Slide 1: Q2 2023 Earnings Call
Q2 2023 Earnings Call Nasdaq: CRGO August 21, 2023 08:30
Slide 2: Upcoming Events
Upcoming Events FREIGHTOS H.C. Wainwright 25th Annual Global Investment Conference September 11-13, 2023 NYC, USA The global freight booking and payment platform Cowen 16th Annual Global Transportation Conference payment platform, September 6-7, 2023 Boston, USA Get your complementary limited Freigh
Slide 3: 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 4: 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 5: Agenda
Agenda Prepared Remarks ● Q2 Overview ● Freight Market Update ● Financial Results ● Q3 Guidance Zvi Schreiber Ran Shalev Q&A CEO Chief Financial Officer 5
Slide 6: Transaction Growth on Freightos Platform Q1 2020 - Q2 2023
Transaction Growth on Freightos Platform Q1 2020 - Q2 2023 ~300% CAGR 6
Slide 7: User Retention
User Retention Total Bookings by Cohort (WebCargo, New Users from Q2 2021) 7
Slide 8: Airline Dashboard
Airline Dashboard >>> sulle fi FREIGHTOS Bookings weight FATALE KG suininspeied AT | | | | AE | “int. ~ other insets @a TOTAL TOP 5:5. am USER eR ER ora
Slide 9: Interlining
Interlining AA Departuredate | Goods type Lona Total Shipment © Lasvegen nevada > (@ ianteh They | aarch 14,2022 9999-GeneralCargo | tOunits 10.1 CBM, 6KG ss oe WeBCARGO Q New search GB My bookings fone (mang nmwray } Booking Record inowang the 12 lowest rates © conga) awe User Destination Booking d
Slide 10: Asia - US Ocean Freight
Asia - US Ocean Freight FBX01 Southeast Asia - US West Coast and FBX03 Southeast Asia - US East Coast 10
Slide 11: Asia - Northern Europe Ocean Freight
Asia - Northern Europe Ocean Freight FBX11 China/East Asia to North Europe 11
Slide 12: Air Cargo Demand
Air Cargo Demand Global Industry CTKs (billions per month) 12
Slide 13: Freightos Air Freight Index - Global
FAX FREIGHTOS AIR FREIGHT INDEX - GLOBAL CUSTOMIZE selected litem ~ From August 15, 2021 To August 13, 2023 #2 FREIGHTOS
Slide 14: Freightos Air Index
Freightos Air Index From August 14, 2022 © August 13, 2023 2023-08-06
Slide 15: Platform businesses unlock massive value
Platform businesses unlock massive value. It’s time to apply the model to global freight. Siloed Digitalization Platformification Individual company digitalization Vendor-neutral digital infrastructure without connectivity (eg individual across a variety of players, unlocking ecommerce sites) huge va
Slide 16: Q2 2023 Quarterly Results and Guidance
Q2 2023 Quarterly Results and Guidance Ran Shalev CFO 16
Slide 17: Q2 2023 Results
Q2 2023 Results Q2 2023 Q2 2022 # Transactions 239.4 150.2 GBV ($m) $ 154.8 $ 155.3 Revenue ($m) $ 5.1 $5.2 Gross Margin (Non-IFRS) 65% 65% Adjusted EBITDA ($m) $ (5.3) $ (3.6) See the full Q2 2023 Earnings press release for the reconciliation of IFRS to non-IFRS financial measures. 17
Slide 18: Q3 2023 Guidance
Q3 2023 Guidance Management Expectations as of Aug. 2023 Q3 2023 FY 2023 # Transactions 243,500 - 259,500 973,000 - 1,042,000 Year over Year Growth 27% - 35% 46% - 57% GBV ($m) $ 146.5 - $ 156.5 $ 626.2 - $ 666.6 Year over Year Growth (8)% - (2)% 3% - 9% Revenue ($m) $ 5.0 - $ 5.3 $ 20.0 - $ 21.2 Ye
Slide 19: Q&A
Q&A ?
Slide 20: Thanks!
Thanks!
Slide 21: Learn more at freightos.com/investors
Learn more at freightos.com/investors
Slide 22: Reconciliation of IFRS Operating Loss to Adjusted EBITDA
RECONCILIATION OF IFRS OPERATING LOSS TO ADJUSTED EBITDA Three Months Ended Six Months Ended June 30, June 30, 2023 2022 2023 2022 (unaudited) (unaudited) Operating loss $ (5,906) $ (5,867) $ (63,866) $ (10,049) Add: Share-based compensation 546 374 1,128 732 Depreciation & Amortization 719 608 1,36