Freight Technologies, Inc. (FRGT)

USD 1.56

(-6.59%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 17.06 Million 25.88 Million 21.47 Million 9.2 Million 4.17 Million 3.24 Million
Cost of Revenue 22.07 Million 23.62 Million 19.55 Million 8.41 Million 3.84 Million 2.92 Million
Gross Profit -5.01 Million 2.26 Million 1.91 Million 794.37 Thousand 331.06 Thousand 317.98 Thousand
Operating Expenses 9.61 Million 9.32 Million 6.72 Million 5.5 Million 3.39 Million 2.38 Million
Selling, General and Administrative Expenses 3.24 Million 9.08 Million 6.42 Million 4.97 Million 2.73 Million 1.85 Million
Research and Development Expenses - - - - - 3.51 Million
Other Expenses - 243.33 Thousand 302.1 Thousand 531.02 Thousand 659.96 Thousand 534.54 Thousand
Cost and Expenses 25.32 Million 32.95 Million 26.28 Million 13.91 Million 7.24 Million 5.31 Million
Operating Income -8.26 Million -7.06 Million -4.8 Million -4.7 Million -3.06 Million -2.06 Million
Interest Expense 807.93 Thousand 907.01 Thousand 1.13 Million 334.17 Thousand 428.77 Thousand 340.48 Thousand
Income Tax Expense 104.94 Thousand 90.51 Thousand 40.26 Thousand 23.05 Thousand 9981.00 -1.7 Million
Earnings before Tax -9.22 Million -8.09 Million -8.16 Million -5.82 Million -3.49 Million -2.4 Million
Net Income -9.32 Million -8.18 Million -8.2 Million -5.85 Million -3.5 Million -2.4 Million
Earnings Per Share Basic -194.87 -20.96 -41.44 -20.10 -17.43 -11.98
Earnings Per Share Diluted -194.87 -20.96 -40.97 -20.10 -17.43 -11.98
Weighted Average Shares Outstanding 47.86 Thousand 390.56 Thousand 197.87 Thousand 291.18 Thousand 201.03 Thousand 201.03 Thousand
Weighted Average Shares Outstanding (Diluted) 47.86 Thousand 390.56 Thousand 200.17 Thousand 291.18 Thousand 201.03 Thousand 201.03 Thousand
Gross Margin -0.29 0.09 0.09 0.09 0.08 0.10
EBIT Margin -0.47 -0.26 -0.34 -0.45 -0.58 -0.47
Profit Margin -0.55 -0.32 -0.38 -0.64 -0.84 -0.74
EBITDA -8.01 Million -6.94 Million -4.79 Million -4.69 Million -3.05 Million -2 Million
Earnings Before Tax Margin -0.48 -0.27 -0.22 -0.51 -0.73 -0.64

Income Statement Charts