For the quarter ending 2025-06-30, FRGT made $2,989,910 in revenue. $891,034 in net income. Net profit margin of 29.80%.
| Income Statement | 2025-06-30 | 2025-03-31 | ||
|---|---|---|---|---|
| Revenue | 2,989,910 | 4,100,640 | ||
| Sales and marketing | 46,844 | 16,045 | ||
| General and administrative | 663,272 | 596,753 | ||
| Compensation and employee benefits | 1,109,141 | 1,254,789 | ||
| Depreciation and amortization | 106,935 | 103,854 | ||
| Cost of revenue | 2,534,689 | 3,593,300 | ||
| Total cost and expenses | 4,460,881 | 5,564,741 | ||
| Operating loss | -1,470,971 | -1,464,101 | ||
| Interest expense, net | 208,245 | 134,864 | ||
| Unrealized gain (loss) in fair value of cryptocurrency | 2,427,754 | - | ||
| Realized gain (loss) in value of sold cryptocurrency | -80,057 | - | ||
| Change in fair value of convertible note | 0 | - | ||
| Income (loss) before provision for income taxes | 668,481 | -1,598,965 | ||
| Income tax expense | 19,243 | 3,081 | ||
| Net income (loss) | 649,238 | -1,602,046 | ||
| Foreign currency translation gain (loss) | 241,796 | 20,820 | ||
| Comprehensive income (loss) | 891,034 | -1,581,226 | ||
| Basic net income (loss) per share attributable to ordinary shareholders | 0.38 | -0.73 | ||
| Basic weighted average shares outstanding | 1,692,519 | 2,182,281 | ||
| Diluted net income (loss) per share attributable to ordinary shareholders, | 0.02 | -0.73 | ||
| Diluted weighted average shares outstanding | 29,314,475 | 2,182,281 | ||
Freight Technologies, Inc. (FRGT)
Freight Technologies, Inc. (FRGT)