Freightos (NASDAQ:CRGO) vs. Remitly Global (NASDAQ:RELY) Head-To-Head Comparison

Freightos (NASDAQ:CRGO) and Remitly Global (NASDAQ:RELY) are both business services companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, dividends, earnings, risk, analyst recommendations, valuation and institutional ownership.

Profitability

This table compares Freightos and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Freightos	-78.58%	-39.01%	-28.32%
Remitly Global	0.96%	2.31%	1.51%

Institutional and Insider Ownership

22.7% of Freightos shares are owned by institutional investors. Comparatively, 74.3% of Remitly Global shares are owned by institutional investors. 19.6% of Freightos shares are owned by company insiders. Comparatively, 7.5% of Remitly Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Freightos and Remitly Global”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Freightos	$23.78 million	6.84	-$22.49 million	($0.44)	-7.43
Remitly Global	$1.26 billion	2.66	-$36.98 million	$0.06	271.50

Freightos has higher earnings, but lower revenue than Remitly Global. Freightos is trading at a lower price-to-earnings ratio than Remitly Global, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current recommendations and price targets for Freightos and Remitly Global, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freightos	0	0	0	0	0.00
Remitly Global	0	1	8	0	2.89

Remitly Global has a consensus price target of $27.88, indicating a potential upside of 71.12%. Given Remitly Global’s stronger consensus rating and higher probable upside, analysts plainly believe Remitly Global is more favorable than Freightos.

Risk & Volatility

Freightos has a beta of 0.13, suggesting that its stock price is 87% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.13, suggesting that its stock price is 87% less volatile than the S&P 500.

Summary

Remitly Global beats Freightos on 10 of the 13 factors compared between the two stocks.

About Freightos

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics. In addition, it provides digital customs brokerage services. The company is based in Jerusalem, Israel.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.