Freight Technologies Inc (FRGT)

[StockLogistics]

Should not need a split with current revenue/OS

29,452,712

“With eyes set firmly on the future, Fr8Tech's management announced 2023 revenue guidance of $36 million, representing almost 40% growth from Fr8App's 2022 full-year revenue of $25.9 million.

"We are proud to report another successful year of growth in 2022, with YTD revenue up 20.6% from the prior year," said Paul Freudenthaler, Fr8Tech's CFO. "Despite some challenges in Q4, such as reduced demand from our largest client in 2021, which represents an isolated instance, we are optimistic about our business prospects and are projecting approximately $36 million in revenues for 2023, which represents nearly 40% year-over-year growth relative to 2022."”

Should be at or near 1.00 imo 36/29 - costs x industry multiple, if any.

“Chardan Capital Research, a leading investment and research firm, has maintained its buy rating on the company's ordinary shares while lowering its price target by $0.25, from $2.25 to $2.00.”