Fr8Tech Q3 revenue rises 30% to USD 2.5 million

Reuters12-11
Fr8Tech Q3 revenue rises 30% to USD 2.5 million

Freight Technologies Inc. (Fr8Tech) reported its financial results for the third quarter ended September 30, 2025. Revenue for the quarter was USD 2.5 million. For the nine-month period ended September 30, 2025, revenue totaled USD 9.5 million. The company reported an improved year-to-date operating loss of USD 4.3 million, narrowing from a USD 5.5 million loss in the prior-year period, supported by a shift toward higher-margin brokerage business and lower operating expenses. Fr8Tech updated its full-year 2025 outlook, now expecting revenue in the range of USD 12 million to USD 14 million and an operating loss between USD 5.5 million and USD 6.5 million, reflecting current market conditions and the company's continued transition toward software- and AI-driven logistics solutions.

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