FRGT
Income statement / Annual
Last year (2023), Freight Technologies, Inc.'s total revenue was $17.06 M,
a decrease of 34.10% from the previous year.
In 2023, Freight Technologies, Inc.'s net income was -$9.33 M.
See Freight Technologies, Inc.,s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
Operating Revenue |
$17.06 M |
$25.89 M |
$21.47 M |
$9.21 M |
$4.18 M |
$3.25 M |
$29.20 M |
$18.62 M |
$9.73 M |
Cost of Revenue |
$22.08 M
|
$23.63 M
|
$19.56 M
|
$8.41 M
|
$3.85 M
|
$2.93 M
|
$729,752.00
|
$390,051.00
|
$243,411.00
|
Gross Profit |
-$5.02 M
|
$2.26 M
|
$1.92 M
|
$794,371.00
|
$331,069.00
|
$317,981.00
|
$28.47 M
|
$18.23 M
|
$9.49 M
|
Gross Profit Ratio |
-0.29
|
0.09
|
0.09
|
0.09
|
0.08
|
0.1
|
0.98
|
0.98
|
0.97
|
Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$3.51 M
|
$92,683.00
|
$0.00
|
$0.00
|
General & Administrative Expenses |
$3.16 M
|
$8.52 M
|
$6.33 M
|
$4.95 M
|
$2.61 M
|
$1.83 M
|
$3.17 M
|
$0.00
|
$0.00
|
Selling & Marketing Expenses |
$80,328.00
|
$557,471.00
|
$91,657.00
|
$23,622.00
|
$130,641.00
|
$20,234.00
|
$371,383.00
|
$0.00
|
$0.00
|
Selling, General & Administrative Expenses |
$3.24 M
|
$9.08 M
|
$6.42 M
|
$4.97 M
|
$2.74 M
|
$1.85 M
|
$3.54 M
|
$0.00
|
$0.00
|
Other Expenses |
$0.00
|
$243,334.00
|
$302,100.00
|
$531,027.00
|
$659,961.00
|
$534,543.00
|
-$3.63 M
|
-$1.58 M
|
-$1.72 M
|
Operating Expenses |
$3.24 M
|
$9.32 M
|
$6.72 M
|
$5.50 M
|
$3.40 M
|
$2.39 M
|
$3.63 M
|
$1.58 M
|
$1.72 M
|
Cost And Expenses |
$25.32 M
|
$32.95 M
|
$26.28 M
|
$13.92 M
|
$7.25 M
|
$5.31 M
|
$4.36 M
|
$1.97 M
|
$1.96 M
|
Interest Income |
$0.00
|
$25,000.00
|
$755.00
|
$334,170.00
|
$90.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
Interest Expense |
$807,939.00
|
$907,013.00
|
$1.14 M
|
$334,170.00
|
$428,773.00
|
$340,481.00
|
$0.00
|
$0.00
|
$0.00
|
Depreciation & Amortization |
$404,598.00
|
$243,334.00
|
$3,201.00
|
$1,179.00
|
$62,358.00
|
$59,907.00
|
$39,314.00
|
$9,979.00
|
$8,259.00
|
EBITDA |
-$8.01 M |
-$6.95 M |
-$4.79 M |
-$4.70 M |
-$3.05 M |
-$2.01 M |
$24.72 M |
$16.35 M |
$7.49 M |
EBITDA Ratio |
-0.47
|
-0.26
|
-0.34
|
-0.45
|
-0.58
|
-0.47
|
0.85
|
0.89
|
0.8
|
Operating Income Ratio |
-0.48
|
-0.27
|
-0.22
|
-0.51
|
-0.73
|
-0.64
|
0.85
|
0.89
|
0.8
|
Total Other Income/Expenses Net |
-$961,460.00
|
-$1.04 M
|
-$3.35 M
|
-$1.12 M
|
-$428,683.00
|
-$340,481.00
|
-$155,167.00
|
-$301,611.00
|
-$286,276.00
|
Income Before Tax |
-$9.22 M
|
-$8.10 M
|
-$8.16 M
|
-$5.83 M
|
-$3.50 M
|
-$2.41 M
|
$24.68 M
|
$16.34 M
|
$7.48 M
|
Income Before Tax Ratio |
-0.54
|
-0.31
|
-0.38
|
-0.63
|
-0.84
|
-0.74
|
0.85
|
0.88
|
0.77
|
Income Tax Expense |
$104,948.00
|
$90,511.00
|
$40,264.00
|
$23,051.00
|
$9,981.00
|
-$1.70 M
|
$633,315.00
|
$2.45 M
|
$1.87 M
|
Net Income |
-$9.33 M
|
-$8.19 M
|
-$8.20 M
|
-$5.85 M
|
-$3.51 M
|
-$2.41 M
|
$24.05 M
|
$13.89 M
|
$5.61 M
|
Net Income Ratio |
-0.55
|
-0.32
|
-0.38
|
-0.64
|
-0.84
|
-0.74
|
0.82
|
0.75
|
0.58
|
EPS |
-194.87 |
-20.96 |
-41.44 |
-20.1 |
-17.43 |
-11.98 |
126.69 |
76.39 |
30.87 |
EPS Diluted |
-194.87 |
-20.96 |
-40.97 |
-20.1 |
-17.43 |
-11.98 |
126.69 |
76.39 |
30.87 |
Weighted Average Shares Out |
$47,867.00
|
$390,562.00
|
$197,872.00
|
$291,188.00
|
$201,037.00
|
$201,037.00
|
$189,824.00
|
$181,818.00
|
$181,818.00
|
Weighted Average Shares Out Diluted |
$47,867.00
|
$390,562.00
|
$200,176.00
|
$291,188.00
|
$201,037.00
|
$201,037.00
|
$189,824.00
|
$181,818.00
|
$181,818.00
|
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