Freightos Ltd

Platform Segment

For our Platform segment, which is effectively a marketplace, we believe that certain KPIs are important to help understand our business. We monitor the key performance indicators (KPIs) listed in the table below to evaluate our Platform business, measure our performance, identify trends and make strategic decisions.

#Transactions

#Transactions represents the number of bookings for freight services, and related services, placed by Buyers across our Platform with third-party Sellers and with Clearit, net of cancellations. Sellers in Transactions include carriers (airlines, ocean liners and less-than-container load (LCL) consolidators) and also other providers of freight services such as trucking companies, freight forwarders, general sales agents, and air master loaders. Transactions booked on white label portals hosted by Freightos are included if a transactional fee applies.

Gross Booking Value

GBV represents the total monetary value of freight and related services contracted between Buyers and Sellers on our Platform, including related fees charged to Buyers and Sellers and pass-through payments such as duties, converted to U.S. dollars at transaction time.

#Unique Buyer Users

#Unique Buyer Users represents the number of unique individual user logins placing bookings during the period. The number of Buyers, which counts unique customer businesses, does not reflect the fact that some Buyers are large multinational organizations while others are small or midsize businesses. Therefore, we find it more useful to monitor #Unique Buyer Users than the number of Buyer businesses.

#Carriers

#Carriers represents the number of unique air carriers that have acted as sellers in Transactions, counted only when more than five bookings were placed with the carrier over the course of a quarter.