Freightos Ltd. has reported its financial results for the second quarter of 2025. The company achieved a revenue of $7.4 million, marking a significant 31% increase compared to $5.7 million in the second quarter of 2024. The IFRS gross margin improved to 67.1% from 64.9% in the previous year, while the non-IFRS gross margin rose to 73.5% from 72.0%. The IFRS loss for the period was $4.3 million, an improvement over the $5.3 million loss reported in the second quarter of 2024. The adjusted EBITDA stood at negative $2.9 million, slightly better than the negative $3.1 million recorded in the same quarter last year. Freightos also reported cash and cash equivalents and short-term bank deposits amounting to $34.1 million as of the end of June 2025. The company set a new record with 397 thousand transactions in the second quarter, reflecting a 26% year-over-year growth. This marks the 22nd consecutive quarter of record transactions. Looking ahead, Freightos has provided guidance for the rest of 2025, anticipating revenue between $29.5 million and $30.0 million, with a year-over-year growth of 24% to 26%. The adjusted EBITDA is projected to range from negative $10.9 million to negative $10.5 million. The outlook assumes current freight price levels and market freight volumes as of August 2025. Freightos remains optimistic about transaction and revenue growth and is committed to achieving breakeven adjusted EBITDA by the end of 2026, despite potential currency rate fluctuations impacting adjusted EBITDA.