Digital freight platform Transfix announced fourth-quarter growth in key financial metrics Tuesday. Full-year 2021 provided the company with many milestones, including record financial results.
Total revenue increased 37% year-over-year in the quarter to $87 million. The result pushed the top line 60% higher for full-year 2021 to $296 million. Adjusted gross profit in the quarter increased 5% to $6.1 million. The adjusted gross profit margin was down 220 basis points to 7% as third-party truck...
https://www.freightwaves.com/news/transfix-sees-record-results-ahead-of-public-listing