Freightos (CRGO) Emerging Growth Conference 92 summary

Leadership and strategic focus

• CEO transition completed in March, with Pablo Pinillos moving from CFO to CEO, emphasizing operational cadence and execution focus.

• Strategy now prioritizes areas with clear customer value, monetization, and ROI, reducing emphasis on experimental initiatives.

• Operating model refined for clearer ownership, tighter team alignment, and improved delivery consistency.

Business performance and market dynamics

• 2025 revenue reached $29.5 million, with solutions contributing about two-thirds and platform one-third.

• Q1 2026 saw 425,000 transactions, up 15% year-over-year but below expectations due to Middle East geopolitical disruptions.

• Network expanded to 79 carriers and 20,600 unique buyer users, with regional disruptions impacting sequential growth.

Cost discipline and profitability path

• Announced a cost optimization program, including up to 15% workforce reduction, aiming for $4.5 million in annualized savings starting Q4 2026.

• $1.3 million in one-time restructuring costs expected; actions align cost structure with strategic priorities.

• Commitment to reach adjusted EBITDA breakeven by end of 2026, with disciplined resource allocation and structural cost adjustments.