Freight Technologies

FRGTNASDAQUSD

THESIS ALERT

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$0.93
+$0.11 (+13.69%)Today 1M −72.18%
After hours$0.89−4.30%

Updated Nov 11, 4:00 PM ET · Regular session · May be delayed

Source valuation snapshot. Not a live recalculation.
Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
Diluted earnings per share from the latest filed annual.
$0.82
Prior regular-session close from the quote source.
$0.83–$0.93
Regular-session low and high so far today.
137.4K
Regular-session shares traded · Nov 11, 4:00 PM ET.
Not yet confirmed
The company has not confirmed its next report date. Reported quarters are available in the chart’s Earnings view.
$0.79–$342.50
52-week trading low and high returned by the quote source.

Understand the Business

Why the Stock Moved

Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.

The core investment thesis

Own FRGT if FRGT is a high-risk turnaround whose value depends on Fr8App building enough Mexico-centered freight-network density to escape cash burn before dilution or competitors overwhelm it.

FRGT price history

Latest price$0.93Today+$0.11 (+13.69%)
FRGT -71.77%S&P 500 -2.42%Since first plotted close
4 hours

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Investment thesis

What must happen next

4 MATERIAL PROPOSITIONS
  • Fr8App's shipper-carrier marketplace must regain lane density so customers see better capacity, pricing, or execution than they get from incumbent freight brokers.WeakeningMateriality: High

    FY2025 annual GAAP revenue remained material for a microcap freight platform at $13.1 million. If lane density rebuilds, FRGT can turn its platform into recurring freight volume; if it does not, the company remains a small, undifferentiated broker.

    Watch: Large brokers such as C.H. Robinson, Uber Freight, and other digital freight platforms win the same shipper lanes with broader carrier networks and stronger balance sheets.

    Supporting sources

    Source notes are factual paraphrases; read the original disclosures below.

    FY2025 annual GAAP revenue remained material for a microcap freight platform at $13.1 million.

    Open source ↗
  • The software-enabled, asset-light brokerage model must automate matching and back-office work enough that incremental freight volume requires less overhead.HoldingMateriality: High

    FY2025 annual GAAP operating loss improved to $5.9 million from $6.5 million in FY2024 and $8.3 million in FY2023. Operating leverage is the difference between a scalable freight-tech platform and a labor-intensive brokerage that keeps losing money.

    Watch: FRGT must add sales, support, claims, and carrier operations staff to win loads, proving the platform is not meaningfully automated.

    Supporting sources

    Source notes are factual paraphrases; read the original disclosures below.

    FY2025 annual GAAP operating loss improved to $5.9 million from $6.5 million in FY2024 and $8.3 million in FY2023.

    Open source ↗
  • Survival depends on obtaining capital or much better working-capital terms before the platform becomes self-funding, because the current liquidity base is too small for the burn profile.WeakeningMateriality: Medium

    Cash was only $0.35 million at December 31, 2025. Even if the product has value, shareholders can lose if funding comes late, on punitive terms, or through heavy dilution.

    Watch: Capital markets close to small loss-making freight-tech issuers, forcing distressed financing or inability to fund operations.

    Supporting sources

    Source notes are factual paraphrases; read the original disclosures below.

    Cash was only $0.35 million at December 31, 2025.

    Open source ↗
  • The Mexico-based operating footprint must become a real execution advantage through local carrier relationships and service quality, not just a low-cost staff location.HoldingMateriality: Medium

    The profile reports 82 employees as of April 14, 2025. A true local network advantage could protect customer relationships; without it, better-funded brokers can replicate the service and compress pricing.

    Watch: Global brokers, regional Mexican brokers, or digital freight competitors build equivalent local teams and carrier relationships.

    Supporting sources

    Source notes are factual paraphrases; read the original disclosures below.

    The profile reports 82 employees as of April 14, 2025.

    Open source ↗
Full investment case & evidence

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Original research

Fr8App's shipper-carrier marketplace must regain lane density so customers see better capacity, pricing, or execution than they get from incumbent freight brokers. If lane density rebuilds, FRGT can turn its platform into recurring freight volume; if it does not, the company remains a small, undifferentiated broker.

The software-enabled, asset-light brokerage model must automate matching and back-office work enough that incremental freight volume requires less overhead. Operating leverage is the difference between a scalable freight-tech platform and a labor-intensive brokerage that keeps losing money.

Survival depends on obtaining capital or much better working-capital terms before the platform becomes self-funding, because the current liquidity base is too small for the burn profile. Even if the product has value, shareholders can lose if funding comes late, on punitive terms, or through heavy dilution.

The Mexico-based operating footprint must become a real execution advantage through local carrier relationships and service quality, not just a low-cost staff location. A true local network advantage could protect customer relationships; without it, better-funded brokers can replicate the service and compress pricing.

All standing thesis claims
Original report summary

FRGT is a high-risk turnaround whose value depends on Fr8App building enough Mexico-centered freight-network density to escape cash burn before dilution or competitors overwhelm it.

Evidence assessed Oct 21, 2026. Expand each conclusion for its evidence and what would change it. Thesis evidence—not a buy or sell recommendation.

Bull case and bear case

Bull case and bear case for Freight Technologies

Where the evidence on Freight Technologies disagrees: Mixed on the latest evidence (Oct 21, 2026). Of its 4 thesis points, 2 holding and 2 weakening.

Bull case: what the evidence supports

  • The software-enabled, asset-light brokerage model must automate matching and back-office work enough that incremental freight volume requires less overhead.

    sec.gov ↗

  • The Mexico-based operating footprint must become a real execution advantage through local carrier relationships and service quality, not just a low-cost staff location.

    sec.gov ↗

Bear case: what the evidence questions

  • Fr8App's shipper-carrier marketplace must regain lane density so customers see better capacity, pricing, or execution than they get from incumbent freight brokers.

    sec.gov ↗

  • Survival depends on obtaining capital or much better working-capital terms before the platform becomes self-funding, because the current liquidity base is too small for the burn profile.

    sec.gov ↗

Thesis-Break Engine

Thesis-break watch · Freight Technologies

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How the Thesis-Break Engine works →Historical outcomes are measured against the market after past breaks of the same kind, across all companies. Not a prediction.

MARKET + FINANCIAL SNAPSHOT

The numbers behind the thesis

Sourced from filings and market data

What Changed

  1. Mixed
    Foreign issuer material report (6-K).

    Freight Technologies filed an SEC report on 2026-10-19: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.

  2. Mixed
    Foreign issuer material report (6-K).

    Freight Technologies filed an SEC report on 2026-10-15: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.

  3. Mixed
    Foreign issuer material report (6-K).

    Freight Technologies filed an SEC report on 2026-07-15: Foreign issuer material report (6-K). It is a dated development that tests the current thesis.

Risks / falsifiers

What could break the thesis

  • Large brokers such as C.H. Robinson, Uber Freight, and other digital freight platforms win the same shipper lanes with broader carrier networks and stronger balance sheets.
  • FRGT must add sales, support, claims, and carrier operations staff to win loads, proving the platform is not meaningfully automated.
  • Capital markets close to small loss-making freight-tech issuers, forcing distressed financing or inability to fund operations.
  • Global brokers, regional Mexican brokers, or digital freight competitors build equivalent local teams and carrier relationships.

FRGT news

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Financial statements

FRGT income statement

Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.

FRGT: quick answers

What is FRGT's short interest?
As of October 30, 2026, 237,439 FRGT shares were sold short, down 57.1% from the count before. At the stock's average daily volume that is 1.0 day to cover. FINRA publishes the count twice a month. FRGT short interest history
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