Freight Technologies Announces Unaudited Financial Results for the Six Months Ended June 30, 2024
Freight Technologies (FRGT) has announced its unaudited financial results for the six-month period ending June 30, 2024. The logistics management innovation company, which provides technology-driven solutions for supply chain ecosystem challenges, has made its earnings release available through a Form 8-K filing and on their investor relations website at fr8technologies.com/investors.
Freight Technologies (FRGT) ha annunciato i risultati finanziari non auditati per il periodo di sei mesi concluso il 30 giugno 2024. La compagnia di innovazione nella gestione della logistica, che offre soluzioni basate sulla tecnologia per le sfide dell'ecosistema della supply chain, ha reso disponibili i risultati delle sue entrate tramite una presentazione di Modulo 8-K e sul loro sito web per le relazioni con gli investitori all'indirizzo fr8technologies.com/investors.
Freight Technologies (FRGT) ha anunciado sus resultados financieros no auditados para el período de seis meses que finalizó el 30 de junio de 2024. La compañía de innovación en gestión logística, que ofrece soluciones impulsadas por la tecnología para los desafíos del ecosistema de la cadena de suministro, ha puesto sus resultados disponibles a través de una presentación del Formulario 8-K y en su sitio web de relaciones con los inversores en fr8technologies.com/investors.
Freight Technologies (FRGT)는 2024년 6월 30일로 종료된 6개월 동안의 감사되지 않은 재무 결과를 발표했습니다. 공급망 생태계 문제를 해결하기 위해 기술 기반 솔루션을 제공하는 물류 관리 혁신 회사인 이들은 Form 8-K 제출 및 그들의 투자자 관계 웹사이트인 fr8technologies.com/investors를 통해 수익 발표를 제공했습니다.
Freight Technologies (FRGT) a annoncé ses résultats financiers non audités pour la période de six mois se terminant le 30 juin 2024. L'entreprise d'innovation en gestion logistique, qui propose des solutions technologiques pour les défis de l'écosystème de la chaîne d'approvisionnement, a rendu ses résultats disponibles par le biais d'un dépôt de Formulaire 8-K et sur leur site web dédié aux relations avec les investisseurs à l'adresse fr8technologies.com/investors.
Freight Technologies (FRGT) hat seine ungeprüften Finanzergebnisse für den sechsmonatigen Zeitraum, der am 30. Juni 2024 endet, bekannt gegeben. Das innovative Unternehmen im Bereich Logistikmanagement, das technologiegetriebene Lösungen für Herausforderungen im Ökosystem der Lieferkette anbietet, hat seine Gewinnausschüttung über eine 8-K-Meldung sowie auf seiner Investor-Relations-Website unter fr8technologies.com/investors zur Verfügung gestellt.
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Insights
The provided article lacks substance as it merely announces the filing of financial results without disclosing any actual figures or performance metrics. While earnings releases are typically significant events for publicly traded companies, this announcement is essentially a notification of document availability rather than a meaningful disclosure of financial performance.
For FRGT, a micro-cap company with a market capitalization of just
The referral to external sources (Form 8-K and company website) without providing immediate access to critical financial data diminishes the news value. This type of announcement, without accompanying financial details, typically generates minimal market impact and offers actionable insight for investors.
HOUSTON , Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today reported financial and operating results for the six months ended June 30, 2024.
A copy of the earnings release has been furnished in the Company’s Form 8-K filing and is also available on Fr8Tech’s investor relations website at fr8technologies.com/investors.
About Freight Technologies Inc.
Freight Technologies (Nasdaq: FRGT) (“Fr8Tech") is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for seamless OTR B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; and Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide. Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.
These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with the Securities Exchange Commission.
Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.
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