Freight Technologies Inc. Reports Q2 2025 Net Profit of $649K with 21.7% Margin; Lowers 2025 Revenue Outlook to $13M-$16M

Reuters
Aug 21
Freight Technologies Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Profit of $649K with 21.7% Margin; Lowers 2025 Revenue Outlook to $13M-$16M

Freight Technologies, Inc. (Nasdaq: FRGT) announced its financial results for the second quarter ended June 30, 2025. The company reported a net profit of $649 thousand, achieving a net profit margin of 21.7% for the quarter, driven by the initial value of its cryptocurrency treasury. The operating loss improved from -$1.7 million in Q2 2024 to -$1.5 million in Q2 2025, supported by a higher margin brokerage business and reduced operating expenses. The company also completed initial enterprise sales of its Fleet Rocket Transportation Management System (TMS) software and released new features for its Fr8App platform. Looking ahead, Freight Technologies has revised its annual outlook for 2025, projecting revenue between $13 million and $16 million, and an operating loss ranging from -$4.5 million to -$6.3 million. The company attributes this adjustment to its strategic shift towards higher-margin software sales, selective customer engagement, and potential economic impacts from increased US-Mexico tariffs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freight Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-025037), on August 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10