Freight Gross Profit from 2010 to 2024

FRGT Stock

USD 1.36 0.04 2.86%

Freight Technologies Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Freight Technologies makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

-5 M

Current Value

-4.8 M

Quarterly Volatility

8.1 M

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Yuan Drop

Covid

Check Freight Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freight Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.8 K, Total Revenue of 16.4 M or Other Operating Expenses of 14.6 M, as well as many indicators such as Price To Sales Ratio of 6.12, Dividend Yield of 0.0 or PTB Ratio of 29.91. Freight financial statements analysis is a perfect complement when working with Freight Technologies Valuation or Volatility modules.

Check out the analysis of Freight Technologies Correlation against competitors.

For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.

Latest Freight Technologies' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Freight Technologies over the last few years. Gross profit is a required income statement account that reflects total revenue of Freight Technologies minus its cost of goods sold. It is profit before Freight Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Freight Technologies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freight Technologies' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 2.26 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Freight Gross Profit Regression Statistics

	Arithmetic Mean	6,357,684
	Geometric Mean	4,264,612
	Coefficient Of Variation	127.37
	Mean Deviation	6,488,733
	Median	9,485,541
	Standard Deviation	8,097,642
	Sample Variance	65.6T
	Range	29.4M
	R-Value	(0.62)
	Mean Square Error	43.3T
	R-Squared	0.39
	Significance	0.01
	Slope	(1,126,660)
	Total Sum of Squares	918T

Freight Gross Profit History

	2024	-4.8 M
	2023	-5 M
	2022	2.3 M
	2021	1.9 M
	2020	794.4 K
	2019	331.1 K
	2018	318 K

Other Fundumenentals of Freight Technologies

Gross Profit Margin

Freight Technologies Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Intangible Assets	Common Stock	Current Deferred Revenue	Accounts Payable	Good Will	Total Current Assets	Short Term Debt	Net Tangible Assets	Long Term Debt	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment
Total Assets		0.98	-0.94	0.79	0.93	-0.34	0.27	-0.21	-0.57	-0.6	0.18	0.77	0.46	0.34	0.33	-0.28	-0.36	-0.22	0.13	-0.55
Total Stockholder Equity	0.98		-0.88	0.83	0.97	-0.52	0.13	-0.27	-0.67	-0.71	0.26	0.85	0.4	0.45	0.44	-0.27	-0.51	-0.28	0.25	-0.64
Net Debt	-0.94	-0.88		-0.68	-0.76	0.18	-0.54	0.09	0.45	0.4	-0.09	-0.52	-0.24	-0.3	-0.19	0.07	0.32	0.1	-0.22	0.34
Retained Earnings	0.79	0.83	-0.68		0.8	-0.44	0.06	-0.65	-0.46	-0.82	0.6	0.76	0.27	0.64	0.77	-0.62	-0.58	-0.66	0.07	-0.82
Net Receivables	0.93	0.97	-0.76	0.8		-0.58	-0.08	-0.28	-0.71	-0.76	0.24	0.94	0.53	0.43	0.45	-0.36	-0.48	-0.29	0.18	-0.7
Total Liab	-0.34	-0.52	0.18	-0.44	-0.58		0.52	0.21	0.76	0.77	-0.21	-0.71	0.09	-0.6	-0.57	0.05	0.86	0.22	-0.69	0.67
Intangible Assets	0.27	0.13	-0.54	0.06	-0.08	0.52		0.2	0.17	0.27	-0.19	-0.39	-0.25	-0.26	-0.21	0.18	0.16	0.21	-0.02	0.24
Common Stock	-0.21	-0.27	0.09	-0.65	-0.28	0.21	0.2		0.03	0.45	-0.95	-0.38	-0.19	-0.51	-0.64	0.55	0.24	1.0	0.24	0.54
Current Deferred Revenue	-0.57	-0.67	0.45	-0.46	-0.71	0.76	0.17	0.03		0.69	-0.05	-0.72	-0.2	-0.26	-0.25	0.0	0.57	0.03	-0.46	0.64
Accounts Payable	-0.6	-0.71	0.4	-0.82	-0.76	0.77	0.27	0.45	0.69		-0.38	-0.82	-0.12	-0.6	-0.85	0.6	0.79	0.46	-0.31	0.97
Good Will	0.18	0.26	-0.09	0.6	0.24	-0.21	-0.19	-0.95	-0.05	-0.38		0.34	0.16	0.47	0.59	-0.41	-0.23	-0.95	-0.22	-0.43
Total Current Assets	0.77	0.85	-0.52	0.76	0.94	-0.71	-0.39	-0.38	-0.72	-0.82	0.34		0.55	0.51	0.53	-0.43	-0.53	-0.39	0.16	-0.77
Short Term Debt	0.46	0.4	-0.24	0.27	0.53	0.09	-0.25	-0.19	-0.2	-0.12	0.16	0.55		-0.11	-0.15	-0.38	0.42	-0.2	-0.63	-0.18
Net Tangible Assets	0.34	0.45	-0.3	0.64	0.43	-0.6	-0.26	-0.51	-0.26	-0.6	0.47	0.51	-0.11		0.65	-0.31	-0.67	-0.51	0.36	-0.52
Long Term Debt	0.33	0.44	-0.19	0.77	0.45	-0.57	-0.21	-0.64	-0.25	-0.85	0.59	0.53	-0.15	0.65		-0.67	-0.77	-0.65	0.22	-0.83
Net Invested Capital	-0.28	-0.27	0.07	-0.62	-0.36	0.05	0.18	0.55	0.0	0.6	-0.41	-0.43	-0.38	-0.31	-0.67		0.13	0.55	0.48	0.69
Short Long Term Debt	-0.36	-0.51	0.32	-0.58	-0.48	0.86	0.16	0.24	0.57	0.79	-0.23	-0.53	0.42	-0.67	-0.77	0.13		0.25	-0.78	0.68
Capital Stock	-0.22	-0.28	0.1	-0.66	-0.29	0.22	0.21	1.0	0.03	0.46	-0.95	-0.39	-0.2	-0.51	-0.65	0.55	0.25		0.24	0.54
Net Working Capital	0.13	0.25	-0.22	0.07	0.18	-0.69	-0.02	0.24	-0.46	-0.31	-0.22	0.16	-0.63	0.36	0.22	0.48	-0.78	0.24		-0.16
Property Plant Equipment	-0.55	-0.64	0.34	-0.82	-0.7	0.67	0.24	0.54	0.64	0.97	-0.43	-0.77	-0.18	-0.52	-0.83	0.69	0.68	0.54	-0.16

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About Freight Technologies Financial Statements

Freight Technologies shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Freight Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Freight Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Freight Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	-5 M	-4.8 M
Gross Profit Margin	(0.29)	(0.28)

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