Slide 1: Q2 2025 Earnings Call
Q2 2025 Earnings Call Nasdaq: CRGO August 18, 2025 08:30
Slide 2: Disclaimer
Disclaimer About this Presentation This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. Please see our SEC filings for the most up to date information. The information contained herein does not purport to be all-inclusi
Slide 3: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “pr
Slide 4: Investor Events
Investor Events H.C. Wainwright Global Investment Conference September 8-10, 2025 NYC, USA LD Micro Main Event XIX October 19-21, 2025 San Diego, California, USA fil FREIGHTOS
Slide 5: Agenda
Agenda Prepared Remarks ● A Word from Our Chairman ● Business Overview ● Financial Results ● Q3 & FY 25 Guidance Q&A Udo Lange Zvi Schreiber Pablo Pinillos Chairman CEO CFO 5
Slide 6: Agenda
Agenda Prepared Remarks ● A Word from Our Chairman ● Business Overview ● Financial Results ● Q3 & FY 25 Guidance Q&A Udo Lange Chairman 6
Slide 7: Agenda
Agenda Prepared Remarks ● A Word from Our Chairman ● Business Overview ● Financial Results ● Q3 & FY 25 Guidance Q&A Zvi Schreiber CEO 7
Slide 8: Highlights
Highlights Record Revenue 397K 75 $7.4M Transactions Carriers 31% YoY growth 26% YoY growth 8
Slide 9: Q2 Market Conditions
Q2 Market Conditions Freightos Air Index Global Benchmark Global Air Cargo Volumes Source: IATA
Slide 10: Strong consistent transactions growth
Strong consistent transactions growth reflects marketplace network effect 38% CAGR 10
Slide 11: Persistent Carrier Growth
Persistent Carrier Growth 11
Slide 12: Strong sustainable growth through network effects
Strong sustainable growth through the network effects of a double marketplace flywheel Buyers attracts sellers Carrier Freight Import/exporters s forwarders Seller attracts buyers Amplified by... More types More combinations More connectivity More aspects of transactions of buyer/seller to data / syste
Slide 13: A transitional era for rate management
A transitional era for rate management across spot, contract, BSA, and tariff rates…and across air, ocean and ground Static Digital The Past You are here. The Future 13
Slide 14: Enhancing platform value through solutions offering
Enhancing platform value through a comprehensive solutions offering Ocean Carriers WebCargo by Importers / Freightos Freight Freightos Forwarders Platform Exporters Airlines Platform Freightos Freightos SaaS SaaS ++ Data Data Solutions Solutions 14
Slide 15: Contract Benchmarking Air and Ocean
Contract Benchmarking Air and Ocean 15
Slide 16: Procure
Procure Real-time market benchmarking & action enabled our team to identify hundreds of cost optimization opportunities in a single click. Senior Team Lead, Global Logistics Procurement 16
Slide 17: Strong cohort performance by both buyers and sellers
Strong cohort performance by both buyers and sellers Total #Transactions of forwarder cohort as % of bookings Total #Transactions of carrier cohort as % of bookings placed in first quarter placed in first quarter 17
Slide 18: Agenda
Agenda Prepared Remarks ● Word from Our Chairman ● Business Overview ● Financial Results ● Q3 & FY 25 Guidance Pablo Pinillos CFO Q&A 18
Slide 19: Q2 25 Actual vs. Guidance
Q2 25 Actual vs. Guidance Q2 25 A Q2 25 G # Transactions 397 380 - 385 GBV ($m) 317 278 - 285 Revenue ($m) 7.4 7.0 - 7.1 Adjusted EBITDA ($m) (2.9) (2.9) - (2.8) 19
Slide 20: Monetizing the network value
Monetizing the network value: SaaS-enabled marketplace flywheel Solutions revenue = primarily recurring subscriptions for SaaS or data ↑17% y/y ↑28% Platform revenue = fees associated with specific freight-service transactions booked between Buyers and Sellers on our Platform ↑29% y/y ↑21% 20
Slide 21: Highly capital-efficient growth
Highly capital-efficient growth Non-IFRS Gross Margins 21
Slide 22: On track to profitability with cash at hand
On track to profitability with cash at hand Adjusted EBITDA ($K) Adjusted EBITDA Margin Cash and Short term deposits and investments ($M) -73% -81% -104% -121% * Represented EBITDA without the Shipsta acquisition, of approximately $2.7M . 22
Slide 23: Q3 & FY 2025 Guidance
Q3 & FY 2025 Guidance Management Expectations Q3 2025 FY 2025 Transactions (k) 419 - 425 1,607 - 1,684 Year over Year Growth 24% - 25% 23% - 29% GBV ($m) 329 - 333 1,251 - 1,266 Year over Year Growth 51% - 53% 40% - 42% Revenue ($m) 7.6 - 7.7 29.5 - 30.0 Year over Year Growth 23% - 25% 24% - 26% Adj
Slide 24: Thanks! Questions
Thanks! ? Questions 24
Slide 25: Reconciliation of IFRS Gross Margin to Non-IFRS
Reconciliation of IFRS Gross Margin to Non-IFRS Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) (unaudited) IFRS gross profit $ 4,993 $ 3,674 $ 9,632 $ 7,024 Add: Share-based compensation 82 89 180 190 Depreciation and amortization 392 312 775 623 Non-IFRS gross
Slide 26: Reconciliation of IFRS Loss to Adjusted EBITDA
Reconciliation of IFRS Loss to Adjusted EBITDA Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) (unaudited) IFRS loss $ (4,278) $ (5,314) $ (8,777) $ (9,930) Add: Change in fair value of warrants 285 1,324 508 1,040 Financing income, net (559) (567) (1,019) (1,13
Slide 27: Learn more at freightos.com/investors
Learn more at freightos.com/investors 27