641.53 | 374639.78 | 322730.83 | 12535.47 | 2167.48 | -13593.17 | 801.91 | 219.54 | -2.87 | 2.17 |
| Total Shareholders' Equity | 25.39M | 71.12M | 64.88M | 2.52M | 631.14K | -8.97M | 3.13M | 2.63M | -654.76K | 6.28M |
| Common Stock | 20K | 22.11K | 22.11K | 22.11K | 32.03K | 8.66K | 181.16K | 2.41M | 0 | 0 |
| Retained Earnings | 17.68M | 41.56M | 36.65M | -25.38M | -34.54M | -21.8M | -29.99M | -39.32M | -44.92M | -49.14M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 7.69M | 1.1M | -235.5K | -563.36K | 2.21M | -49.91K | 38.97K | 491.89K | -1.25M | -920.32K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Freight Technologies, Inc. (FRGT) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 14.47M | 27.6M | -17.27M | -1.07M | -3.82M | -5.93M | -8.47M | -5.79M | -4.21M | -4.21M |
| Operating CF Margin % | 77.73% | 94.53% | -82.68% | -30.11% | -1044.4% | -27.61% | -32.72% | -33.94% | -30.64% | - |
| Operating CF Growth % | 2321.49% | 90.75% | -162.55% | 93.8% | -256.43% | -55.28% | -42.83% | 31.63% | 27.36% | -32.79% |
| Net Income | 13.89M | 24.05M | -3.82M | -62M | -9.08M | -8.2M | -8.19M | -9.33M | -5.6M | -5.34M |
| Depreciation & Amortization | 9.98K | 39.31K | 59.91K | 62.36K | 1.18K | 302.1K | 243.33K | 404.6K | 430.41K | 429.49K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 235.4K | 1M | 1.15M | 981.02K | 890.31K |
| Deferred Taxes | 0 | -38.89K | -1.73M | 1.79M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | 0 | 9.49M | 56.24M | 4.8M | 3.12M | 1.15M | 233.01K | -1.63M | 183.61K |
| Working Capital Changes | 572.08K | 3.55M | -21.26M | 2.83M | 455.51K | -1.39M | -2.68M | 1.75M | 1.61M | -1.62M |
| Change in Receivables | -3.69M | 1.89M | -16.58M | 1.72M | 621.83K | -1.53M | -2.6M | 1.12M | 1.45M | -1.35M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 66.56K | -70.24K | 0 | 0 | 526.38K | -292.52K | -181.88K | -272.32K | -82.88K |
| Cash from Investing | 2.49M | -22.31M | -7.72M | -200K | -108.09K | -470.4K | -380.58K | -363.37K | -345.72K | -567.26K |
| Capital Expenditures | 0 | -191.69K | -175.97K | 0 | -108.09K | -470.4K | -380.58K | -363.37K | -345.72K | -252.66K |
| CapEx % of Revenue | - | 0.66% | 0.84% | - | 29.56% | 2.19% | 1.47% | 2.13% | 2.52% | - |
| Acquisitions | 0 | -1.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -20.64M | -7.55M | -200K | 0 | 0 | 0 | 0 | 0 | -99.01K |
| Cash from Financing | -15.75M | 19.64M | -128.41K | -31.2K | 4.28M | 6.83M | 6.57M | 6.8M | 4.24M | 6.54M |
| Debt Issued (Net) | -64K | 1.09M | -128.41K | 0 | 0 | 6.66M | 1.62M | 7.15M | 1.4M | 3.16M |
| Equity Issued (Net) | -1000K | 1000K | 0 | 0 | 1000K | 191.46K | 1000K | 0 | 1000K | 1.49M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -15.68M | -418K | 0 | 0 | 0 | 0 | -3M | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | -31.2K | 0 | -18.95K | -3.4M | -346.52K | -236.08K | -78.97K |
| Net Change in Cash | 1.43M▲ 0% | 25.28M▲ 1674.1% | -25.59M▼ 201.2% | -1.57M▲ 93.9% | 3.26M▲ 308.3% | 53.71K▼ 98.4% | -2.31M▼ 4410.5% | 547.11K▲ 123.6% | -1.36M▼ 347.9% | -27.17M▲ 0% |
| Free Cash Flow | 14.47M▲ 0% | 27.41M▲ 89.4% | -17.44M▼ 163.6% | -1.07M▲ 93.9% | -3.93M▼ 266.5% | -6.4M▼ 63.0% | -8.85M▼ 38.3% | -6.15M▲ 30.5% | -4.55M▲ 26.0% | -8.61M▲ 0% |
| FCF Margin % | 77.73% | 93.88% | -83.52% | -30.11% | -1073.97% | -29.8% | -34.19% | -36.07% | -33.16% | -64.92% |
| FCF Growth % | 2506.04% | 89.43% | -163.63% | 93.86% | -266.51% | -62.99% | -38.28% | 30.46% | 26.03% | -46.71% |
| FCF per Share | 79589.64 | 144406.35 | -86761.51 | -5329.24 | -13485.30 | -9697.18 | -2266.40 | -514.29 | -19.95 | -19.95 |
| FCF Conversion (FCF/Net Income) | 1.04x | 1.15x | 4.52x | 0.02x | 0.42x | 0.72x | 1.03x | 0.62x | 0.75x | 1.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 263.79K | 392.02K | 816.82K | 675.63K | 681.84K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Freight Technologies, Inc. (FRGT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 51.71% | 49.84% | -5.62% | -183.96% | -575.98% | - | -261.45% | -323.96% | -568.01% | -85.03% |
| Return on Invested Capital (ROIC) | 48.59% | 55.23% | -4.12% | -128.5% | - | - | -330.75% | -129.15% | -147.2% | -147.2% |
| Gross Margin | 97.9% | 97.5% | 96.58% | 98.24% | - | -9.77% | -11.37% | -29.41% | -32.35% | 13.46% |
| Net Margin | 74.6% | 82.36% | -18.29% | -1742.08% | -2482.1% | -38.19% | -31.62% | -54.67% | -40.8% | -40.29% |
| Debt / Equity | - | - | - | - | - | - | 1.07x | 1.17x | - | 0.52x |
| Interest Coverage | - | - | - | - | - | -4.23x | -7.79x | -10.11x | -9.61x | -7.16x |
| FCF Conversion | 1.04x | 1.15x | 4.52x | 0.02x | 0.42x | 0.72x | 1.03x | 0.62x | 0.75x | 1.61x |
| Revenue Growth | 91.36% | 56.84% | -28.48% | -82.96% | -89.73% | 5773.16% | 20.56% | -34.1% | -19.53% | -9.98% |
Freight Technologies, Inc. (FRGT) stock FAQ — growth, dividends, profitability & financials explained
Freight Technologies, Inc. (FRGT) reported $13.3M in revenue for fiscal year 2024. This represents a 36% increase from $9.7M in 2015.
Freight Technologies, Inc. (FRGT) saw revenue decline by 19.5% over the past year.
Freight Technologies, Inc. (FRGT) reported a net loss of $5.3M for fiscal year 2024.
Freight Technologies, Inc. (FRGT) has a return on equity (ROE) of -568.0%. Negative ROE indicates the company is unprofitable.
Freight Technologies, Inc. (FRGT) had negative free cash flow of $8.6M in fiscal year 2024, likely due to heavy capital investments.
Freight Technologies, Inc. (FRGT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates