Freight Technologies, Inc. operates as a transportation logistics technology platform company. The company through its subsidiary, Freight App, Inc., provides B2B cross-border shipping marketplace in the NAFTA region powered by AI and machine learning. Its Fr8App uses proprietary technology platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and capacity solutions. The company was formerly known as Hudson Capital Inc. and changed its name to Freight Technologies, Inc. in May 2022. Freight Technologies, Inc. is headquartered in The Woodlands, Texas.
Earnings for Freight Technologies, Inc. (FRGT)
Earnings in 2023 (TTM): $-9,222,658
According to Freight Technologies, Inc.'s latest financial reports the company's current earnings (TTM) are $-9,222,658. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Freight Technologies, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-9,222,658 | $-9,327,606 |
| 2022 | $-8,096,671 | $-8,187,182 |
| 2021 | $-8,160,541 | $-8,200,805 |
| 2020 | $-5,828,925 | $-5,851,976 |
| 2019 | $-3,495,045 | $-3,505,026 |
| 2018 | $-2,407,963 | $-2,407,963 |
| 2017 | $24.68 M | $24.05 M |
| 2016 | $16.34 M | $13.89 M |
| 2015 | $7.48 M | $5.61 M |