Freightos Limited
CRGO Industrials Integrated Freight & Logistics
Freightos Limited’s revenue for fiscal 2025 (year ended December 2025) was $29.5 million, up 23.9% from fiscal 2024. In the quarter to June 2026, revenue grew 3.40%, EPS grew 66.7%, free cash flow grew 46.4% and total debt rose 36.1%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
Follow CRGO
Freightos Limited (CRGO) Altman Z-score
Freightos Limited's Altman Z-score for fiscal 2025 is −1.68, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | −1.68 | (2.22) |
| FY2024 | 0.55 | (0.18) |
| FY2023 | 0.73 | 3.87 |
| FY2022 | −3.15 | (2.29) |
| FY2021 | −0.85 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.31 | — | 0.37 | |
| Retained earnings / total assets | (3.58) | — | −5.01 | |
| EBIT / total assets | (0.31) | — | −1.01 | |
| Market value of equity / total liabilities | 5.83 | — | 3.50 | |
| Sales / total assets | 0.47 | — | 0.47 | |
| Altman Z-score | Distress zone | −1.68 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −9.41 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| FLX BingEx Limited compare | 3.1× |
| ELOG Eastern International Ltd. compare | 2.2× |
| SFWL Shengfeng Development Limited compare | 2.2× |
| PAL Proficient Auto Logistics, Inc. compare | 1.5× |
| NCEW New Century Logistics (BVI) Limited compare | 1.4× |
| CRGO Freightos Limited | −1.7× |
| QNME Quanome Technologies, Inc. compare | −2.0× |
| CJMB Callan JMB Inc. compare | −4.3× |
| PSIG PS International Group Ltd. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets