Freight Technologies released its second quarter results for 2025, showing improvements in profit margin and a reduction in net loss.
The company achieved a net profit of $649 thousand with a 21.7% profit margin for the three months ended June 30, 2025.
Fr8Tech made progress in transitioning to a SaaS provider in the logistics space and completed initial sales of Fleet Rocket, a Transportation Management System software solution.
Profit Margin % Improvement
Achieved a net profit of $649 thousand with a 21.7% net profit margin for Q2 2025.
Lower Net Loss
Operating loss improved year-over-year from -$1.7 million in Q2 2024 to -$1.5 million in Q2 2025.
Fleet Rocket Sales
Completed initial enterprise sales of Fleet Rocket, a cost-effective TMS software solution for freight brokerage and shipping operations.
- Fr8Tech demonstrated profitability through crypto investments and operational improvements despite trade policy uncertainty affecting the brokerage business.
- The company's focus on higher margin software sales, AI innovations, and selective customer engagement contributed to lowering revenue and operating margin outlook for 2025.
Despite challenges, Freight Technologies Inc. remains committed to digital logistics innovation and optimizing supply chain processes with AI and machine learning technologies.