Freightos Limited (CRGO) Balance Sheet
CRGO balance sheet, 2025
December 31, 2025 · U.S. dollars$62.7M assets = $19.8M liabilities + $42.9M equity
Both columns are drawn to the same scale: what CRGO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CRGO financial health
Descriptive bands, not a rating. Fiscal 2025.
CRGO balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $31.2M2020 | $62.7M2025 | +15.0%/yr | |
| Total liabilities | $12.7M2020 | $19.8M2025 | +9.3%/yr | |
| Shareholders’ equity | $18.5M2020 | $42.9M2025 | +18.4%/yr | |
| Cash & short-term investments | $21.9M2020 | $30.8M2025 | +7.1%/yr | |
| Total debt | $2.3M2020 | $2.4M2025 | +0.2%/yr | |
| Net cash (debt) | $19.5M2020 | $28.4M2025 | +$8.9M | |
| Working capital | $13.4M2020 | $19.4M2025 | +$5.9M | |
| Book value per share | $0.392020 | $0.852025 | +16.9%/yr | |
| Current ratio | 2.362020 | 2.162025 | −0.21 | |
| Debt / equity | 0.132020 | 0.062025 | −0.07 | |
| Shares outstanding | 47.4M2020 | 50.6M2025 | +1.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CRGO assets
CRGO liabilities and equity
CRGO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CRGO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $30.8M | $37.3M | $51.7M | $6.7M | $25.1M | $21.9M |
| Cash & equivalents | $16.2M | $10.1M | $20.2M | $6.5M | $25.1M | $21.9M |
| Short-term investments | $14.5M | $27.2M | $31.5M | $200,000 | $0 | — |
| Receivables | $3.8M | $3.7M | $4.0M | $2.5M | $1.8M | $1.1M |
| Inventory | $0 | $0 | $0 | $449,000 | $718,000 | $1 |
| Other current assets | $1.6M | $5.1M | $4.1M | $3.3M | $9.2M | $283,999 |
| Total current assets | $36.1M | $46.1M | $59.7M | $13.0M | $36.8M | $23.3M |
| Property, plant & equipment (net) | $2.6M | $1.6M | $2.2M | $2.2M | $2.7M | $2.9M |
| Goodwill & intangible assets | $21.6M | $23.9M | $23.2M | $25.1M | $13.3M | $4.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.4M | $2.2M | $2.6M | $1.6M | $1.2M | $988,000 |
| Total assets | $62.7M | $73.8M | $87.7M | $41.8M | $54.1M | $31.2M |
| Liabilities | ||||||
| Accounts payable | $5.1M | $2.7M | $3.1M | $3.2M | $587,000 | $286,000 |
| Short-term debt | $627,000 | $615,000 | $587,000 | $3.1M | $655,000 | $532,000 |
| Deferred revenue | — | $3.1M | $2.3M | $1.9M | $2.1M | $876,000 |
| Total current liabilities | $16.8M | $17.3M | $12.2M | $17.1M | $16.0M | $9.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $326,000 |
| Lease obligations | $2.4M | $954,000 | $1.3M | $1.0M | $1.7M | $2.0M |
| Other long-term liabilities | $3.0M | $1.6M | $3.5M | $3.1M | $3.2M | $2.5M |
| Total liabilities | $19.8M | $18.9M | $15.6M | $20.1M | $19.2M | $12.7M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $1,000 | — | — | $308 | $308 | — |
| Retained earnings (deficit) | −$224.2M | −$206.7M | −$184.2M | −$118.7M | −$94.0M | −$77.6M |
| Accumulated other comprehensive income | $524,000 | −$211,000 | $27,000 | $137,000 | −$132,000 | −$51,000 |
| Total shareholders' equity | $42.9M | $54.9M | $72.0M | $21.7M | $34.9M | $18.5M |
| Key figures | ||||||
| Total debt | $2.4M | $954,000 | $1.3M | $3.5M | $1.7M | $2.3M |
| Net cash (debt) | $28.4M | $36.3M | $50.4M | $3.2M | $23.3M | $19.5M |
| Working capital | $19.4M | $28.8M | $47.5M | −$4.1M | $20.8M | $13.4M |
| Tangible book value | $21.3M | $31.0M | $48.8M | −$3.4M | $21.6M | $14.5M |
| Book value per share | $0.85 | $1.13 | $1.60 | $1.49 | — | $0.39 |
| Shares outstanding | 50.6M | 48.6M | 44.9M | 14.6M | — | 47.4M |
| Current ratio | 2.16 | 2.66 | 4.90 | 0.76 | 2.30 | 2.36 |
| Quick ratio | 2.06 | 2.37 | 4.57 | 0.54 | 1.68 | 2.33 |
| Debt / equity | 0.06 | 0.02 | 0.02 | 0.16 | 0.05 | 0.13 |
| Equity / assets | 68.5% | 74.4% | 82.2% | 51.8% | 64.6% | 59.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $24.9M | $23.5M | $27.9M | $30.6M | $34.1M | $36.4M | $37.3M | $41.3M | $47.4M | $49.8M | $51.7M | $55.2M |
| Cash & equivalents | $16.9M | $8.8M | $13.3M | $16.3M | $20.0M | $36.4M | $10.1M | $14.6M | $21.0M | $12.3M | $20.2M | $5.1M |
| Short-term investments | $8.1M | $14.7M | $14.5M | $14.4M | $14.2M | $0 | $27.2M | $26.8M | $26.4M | $37.5M | $31.5M | $50.1M |
| Receivables | $4.7M | $4.9M | $4.5M | $6.3M | $6.4M | $5.5M | $3.7M | $4.4M | $4.2M | $3.6M | $1.9M | $4.8M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.3M | $3.2M | $3.7M | $3.1M | $3.3M | $3.3M | $5.1M | $4.5M | $3.8M | $4.4M | $6.2M | $4.7M |
| Total current assets | $30.9M | $31.6M | $36.1M | $40.1M | $43.8M | $45.3M | $46.1M | $50.2M | $55.4M | $57.7M | $59.7M | $64.7M |
| Property, plant & equipment (net) | $2.3M | $2.5M | $2.6M | $2.1M | $2.3M | $2.3M | $1.6M | $1.9M | $1.7M | $1.9M | $2.2M | $1.8M |
| Goodwill & intangible assets | $20.2M | $20.9M | $21.6M | $22.8M | $23.4M | $23.5M | $23.9M | $27.9M | $22.3M | $22.8M | $23.2M | $23.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.3M | $2.4M | $2.4M | $2.2M | $2.1M | $2.1M | $2.2M | $2.7M | $2.7M | $2.6M | $2.6M | $2.2M |
| Total assets | $55.8M | $57.4M | $62.7M | $67.1M | $71.6M | $73.3M | $73.8M | $82.7M | $82.2M | $85.0M | $87.7M | $92.4M |
| Liabilities | ||||||||||||
| Accounts payable | $4.7M | $3.6M | $5.1M | $5.3M | $5.7M | $5.7M | $2.7M | $3.9M | $3.5M | $3.5M | $3.1M | $3.2M |
| Short-term debt | $594,000 | $633,000 | $627,000 | $667,000 | $832,000 | $719,000 | $615,000 | $697,000 | $492,000 | $538,000 | $587,000 | $652,000 |
| Deferred revenue | — | — | $2.8M | — | — | — | $3.1M | — | — | — | $2.3M | $5.9M |
| Total current liabilities | $16.4M | $17.1M | $16.8M | $19.9M | $20.4M | $19.3M | $17.3M | $17.3M | $16.0M | $14.5M | $12.2M | $14.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $2.2M | $2.3M | $2.4M | $1.8M | $2.0M | $1.9M | $954,000 | $1.2M | $963,000 | $1.1M | $1.3M | $845,000 |
| Other long-term liabilities | $2.8M | $2.8M | $3.0M | $2.5M | $2.5M | $2.5M | $1.6M | $1.8M | $1.9M | $1.9M | $3.5M | $3.6M |
| Total liabilities | $19.2M | $19.9M | $19.8M | $22.4M | $22.9M | $21.8M | $18.9M | $19.1M | $17.8M | $16.4M | $15.6M | $18.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | — | — | — | — | — | — |
| Retained earnings (deficit) | −$232.3M | −$230.6M | −$224.2M | −$220.4M | −$215.4M | −$211.2M | −$206.7M | −$196.8M | −$194.1M | −$188.8M | −$184.2M | −$180.9M |
| Accumulated other comprehensive income | $371,000 | $411,000 | $524,000 | $419,000 | $412,000 | −$21,000 | −$211,000 | $116,000 | $27,000 | $27,000 | $27,000 | $137,000 |
| Total shareholders' equity | $36.6M | $37.5M | $42.9M | $44.7M | $48.8M | $51.5M | $54.9M | $63.6M | $64.3M | $68.6M | $72.0M | $74.2M |
| Key figures | ||||||||||||
| Total debt | $2.2M | $2.3M | $2.4M | $1.8M | $2.0M | $1.9M | $954,000 | $1.2M | $963,000 | $1.1M | $1.3M | $845,000 |
| Net cash (debt) | $22.7M | $21.2M | $25.5M | $28.9M | $32.2M | $34.5M | $36.3M | $40.1M | $46.4M | $48.7M | $50.4M | $54.3M |
| Working capital | $14.5M | $14.5M | $19.4M | $20.2M | $23.5M | $26.1M | $28.8M | $32.9M | $39.5M | $43.2M | $47.5M | $50.2M |
| Tangible book value | $16.4M | $16.6M | $21.3M | $22.0M | $25.4M | $28.0M | $31.0M | $35.7M | $42.0M | $45.9M | $48.8M | $50.5M |
| Book value per share | $0.71 | $0.73 | $0.84 | $0.88 | $0.97 | $1.03 | $1.11 | $1.30 | $1.34 | $1.43 | $1.51 | $1.56 |
| Shares outstanding | 51.8M | 51.5M | 51.2M | 50.9M | 50.3M | 49.9M | 49.3M | 48.8M | 48.2M | 48.0M | 47.8M | 47.6M |
| Current ratio | 1.88 | 1.85 | 2.16 | 2.02 | 2.15 | 2.35 | 2.66 | 2.90 | 3.47 | 3.99 | 4.90 | 4.46 |
| Quick ratio | 1.80 | 1.66 | 1.93 | 1.86 | 1.99 | 2.18 | 2.37 | 2.64 | 3.23 | 3.68 | 4.40 | 4.14 |
| Debt / equity | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 | 0.04 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 |
| Equity / assets | 65.6% | 65.3% | 68.5% | 66.6% | 68.1% | 70.3% | 74.4% | 76.9% | 78.3% | 80.7% | 82.2% | 80.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
CRGO financial position
At the end of fiscal 2025 (December 31, 2025), Freightos had total assets of $62.7 million (down 15.0% from a year earlier), total liabilities of $19.8 million and shareholders' equity of $42.9 million. It held $30.8 million in cash and short-term investments against $2.4 million of debt, a net cash position of $28.4 million. Its current ratio was 2.16. In the latest quarter (ended June 30, 2026) total assets were $55.8 million and equity $36.6 million.
Related: CRGO income statement, CRGO cash flow statement, CRGO key metrics. See the CRGO stock overview for the latest quote and news.
CRGO balance sheet FAQ
What are Freightos's total assets?
Freightos reported total assets of $62.7 million at the end of fiscal 2025 (December 31, 2025), compared with $73.8 million a year earlier.
How much debt does Freightos have?
Freightos had $2.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.06.
How much cash does Freightos have?
Freightos held $30.8 million in cash and short-term investments at the end of fiscal 2025; with $2.4 million of debt that is net cash of $28.4 million.
What is Freightos's book value?
Freightos's shareholders' equity (book value) was $42.9 million at the end of fiscal 2025, or $0.85 per share.
What is Freightos's current ratio?
Freightos had current assets of $36.1 million and current liabilities of $16.8 million, a current ratio of 2.16 (it can cover its short-term obligations).
How much goodwill does Freightos have?
Freightos carried $21.6 million of goodwill and intangible assets, 34.5% of total assets, at the end of fiscal 2025.