Freightos Limited announced that founder and CEO Zvi Schreiber will step down on January 31 2026, and that CFO Pablo Pinillos will serve as interim CEO until a permanent successor is found. Schreiber will remain on the board as a non‑executive director.
The company reported Q3 2025 revenue of $7.7 million, up 24% from $6.2 million in Q3 2024, and an IFRS gross margin of 69.1%, an increase from 65.0% the prior year. Platform revenue rose 15% to $2.6 million, while Solutions revenue grew 30% to $5.1 million, reflecting strong demand for digital freight procurement and booking services.
Schreiber said the decision was driven by a desire to focus on new entrepreneurial ventures while ensuring Freightos continues to scale. ‘The time is right for Freightos to have a CEO laser‑focused on our next stage of scale‑up,’ he said. CFO Pinillos added that the company is on track to reach breakeven by Q4 2026 and that disciplined cost management has supported margin expansion. Non‑executive chairman Udo Lange praised Schreiber’s foundational role and highlighted the board’s confidence in the interim leadership.
Freightos has secured enterprise agreements with several top‑ten global freight forwarders, expanded into ocean freight, and achieved an annualized run rate of 1.7 million bookings, generating over $1 billion in gross booking value. The CEO transition is positioned as a strategic shift to accelerate growth, deepen the Solutions segment, and leverage the platform’s scale to capture additional market share in a fragmented freight market.
Market participants noted the CEO transition as a normal event, with no significant impact on the company’s valuation outlook. Analysts highlighted the company’s strong financial performance and clear growth strategy, suggesting that the transition is unlikely to alter the long‑term investment thesis.
With Schreiber’s continued board presence and Pinillos’ interim stewardship, Freightos aims to maintain momentum while preparing for the next phase of expansion. Investors can expect continued focus on scaling the platform, improving operational leverage, and pursuing strategic partnerships to strengthen its competitive position.
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