<span item_type="fundamental" item_id="666e4c255c3fa68a4688e79e51047f21" counter_id="ST/US/FRGT" env="prod"></span><span item_type="announcement" item_id="518161994642102401" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 4.101 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.73.</p><p>EBIT: As of FY2025 Q1, the actual value is USD -1.599 M.</p><p></p><h3>Gross Margin</h3><ul><li>Gross margin percentage increased by 7.0% year-over-year, reaching 12.4% in Q1 2025 compared to 5.4% in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span></li></ul><h3>Net Loss</h3><ul><li>Net loss improved by $0.7 million year-over-year, amounting to - $1.6 million in Q1 2025 from - $2.3 million in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span></li></ul><h3>Operating Loss</h3><ul><li>Operating loss was - $1.464 million in Q1 2025, compared to - $2.084 million in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Cash flow from operations improved by $0.2 million year-over-year, resulting in - $3.1 million in Q1 2025 from - $3.3 million in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company purchased $5.2 million of FET tokens to initiate a cryptocurrency treasury.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company is lowering the high-end of its revenue and margin outlook for 2025 due to expected economic impacts from higher tariffs on US-Mexico cross-border trade. It anticipates recovering most cross-border volume with domestic shipments but remains cautious due to trade policy uncertainties. Revised revenue outlook for 2025 is between $20 million and $23 million, with gross profit expected between $2 million and $2.8 million, and operating loss between - $4.2 million and - $5.5 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/ex99-1.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1687542/000164117225011612/form8-k.htm"></span></li></ul>

Freight Tech | 8-K: FY2025 Q1 Revenue: USD 4.101 M