travel to increase utilization and reduce empty flights. 5.International Transport Forum, 2016 # , Global supply chains are fragile and prone to disruption. Freightos has a unique business opportunity to become the digital infrastructure of one of the worlds largest but still largely offline industries. Adjustments to reconcile net loss to net cash used in operatingactivities: Operating expense settled by issuance of shares, Changes in the fair value of contingent consideration, Increase in other receivables and prepaid expenses, Increase in accrued expenses and other payables, Proceeds from sale of property and equipment, Acquisition of a subsidiary, net of cash acquired (a), Payment of payables for previous acquisition of a subsidiary, Proceeds from receivables for previous acquisition of a subsidiary, Proceeds from issuance of Preferred C shares, net, Net cash provided by financing activities, Exchange differences on balances of cash and cash equivalents, Increase (decrease) in cash and cash equivalents, Cash and cash equivalents at the beginning of the period, Cash and cash equivalents at the end of the period. Earnings Webcast. To register for this conference call, please use . by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Internal # data and Alphaliner 3. ", "We look forward to our first year as a publicly traded company," continued Zvi Schreiber, "as we leverage the capital that we raised to continue to build a fast-growing and highly defensible platform business in one of the world's biggest and most important industries.". Cision Distribution 888-776-0942 IATA, 2021 3. certain information and statistics obtained from third-party sources. Not all of the financial information in this press release has been audited. experience. trust redeemed) Pro forma capital structure 2 Public SPAC Shareholders 6.0% 7 Freightos Pro Forma Total Enterprise Value (TEV) of approx. An audit of Freightos financial statements in accordance with month Compared to Uber user retention cohort 1 # Earnest Research , Airline Bookings Snapshot Decisive 3x lead over closest competitors 1 The Freightos Group has raised $118.3M. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. There may be additional risks that Freightos does not presently know or that Freightos currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. We enjoy a high and increasing gross profit margin and our unit economics are improving. The distribution of this Presentation may also be restricted by law and persons into whose possession this Presentation comes should inform themselves about and observe any such Total capacity of airlines digitalized on WebCargo vs. competitors Q1/2 2022 Onboarding by AFTK # Sources: 1. reason to go public and market and economic need for scaling business now # , Growth with Capital Efficiency Gross Bookings Value and Revenue YoY Total bookings Real-time GBV ($k) 27, Making global freight dramatically smoother. When was the last funding round for The Freightos Group? IMO, 2020 3 European Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement / The call may be accessed via Zoom or a dial-in number. bookings grow more than 1,000% over the past year. He consulted a website called Freightos - something like Expedia combined with PayPal for companies booking space on container ships. 1 Ahref, accessed 1/2022 filings, S&P Capital IQ and FactSet # Note: Market Data as of 05/27/22 , Marketplace Benchmarking (21-22) Q1 2022A Gross Booking Q1 2022A (1) Represents non-recurring, non-cash share-based listing expense incurred in connection with the business combination with Gesher I Acquisition Corp. inhouse and law firm experience record of scaling organizations and Global partnership executive, with across a variety of tech and import developing talent at a variety of tech experience forging relationships with topics. Please note that registration is required to attend. Freightos' platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Transactional bookings for freight and related services placed by Buyers across Freightos Platforms (WebCargo, Freightos.com, ClearIt) #Transactions with third party sellers or with Clearit ( Sellers ), minus canceled transactions. should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. "Taking into account market conditions, we continue to invest in growth while carefully monitoring spending, both in terms of hirings and expenses, and have already taken actions to reduce full-year spending. free copies of these documents from the sources indicated above. Qatar Airways PIPE 2.0% Net cash proceeds to accelerate and fund growth. Information about Freightos' financial results, including a link to the live webcast, will be available on Freightos' investor relations website at freightos.com/investors. "The first quarter of 2023 set yet another record number of Transactions on the Freightos platform. Freightos' financial results with other similar companies, many of which present similar non-GAAP financial measures to investors. Panasonic Group Operating Companies: Strategy Briefing 2023 (June1-2, 2023) - Presentation - Investor Relations - Panasonic Holdings Panasonic Holdings Corporation financial condition and results of operations. , . restrictions. The result? This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Filings. transparency & efficiency Large Data Opportunity Index-linked dynamic pricing Major brand visibility in top tier publications Futures listed on View Freightos Baltic Index User Signups Over 50,000 registered users, including many View on: SPAC sponsor. An archived webcast will be available on Freightos' Investor Relations website following the call. , . Freightos will hold a public webcast at 8:30 a.m. EDT on May 23, 2023 to discuss the results for its Q1 2023 and financial outlook. you can identify forward-looking statements by terminology such as may, should, expect, intend, will, estimate, anticipate, believe, freight pricing, booking efficiency, capacity utilization, and global trade efficiency as an agonistic player - not as a carrier, forwarder, or broker WebCargo Freightos.com Carriers Forwarders Importers/ exporters Enterprise Importer / Exporter SME Importer / Exporter Realized 10% air cargo cost Unparalleled visibility into WebCargo is already playing a It used to take three hours to savings and dramatic time the freight Marketplace B2C 1995-2010 Domestic B2B 2010-2020 Global B2B 2020 - Now, 18 Agenda Executive Summary Market Overview Freightos Overview leader, Siloed Digitalization Platformication Individual company digitalization without full Vendor-neutral digital infrastructure across a connectivity (eg individual ecommerce sites) variety of players, unlocking huge value This outlook assumes current currency exchange rates, freight price levels and freight volumes. , Presenters Agenda Zvi Schreiber, CEO Freightos Group Executive Summary it was intended Timing Capital, currency, Long term Capital markets Supply chains issues transparency investors expertise Why Gesher? Continue to aggressively scale GBV ($k) from buyers & sellers, growing net revenue ($m) 4. 7L also has a database of air rates which is being merged with WebCargo. Acquisition Corp. Learn how it impacts everything we do, https://mma.prnewswire.com/media/1829748/Freightos_Logo.jpg, https://www.prnewswire.com/news-releases/freightos-to-announce-q1-2023-financial-results-on-tuesday-may-23-2023-301825758.html. Forma TEV / '23E GBV (x) 0.26x (1)Pro forma share count includes 39.0mm shares from Freightos existing shareholders and management rollover, 3.0mm GIAC public shares, 4.1mm shares from Forward Purchase Agreement investors, 3.0mm Gesher I Why a SPAC? Us too. Standards# , Critical mass achieved in 2020 driving explosive growth. management experience Zvi Schreiber Guillaume Halleux CEO CEO Freightos Group Qatar Airways Cargo * * Inna Kuznetsova Ezra Gardner CEO CEO 1010data, former INTTRA Gesher I Acq. An archived webcast can be accessed from Freightos' Investor Relations website following the call. processI know key role in growing our book air cargo. Freightos operates a leading, vendor-neutral booking and payment platform for international freight. JERUSALEM, March 13, 2023 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported financial. Registrants will receive confirmation with dial-in details. In some cases, Some marketplaces also call this Rake. These projections should not be relied upon as being necessarily indicative of future results. decade of demand aggregation Top 10 Ocean Liner Top 10 Ocean Liner Top 5 Ocean Liner Vanguard Logistics Top 5 Ocean Liner ECU Worldwide Top 3 LCL consolidator More top airlines TAP coming Turkish Cargo soon Qatar Cargo Condor FedEx American Airlines Freightos is a widely recognized logistics technology leader with a worldwide presence and a broad customer network. APIs Payments 3 2022 and Importers/ on Forwarders WebCargo Freightos.com Carriers exporters Freightos Platform SaaS & Data # , Freightos Group Competition Freightos is the only comprehensive Drop your email to get our logistics tech update list. View at http://ship.to/vid-3 # , 75K+ Bringing sexy back to freight Dominant LogTech forwarders Top forwarders 1 1 process underway importers/ exporters capacity digitized And hundreds of carriers with All spanning 10,000+ offices that represent manual connections over 30% of the world market in air cargo Sources: 1. This is the key Freightos Platform KPI, These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Freightos' and are not predictions of actual performance. Airlines on the platform represent over a third of global air cargo capacity. ocean Opaque pricing 3 freight shipment 30-100%+ price spread for 1 importers Time intensive Over 2 hours spent managing each Non-binding prices 4 individual shipment Prices subject to significant changes post-booking Emission heavy Responsible for the proxy statement / prospectus and other documents filed with the SEC, without charge, once available, at the SECs website at www.sec.gov, or by directing a request to: Gesher I Acquisition Corp., Hagag Towers, North Tower, Floor 24, Haarba brand with top 5 1 Share of Voice at 2.5m+ web visitors Today, we have new data from Freightos, a leading freight indicatorthat shows shipping prices have declined by almost 25 percent over the past two weeks. Publication trusted partner for More than pleasant experience. Verify your identity, personalize the content you receive, or create and administer your account. Gesher and Freightos believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in and in comparing Freightos operates a leading, vendor-neutral booking and payment platform for international freight. companies.. leading organic expansion to 900 of articles, patents and books. This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles (GAAP) including, but not limited to, EBITDA and free information contained herein to make any investment decision. This outlook assumes current currency exchange rates, freight price levels and freight volumes. behalf of, and passed through to third-party Sellers. Freightos Platform Freightos SaaS & Data WebCargo Freightos.com Connects service providers. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. JERUSALEM, May 16, 2023. Certain monetary amounts, percentages and other figures included in this press release have been subject to rounding adjustments. PhD (computer science), author of Freightos Overview articles, patents and books. or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. Now they can Not all of the financial information in this press release has been audited. Investor Relations:Eytan Buchmanir@freightos.com, Press Contact:Tali Aronskytali.aronsky@freightos.com, Logo - https://mma.prnewswire.com/media/1829748/Freightos_Logo.jpg, View original content:https://www.prnewswire.com/news-releases/freightos-to-announce-q1-2023-financial-results-on-tuesday-may-23-2023-301825758.html. Panasonic group presentation materials for management meetings. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. with network effects, technology, and data moats Importers/exporters 10K Forwarders 3.5K Proven team and board, a leading logistics tech brand, and decarbonization mission Carriers 200 Sources:1. Freightos.com is our flagship booking platform for importers $120m and exporters. Presentation) is for informational purposes with respect to the proposed business combination (the Business Combination) between Gesher I Acquisition Corp. (Gesher) and Freightos Limited Forward-looking statements generally relate to future events of Geshers or Freightos future financial or operating performance. These forward-looking statements are based upon estimates and We may use it to: To learn more about how we handle and protect your data, visit our privacy center. There are indications that this contraction has bottomed out with Freightos Baltic Index FBX01, which tracks container shipping costs from China to the West Coast of the United States, now up 50% from the first quarter low," said Zvi Schreiber, founder and CEO. WebCargo also offers software as a service for forwarders to facilitate digital freight rate management, quoting, and online sales. reduction on quoting and that I'm getting the best revenue and utilization while Now, it takes us ve minutes. booking. reducing cost of sales. price and the right The information contained herein does not purport to be all-inclusive and none of Gesher, Freightos or their respective affiliates or representatives makes any representation or warranty, express WebCargo.co is the Total Enterprise Value ~ Committed Capital primary site for professional logistics service providers. non-digitalized intermediaries Importers Freight Carriers Freight Freight /Exporters Forwarders Forwarders Forwarders # , As a result, international freight is broken. Non-IFRS Adjusted Gross Margin of 65.0%, compared to 66.5% in Q1 2022. Such forward-looking statements Financials and Predictable Growth Transaction Terms and Comparables # , Strong GBV growth proven with network effect New buyers/sellers create The live call may be accessed via Zoom or a dial in number. Therefore, these measures We currently publish thousands of quarterly . You should be aware that the presentation of these measures may not be comparable to similarly-titled measures used by other companies. are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. ", "Freightos' revenue growth resulted from strong retention rates of buyers and sellers on the Platform, and increased Solutions subscription sales, as well the integration of two small acquisitions, all aligned with our long-term strategy," shared Ran Shalev, CFO. As customer value increases, can SA Transcripts. I'm proud that we're continuously innovating in areas like our Transportation Management Systems integrations, which makes our platform stickier, while introducing new sales channels, such as Freightos Terminal, which is being well received and generates high profit margins.". Exhibit 99.2 The Freightos Group Making global trade frictionless The Thousands of SMBs and enterprises have sourced shipping services via Freightos across dozens of logistics service providers. Corp, The booking and payment platform of international freight The premier Registrants will receive confirmation with dial-in details. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such Participants in Solicitation Gesher, Freightos and their respective directors, executive officers and other members of their management and employees may be deemed to be participants in the solicitation of proxies of Gesher Freightos Data calculates the Freightos Baltic Index, the industry's key daily benchmark of container shipping prices, the Freightos Air Index, as well as other market intelligence products that improve supply chain decision-making, planning, and pricing transparency. Platform Financial KPIs Description Total value of Transactions, i.e. Provide specific products and services to you, such as portfolio management or data aggregation. Fully funded About Gesher I SPAC Anchor investors Deep venture and public Clearit is a digital Airline Forwarder For example, projections of future revenue and other metrics are forward-looking statements. undertakes any duty to update these forward-looking statements Financial Information; Non-GAAP Financial Measures Freightos historical financial information is prepared in accordance with International Financial Reporting Standards. Freightos is a widely recognized logistics technology leader with a worldwide presence and a broad customer network. Financial Information; Non-IFRS Financial Measures. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. combined with ongoing Long lockup period ensures Welcomed transparency # point , Airline Bookings Snapshot: Predictable and rapid booking growth Strong Fastest signup to book Bookings / Support Interaction Max services considered/ search 58 seconds 3+ billion 23 2+ million Data Points Added Monthly Person-years of engineering Total Annual Searches (22E) 50 million 500+ ~10 million Powered by In particular, it is the largest air cargo eBooking platform, enabling simple and efficient freight pricing and booking between thousands of freight forwarders, including the top twenty global freight forwarders, and hundreds of airlines, ocean liners and trucking carriers. carrier. Daniel Gazitua Dan Otto Quim Sangs Guillaume Halleux SVP Logistics VP Operations Air Export/Import Coordinator Chief Officer Cargo Watch video View at http://ship.to/vid-3 # , 29 Making global freight smoother for the people that move the world. ET on March 13, 2023 to discuss the results for its FY 2022 and financial outlook. customs brokerage in the US and Capital from SPAC M&G Investments Canada with direct integration into the Freightos.com market expertise; (AUM ~$460 billion) expected to be platform. Incorporated in the Cayman Islands with offices around the world, Freightos is a Nasdaq-listed company trading under Nasdaq: CRGO. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Geshers directors in Unless otherwise specified, all monetary amounts in this presentation are in Canadian dollars. Privacy Policy | Master Services Agreement | Copyright & IP Policy, Freightos Announces Record Q1 2023 Transactions and Achieves High End of Guidance, Electrolux Group Taps Freightos for Real-Time Procurement of Air Freight, Freightos to Announce Q1 2023 Financial Results on Tuesday, May 23, 2023, Freightos Terminal Launches Today With Industry-Leading Market Intelligence Data and Insights to Keep International Supply Chains Moving, Freightos Announces Record Transactions and Exceeds Guidance for First Quarter of 2023, Three Chinese Master Loaders Available for Air Booking on WebCargo, Freightos Announces Record Fiscal Year 2022 Results, Freightos to Announce 2022 Financial Results on Monday, March 13, 2023, Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq, Freightos Reports Record 2022 Transactions and Gross Bookings Value, Freightos Announces Record Transactions and Gross Booking Value for Third Quarter of 2022, Emirates SkyCargo upgrades customers to a seamless booking experience with WebCargo, Freightos Limited and Gesher I Acquisition Corp. Freightos financial results with other similar companies, many of which present similar non-GAAP financial measures to investors. Freightos' management will host a webcast and conference call to discuss the results that morning at 8:30 a.m. EDT. This press release includes revenue on a constant currency basis, a measure not presented in accordance with IFRS and certain financial measures not presented in accordance with generally accepted accounting principles ("IFRS") including, but not limited to, Adjusted EBITDA. there can be no assurance that the prospective results are indicative of the future performance of Freightos or that actual results will not differ materially from those presented in the prospective financial information. Freightos anticipates that subsequent events and developments will cause Freightos' assessments to change. Converted to US$ at time of transaction. Certain other amounts that appear in this press release may not sum due to rounding. NEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE SECURITIES OR DETERMINED IF THIS PRESENTATION IS TRUTHFUL OR COMPLETE. to-market & growth experience. prospectus when it becomes available. Drive gross profit margin higher free cash flow/GBV trending towards calculation 2. Incorporated in the Cayman Islands with offices around the world, Freightos is a Nasdaq-listed company trading under Nasdaq:CRGO. Proven customers worldwide. platform View at http://ship.to/vid-2 # , Simplifying complexity with a powerful tech stack Total Data Points We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Incorporated in the Cayman Islands with offices around the world, Freightos is a Nasdaq-listed company trading underNasdaq:CRGO. Exceptional management with a proven track record Successfully addressing a large untapped market opportunity with cost-efficient scalability Market leader Business model with strong growth predictability Good Is Home Depot Stock a Buy, a Sell, or Fairly Valued After Earnings? Annual revenue increased by 72%. Terms of Service apply. JERUSALEM, May 23, 2023 /PRNewswire/ -- Freightos Limited (Nasdaq: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, today reported financial results for the quarter ended March 31, 2023. the worlds largest organizations 1, Freightos Group Profile Brands Key Data Funding to date Established Freightos | Online Freight Shipping Marketplace & Platform (2)$30mm of retained trust capital is (a) Acquisition of an initially consolidated subsidiary: Working capital (excluding cash and cash equivalents), Acquisition of a subsidiary, net of cash acquired, Right-of-use asset recognized with corresponding lease liability, Issuance of shares for previous acquisition of a subsidiary, IFRS loss attributable to ordinary shareholders, Non IFRS Basic and diluted loss per Ordinary share, Weighted average number of shares outstanding, used to compute basic and diluted loss per share, Logo - https://mma.prnewswire.com/media/1829748/Freightos_Logo.jpg. Stay capital efficient with modest cash burn and 3. An archived webcast will be available on Freightos' Investor Relations website following the call. solve supply chain crises. Public company IFRS Gross Margin of 58.8%, compared to 58.7% in 2021. Ian Arroyo Eytan Buchman Ruthie Amaru Chief Commercial Officer Chief Marketing Officer Chief Product Freightos Data calculates the Freightos Baltic Index, the industry's key daily benchmark of container shipping prices, the Freightos Air Index, as well as other market intelligence products that improve supply chain decision-making, planning, and pricing transparency. Incorporated in the Cayman Islands with offices around the world, Freightos is a Nasdaq-listed company trading under Nasdaq:CRGO. These forward-looking statements are subject to a number of risks and uncertainties, including competition and the ability of Freightos to build and maintain relationships with carriers, freight forwarders and importers/exporters and retain its management and key employees; changes in applicable laws or regulations; any downturn or volatility in economic conditions whether related to inflation, armed conflict or otherwise; the effects of COVID-19 or other pandemics or epidemics; changes in the competitive environment affecting Freightos or its users, including Freightos' inability to introduce new products or technologies; risks to Freightos' ability to protect its intellectual property and avoid infringement by others, or claims of infringement against Freightos; the possibility that Freightos may be adversely affected by other economic, business and/or competitive factors; risks related to the fact that Freightos is incorporated in the Cayman Islands and governed by the laws of the Cayman Islands; and those factors discussed in Freightos' annual report on Form 20-F filed with the SEC on March 30, 2023, under the heading "Risk Factors," and any other risk factors Freightos includes in any subsequent reports on Form 6-K furnished to the SEC. Accordingly, undue reliance should not be placed upon the forward-looking statements. assumptions that are inherently uncertain. The call may be accessed via Zoom or a dial-in number. # , 40 Agenda Executive Summary Market Overview Freightos Overview forward-looking statements will be achieved. Such Everyone pays. yearsCommunication is seamless. Freightos excludes pass-through revenue from Net Revenue, but Freightos management uses the Gross Revenue KPI to compare results to other marketplaces. Recent business highlights Transaction Growth: Freightos achieved a record 229 thousand Transactions, up 100% year over year, and GBV (Gross Booking Value) of $168.7 million. These products and services are usually sold through license agreements or subscriptions. Privacy Policy and Freightos Baltic Index, 2022 , Platforms digitalize the world, unlocking huge value. Carriers providing marketplace supply diversify and expand to 37. Internal Despite increased public company expenses in the second quarter relative to the first quarter, our cash burn is expected to stay roughly flat and we expect to see cash burn decline as revenues increase. RECONCILIATION OF IFRS OPERATING LOSS TO ADJUSTED EBITDA, RECONCILIATION OF IFRS LOSS TO NON-IFRS LOSS AND LOSS PER SHARE. Why with a SPAC? Based on Armstrong, 2020 , All underpinned by WebCargo the largest air cargo carrier/forwarder Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. WebCargo also offers software as a service for forwarders to facilitate digital freight rate management, quoting, and online sales. Includes all GBV where the payment is handled by Freightos. emissions every year with visibility and improved utilization 1-2% of global carbon 1 emissions Under 50% of total cargo capacity used 2.9% of global carbon 2 emissions Standard-compliant global freight emissions visibility Measure it. Number of unique people (counted by unique login email) at Buyers who have placed booking Transactions. Viewers of this Presentation should make their own evaluation of Freightos and of the relevance and accuracy of the information contained In addition, forward-looking statements reflect Freightos' expectations, plans or forecasts of future events and views as of the date of this press release. portfolio partnerships # , The Gesher Criteria And how Freightos ticked all five boxes Freightos.com is a premier digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. Similar to travel Marketplace serving end customers, Global Distribution Systems Amadeus, Sabre Similar to platforms like Booking.com Freightos 1 1 herein and should make such other investigations as they deem necessary. investment decision or any other decision in respect of the Business Combination. Certain other amounts that appear in this Presentation may not sum due to rounding. Description. Global freight typical 1 cost per product August 2021 Get Used to It 2020 2022 Supply-Chain Logjam of Holiday $58 $595 December These forward-looking statements should not be relied upon as representing Freightos' assessments as of any date subsequent to the date of this press release. The Freightos Group closed its last funding round on Sep 17, 2018 from a Series C round. transactions. Visibility CargoBooking.aero Project44, FourKites Trucking brokers: Other cargo booking platforms Niche forwarder SaaS Shipper marketplace Transfix, Uber Freight WebCargo has by far most Freightos by far the Other carriers and forwarders! Presentation and in the proxy statement / prospectus. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. shareholders in connection with the potential transaction described herein under the rules of the SEC. "With nearly 670,000 annual transactions, fueled by a steady growth of both buyers and sellers, including three new top-ten airlines during the course of the year, our global freight booking platform is demonstrating sustainable marketplace growth dynamics. Mentions But air freight - where bookings before the pandemic often took longer to complete than the actual journey itself - is getting easier and faster to transact, with platforms like Barcelona-based WebCargo, a unit of Freightos, it saw emissions calculator for all modes of freight, 3 in accordance with EN-16258. Freightos' platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Inclusion of the former Benchmark Vroom, Dropbox * Dr. Udo Lange Glen Schwaber President & CEO Partner FedEx Logistics More Ventures Notable shareholders William Chin Head of Commodities SGX * Planned appointments 8, Outstanding leadership Executive Team Manuel Galindo Ran Shalev Zvi This Presentation does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination Enterprise Value Enterprise Value = $29.9B $85.5B $22.2B $5.9B # 1 Yahoo! Corp Bob Mylod Michael Eisenberg Chairman Partner Booking Group, Aleph, The live call may be accessed via Zoom or a dial in number. The company then plans to file an annual report on form 20-F by March 31, 2023. Needed now more than ever to fix the trillion dollar global freight industry. More information is available at freightos.com/investors. Questions submitted in advance to ir@freightos.com will be prioritized during the call but questions may also be submitted via Zoom during the call. Our sustained growth in Gross Booking Value leads directly to sustained growth in revenue and gross profit, which at scale is expected to generate a healthy net profit. You may obtain You should be aware that the presentation of these measures may not be Freightos is a widely recognized logistics technology leader with a worldwide presence and a broad customer network. forwarders, and dozens of airlines and ocean carriers. The assumptions and estimates underlying the prospective financial information are inherently Any Freightos' platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. To register for this conference call, please use this link. Here are the key takeaways from JPMorgan Chase & Co. 's investor day Monday: The key number: The biggest US bank plans to make $84 billion from net interest income, raising its . We sell different types of products and services to both investment professionals and individual investors. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Followed by monetization with long term target take rate of 10% in total from all parties ($m) 2020PF 2021PF 2022PF(E) 2023E Net Revenue (and gross profit) Gross Booking Value (GBV) $ 69 $ 302 $ 669 $ 1,651 % Growth 339% 121% 147% Gross Revenue $ 55 Freightos operates a leading, vendor-neutral booking and payment platform for international freight. Freightos Platform Freightos SaaS & Data Related but not competition Digital freight forwarders: Flexport, Forto, Beacon Cargo.one Portrix Cogoport Forwarder TMS Cargo.AI Catapult FreightMango WiseTech Cargowise CargoSphere SimpliShip (Acq) We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Freightos (Nasdaq: CRGO) is a leading global freight booking and payment platform, connecting thousands of carriers, freight forwarders, and importers and exporters around the world for air, ocean and trucking freight pricing, booking and shipment management. $435m $80m PCAOB standards is in process and will be included in the proxy statement / prospectus relating to the Business Combination. Faster, more cost-effective, and reliable international shipments, help to expand trade between the people of the world. This site is protected by reCAPTCHA and the Google access to Freightos track record of Freightos is the digital booking platform for international shipping. $Gross Revenue In most cases the Gross Revenue is associated with some fees to Freightos which appear under Net Platform Revenue. "We continue to see strong profit margins and positive unit economics as our ecosystem encompasses more buyers and freight service providers than ever, including a 29% year-over-year increase in the number of unique buyer users. The Freightos Group has 14 investors including FedEx and Aleph. ", "We're pleased to reaffirm our 2023 guidance as it relates to Revenue, Adjusted EBITDA and Transactions, while the ultimate Gross Bookings Value (GBV) of the Transactions will depend on freight market price levels," said Ran Shalev, CFO. non-redeemed capital from additional ~$86m in 5 Freightos Existing Shareholders trust will fuel organic growth and potential tuck-in acquisitions 77.9% Freightos existing shareholders and management are rolling 100% of their equity Freight Expansion Bulk shipping (tankers) Opportunities forwarders 23% Full truckload Air cargo 3 of global GDP (excl. GBV expectations were updated to reflect current freight price levels, while other expectations are unchanged from last quarter. Fortune 500 companies including companies like Amazon, Costo, Nike and others. 28, Tel Aviv, Israel. Officer Freightos.com Seasoned B2B storyteller, supply Extensive experience in building chain tech speaker and writer, Entrepreneur, strategy geek, and strategic products and teams, at people builder. IATA WATS 2021, Internal, Competitor Announcements , Financial Highlights: Prioritizing capital-efficient GBV growth Accordingly, undue reliance should not be placed upon the forward-looking statements. The Gesher team brings Greater access to growth capital, Supply chain Freightos.com is a premier digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. We are using the SPAC structure the way Financials and Predictable Growth Transaction Terms and Comparables # , Why go public? These non- GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments or (ii) an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of Gesher, Freightos, or any of their respective affiliates, nor shall there be any sale of securities in any jurisdiction in which such offer, Note Highlights of business combination with Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. respect thereto for the purpose of this Presentation. Platform, $Gross Booking Value plus related fees charged to Buyers and Seller, and pass through payments such as duties. problems The SPAC route gives us extensive capital markets currency for M&A. These measures should not be considered in isolation or as an alternative to revenue, net income, cash flows from operations or other measures of profitability, liquidity or performance under IFRS. forecasts with respect to Gesher and Freightos projected financial results, including gross revenue, platform revenue, SaaS revenue, gross profit, EBITDA and free cash flow. "We're seeing strong, persistent adoption of instant digital bookings that span the entire freight procurement lifecycle, from manufacturers to forwarders to carriers, as well as indicators that our market share in our fastest growing segment, air cargo eBookings, continues to expand. To learn more, please explore our range of solutions, including. There are niche competitors for specific parts of our stack, in most cases Freightos the clear leader WebCargo Freightos.com Carriers Forwarders Importers/ exporters Freightos believes that revenue on a constant currency basis, Adjusted EBITDA and other non-IFRS measures provide useful information to investors and others in understanding and evaluating Freightos' operating results because they provide supplemental measures of our core operating performance and offers consistency and comparability with both past financial performance and with financial information of peer companies. However, while Freightos may elect to update these forward-looking statements at some point in the future, Freightos specifically disclaims any obligation to do so. Freightos achieved close to 60% IFRS gross margins (65% non-IFRS) and introduces Q2 guidance predicting another record quarter of Transactions. adjusted for any cash balance or debt at closing . Sustained, rapid Gross Booking Value and revenue growth with strong SaaS revenue base 213% 23(E) Gross Margin Positive unit economics, increasing gross margins, growing take rate and capital efficient Leading platform traction Scalable model cash flow. See description of Gross Booking Value on Page 40, 12 Agenda Executive Summary Market Overview Freightos Overview Collin Parker, USA (March, 2022) Rochelle D., USA (Jan. 2022) Small importer Small importer # , 6 Making the complexities of global trade shockingly simple. Raised $82 million, in excess of expected cash needed to reach positive free cash flow. To learn more, please explore our range of solutions, including WebCargos booking platform, tools and data solutions for carriers and forwarders, Freightos.coms digital freight booking and management platform for importers and exporters, our data solutions or Clearit, our digital customs broker. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. By signing up you agree to receive content from us. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Freightos' and are not predictions of actual performance. Freightos.com Carriers Freight Forwarders Shippers. Any forward-looking statements included in this Presentation speak only as of the date they are made, and neither Gesher nor Freightos Freightos believes that revenue on a constant currency basis, EBITDA and free cash flow and other non-IFRS measures provide useful information to investors and others in understanding and evaluating Freightos' operating results because they provide supplemental measures of our core operating performance and offers consistency and comparability with both past financial performance and with financial information of peer companies. comparable to similarly-titled measures used by other companies. that gives Now is the time to allow guidance from investors long term alignment. global freight booking platform, addressing the monumental challenges of global supply chain June, 2022, Disclaimer About this Presentation This investor presentation (this Internal data # IATA, 2022, 2. CAGR. Cross-industry go- published in WSJ, FT and Officer Freightos Group Ezra Gardner CEO Gesher I Acq. Q&A Ran Shalev, CFO Ruthie Amaru, CPO Zvi Schreiber, CEO Ezra Financial Information; Non-IFRS Financial Measures. Gesher and Freightos believe these non-GAAP measures provide useful information to management and investors regarding certain financial and business trends relating to Freightos Freightos (Nasdaq: CRGO) is a leading global freight booking and payment platform, connecting thousands of carriers, freight forwarders, and importers and exporters around the world for air, ocean and trucking freight pricing, booking and shipment management. Freightos' management will host a webcast and conference call to discuss the results that morning at 8:30am ET. When typing in this field, a list of search results will appear and be automatically updated as you type. 05/27/22 # 1. Acquired in February, 2022. These forward-looking statements should not be relied upon as representing Freightos' assessments as of any date subsequent to the date of this press release. with established forwarder relationships NYSHEX and aggregate demand BlueX # , Three-sided marketplace platform WebCargo Non-IFRS Gross Margin of 65.2%, compared to 60.5% in 2021. (5)Excludes approximately ~4.9mm in unvested ESOP and earnout shares. Total income invoiced and collected by Freightos companies, including both Net Revenue that is paid to Freightos companies and amounts invoiced on The company then plans to file an annual report on form 20-F by March 31, 2023. M&G will also receive a 100,000 share commitment fee from the This press release includes certain financial measures not presented in accordance with generally accepted accounting principles ("IFRS") including, but not limited to, EBITDA, free cash flow. In particular, it is the largest air cargo eBooking platform, enabling simple and efficient freight pricing and booking between thousands of freight forwarders, including the top twenty global freight forwarders, and hundreds of airlines, ocean liners and trucking carriers. Please note that registration is required to attend. WebCargo by Freightos is a leading global freight platform connecting carriers and forwarders. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. It is intermediated, Serial entrepreneur with Market Overview acquisitions by GE & IBM. Certain other amounts that appear in this press release may not sum due to rounding. Financials and Predictable Growth Transaction Terms and Comparables Ruthie Amaru Chief Product General financial Description $EBITDA Earnings Before Interest, Taxes, Depreciation, and Amortization $Free cash flow Cash the company generates after accounting for cash outflows Non-Platform Registrants will receive confirmation with dial-in details. start-ups and IBM. It is the engine driving the global economy. increase platform take-rate 1 1. 1. our provider-agnostic strong logistics public market investors like M&G, with a 170 year tech brand broader reach. profitability building an unassailable market position, and monetizing over time 11 1. Dynamic capacity optimization, proven in passenger Reduce it. January 12, 2023 January 12, 2023 - Jerusalem - Freightos Limited today announced that transactions on its platform more than doubled in the fourth quarter of 2022 compared to the same quarter in the prior year. Freightos will hold a public webcast at 8:30 a.m. The live call may be accessed via Zoom or a dial in number. WebCargo also offers software as a service for forwarders to facilitate digital freight rate management, quoting, and online sales. ($mm) $ (80) Gesher I Cash-in-Trust $30 6% Expenses $15 3% Plus: Transaction Fees & Expenses ($mm) $ 15 Qatar Strategic Investment $10 2% Pro Forma Enterprise Value ($mm) $ 436 Total $501 100% Total $501 100% Implied Pro Freightos is the leading platform connecting Platform for Transportation Services Goods global trade 2021 2 Courier / Express / Parcel $22.5 trillion Ocean container freight Air cargo charter 137.68K Follower s. Seeking Alpha's transcripts team is responsible for the development of all of our transcript-related projects. This Presentation does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any Is Nvidia Stock a Buy, Sell, or Fairly Valued After Earnings? Copyright 2023 Morningstar, Inc. All rights reserved. Committed proceeds match minimum cash proceeds. Who are The Freightos Group 's competitors Freightos General Information. thereto and other documents filed in connection with the proposed Business Combination, as these materials will contain important information about Gesher, Freightos and the Business Combination. WebCargo by Freightos is a leading global freight platform connecting carriers and forwarders. Includes LCL consolidators as carriers. Shareholders will also be able to obtain copies of Excludes the impact of 5.8mm Public Warrants, 5.8mm Private Sponsor Warrants, and 2.6mm Warrants to FPA and backstop providers. An archived webcast can be accessed from Freightos' Investor Relations website following the call. long-term accelerating expansion. These non- GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments Shipment Management Pricing and Booking Capacity utilization ~50% of air cargo holds empty Slow quoting 2 pre-COVID 2-3 days average quote 1 turnaround Complex coordination ~30 actors involved in each Rate Capabilities Pricing Tech Digital Sales Data Shipment Management Rate intake Routing engine Web sales portals Unique transactional data Business logic Rate distribution Quoting tools Payment handling Daily rate benchmarking Vendor 78% Stock Price At Issue ($) $ 10.00 Net Cash to Balance Sheet $65 13% Forwarder Purchase Agreements $40 8% Founder Shares $31 6% Implied Post-Money Equity Value ($mm) $501 Founder Shares $31 6% Transaction Fees & Less: New Cash Raised DATA TECH NETWORK # , 32 Agenda Executive Summary Market Overview Freightos Overview Many actual events and circumstances are beyond the control of Freightos. Many actual events and circumstances are beyond the control of Freightos. Reserve from remeasurement of defined benefit plans, (in thousands, except share and per share data). Business Combination and Where to Find It Freightos intends to file with the SEC a registration statement on Form F-4 (the Registration Statement) including a proxy statement / prospectus relating to the proposed Business Combination. In particular, it is the largest air cargo eBooking platform, enabling simple and efficient freight pricing and booking between thousands of freight forwarders, including the top twenty global freight forwarders, and hundreds of airlines, ocean liners and trucking carriers. In addition, forward-looking statements reflect Freightos' expectations, plans or forecasts of future events and views as of the date of this press release. Additional Information about the Global Market Insights 2. Freightos.com is a premier digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. have audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, they did not express an opinion or provide any other form of assurance with
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