earnings
confidence high
sentiment negative
materiality 0.70
Freight Technologies narrows Q1 loss to $1.6M; lowers FY2025 revenue guidance on tariff headwinds
Freight Technologies, Inc.
2025-Q1 EPS reported
-$0.73
revenue$4,100,640
- Net loss improved to $1.6M from $2.3M YoY; gross margin rose to 12.4% from 5.4%.
- FY2025 revenue guidance lowered to $20M-$23M; cites tariffs on US-Mexico cross-border trade.
- Launched Fleet Rocket TMS and purchased $5.2M of FET tokens for AI development.
- FY2025 gross profit guided to $2M-$2.8M; operating loss between ($4.2M) and ($5.5M).
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