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Freight Technologies | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Freight Technologies | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Freight Technologies | 6-K：外国发行人报告
美股SEC公告 ·  2024/09/05 21:52

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Freight Technologies announced strong H1 2024 results with revenue increasing 6.6% YoY to $8.1 million. The company's gross profits grew 40% YoY to $1.0 million, with gross margin improving 280 basis points to 11.8%. Fr8Fleet business showed remarkable growth with revenue doubling YoY and shipments up 82%. The company revised its full-year 2024 revenue forecast to $15-20 million.The company unveiled its new Transportation Management System (TMS) solution, designed to serve as a comprehensive digital command center for logistics operations. The TMS offers real-time shipment tracking, carrier selection, route management, and integration with inventory and billing systems. This SaaS solution is expected to generate gross margins between 50-80%.The company's product portfolio includes Fr8App for B2B cross-border shipping, Fr8Now for LTL shipping, Fr8Fleet for enterprise clients in Mexico, and Waavely for ocean freight management. These solutions are interconnected within a unified platform leveraging AI models to enhance efficiency across the supply chain.
Freight Technologies announced strong H1 2024 results with revenue increasing 6.6% YoY to $8.1 million. The company's gross profits grew 40% YoY to $1.0 million, with gross margin improving 280 basis points to 11.8%. Fr8Fleet business showed remarkable growth with revenue doubling YoY and shipments up 82%. The company revised its full-year 2024 revenue forecast to $15-20 million.The company unveiled its new Transportation Management System (TMS) solution, designed to serve as a comprehensive digital command center for logistics operations. The TMS offers real-time shipment tracking, carrier selection, route management, and integration with inventory and billing systems. This SaaS solution is expected to generate gross margins between 50-80%.The company's product portfolio includes Fr8App for B2B cross-border shipping, Fr8Now for LTL shipping, Fr8Fleet for enterprise clients in Mexico, and Waavely for ocean freight management. These solutions are interconnected within a unified platform leveraging AI models to enhance efficiency across the supply chain.
Freight Technologies公布了2024年上半年的强劲业绩，营业收入同比增长6.6%，达到810万。这家公司的毛利同比增长40%，达到100万，毛利率提升了280个基点，达到11.8%。Fr8Fleet业务显示出显著增长，营业收入同比翻倍，发货量增长82%。公司调整了2024年全年营业收入预测，至1500-2000万。公司推出了新的运输管理系统（TMS）解决方案，旨在作为物流操作的综合数字指挥中心。TMS提供实时发货跟踪、承运人选择、路线管理以及与库存和账单系统的集成。预计该SaaS-云计算解决方案将产生50-80%的毛利率。公司的产品组合包括B20亿跨境运输的Fr8App、LTL运输的Fr8Now、面向墨西哥企业客户的Fr8Fleet以及用于海洋货运管理的Waavely。这些解决方案在一个统一的平台内互联，利用人工智能模型提升供应链效率。
Freight Technologies公布了2024年上半年的强劲业绩，营业收入同比增长6.6%，达到810万。这家公司的毛利同比增长40%，达到100万，毛利率提升了280个基点，达到11.8%。Fr8Fleet业务显示出显著增长，营业收入同比翻倍，发货量增长82%。公司调整了2024年全年营业收入预测，至1500-2000万。公司推出了新的运输管理系统（TMS）解决方案，旨在作为物流操作的综合数字指挥中心。TMS提供实时发货跟踪、承运人选择、路线管理以及与库存和账单系统的集成。预计该SaaS-云计算解决方案将产生50-80%的毛利率。公司的产品组合包括B20亿跨境运输的Fr8App、LTL运输的Fr8Now、面向墨西哥企业客户的Fr8Fleet以及用于海洋货运管理的Waavely。这些解决方案在一个统一的平台内互联，利用人工智能模型提升供应链效率。
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