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February 2026 Investor Presentation Nasdaq: CRGO
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2 About this Presentation This presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security. Please see our SEC filings for the most up to date information. The information contained herein does not purport to be all-inclusive and none of Freightos or its affiliates or representatives makes any representation or warranty, express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. Viewers of this Presentation should make their own evaluation of Freightos and of the relevance and accuracy of the information contained herein and should make such other investigations as they deem necessary. This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of Freightos, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. You should not construe the contents of this Presentation as legal, tax, accounting or investment advice or a recommendation. You should consult your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by viewing this Presentation, you confirm that you are not relying upon the information contained herein to make any investment decision. For purposes of this Disclaimer “presentation” means the slides and any discussion of the slides. Financial Information; Non-IFRS (Non-GAAP) Financial Measures While certain financial figures included in this Presentation have been computed in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board, this Presentation does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, “Interim Financial Reporting” nor a financial statement as defined by International Accounting Standards 1 “Presentation of Financial Statements”. Not all of the financial information in this Presentation has been audited. In addition, this Presentation may include revenue on a constant currency basis, a measure not presented in accordance with IFRS and, this Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles (“GAAP”) including, but not limited to, Adjusted EBITDA. Therefore, these measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under IFRS. You should be aware that the presentation of these measures may not be comparable to similarly-titled measures used by other companies. Freightos believes that revenue on a constant currency basis, EBITDA and other non-GAAP measures provide useful information to investors and others in understanding and evaluating Freightos’ operating results because they provide supplemental measures of our core operating performance and offers consistency and comparability with both past financial performance and with financial information of peer companies. Certain monetary amounts, percentages and other figures included in this press release have been subject to rounding adjustments. Certain other amounts that appear in this Presentation may not sum due to rounding. Industry and Market Data This Presentation includes certain information and statistics obtained from third-party sources. Freightos has not independently verified the accuracy or completeness of any such third-party information. Disclaimer
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3 This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Freightos and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Freightos. These forward-looking statements are subject to a number of risks and uncertainties, including Freightos’ ability to effectively execute the previously announced operational efficiency and cost reduction plan without undue disruption to its business; competition and the ability of Freightos to build and maintain relationships with carriers, freight forwarders and importers/exporters and retain its management and key employees; changes in applicable laws or regulations; any downturn or volatility in economic conditions whether related to inflation, armed conflict or otherwise; the effects of COVID-19 or other pandemics or epidemics; changes in the competitive environment affecting Freightos or its users, including Freightos’ inability to introduce new products or technologies; risks to Freightos’ ability to protect its intellectual property and avoid infringement by others, or claims of infringement against Freightos; the possibility that Freightos may be adversely affected by other economic, business and/or competitive factors; risks related to the fact that Freightos is incorporated in the Cayman Islands and governed by the laws of the Cayman Islands; and those factors discussed in Freightos’ annual report on Form 20-F filed with the SEC on March 30, 2023, under the heading “Risk Factors,” and any other risk factors Freightos includes in any subsequent reports on Form 6-K furnished to the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Freightos does not presently know or that Freightos currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Freightos’ expectations, plans or forecasts of future events and views as of the date of this press release. Freightos anticipates that subsequent events and developments will cause Freightos’ assessments to change. However, while Freightos may elect to update these forward-looking statements at some point in the future, Freightos specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Freightos’ assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Disclaimer
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Digitalizing Global Freight The booking.com of international cargo 4
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5 Carriers Importers /Exporters FreightForwarders Sources: Company estimates A $600B+ industry still run mostly offline Freight booking today requires manual coordination across multiple parties, with opaque pricing and delays
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6 Forwarders and shippers need real-time procurement to support real-time decisions And supply chains that change every minute 6 Carriers are seeking greater control over pricing, yield, and distribution Rate and capacity volatility and disruptions
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7 A vendor-neutral digital backbone connecting global freight procurement Carriers Freight Forwarders Importers / Exporters Platform Platform
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8 Strong transaction growth reflects rising adoption across the ecosystem and increasing liquidity Number of Transactions
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Solutions (SaaS subscriptions, data, procurement) 9 The pricing and booking operating system that powers that growth Rate management Sales Portal Market Intelligence Tendering Procurement Market Intelligence Sales Portal Market Intelligence Carriers Freight Forwarders Importers / Exporters Platform Platform
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Solutions SaaS subscriptions, data, procurement 10 Creating a unique double-sided SaaS-enabled marketplace Analogy PlatformCarriers Freight Forwarders Importers / ExportersPlatform
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Significant adoption across key freight ecosystem participants Importers / Exporters 13,000+ Forwarder Customers 4,000+ Platform Active Carriers 77 Platform Unique Buyer Users 20,700 Forwarders 20 of top 20 Cargo Airlines 19 of top 20 11
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12 13:50 Forwarder usage expansion drives carrier-side booking growth and retention Q4 25 Platform Bookings (#) by Cohort 16 Quarters 12 Quarters 8 Quarters 4 Quarters
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2019 2020 2021 2022 2023 2024 2025 2026-2028 Expanding from Workflow to Liquidity Across Modes Air Rate Management (solution) Air carrier booking (platform) Procure (tender management solution) Ocean Rate Management (solution) Ocean carrier booking (platform) Tender booking (platform)
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Greater liquidity → better choice and pricing Freight forwarders A double marketplace flywheel that compounds liquidity and transaction depth Import/ exportersCarriers Higher transaction depth → better utilization and yield Scale, neutrality, and workflow integration create a durable barrier to replication
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Monetizing the network: SaaS and transaction fees 15 19:55 Solutions revenue: SaaS and Data solutions, primarily via recurring subscriptions to forwarders Platform revenue: Fees associated with Transactions booked between Buyers and Sellers of freight service
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Platform revenue dynamics: mix, fee model & growth timing Take Rate Growth rate Carrier - Forwarder Fee mostly flat / Transaction (stable) 16 Forwarder-shipper Fee mostly % of GBV Drivers of platform expansion over time: More transaction types and complexity More transaction touchpoints [More ocean supply and SMB adoption]
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17 A cost structure built to scale toward breakeven Non-IFRS Gross Margins
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18 On Track to Profitability With Cash at Hand -121% -104% -73% 17:03 * Represented EBITDA without the Shipsta acquisition, of approximately $2.7M . Cash and Short term deposits and investments ($M) Adjusted EBITDA Margin -73% Adjusted EBITDA ($K)
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19 2026 Plan SaaS-first to feed long term platform growth Evaluate focus based on customer impact, reliability, and ROI. Focus on end to end workflows
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20 2026 a Transition Year 18:03 This outlook assumes freight price levels and freight volumes as of February 2026 Management Expectations Q1 2026 FY 2026 Transactions (k) 446 - 451 1,937 - 1,975 Year over Year Growth 20% - 22% 18% - 20% GBV ($m) 335 - 341 1,514 - 1,537 Year over Year Growth 21% - 23% 18% - 20% Revenue ($m) 7.4 - 7.5 31.2 - 32.8 Year over Year Growth 7% - 9% 6% - 12% Adjusted EBITDA ($m) (2.9) - (2.8) (6.9) - (6.2)
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Long-term operating model and financial trajectory Management framework for 2027-2030 Revenue Growth of 25-30% per year #Transactions & GBV Growth of 20%-30% per year Gross Profit Margin 70-80% (non-IFRS) Adjusted EBITDA margin Up 8-12 percentage points per year
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22 Making global trade frictionless. freightos.com/investors | Nasdaq:CRGO
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23 Platform Volume KPIs Description #Transactions Number of bookings for freight services, and related services, placed by Buyers across the Freightos platform with third-party sellers and with Clearit. Sellers of Transactions include Carriers (that is, airlines, ocean liners and LCL consolidators) and also other providers of freight services such as trucking companies, freight forwarders, general sales agents, and air master loaders. The number of transactions booked on the Freightos platform in any given time period is net of transactions that were canceled prior to the end of the period. Transactions booked on white label portals hosted by Freightos are included if there is a transactional fee associated with them. #Buyer users Number of individual users placing bookings, typically counted based on unique email logins. The number of buyers, which counts unique customer businesses, does not reflect the fact that some buyers are large multinational organizations while others are small or midsize businesses. Therefore, we find it more useful to monitor the number of unique buyer users than the number of buyer businesses. #Carriers Number of unique air and ocean carriers, mostly airlines, that have been sellers of transactions. For airlines, we count booking carriers, which include separate airlines within the same carrier group. We do not count dozens of other airlines that operate individual segments of air cargo transactions, as we do not have a direct booking relationship with them. Carriers include ocean less-than-container load (LCL) consolidators. In addition, we only count carriers when more than five bookings were placed with them over the course of a quarter. Platform Financial KPIs Description Gross Booking Value (GBV) Total value of transactions on the Freightos platform, which is the monetary value of freight and related services contracted between buyers and sellers on the Freightos platform, plus related fees charged to buyers and sellers, and pass-through payments such as duties. GBV is converted to U.S. dollars at the time of each transaction on the Freightos platform. This metric may be similar to what others call gross merchandise value (GMV) or gross services volume (GSV). We believe that this metric reflects the scale of the Freightos platform and our opportunities to generate platform revenue. Take Rate The quotient of net platform revenue divided by GBV, General financial Description Platform Revenue Fees charged to buyers and sellers in relation to transactions executed on the Freightos platform. For bookings conducted by importers/exporters, our fees are typically structured as a percentage of booking value, depending on the mode and nature of the service. When freight forwarders book with carriers, the sellers often pay a pre-negotiated flat fee per transaction. When sellers transact with a buyer who is a new customer to the seller, we may charge a percentage of the booking value as a fee. Solutions Revenue Primarily subscription-based SaaS and data. It is typically priced per user or per site, per time period, with larger customers such as multinational freight forwarders or enterprise shippers often negotiating fixed, all-inclusive subscriptions. Revenue from our Solutions segment includes certain non-recurring revenue from services ancillary to our SaaS products, such as engineering, customization, configuration and go-live fees, and data services for digitizing offline data. Adjusted EBITDA Loss before income taxes, finance income, finance expense, share-based compensation expense, depreciation and amortization, Impairment of goodwill, changes in the fair value of contingent consideration, operating expense settled by issuance of shares, share listing expense, change in fair value of warrants, transaction-related costs, non-recurring expenses associated with the business combination with Gesher I Acquisition Corp, acquisition-related costs and reorganization expenses. Glossary