earnings
confidence high
sentiment neutral
materiality 0.65
Fr8Tech reports Q2 net profit of $0.65M on crypto gains; lowers FY 2025 revenue outlook to $13M-$16M
Freight Technologies, Inc.
2025-Q2 EPS reported
-$0.85
revenue$7,090,550
- Net profit of $649K (21.7% net margin) for Q2 2025, driven by cryptocurrency treasury gains.
- Operating loss improved to -$1.5M from -$1.7M YoY on higher brokerage margins and lower expenses.
- Initial enterprise sales of Fleet Rocket TMS; purchased Official Trump coins into crypto treasury.
- FY 2025 guidance lowered: revenue $13M-$16M, operating loss -$4.5M to -$6.3M (vs prior).
- Cash position and equity improved in H1 2025; interest expense lowered.
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