Freight Technologies (FRGT) Income Statement: Revenue & Earnings

Freight Technologies Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Freight Technologies, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	13.73	17.06	25.89	21.47	9.21
Cost of Revenue	18.17	21.67	23.63	23.27	10.62
Gross Profit	-4.44	-4.61	2.26	-1.80	-1.42
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	7.40	3.24	9.08	2.71	2.76
Operating Expenses	2.05	3.65	9.32	3.01	3.29
Operating Income	-6.49	-8.26	-7.06	-4.81	-4.71
Other Income/Expense
Interest Income	0.00	0.01	0.03	0.03	0.00
Interest Expense	0.68	-0.81	0.91	-1.17	-0.33
Other Income/Expense	0.96	-0.15	-0.13	-2.33	0.00
Income
Income Before Tax	-5.53	-9.22	-8.10	-8.16	-5.83
Income Tax Expense	0.07	0.10	0.09	0.04	0.02
Net Income	-5.60	-9.33	-8.19	-8.20	-5.85
Net Income - Continuous Operations	-5.60	-9.33	-8.19	-8.20	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-4.43	-8.24	-6.95	-4.79	-4.70
EBIT	-6.49	-8.26	-7.19	-4.81	-4.71
Depreciation & Amortization	0.43	0.02	0.24	0.02	0.01
Earnings Per Share
Basic EPS	-25.00	-3897.00	-24885.00	-62127.00	-2.00
Diluted EPS	-25.00	-3897.00	-24885.00	-62127.00	-2.00
Basic Shares Outstanding	0.23	0.00	0.00	0.00	2.43
Diluted Shares Outstanding	0.23	0.00	0.00	0.00	2.43