Frieght Transportation Brokerage was Freight Technologies’s largest product and service line in fiscal 2024, bringing in $8.64M of $13.73M (63%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Frieght Transportation Brokerage | $21.41M | $23.47M | $13.47M | $8.64M | ||||
| Third Parties | — | — | — | — | ||||
| Dedicated Capacity | $62.70K | $2.42M | $3.59M | $5.09M | ||||
| Total | $21.47M | $25.89M | $17.06M | $13.73M |
Freight Technologies brought in $13.73M from its two product and service lines in fiscal 2024, the year ended December 31, 2024. That was down 19.5% from $17.06M in fiscal 2023. Frieght Transportation Brokerage was the largest at $8.64M (62.9%), ahead of Dedicated Capacity at $5.09M (37.1%).
Compared with fiscal 2023, Dedicated Capacity grew 42.0% to $5.09M, while Frieght Transportation Brokerage fell 35.9% to $8.64M. From fiscal 2021 to 2024, combined revenue from these lines fell from $21.47M to $13.73M, a compound annual decline of 13.9%. Frieght Transportation Brokerage's share of the total fell from 99.7% to 62.9%.
Mexico was Freight Technologies’s largest region in fiscal 2024, bringing in $8.86M of $13.73M (65%).
| Geography | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|
| United States | $20.16M | $20.07M | $9.87M | $4.87M |
| Mexico | $1.32M | $5.82M | $7.19M | $8.86M |
| Total | $21.47M | $25.89M | $17.06M | $13.73M |
Freight Technologies brought in $13.73M from its two regions in fiscal 2024, the year ended December 31, 2024. That was down 19.5% from $17.06M in fiscal 2023. Mexico was the largest at $8.86M (64.6%), ahead of United States at $4.87M (35.4%).
Compared with fiscal 2023, Mexico grew 23.3% to $8.86M, while United States fell 50.7% to $4.87M. From fiscal 2021 to 2024, combined revenue from these regions fell from $21.47M to $13.73M, a compound annual decline of 13.9%. Mexico's share of the total rose from 6.1% to 64.6%.
Freight Technologies (FRGT) reports its revenue by product and service and by geography. In fiscal 2024, Frieght Transportation Brokerage was its largest product and service line, bringing in $8.64M (62.9% of the total), followed by Dedicated Capacity at $5.09M (37.1%).
Frieght Transportation Brokerage was Freight Technologies' largest product and service line in fiscal 2024, bringing in $8.64M, or 62.9% of the $13.73M total across its two product and service lines.
Mexico was Freight Technologies' largest region in fiscal 2024, bringing in $8.86M, or 64.6% of the $13.73M total across its two regions.
Dedicated Capacity grew faster than Frieght Transportation Brokerage in fiscal 2024, up 42.0% from $3.59M to $5.09M. Frieght Transportation Brokerage fell 35.9% to $8.64M.
Every figure comes from Freight Technologies' annual financial filings, as reported. Each line keeps the name Freight Technologies gives it, and years follow its fiscal calendar.
Freight Technologies' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.