Web Cargo SL
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Web Cargo SL - overview
Established
2008
Location
Barcelona, -, Spain
Primary Industry
Software
About
Web Cargo SL is a technology-driven company that provides innovative IT solutions for the air cargo sector, enhancing efficiency and transparency in logistics management through its digital platform. Founded in 2008 in Barcelona, Spain, Web Cargo SL specializes in digital solutions for the air cargo industry. In August 2016, the company was acquired by Freightos, expanding its reach and capabilities. The CEO is Enric Alventosa, who has a notable background in the logistics sector.
WebCargo by Freightos offers advanced IT solutions for the air cargo industry, including a digital platform that allows airlines and freight forwarders to manage pricing, booking, and logistics in real time. Their services address inefficiencies in air cargo operations and provide clients with direct access to updated rates and availability, improving decision-making and customer experience. In the most recent year, WebCargo generated an EBITDA of USD 617,110, while its revenue for 2023 is reported as USD 0. WebCargo plans to introduce new products aimed at improving its platform's analytics and reporting tools.
The company is also looking to expand its services into new markets in Europe and North America, leveraging its acquisition by Freightos to facilitate this growth. The insights from the last funding deal in August 2016 will support these initiatives, enhancing their technological capabilities to meet emerging market demands.
Current Investors
OurCrowd Management Limited, Freightos Limited
Primary Industry
Software
Sub Industries
Freight Transportation Services, Web Applications, Logistics Software
Website
www.webcargonet.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Web Cargo SL - timeline of key events
Web Cargo SL - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 718,765 | 685,324.2 | 1,377,966 | 2,184,936.3 | 4,372,150.7 | 4,820,448 | - | - | - |
| % Revenue Growth (YoY) | - | (4.7%) | 101.1% | 58.6% | 100.1% | 10.3% | - | - | - |
| EBITDA (USD) | 44,543.8 | (269,981.4) | (127,602.9) | (63,433.2) | 161,684.2 | 84,596 | - | - | - |
| Operating Income (USD) | 41,885.4 | (276,188.8) | (136,793.6) | (77,560) | 131,587.9 | 40,206.2 | - | - | - |
| Operating Margin | 5.8% | (40.3%) | (9.9%) | (3.5%) | 3.0% | 0.8% | - | - | - |
| % EBITDA Margin | 6.2% | (39.4%) | (9.3%) | (2.9%) | 3.7% | 1.8% | - | - | - |
| NET Income (USD) | 31,747.6 | (276,678.8) | (132,285.8) | (91,556.1) | 117,379.9 | (2,723.8) | - | - | - |
| % Net Margin | 4.4% | (40.4%) | (9.6%) | (4.2%) | 2.7% | (0.1%) | - | - | - |
Web Cargo SL - employee data
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