Freight Technologies Inc. Ordinary Shares (FRGT)

FairStock Score: 69/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable competitive advantages, honest accounting, and a margin of safety. Freight Technologies, a 48-employee freight software firm, does not appear to clear that bar. In fiscal year 2024, the year ended 2024-12-31, revenue was $13.7 million and net income was a loss of $5.6 million, or diluted EPS of -$6.14. In fiscal year 2023, revenue was $17.1 million and net loss was $9.3 million, or diluted EPS of -$194.87. So sales fell and losses continued. The only bright spot in the filed figures is fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $3.0 million and net income was $649,238, or diluted EPS $0.02. But fiscal Q1 2025, the quarter ended 2025-03-31, lost $1.6 million on $4.1 million of revenue. FairStock calculations at the 2026-10-13 close of $0.28 show a market cap of $2.5 million, P/B of 0.25, P/E of 0.00, ROE of -338.28%, ROCE of -40.30%, and FCF yield of -196.8% on TTM FCF of -$4.8 million. The Altman Z-Score is -5.81 and Piotroski F-Score is 4/9. A P/B below one can attract a Graham-minded investor, but book value is only meaningful if the enterprise can stop consuming cash. Here, negative free cash flow, shrinking revenue, and a distressed balance-sheet score suggest the apparent cheapness may be a value trap. I see no clear moat: cross-border freight software is competitive, and this firm lacks scale. Growth trajectory is negative, and the absence of three years of filed results makes a Lynch category unavailable. Until cash flow and revenue stabilize, the margin of safety is doubtful.

In plain English: Freight Technologies is a small software company that helps move freight across the U.S.-Mexico border. It is losing money, sales are shrinking, and it burns cash. The stock price is very low, and it looks cheap compared with the company’s accounting value, but the weak finances make that cheapness risky.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · fiscal Q2 2024 10-Q (period ended 2024-06-30) · fiscal Q1 2024 10-Q (period ended 2024-03-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer