Freight Tech | 10-Q: FY2025 Q2 Revenue: USD 7.091 M

LB filings
2025.08.18 21:32
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Revenue: As of FY2025 Q2, the actual value is USD 7.091 M.

EPS: As of FY2025 Q2, the actual value is USD -0.02.

EBIT: As of FY2025 Q2, the actual value is USD -2.935 M.

Segment Revenue

  • Freight Transportation Brokerage: Revenue for the three months ended June 30, 2025, was $2,106,496, compared to $2,165,808 for the same period in 2024. For the six months ended June 30, 2025, revenue was $4,741,667, compared to $4,675,171 in 2024.
  • Dedicated Capacity: Revenue for the three months ended June 30, 2025, was $883,414, compared to $1,672,034 for the same period in 2024. For the six months ended June 30, 2025, revenue was $2,348,883, compared to $3,450,431 in 2024.

Operational Metrics

  • Net Income (Loss): For the three months ended June 30, 2025, net income was $649,238, compared to a net loss of -$1,954,556 for the same period in 2024. For the six months ended June 30, 2025, net loss was -$952,808, compared to -$4,211,006 in 2024.
  • Operating Loss: For the three months ended June 30, 2025, operating loss was -$1,470,971, compared to -$1,704,951 for the same period in 2024. For the six months ended June 30, 2025, operating loss was -$2,935,071, compared to -$3,788,697 in 2024.

Cash Flow

  • Net Cash Used in Operating Activities: For the six months ended June 30, 2025, net cash used in operating activities was -$5,039,217, compared to -$4,857,126 for the same period in 2024.
  • Net Cash Used in Investing Activities: For the six months ended June 30, 2025, net cash used in investing activities was -$984,831, compared to -$173,879 in 2024.
  • Net Cash Provided by Financing Activities: For the six months ended June 30, 2025, net cash provided by financing activities was $6,407,563, compared to $3,923,593 in 2024.

Future Outlook and Strategy

  • Core Business Focus: The company plans to continue focusing on its core business areas, including the Fr8App platform for cross-border shipping, Fr8Now for LTL shipping, and Fr8Fleet for dedicated capacity services. The company aims to improve matching and operational efficiency through innovative technologies such as live pricing and real-time tracking.
  • Non-Core Business: The company is exploring opportunities in digital freight matching platforms and aims to leverage the growing interest in these platforms to improve end-to-end freight procurement transactions.
Source: LB filings The copyright of this article belongs to the original author/organization.
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