Freightos plans to reinvest in its products this year, as it edges nearer to profitability after more than halving its operating expenses in 2024 and seeing revenue increase 17%.
Its loss last year shrank 65% from 2023’s $65m, to a deficit of $22.4m, while revenues grew to $23.7m. Full-year adjusted ebitda grew to -$12.6m, a 33% improvement on the prior -$19m.
Teresa Carreras, FP&A director, standing in for recently appointed CFO Pablo …
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