Freight Technologies, Inc. (FRGT) 10-Year Financial Performance & Capital Metrics

FRGT • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

AboutFreight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.Show more

Revenue $14M -19.5%
EBITDA -$6M +22.9%
Net Income -$6M +40.0%
EPS (Diluted) -6.14 +96.8%
Gross Margin 9.76% +133.2%
EBITDA Margin -44.14% +4.2%
Operating Margin -47.27% +2.4%
Net Margin -40.8% +25.4%
ROE -568.01% -75.3%
ROIC -147.2% -14.0%
Debt/Equity -
Interest Coverage -9.63 +5.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 26.9%
✓Efficient asset utilization: 2.4x turnover

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y26.85%

3Y-13.85%

TTM-27.74%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM80.25%

EPS CAGR

10Y-

5Y-

3Y-

TTM85.76%

ROCE

10Y Avg-162.42%

5Y Avg-338.18%

3Y Avg-362.32%

Latest-586.12%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	9.73M	18.62M	29.2M	3.25M	4.18M	9.21M	21.47M	25.89M	17.06M	13.73M
Revenue Growth %	-	0.91%	0.57%	-0.89%	0.29%	1.2%	1.33%	0.21%	-0.34%	-0.2%
Cost of Goods Sold+	243.41K	390.05K	729.75K	2.93M	3.85M	8.41M	19.56M	23.63M	22.08M	12.39M
COGS % of Revenue	0.03%	0.02%	0.02%	0.9%	0.92%	0.91%	0.91%	0.91%	1.29%	0.9%
Gross Profit+	9.49M	18.23M	28.47M	317.98K	331.07K	794.37K	1.92M	2.26M	-5.02M	1.34M
Gross Margin %	0.97%	0.98%	0.98%	0.1%	0.08%	0.09%	0.09%	0.09%	-0.29%	0.1%
Gross Profit Growth %	-	0.92%	0.56%	-0.99%	0.04%	1.4%	1.41%	0.18%	-3.22%	1.27%
Operating Expenses+	1.72M	1.58M	3.63M	2.39M	3.4M	5.5M	6.72M	9.32M	3.24M	7.83M
OpEx % of Revenue	0.18%	0.09%	0.12%	0.74%	0.81%	0.6%	0.31%	0.36%	0.19%	0.57%
Selling, General & Admin	0	0	3.54M	1.85M	2.74M	4.97M	6.42M	9.08M	3.24M	2.05M
SG&A % of Revenue	-	-	0.12%	0.57%	0.65%	0.54%	0.3%	0.35%	0.19%	0.15%
Research & Development	0	0	92.68K	3.51M	0	0	0	0	0	0
R&D % of Revenue	-	-	0%	1.08%	-	-	-	-	-	-
Other Operating Expenses	1.72M	1.58M	0	534.54K	659.96K	531.03K	302.1K	243.33K	0	5.78M
Operating Income+	7.77M	16.64M	24.84M	-2.07M	-3.07M	-4.71M	-4.81M	-7.06M	-8.26M	-6.49M
Operating Margin %	0.8%	0.89%	0.85%	-0.64%	-0.73%	-0.51%	-0.22%	-0.27%	-0.48%	-0.47%
Operating Income Growth %	-	1.14%	0.49%	-1.08%	-0.48%	-0.54%	-0.02%	-0.47%	-0.17%	0.21%
EBITDA+	7.78M	16.65M	24.88M	-2.01M	-3M	-4.71M	-4.79M	-6.82M	-7.86M	-6.06M
EBITDA Margin %	0.8%	0.89%	0.85%	-0.62%	-0.72%	-0.51%	-0.22%	-0.26%	-0.46%	-0.44%
EBITDA Growth %	-	1.14%	0.49%	-1.08%	-0.5%	-0.57%	-0.02%	-0.42%	-0.15%	0.23%
D&A (Non-Cash Add-back)	8.26K	9.98K	39.31K	59.91K	62.36K	1.18K	16.13K	243.33K	404.6K	430.41K
EBIT	7.48M	16.34M	24.68M	-2.07M	-3.07M	-4.71M	-4.81M	-7.19M	-8.41M	-4.86M
Net Interest Income+	0	0	0	-340.48K	-428.68K	-334.17K	-1.14M	-907.01K	-807.94K	-673.86K
Interest Income	0	0	0	0	90	0	0	0	0	0
Interest Expense	0	0	0	340.48K	428.77K	334.17K	1.14M	907.01K	807.94K	673.86K
Other Income/Expense	-286.28K	-301.61K	-155.17K	-340.48K	-428.68K	-1.12M	-3.35M	-1.04M	-961.46K	956.51K
Pretax Income+	7.48M	16.34M	24.68M	-2.41M	-3.5M	-5.83M	-8.16M	-8.1M	-9.22M	-5.53M
Pretax Margin %	0.77%	0.88%	0.85%	-0.74%	-0.84%	-0.63%	-0.38%	-0.31%	-0.54%	-0.4%
Income Tax+	1.87M	2.45M	633.32K	0	9.98K	23.05K	40.26K	90.51K	104.95K	67.49K
Effective Tax Rate %	0.75%	0.85%	0.97%	1%	1%	1%	1%	1.01%	1.01%	1.01%
Net Income+	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
Net Margin %	0.58%	0.75%	0.82%	-0.74%	-0.84%	-0.64%	-0.38%	-0.32%	-0.55%	-0.41%
Net Income Growth %	-	1.47%	0.73%	-1.1%	-0.46%	-0.67%	-0.4%	0%	-0.14%	0.4%
Net Income (Continuing)	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
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)+	30.87	76.39	126.69	-11.98	-17.43	-20.10	-40.97	-20.96	-194.87	-6.14
EPS Growth %	-	1.47%	0.66%	-1.09%	-0.45%	-0.15%	-1.04%	0.49%	-8.3%	0.97%
EPS (Basic)	30.87	76.39	126.69	-11.98	-17.43	-20.10	-41.44	-20.96	-194.87	-6.14
Diluted Shares Outstanding	181.82K	181.82K	189.82K	201.04K	201.04K	291.19K	200.18K	390.56K	47.87K	912.84K
Basic Shares Outstanding	181.82K	181.82K	189.82K	201.04K	201.04K	291.19K	197.87K	390.56K	47.87K	912.84K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	0	0	75.98M	1.49M	1.44M	6.11M	8.52M	9.46M	9.77M	5.05M
Cash & Short-Term Investments	455.2K	1.88M	27.17M	909.24K	490.64K	2.77M	3.15M	1.01M	1.56M	204.03K
Cash Only	455.2K	1.88M	27.17M	909.24K	490.64K	2.77M	3.15M	1.01M	1.56M	204.03K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	29.91M	27.39M	48.51M	567.97K	880.58K	2.63M	4.15M	6.87M	6.32M	4.05M
Days Sales Outstanding	1.12K	536.92	606.4	63.88	76.9	104.29	70.47	96.91	135.26	107.76
Inventory	0	0	0	0	0	519.14K	1.19M	0	0	0
Days Inventory Outstanding	-	-	-	-	-	22.53	22.3	-	-	-
Other Current Assets	-30.37M	-29.27M	-75.68M	0	0	-344.14K	-1.02M	0	1.88M	792.15K
Total Non-Current Assets+	278.05K	586.42K	3.22M	1.04M	800.15K	492.62K	767.36K	956.86K	912.53K	640.7K
Property, Plant & Equipment	40.23K	28.78K	222.14K	24.84K	34.58K	56.12K	53.45K	27.61K	46.55K	13.24K
Fixed Asset Turnover	241.86x	646.95x	131.45x	130.64x	120.88x	164.04x	401.77x	937.75x	366.50x	1037.08x
Goodwill	0	0	752.35K	0	0	0	0	0	0	0
Intangible Assets	3.69K	2.77K	2.18M	1.01M	751.84K	428.69K	598.99K	757.03K	777.49K	579.65K
Long-Term Investments	222.94K	208.69K	678.42K	-1.8M	0	0	0	0	0	0
Other Non-Current Assets	-266.86K	-240.24K	444.01K	10.14K	13.74K	7.82K	114.92K	172.23K	88.49K	47.81K
Total Assets+	30.64M	29.85M	79.2M	2.53M	2.24M	6.6M	9.29M	10.42M	10.68M	5.69M
Asset Turnover	0.32x	0.62x	0.37x	1.28x	1.87x	1.39x	2.31x	2.49x	1.60x	2.41x
Asset Growth %	-	-0.03%	1.65%	-0.97%	-0.12%	1.95%	0.41%	0.12%	0.03%	-0.47%
Total Current Liabilities+	0	0	7.87M	679.97K	1.45M	3.85M	18.26M	7.28M	7.81M	6.35M
Accounts Payable	0	0	0	389.89K	779.33K	1.73M	2.25M	1.98M	1.88M	1.44M
Days Payables Outstanding	-	-	-	48.61	73.91	75.14	42.03	30.6	31.01	42.5
Short-Term Debt	0	0	5.68M	220.59K	527.67K	1.3M	10.04M	3.35M	2.82M	3.34M
Deferred Revenue (Current)	0	0	22.73K	95.12K	0	0	1000K	0	0	0
Other Current Liabilities	0	0	2.1M	-95.12K	0	0	3.89M	0	875K	917.93K
Current Ratio	-	-	9.65x	2.19x	0.99x	1.59x	0.47x	1.30x	1.25x	0.80x
Quick Ratio	-	-	9.65x	2.19x	0.99x	1.45x	0.40x	1.30x	1.25x	0.80x
Cash Conversion Cycle	-	-	-	-	-	51.68	50.74	-	-	-
Total Non-Current Liabilities+	2.32M	4.46M	213.51K	5.74M	8.12M	3.9M	12.29M	5.33M	242.44K	0
Long-Term Debt	0	0	-7.87M	5.74M	8.12M	3.9M	0	0	242.44K	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	213.51K	-1.96M	0	0	0	0	0	0
Other Non-Current Liabilities	2.32M	4.46M	7.85M	0	0	0	0	0	0	0
Total Liabilities	2.32M	4.46M	8.09M	6.42M	9.57M	7.75M	18.26M	7.28M	8.05M	6.35M
Total Debt+	0	0	0	5.96M	8.65M	5.2M	10.04M	3.35M	3.06M	3.34M
Net Debt	-455.2K	-1.88M	-27.17M	5.05M	8.16M	2.44M	6.88M	2.33M	1.5M	3.14M
Debt / Equity	-	-	-	-	-	-	-	1.07x	1.17x	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.06x	-0.11x	-1.09x	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-6.07x	-7.15x	-14.09x	-4.23x	-7.79x	-10.23x	-9.63x
Total Equity+	28.33M	25.39M	71.12M	-3.89M	-7.33M	-1.15M	-8.97M	3.13M	2.63M	-654.76K
Equity Growth %	-	-0.1%	1.8%	-1.05%	-0.89%	0.84%	-6.82%	1.35%	-0.16%	-1.25%
Book Value per Share	155.79	139.64	374.64	-19.33	-36.48	-3.94	-44.82	8.02	54.88	-0.72
Total Shareholders' Equity	28.33M	25.39M	71.12M	-3.89M	-7.33M	-1.15M	-8.97M	3.13M	2.63M	-654.76K
Common Stock	20K	20K	22.11K	10	11	22	8.66K	181.16K	2.41M	308
Retained Earnings	4.9M	17.68M	41.56M	-4.24M	-7.75M	-13.6M	-21.8M	-29.99M	-39.32M	-44.92M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	23.4M	7.69M	1.1M	-235.5K	-1.53K	630	-49.91K	38.97K	491.89K	-1.25M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	597.6K	14.47M	27.6M	-1.5M	-2.33M	-3.41M	-5.93M	-8.47M	-5.79M	-4.21M
Operating CF Margin %	0.06%	0.78%	0.95%	-0.46%	-0.56%	-0.37%	-0.28%	-0.33%	-0.34%	-0.31%
Operating CF Growth %	-	23.21%	0.91%	-1.05%	-0.56%	-0.47%	-0.74%	-0.43%	0.32%	0.27%
Net Income	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
Depreciation & Amortization	8.26K	9.98K	39.31K	534.54K	659.96K	531.03K	302.1K	243.33K	404.6K	430.41K
Stock-Based Compensation	0	0	0	0	15.28K	160.64K	235.4K	1M	1.15M	981.02K
Deferred Taxes	53.75K	0	-38.89K	-1.73M	1.79M	784.89K	2.22M	0	0	0
Other Non-Cash Items	4.64M	3.71M	-1.87M	264.03K	-1.42M	1.51M	906.28K	1.15M	233.01K	-1.63M
Working Capital Changes	-4.62M	572.08K	3.55M	113.12K	136.01K	-548.37K	-1.39M	-2.68M	1.75M	1.61M
Change in Receivables	-5.08M	-3.69M	1.89M	-184.81K	-312.06K	-866.5K	-1.29M	-2.01M	1.12M	1.45M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	66.56K	245.66K	432.15K	989.65K	526.38K	-292.52K	-181.88K	-272.32K
Cash from Investing+	-24.14M	2.49M	-22.31M	-410.7K	-414.62K	-227.65K	-470.4K	-380.58K	-363.37K	-345.72K
Capital Expenditures	-46.43K	0	-191.69K	-410.7K	-414.62K	-227.65K	-470.4K	-380.58K	-34.72K	-9.57K
CapEx % of Revenue	0%	-	0.01%	0.13%	0.1%	0.02%	0.02%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	-20.64M	-7.55M	0	0	-100K	0	-328.64K	-336.15K
Cash from Financing+	24.44M	-15.75M	19.64M	2.48M	2.33M	6.09M	6.83M	6.57M	6.8M	4.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	-60K	684	-3.94M	-3.43M	-3.4M	-346.52K	-236.08K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	551.17K	14.47M	27.41M	-1.91M	-2.74M	-3.64M	-6.4M	-8.85M	-6.15M	-4.22M
FCF Margin %	0.06%	0.78%	0.94%	-0.59%	-0.66%	-0.4%	-0.3%	-0.34%	-0.36%	-0.31%
FCF Growth %	-	25.25%	0.89%	-1.07%	-0.44%	-0.33%	-0.76%	-0.38%	0.3%	0.31%
FCF per Share	3.03	79.59	144.41	-9.49	-13.64	-12.50	-31.97	-22.66	-128.57	-4.62
FCF Conversion (FCF/Net Income)	0.11x	1.04x	1.15x	0.62x	0.66x	0.58x	0.72x	1.03x	0.62x	0.75x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.81%	51.71%	49.84%	-7.16%	-	-	-	-261.45%	-323.96%	-568.01%
Return on Invested Capital (ROIC)	20.91%	48.59%	55.23%	-6.87%	-231.71%	-334.06%	-	-313.61%	-129.15%	-147.2%
Gross Margin	97.5%	97.9%	97.5%	9.8%	7.92%	8.63%	8.92%	8.74%	-29.41%	9.76%
Net Margin	57.68%	74.6%	82.36%	-74.19%	-83.86%	-63.57%	-38.19%	-31.62%	-54.67%	-40.8%
Debt / Equity	-	-	-	-	-	-	-	1.07x	1.17x	-
Interest Coverage	-	-	-	-6.07x	-7.15x	-14.09x	-4.23x	-7.79x	-10.23x	-9.63x
FCF Conversion	0.11x	1.04x	1.15x	0.62x	0.66x	0.58x	0.72x	1.03x	0.62x	0.75x
Revenue Growth	-	91.36%	56.84%	-88.89%	28.79%	120.25%	133.26%	20.56%	-34.1%	-19.53%

Frequently Asked Questions

Growth & Financials

Freight Technologies, Inc. (FRGT) reported $12.7M in revenue for fiscal year 2024. This represents a 30% 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 $2.3M for fiscal year 2024.

Dividend & Returns

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 $5.2M in fiscal year 2024, likely due to heavy capital investments.

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Freight Technologies, Inc. (FRGT) 10-Year Financial Performance & Capital Metrics

FRGT • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

Revenue $14M -19.5%
EBITDA -$6M +22.9%
Net Income -$6M +40.0%
EPS (Diluted) -6.14 +96.8%
Gross Margin 9.76% +133.2%
EBITDA Margin -44.14% +4.2%
Operating Margin -47.27% +2.4%
Net Margin -40.8% +25.4%
ROE -568.01% -75.3%
ROIC -147.2% -14.0%
Debt/Equity -
Interest Coverage -9.63 +5.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 26.9%
✓Efficient asset utilization: 2.4x turnover

✗Weaknesses

✗Negative free cash flow
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y26.85%

3Y-13.85%

TTM-27.74%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM80.25%

EPS CAGR

10Y-

5Y-

3Y-

TTM85.76%

ROCE

10Y Avg-162.42%

5Y Avg-338.18%

3Y Avg-362.32%

Latest-586.12%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	9.73M	18.62M	29.2M	3.25M	4.18M	9.21M	21.47M	25.89M	17.06M	13.73M
Revenue Growth %	-	0.91%	0.57%	-0.89%	0.29%	1.2%	1.33%	0.21%	-0.34%	-0.2%
Cost of Goods Sold+	243.41K	390.05K	729.75K	2.93M	3.85M	8.41M	19.56M	23.63M	22.08M	12.39M
COGS % of Revenue	0.03%	0.02%	0.02%	0.9%	0.92%	0.91%	0.91%	0.91%	1.29%	0.9%
Gross Profit+	9.49M	18.23M	28.47M	317.98K	331.07K	794.37K	1.92M	2.26M	-5.02M	1.34M
Gross Margin %	0.97%	0.98%	0.98%	0.1%	0.08%	0.09%	0.09%	0.09%	-0.29%	0.1%
Gross Profit Growth %	-	0.92%	0.56%	-0.99%	0.04%	1.4%	1.41%	0.18%	-3.22%	1.27%
Operating Expenses+	1.72M	1.58M	3.63M	2.39M	3.4M	5.5M	6.72M	9.32M	3.24M	7.83M
OpEx % of Revenue	0.18%	0.09%	0.12%	0.74%	0.81%	0.6%	0.31%	0.36%	0.19%	0.57%
Selling, General & Admin	0	0	3.54M	1.85M	2.74M	4.97M	6.42M	9.08M	3.24M	2.05M
SG&A % of Revenue	-	-	0.12%	0.57%	0.65%	0.54%	0.3%	0.35%	0.19%	0.15%
Research & Development	0	0	92.68K	3.51M	0	0	0	0	0	0
R&D % of Revenue	-	-	0%	1.08%	-	-	-	-	-	-
Other Operating Expenses	1.72M	1.58M	0	534.54K	659.96K	531.03K	302.1K	243.33K	0	5.78M
Operating Income+	7.77M	16.64M	24.84M	-2.07M	-3.07M	-4.71M	-4.81M	-7.06M	-8.26M	-6.49M
Operating Margin %	0.8%	0.89%	0.85%	-0.64%	-0.73%	-0.51%	-0.22%	-0.27%	-0.48%	-0.47%
Operating Income Growth %	-	1.14%	0.49%	-1.08%	-0.48%	-0.54%	-0.02%	-0.47%	-0.17%	0.21%
EBITDA+	7.78M	16.65M	24.88M	-2.01M	-3M	-4.71M	-4.79M	-6.82M	-7.86M	-6.06M
EBITDA Margin %	0.8%	0.89%	0.85%	-0.62%	-0.72%	-0.51%	-0.22%	-0.26%	-0.46%	-0.44%
EBITDA Growth %	-	1.14%	0.49%	-1.08%	-0.5%	-0.57%	-0.02%	-0.42%	-0.15%	0.23%
D&A (Non-Cash Add-back)	8.26K	9.98K	39.31K	59.91K	62.36K	1.18K	16.13K	243.33K	404.6K	430.41K
EBIT	7.48M	16.34M	24.68M	-2.07M	-3.07M	-4.71M	-4.81M	-7.19M	-8.41M	-4.86M
Net Interest Income+	0	0	0	-340.48K	-428.68K	-334.17K	-1.14M	-907.01K	-807.94K	-673.86K
Interest Income	0	0	0	0	90	0	0	0	0	0
Interest Expense	0	0	0	340.48K	428.77K	334.17K	1.14M	907.01K	807.94K	673.86K
Other Income/Expense	-286.28K	-301.61K	-155.17K	-340.48K	-428.68K	-1.12M	-3.35M	-1.04M	-961.46K	956.51K
Pretax Income+	7.48M	16.34M	24.68M	-2.41M	-3.5M	-5.83M	-8.16M	-8.1M	-9.22M	-5.53M
Pretax Margin %	0.77%	0.88%	0.85%	-0.74%	-0.84%	-0.63%	-0.38%	-0.31%	-0.54%	-0.4%
Income Tax+	1.87M	2.45M	633.32K	0	9.98K	23.05K	40.26K	90.51K	104.95K	67.49K
Effective Tax Rate %	0.75%	0.85%	0.97%	1%	1%	1%	1%	1.01%	1.01%	1.01%
Net Income+	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
Net Margin %	0.58%	0.75%	0.82%	-0.74%	-0.84%	-0.64%	-0.38%	-0.32%	-0.55%	-0.41%
Net Income Growth %	-	1.47%	0.73%	-1.1%	-0.46%	-0.67%	-0.4%	0%	-0.14%	0.4%
Net Income (Continuing)	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
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)+	30.87	76.39	126.69	-11.98	-17.43	-20.10	-40.97	-20.96	-194.87	-6.14
EPS Growth %	-	1.47%	0.66%	-1.09%	-0.45%	-0.15%	-1.04%	0.49%	-8.3%	0.97%
EPS (Basic)	30.87	76.39	126.69	-11.98	-17.43	-20.10	-41.44	-20.96	-194.87	-6.14
Diluted Shares Outstanding	181.82K	181.82K	189.82K	201.04K	201.04K	291.19K	200.18K	390.56K	47.87K	912.84K
Basic Shares Outstanding	181.82K	181.82K	189.82K	201.04K	201.04K	291.19K	197.87K	390.56K	47.87K	912.84K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	0	0	75.98M	1.49M	1.44M	6.11M	8.52M	9.46M	9.77M	5.05M
Cash & Short-Term Investments	455.2K	1.88M	27.17M	909.24K	490.64K	2.77M	3.15M	1.01M	1.56M	204.03K
Cash Only	455.2K	1.88M	27.17M	909.24K	490.64K	2.77M	3.15M	1.01M	1.56M	204.03K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	29.91M	27.39M	48.51M	567.97K	880.58K	2.63M	4.15M	6.87M	6.32M	4.05M
Days Sales Outstanding	1.12K	536.92	606.4	63.88	76.9	104.29	70.47	96.91	135.26	107.76
Inventory	0	0	0	0	0	519.14K	1.19M	0	0	0
Days Inventory Outstanding	-	-	-	-	-	22.53	22.3	-	-	-
Other Current Assets	-30.37M	-29.27M	-75.68M	0	0	-344.14K	-1.02M	0	1.88M	792.15K
Total Non-Current Assets+	278.05K	586.42K	3.22M	1.04M	800.15K	492.62K	767.36K	956.86K	912.53K	640.7K
Property, Plant & Equipment	40.23K	28.78K	222.14K	24.84K	34.58K	56.12K	53.45K	27.61K	46.55K	13.24K
Fixed Asset Turnover	241.86x	646.95x	131.45x	130.64x	120.88x	164.04x	401.77x	937.75x	366.50x	1037.08x
Goodwill	0	0	752.35K	0	0	0	0	0	0	0
Intangible Assets	3.69K	2.77K	2.18M	1.01M	751.84K	428.69K	598.99K	757.03K	777.49K	579.65K
Long-Term Investments	222.94K	208.69K	678.42K	-1.8M	0	0	0	0	0	0
Other Non-Current Assets	-266.86K	-240.24K	444.01K	10.14K	13.74K	7.82K	114.92K	172.23K	88.49K	47.81K
Total Assets+	30.64M	29.85M	79.2M	2.53M	2.24M	6.6M	9.29M	10.42M	10.68M	5.69M
Asset Turnover	0.32x	0.62x	0.37x	1.28x	1.87x	1.39x	2.31x	2.49x	1.60x	2.41x
Asset Growth %	-	-0.03%	1.65%	-0.97%	-0.12%	1.95%	0.41%	0.12%	0.03%	-0.47%
Total Current Liabilities+	0	0	7.87M	679.97K	1.45M	3.85M	18.26M	7.28M	7.81M	6.35M
Accounts Payable	0	0	0	389.89K	779.33K	1.73M	2.25M	1.98M	1.88M	1.44M
Days Payables Outstanding	-	-	-	48.61	73.91	75.14	42.03	30.6	31.01	42.5
Short-Term Debt	0	0	5.68M	220.59K	527.67K	1.3M	10.04M	3.35M	2.82M	3.34M
Deferred Revenue (Current)	0	0	22.73K	95.12K	0	0	1000K	0	0	0
Other Current Liabilities	0	0	2.1M	-95.12K	0	0	3.89M	0	875K	917.93K
Current Ratio	-	-	9.65x	2.19x	0.99x	1.59x	0.47x	1.30x	1.25x	0.80x
Quick Ratio	-	-	9.65x	2.19x	0.99x	1.45x	0.40x	1.30x	1.25x	0.80x
Cash Conversion Cycle	-	-	-	-	-	51.68	50.74	-	-	-
Total Non-Current Liabilities+	2.32M	4.46M	213.51K	5.74M	8.12M	3.9M	12.29M	5.33M	242.44K	0
Long-Term Debt	0	0	-7.87M	5.74M	8.12M	3.9M	0	0	242.44K	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	213.51K	-1.96M	0	0	0	0	0	0
Other Non-Current Liabilities	2.32M	4.46M	7.85M	0	0	0	0	0	0	0
Total Liabilities	2.32M	4.46M	8.09M	6.42M	9.57M	7.75M	18.26M	7.28M	8.05M	6.35M
Total Debt+	0	0	0	5.96M	8.65M	5.2M	10.04M	3.35M	3.06M	3.34M
Net Debt	-455.2K	-1.88M	-27.17M	5.05M	8.16M	2.44M	6.88M	2.33M	1.5M	3.14M
Debt / Equity	-	-	-	-	-	-	-	1.07x	1.17x	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-0.06x	-0.11x	-1.09x	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-6.07x	-7.15x	-14.09x	-4.23x	-7.79x	-10.23x	-9.63x
Total Equity+	28.33M	25.39M	71.12M	-3.89M	-7.33M	-1.15M	-8.97M	3.13M	2.63M	-654.76K
Equity Growth %	-	-0.1%	1.8%	-1.05%	-0.89%	0.84%	-6.82%	1.35%	-0.16%	-1.25%
Book Value per Share	155.79	139.64	374.64	-19.33	-36.48	-3.94	-44.82	8.02	54.88	-0.72
Total Shareholders' Equity	28.33M	25.39M	71.12M	-3.89M	-7.33M	-1.15M	-8.97M	3.13M	2.63M	-654.76K
Common Stock	20K	20K	22.11K	10	11	22	8.66K	181.16K	2.41M	308
Retained Earnings	4.9M	17.68M	41.56M	-4.24M	-7.75M	-13.6M	-21.8M	-29.99M	-39.32M	-44.92M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	23.4M	7.69M	1.1M	-235.5K	-1.53K	630	-49.91K	38.97K	491.89K	-1.25M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	597.6K	14.47M	27.6M	-1.5M	-2.33M	-3.41M	-5.93M	-8.47M	-5.79M	-4.21M
Operating CF Margin %	0.06%	0.78%	0.95%	-0.46%	-0.56%	-0.37%	-0.28%	-0.33%	-0.34%	-0.31%
Operating CF Growth %	-	23.21%	0.91%	-1.05%	-0.56%	-0.47%	-0.74%	-0.43%	0.32%	0.27%
Net Income	5.61M	13.89M	24.05M	-2.41M	-3.51M	-5.85M	-8.2M	-8.19M	-9.33M	-5.6M
Depreciation & Amortization	8.26K	9.98K	39.31K	534.54K	659.96K	531.03K	302.1K	243.33K	404.6K	430.41K
Stock-Based Compensation	0	0	0	0	15.28K	160.64K	235.4K	1M	1.15M	981.02K
Deferred Taxes	53.75K	0	-38.89K	-1.73M	1.79M	784.89K	2.22M	0	0	0
Other Non-Cash Items	4.64M	3.71M	-1.87M	264.03K	-1.42M	1.51M	906.28K	1.15M	233.01K	-1.63M
Working Capital Changes	-4.62M	572.08K	3.55M	113.12K	136.01K	-548.37K	-1.39M	-2.68M	1.75M	1.61M
Change in Receivables	-5.08M	-3.69M	1.89M	-184.81K	-312.06K	-866.5K	-1.29M	-2.01M	1.12M	1.45M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	66.56K	245.66K	432.15K	989.65K	526.38K	-292.52K	-181.88K	-272.32K
Cash from Investing+	-24.14M	2.49M	-22.31M	-410.7K	-414.62K	-227.65K	-470.4K	-380.58K	-363.37K	-345.72K
Capital Expenditures	-46.43K	0	-191.69K	-410.7K	-414.62K	-227.65K	-470.4K	-380.58K	-34.72K	-9.57K
CapEx % of Revenue	0%	-	0.01%	0.13%	0.1%	0.02%	0.02%	0.01%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	-20.64M	-7.55M	0	0	-100K	0	-328.64K	-336.15K
Cash from Financing+	24.44M	-15.75M	19.64M	2.48M	2.33M	6.09M	6.83M	6.57M	6.8M	4.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	-60K	684	-3.94M	-3.43M	-3.4M	-346.52K	-236.08K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	551.17K	14.47M	27.41M	-1.91M	-2.74M	-3.64M	-6.4M	-8.85M	-6.15M	-4.22M
FCF Margin %	0.06%	0.78%	0.94%	-0.59%	-0.66%	-0.4%	-0.3%	-0.34%	-0.36%	-0.31%
FCF Growth %	-	25.25%	0.89%	-1.07%	-0.44%	-0.33%	-0.76%	-0.38%	0.3%	0.31%
FCF per Share	3.03	79.59	144.41	-9.49	-13.64	-12.50	-31.97	-22.66	-128.57	-4.62
FCF Conversion (FCF/Net Income)	0.11x	1.04x	1.15x	0.62x	0.66x	0.58x	0.72x	1.03x	0.62x	0.75x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.81%	51.71%	49.84%	-7.16%	-	-	-	-261.45%	-323.96%	-568.01%
Return on Invested Capital (ROIC)	20.91%	48.59%	55.23%	-6.87%	-231.71%	-334.06%	-	-313.61%	-129.15%	-147.2%
Gross Margin	97.5%	97.9%	97.5%	9.8%	7.92%	8.63%	8.92%	8.74%	-29.41%	9.76%
Net Margin	57.68%	74.6%	82.36%	-74.19%	-83.86%	-63.57%	-38.19%	-31.62%	-54.67%	-40.8%
Debt / Equity	-	-	-	-	-	-	-	1.07x	1.17x	-
Interest Coverage	-	-	-	-6.07x	-7.15x	-14.09x	-4.23x	-7.79x	-10.23x	-9.63x
FCF Conversion	0.11x	1.04x	1.15x	0.62x	0.66x	0.58x	0.72x	1.03x	0.62x	0.75x
Revenue Growth	-	91.36%	56.84%	-88.89%	28.79%	120.25%	133.26%	20.56%	-34.1%	-19.53%

Frequently Asked Questions

Growth & Financials

Freight Technologies, Inc. (FRGT) reported $12.7M in revenue for fiscal year 2024. This represents a 30% 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 $2.3M for fiscal year 2024.

Dividend & Returns

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 $5.2M in fiscal year 2024, likely due to heavy capital investments.