secwatch.observer — SEC 8-K summary
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Issuer:     Freight Technologies, Inc. (FRGT)
CIK:        0001687542
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001641172-25-004619
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freight Tech (FRGT) FY2024 net loss narrows to $5.6M; guides FY2025 rev $20-25M
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- Gross margin % rose 1.8 pts to 9.8% in FY2024; net loss narrowed $3.7M to -$5.6M.
- Cash from ops improved $1.6M to -$4.2M; revenue declined but not quantified.
- FY2025 outlook: revenue $20-25M, gross profit $2-3M, operating loss -$4M to -$5.5M.
- Launched Waavely ocean platform (Jul 2024), Fleet Rocket TMS (Feb 2025); Fr8Fleet revenue up 42% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225004619/0001641172-25-004619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687542/000164117225004619/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-004619

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