# Freight Technologies, Inc. (FRGT)

> Source: Nexqual · https://nexqual.com/FRGT · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Freight Technologies, Inc. (FRGT), nexqual.com/FRGT" · informational, not investment advice.

**Price:** USD 1.11 (-9.76% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 1.23 · day 1.11–1.25 · 52w 1.11–512.5 · market cap $68K · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2025): revenue $15.2M, net income -$5.2M (-33.9% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $10K; 1 not under a Rule 10b5-1 plan ($10K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $8K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y -96.2% vs S&P 500 +13.4%; 5Y -100.0% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2023 | FY2024 | TTM |
|---|---|---|---|
| Revenue | $17.1M | $13.7M | $15.2M |
| Operating income | -$8.3M | -$6.5M | -$6.7M |
| Net income | -$9.3M | -$5.6M | -$5.2M |
| EPS (diluted) | -$194870.00 | -$6140.00 | — |
| Free cash flow | -$5.8M | -$4.2M | — |
| Operating margin | -48.4% | -47.3% | -44.2% |
| Net margin | -54.7% | -40.8% | -33.9% |
| Revenue growth | — | -19.5% | — |
| Cash + short-term investments | $1.6M | $204K | — |
| Total debt | $3.1M | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2025)
P/S 0.0x · P/B 0.0x · Earnings yield -7567.14%

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-31 | Hrt Financial Lp |  | 7,382 | $10K | 92.9% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $8K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-28 | Hrt Financial Lp |  | 5,625 | $8K | 1.47 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -96.2% | -100.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -96.3% | -93.8% |
| Volatility (annualized) | 737.1% | 157.8% |
| Max drawdown | -99.6% (Oct 2025→Oct 2026) | -100.0% (Dec 2021→Oct 2026) |

## Peers (Software - Application)
APPF (AppFolio, Inc.) USD 210.62 -3.09% · DSGX (The Descartes Systems Group Inc) USD 93.96 -0.04% · TTAN (ServiceTitan, Inc.) USD 87.06 +2.18% · IDCC (InterDigital, Inc.) USD 327.28 -1.44% · YMM (Full Truck Alliance Co. Ltd.) USD 8.29 -0.72% · PCTY (Paylocity Holding Corporation) USD 177.19 -0.27%

## More
Full page: https://nexqual.com/FRGT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in FRGT's own 10-K filed 2025-04-14 (https://www.sec.gov/Archives/edgar/data/1687542/000164117225003944/form10-k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | App | "In Fr8App's service offering context, an API allows one of our customer's freight" |
| Partner | Uber (UBER) | "such as Uber Freight, Convoy, NEXT Trucking, and Cargo-Partner have each accessed the 3PL market with the support of private financing" |

## Revenue by product line (quarter ended 2025-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Frieght Transportation Brokerage | $2.1M | 70.5% | -2.7% |
| Dedicated Capacity | $883,414 | 29.5% | -47.2% |
| Total revenue | $3.0M | 100% | — |

## Revenue by region (quarter ended 2025-03-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Mexico | $2.6M | 63.3% | +2.0% |
| United States | $1.5M | 36.7% | -13.7% |
| Total revenue | $4.1M | 100% | — |

## Customer concentration

Period ended 2025-06-30: 48% of revenue from unnamed direct customers (10-Q, filed 2025-08-18).

## Company outlook (8-K filed 2025-08-21)

- "(2) selective customer engagement with our freight brokerage services, (3) and, potential economic impact of higher tariffs on US-Mexico cross border trade, the Company is lowering its revenue and operating margin outlook for 2025."
- "Our revised outlook for the full year 2025 is: ● Revenue: $13 million to $16 million ● Operating Loss: -$4.5 million to -$6.3 million About Freight Technologies Inc."
- "Fr8Tech's and Fr8App Inc.'s actual results may differ from their expectations, estimates and projections and, consequently, readers should n"

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2025-12-31) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |