Freightos Limited Ordinary shares (CRGO) POS AM11 Sep 23Prospectus update (post-effective amendment)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2023
Document and Entity Information
Document Type	POS AM
Entity Registrant Name	Freightos Ltd
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Central Index Key	0001927719
Amendment Flag	false

INTERIM CONSOLIDATED STATEMENTS

INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION $ in Thousands	Jun. 30, 2023 USD ($)
CURRENT ASSETS:
Cash and cash equivalents	$ 9,294
User funds	3,525
Trade receivables, net	2,177
Short-term bank deposit	20,484
Short-term investments	31,119
Other receivables and prepaid expenses	2,289
Current assets	68,888
NON-CURRENT ASSETS:
Property and equipment, net	704
Right-of-use assets, net	1,219
Intangible assets, net	8,569
Goodwill	15,628
Deferred taxes	626
Other long-term assets	1,571
Non-current assets	28,317
Total assets	97,205
CURRENT LIABILITIES:
Trade payables	3,532
User accounts	3,525
Current maturity of lease liabilities	668
Accrued expenses and other payables	6,268
Current liabilities	13,993
LONG TERM LIABILITIES:
Lease liabilities	202
Employee benefit liabilities, net	1,271
Warrants liability	3,522
Other long-term liabilities	433
Long term liabilities	5,428
EQUITY:
Share capital	0	[1]
Share premium	251,351
Reserve from remeasurement of defined benefit plans	137
Accumulated deficit	(173,704)
Total equity	77,784
Total liabilities and equity	$ 97,205

[1] Represents an amount lower than $1.

INTERIM CONSOLIDATED STATEMEN_2

INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS - USD ($) $ in Thousands		6 Months Ended		12 Months Ended
	Jan. 25, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
Revenue		$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Cost of revenue		4,188	3,768	7,859	4,596	4,273
Gross profit		5,728	5,780	11,226	6,521	4,236
Operating expenses:
Research and development		6,014	5,119	10,217	7,822	6,910
Selling and marketing		7,081	4,901	12,749	8,774	5,807
General and administrative		6,079	4,997	9,645	6,273	4,562
Reorganization						891
Transaction-related costs		3,703	812	2,887
Share listing expense	$ 46,717	46,717
Total operating expenses		69,594	15,829	35,498	22,869	18,170
Operating loss		(63,866)	(10,049)	(24,272)	(16,348)	(13,934)
Change in fair value of warrants		7,404
Finance income		1,690	171	194	150	193
Finance expenses		(223)	(306)	(454)	(156)	(172)
Financing income (expenses), net		1,467	(135)	(260)	(6)	21
Loss before income taxes		(54,995)	(10,184)	(24,532)	(16,354)	(13,913)
Income taxes		3	38	169	4	259
Loss		(54,998)	(10,222)	(24,701)	(16,358)	(14,172)
Other comprehensive income (loss) (net of tax effect):
Remeasurement gain from defined benefit plans			225	269	(81)	(51)
Total components that will not be reclassified subsequently to profit or loss			225	269	(81)	(51)
Total comprehensive loss		$ (54,998)	$ (9,997)	$ (24,432)	$ (16,439)	$ (14,223)
Basic loss per Ordinary share		$ (1.33)	$ (1.90)	$ 4.25	$ 3.94	$ 3.48
Diluted loss per Ordinary share		$ (1.33)	$ (1.90)	$ 4.25	$ 3.94	$ 3.48
Weighted average number of shares outstanding used to compute basic loss per share		41,802,993	7,703,799	7,930,928	6,242,946	5,945,888
Weighted average number of shares outstanding used to compute diluted loss per share		41,802,993	7,703,799	7,930,928	6,242,946	5,945,888

INTERIM CONSOLIDATED STATEMEN_3

INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Share capital		Share premium	Reserve of remeasurements of defined benefit plans	Accumulated deficit	Total
Balance at the beginning at Dec. 31, 2019	$ 0		$ 95,304		$ (63,475)	$ 31,829
Loss					(14,172)	(14,172)
Total other comprehensive income	0			$ (51)		(51)
Total comprehensive income (loss)				(51)	(14,172)	(14,223)
Exercise of options	0		46			46
Share-based compensation			822			822
Balance at the end at Dec. 31, 2020	0		96,172	(51)	(77,647)	18,474
Loss					(16,358)	(16,358)
Total other comprehensive income				(81)		(81)
Total comprehensive income (loss)				(81)	(16,358)	(16,439)
Exercise of options	0		33			33
Share-based compensation			935			935
Balance at the end at Dec. 31, 2021	0	[1],[2]	129,056	(132)	(94,005)	34,919
Loss					(10,222)	(10,222)
Total other comprehensive income				225		225
Total comprehensive income (loss)				225	(10,222)	(9,997)
Issuance of Ordinary shares	0		6,573			6,573
Exercise of options	0	[2]	31			31
Share-based compensation			732			732
Balance at the end at Jun. 30, 2022	0	[2]	136,392	93	(104,227)	32,258
Balance at the beginning at Dec. 31, 2021	0	[1],[2]	129,056	(132)	(94,005)	34,919
Loss					(24,701)	(24,701)
Total other comprehensive income				269		269
Total comprehensive income (loss)				269	(24,701)	(24,432)
Issuance of Ordinary shares	0	[1]	9,194			9,194
Exercise of options	0	[1]	73			73
Share-based compensation			1,906			1,906
Balance at the end at Dec. 31, 2022	0	[2],[3]	140,229	137	(118,706)	21,660
Loss						(54,998)
Total comprehensive income (loss)					(54,998)	(54,998)
Issuance of Ordinary shares	0	[2],[3]	113			113
Issuance of Ordinary shares, net in connection with the closing of the BCA	0	[2],[3]	63,145			63,145
Exercise of options	0	[2],[3]	19			19
Share-based compensation			1,128			1,128
Share listing expense			46,717			46,717
Balance at the end at Jun. 30, 2023	$ 0	[2],[3]	$ 251,351	$ 137	$ (173,704)	$ 77,784

[1] Represents an amount lower than $1. Represents an amount lower than $1 Represents an amount lower than $1.

INTERIM CONSOLIDATED STATEMEN_4

INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Loss	$ (54,998)	$ (10,222)
Adjustments to profit or loss items:
Depreciation and amortization	1,362	1,129
Share listing expense	46,717
Change in fair value of warrants	(7,404)
Changes in the fair value of contingent consideration	(903)	(129)
Share-based compensation	1,128	732
Finance expenses (income), net	(1,206)	264
Taxes on income	3	38
Adjustments to profit or loss items	39,697	2,034
Changes in asset and liability items:
Decrease (increase) in user funds	(189)	2,691
Increase (decrease) in user accounts	189	(2,691)
Increase in other receivables and prepaid expenses	(1,085)	(164)
Increase in trade receivables	(239)	(328)
Increase in trade payables	309	773
Increase (decrease) in accrued severance pay, net	(12)	85
Increase (decrease) in accrued expenses and other payables	(2,902)	1,024
Changes in asset and liability items	(3,929)	1,390
Cash paid and received during the period for:
Interest received (paid), net	475	(161)
Taxes paid	(54)	(44)
Total Cash paid and received	421	(205)
Net cash used in operating activities	(18,809)	(7,003)
Cash flows from investing activities:
Purchase of property and equipment	(68)	(169)
Proceeds from sale of property and equipment	1
Acquisition of subsidiaries, net of cash acquired		(4,183)
Payment of payables for previous acquisition of a subsidiary	(136)	(156)
Increase in other long-term assets	(347)	(481)
Purchase of short-term investments, net	(30,920)
Investment in short-term bank deposit	(20,000)
Net cash used in investing activities	(51,470)	(4,989)
Cash flows from financing activities:
Proceeds from the issuance of share capital and warrants net of transaction costs	76,044
Repayment of lease liabilities	(287)	(312)
Repayment of short-term bank loan and credit	(2,504)
Exercise of options	19	31
Net cash provided by (used in) financing activities	73,272	(281)
Exchange differences on balances of cash and cash equivalents	(191)	(371)
Increase (decrease) in cash and cash equivalents	2,802	(12,644)
Cash and cash equivalents at the beginning of the period	6,492	25,079
Cash and cash equivalents at the end of the period	9,294	12,435
Acquisition of an initially consolidated subsidiary:
Working capital (excluding cash and cash equivalents)		(992)
Other receivables		163
Property and equipment		12
Intangible assets		5,734
Goodwill		7,607
Shares issued		(6,573)
Contingent consideration		(1,768)
Acquisition of subsidiaries, net of cash acquired		4,183
Significant non-cash transactions:
Right-of-use asset recognized with corresponding lease liability	161	$ 74
Issuance of shares for previous acquisition of a subsidiary	$ 113

GENERAL

GENERAL	6 Months Ended	12 Months Ended
GENERAL	Jun. 30, 2023	Dec. 31, 2022
GENERAL
GENERAL	NOTE 1: — GENERAL a. Freightos Limited (the “Company” or “Freightos Cayman”, and together with its subsidiaries — “Freightos” or the “Group”) was incorporated on April 12, 2022 under the laws of the Cayman Islands. The Company is an exempted company limited by shares. On May 27, 2022, Freightos Hong Kong Limited (formerly: Freightos Limited) (“Freightos-HK”), a Hong-Kong entity, completed a series of share swap transactions with its shareholders by which the shareholders of Freightos-HK exchanged their shares in Freightos-HK for an equivalent number and class of shares of the newly-created Freightos Cayman (the “Group Restructuring”). As of that date, Freightos-HK became a wholly-owned subsidiary of the Company. On September 30, 2022 Freightos-HK distributed the shares of several of its subsidiaries to the Company. Prior to that, in August 2022, as part of the distribution of shares of its subsidiaries, Freightos-HK increased its retained earnings by reducing its share premium for the same amount. Freightos-HK filed for, and obtained, a ruling from the Israel Tax Authority to confirm there was no current tax event for its Israeli shareholders arising out of these restructuring transactions. The ruling provides the Company, Freightos-HK and their subsidiaries certain tax benefits regarding the exchange of shares and distribution of the shares of the Group’s subsidiaries, and includes a condition according to which the Company will register for tax purposes in Israel. The restructuring transaction was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company. Since the number and class of the Company’s shares are similar to the number and class of Freightos-HK’s shares, per share data in these financial statements did not retrospectively change. The share capital of Freightos-HK does not have par value, and was retrospectively adjusted to reflect the Company’s share capital which has par value of $0.00001 per share. b. Freightos operates a leading, vendor-neutral booking and payment platform for international freight. Freightos’ Platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Freightos operates its business through two segments - Platform and Solutions. The Platform segment provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. The Solutions segment provides software tools and data to help industry participants automate their pricing, sales, and procurement processes. c. The Group has the following subsidiaries as of June 30, 2023: Freightos-HK, a wholly-owned subsidiary of the Company following the Group Restructuring (see Note 1a), was incorporated in Hong-Kong on January 10, 2012. Through September 30, 2022 Freightos-HK still served as the holding company of the rest of the group entities and on that date distributed the shares of several of its subsidiaries to the Company. Freightos-HK is principally engaged in the provision of business interface and fronting services to its Israeli affiliate. Freightos Ltd, a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Israel on August 8, 2012 and started its operation on that date (the “Israeli subsidiary”). Currently, the Israeli subsidiary owns the technology and intellectual property of the Group and Freightos-HK provides business interface and fronting services to the Israeli subsidiary. Freightos Software Development and Data Services Ltd., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then (whose shares are partially held in trust for the Company), was registered on January 18, 2012 in Ramallah, within the Palestinian Authority (the “Palestinian subsidiary”). The Palestinian subsidiary’s main activity is the development of certain software and know-how related to the Group’s offering of software and services, and customer and technical support NOTE 1: — GENERAL (continued) Freightos Inc., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Delaware in the United States on May 28, 2015 (the “US subsidiary”). The US subsidiary is engaged in rendering billing services and holds the membership interests of 9T Technologies, LLC and the shares of Clearit Customs Services, Inc. (see below). Web Cargo, S.L.U., a wholly-owned Spanish subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was acquired in August 2016 (“WebCargo”). WebCargo is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Currently, WebCargo operates as a low-risk distributor for certain of the Group’s products and services, as well as a contracted research and development service provider for the Israeli subsidiary. Freightos Information Technology (Shanghai) Co., Ltd., a wholly-owned subsidiary of Freightos-HK, was established on January 17, 2018, in the People’s Republic of China (the “China subsidiary”). The China subsidiary engages in providing certain customer and technical support services to the Group. Freightos India Private Limited, a wholly-owned subsidiary of Freightos-HK, was established on March 13, 2019, in India, to act as a low-risk distributor of certain of the Group’s products and services in India. 9T Technologies LLC. (“7LFreight”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on December 30, 2021. 7LFreight is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Clearit Customs Brokers Inc. (formerly: 13096351 Canada Inc.) (“Clearit-CA”), a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was established in June 2021 in Canada to acquire certain assets as part of a business combination completed on February 16, 2022. Clearit-CA is engaged in the business of providing online customs clearance and brokerage services in Canada. Clearit Customs Services, Inc. (“Clearit-US”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination completed on February 16, 2022. Clearit-US is engaged in the business of providing online customs clearance and brokerage services in the US. Freightos Merger Sub II, wholly owned subsidiary of the Company incorporated in the Cayman Islands in 2022 for the purpose of consummating the BCA entered into by the Company, Freightos Merger Sub I and Freightos Merger Sub II (see Note 1d), has no operations and is in the process of liquidation. d. Business Combination Agreement On May 31, 2022, the Company entered into a business combination agreement (the “BCA”) with Gesher I Acquisition Corp., a Cayman Islands exempted company limited by shares (“Gesher”), Freightos Merger Sub I, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of the Company (“Merger Sub I”), and Freightos Merger Sub II, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of Freightos (“Merger Sub II”). The BCA was closed on January 25, 2023 (the “Closing Date”). Pursuant to the BCA, on the Closing Date Merger Sub I merged with and into Gesher, with Gesher being the surviving entity. Then, Gesher merged with and into Merger Sub II with Merger Sub II surviving as a wholly-owned subsidiary of Freightos (collectively, the “Transactions”). Upon consummation of the Transactions, Freightos became a publicly traded company listed on the Nasdaq Capital Market under the symbols “CRGO” and “CRGOW” and the former equity holders of Gesher became equity holders of Freightos. NOTE 1: — GENERAL (continued) On the Closing Date, in connection with the closing of the Transactions Freightos also consummated private placements contemplated by a forward purchase agreement and a backstop agreement, each assigned from Gesher to the Company. Pursuant to these agreements a Forward Purchaser, as defined in the forward purchase agreement, purchased 4,000,000 Freightos units (consisting of one Ordinary share and one -half of a warrant) for a purchase price of $40,000 and additionally fulfilled a $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 500,000 Freightos newly issued warrants. In addition, a Backstop Investor, as defined in the backstop agreement, fulfilled the $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 100,000 newly issued Freightos warrants. In addition, pursuant to a PIPE Agreement, an investor purchased 1,000,000 Freightos Ordinary shares for a purchase price of $10,000 . On the Closing Date, in connection with the closing of the Transactions the Company and its shareholders recapitalized the Company’s equity securities whereby each share of the Company’s Preferred shares was converted into one Ordinary share. In addition, and immediately following that conversion each Ordinary share was converted into 3.51806 Ordinary shares (the “Share Split”). At the same time, and as part of the Share Split, each outstanding option to purchase an Ordinary share was converted into an option to purchase . As a result of the Share Split the Ordinary shares, Preferred shares, options for Ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods presented in these consolidated financial statements as if the Share Split had been in effect as of the date of these consolidated financial statements. The Transactions were accounted for as a reverse recapitalization, in accordance with the relevant International Financial Reporting Standards (“IFRS”) and the Group was deemed to be the accounting acquirer. Gesher did not meet the definition of a business in accordance with IFRS 3 - “Business Combinations”, and the Transactions were instead accounted for within the scope of IFRS 2 - “Share based payment” (“IFRS 2”), as a share-based payment transaction in exchange for a public listing service. In accordance with IFRS 2 the Company recorded a one-time share-based Share listing expense of $46,717 at the closing of the BCA that was calculated based on the excess of the fair value of the Company issued to public investors over the fair value of the identifiable net assets of Gesher that were acquired: Number of Amount Shares Shares issued to Gesher shareholders 4,287,156 Opening price of the Company’s share on Nasdaq as of January 25, 2023 ($) 10.23 (A) Fair value of the Company’s shares issued to Gesher shareholders 43,858 Warrants issued to Gesher shareholders 12,250,000 Opening price of the Company’s warrants on Nasdaq as of January 25, 2023 ($) 0.74 (B) Fair value of the Company’s warrants issued to Gesher shareholders 9,012 Gesher’s cash in trust 8,127 Gesher’s liabilities (1,974) (C) Net assets of Gesher 6,153 IFRS 2 Listing expenses (A+B-C) 46,717 e. These interim consolidated financial statements have been prepared on a going concern basis, which contemplates that the Company will continue in operation for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. As of June 30, 2023, the Company had an accumulated deficit of $173,704 . During the six months ended June 30, 2023, the Company incurred a loss of $54,998 and negative cash flow from operating activities of $18,809 . The Company’s management concluded that the Company has sufficient funds to continue its operations and meet its obligations for a period of at least twelve months from the date the financial statements were authorized for issuance.	NOTE 1: — GENERAL a. Freightos Limited (the “Company” or “Freightos Cayman”, and together with its subsidiaries — “Freightos” or the “Group”) was incorporated on April 12, 2022 under the laws of the Cayman Islands. The Company is an exempted company limited by shares. On May 27, 2022, Freightos Hong Kong Limited (formerly: Freightos Limited) (“Freightos-HK”), a Hong-Kong entity, completed a series of share swap transactions with its shareholders by which the shareholders of Freightos-HK exchanged their shares in Freightos-HK for an equivalent number and class of shares of the newly-created Freightos Cayman (the “Group Restructuring”). As of that date, Freightos-HK became a wholly-owned subsidiary of the Company. On September 30, 2022 Freightos-HK distributed the shares of several of its subsidiaries to the Company. Prior to that, in August 2022, as part of the distribution of shares of its subsidiaries, Freightos-HK increased its retained earnings by reducing its share premium for the same amount. Freightos-HK has filed for, and obtained, a ruling from the Israel Tax Authority to confirm there is no current tax event for its Israeli shareholders arising out of these restructuring transactions. The ruling provides the Company, Freightos-HK and their subsidiaries certain tax benefits regarding the exchange of shares and distribution of the shares of Group’s subsidiaries, and includes a condition pursuant to which the Company registered for tax purposes in Israel. The restructuring transaction was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company. Since the number and class of the Company’s shares are similar to the number and class of Freightos-HK’s shares, per share data in these financial statements did not retrospectively change due to the Group Restructuring. The share capital of Freightos-HK does not have par value, and was retrospectively adjusted to reflect the Company’s share capital which has par value of $0.00001 per share for all classes of shares. b. Freightos operates a leading, vendor-neutral booking and payment platform for international freight. Freightos’ Platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Freightos operates its business through two segments - Platform and Solutions. The Platform segment provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. The Solutions segment provides software tools and data to help industry participants automate their pricing, sales, and procurement processes. c. The Group has the following subsidiaries as of December 31, 2022: Freightos HK, a wholly-owned subsidiary of the Company following the Group Restructuring (see Note 1a), was incorporated in Hong-Kong on January 10, 2012. Through September 30, 2022 Freightos-HK still served as the holding company of the rest of the group entities and on that date distributed the shares of several of its subsidiaries to the Company. Freightos-HK is principally engaged in the provision of business interface and fronting services to its Israeli affiliate. Freightos Ltd, a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Israel on August 8, 2012 and started its operation on that date (the “Israeli subsidiary”). Currently, the Israeli subsidiary owns the technology and intellectual property of the Group and Freightos-HK provides business interface and fronting services to the Israeli subsidiary. Freightos Software Development and Data Services Ltd., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then (whose shares are partially held in trust for the Company), was registered on January 18, 2012 in Ramallah, within the Palestinian Authority (the “Palestinian subsidiary”). The Palestinian subsidiary’s main activity is the development of certain software and know-how related to the Group’s offering of software and services, and customer and technical support. NOTE 1: — GENERAL (continued) Freightos Inc., a wholly-owned subsidiary of the Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Delaware in the United States on May 28, 2015 (the “US subsidiary”). The US subsidiary is engaged in rendering billing services and holds the membership interests of 9T Technologies, LLC (see below). Web Cargo, S.L.U., a wholly-owned Spanish subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was acquired in August 2016 (“WebCargo”) (see also Note 11b). WebCargo is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Currently, WebCargo operates as a low-risk distributor for certain of the Group’s products and services, as well as a contracted research and development service provider for the Israeli subsidiary. Freightos Information Technology (Shanghai) Co., Ltd., a wholly-owned subsidiary of Freightos-HK, was established on January 17, 2018, in the People’s Republic of China (the “China subsidiary”). The China subsidiary engages in providing certain customer and technical support services to the Group. Freightos India Private Limited, a wholly-owned subsidiary of Freightos-HK, was established on March 13, 2019, in India, to act as a low-risk distributor of certain of the Group’s products and services in India. 9T Technologies LLC. (“7LFreight”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on December 30, 2021 (see Note 5b). 7LFreight is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Clearit Customs Brokers Inc. (formerly: 13096351 Canada Inc.), a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was established in June 2021 in Canada to acquire certain assets as part of a business combination signed on November 3, 2021 and completed on February 16, 2022 (see Note 5a.). Clearit Customs Services Inc. (“Clearit-US”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on February 16, 2022 (see Note 5a). Clearit-US is engaged in the business of providing online customs clearance and brokerage services in the US. Freightos Merger Sub I and Freightos Merger Sub II, wholly owned subsidiaries of the Company incorporated in the Cayman Islands in 2022 for the purpose of consummating the BCA entered into by the Company, Freightos Merger Sub I and Freightos Merger Sub II (see Note 1d). d. Business Combination Agreement On May 31, 2022, the Company entered into a business combination agreement (the “BCA”) with Gesher I Acquisition Corp., a Cayman Islands exempted company limited by shares (“Gesher”), Freightos Merger Sub I, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of the Company (“Merger Sub I”), and Freightos Merger Sub II, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of Freightos (“Merger Sub II”). The BCA was closed on January 25, 2023 (the “Closing Date”). Pursuant to the BCA, on the Closing Date Merger Sub I merged with and into Gesher, with Gesher being the surviving entity. Then, Gesher merged with and into Merger Sub II with Merger Sub II surviving as a wholly-owned subsidiary of Freightos (collectively, the “Transactions”). Upon consummation of the Transactions, Freightos became a publicly traded company listed on the Nasdaq Capital Market under the symbols “CRGO” and “CRGOW” and the former equity holders of Gesher became equity holders of Freightos. NOTE 1: — GENERAL (continued) On the Closing Date, in connection with the closing of the Transactions Freightos also consummated private placements contemplated by a forward purchase agreement and a backstop agreement, each assigned from Gesher to the Company. Pursuant to these agreements a Forward Purchaser, as defined in the forward purchase agreement, purchased 4,000,000 Freightos Units for a purchase price of $40,000 and additionally fulfilled a $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 500,000 Freightos newly issued warrants. In addition, a Backstop Investor, as defined in the backstop agreement, fulfilled the $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary share and 100,000 newly issued Freightos Warrants. In addition, pursuant to a PIPE Agreement, an investor purchased 1,000,000 Freightos Ordinary shares for a purchase price of $10,000. On the Closing Date, in connection with the closing of the Transactions the Company and its shareholders recapitalized the Company’s equity securities whereby each share of the Company’s Preferred shares was converted into one Ordinary share. In addition, and immediately following that conversion each Ordinary share was converted into 3.51806 Ordinary shares (the “Share Split”). At the same time, and as part of the Share Split each outstanding option to purchase an Ordinary share was converted into an option to purchase . As a result of the Share Split the Ordinary shares, Preferred shares, options for Ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods presented in these consolidated financial statements as if the Share Split had been in effect as of the date of these consolidated financial statements. e. These consolidated financial statements have been prepared on a going concern basis, which contemplates that the Company will continue in operation for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. As of December 31, 2022, the Company had an accumulated deficit of $118,706 . During the year ended December 31, 2022, the Company incurred a loss of $24,701 and negative cash flow from operating activities of $14,908 . Subsequent to the reporting date the Company raised approximately $82,439 as part of the closing of the BCA and the related transactions (see Note 1d). The Company’s management concluded that the Company has sufficient funds to continue its operations and meet its obligations for a period of at least twelve months from the date the financial statements were authorized for issuance.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2023	Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES a. Basis of presentation of the financial statements: The interim consolidated financial statements have been prepared using accounting policies consistent with IFRS and in accordance with International Accounting Standard (“IAS”) 34 - “Interim Financial Reporting”. The unaudited Company’s interim consolidated financial statements as of June 30, 2023 and for the six months then ended (“interim financial statements”) should be read in conjunction with the audited consolidated financial statements of the Company as of December 31, 2022 and for the year then ended which have been prepared in accordance with IFRS. b. Significant accounting policies: The significant accounting policies, presentation and methods of computation adopted in the preparation of these interim financial statements are consistent with those followed in the preparation of the Company’s consolidated audited financial statements for the year ended December 31, 2022, except as set forth below. c. Warrants The Company issued public warrants (the “Warrants”) as part of the closing of the BCA. Each Warrant entitles the holder to purchase one Ordinary share of the Company at an exercise price of $11.50 per share (“Warrant Price”). A Warrant may be exercised during the period commencing on the date that is thirty ( 30 ) days after the consummation of the BCA and terminating on the date that is five ( 5 ) years after the date on which the Company consummated the BCA (the “Exercise Period”). Not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period at the price of $0.01 per Warrant (“Redemption Price”), provided that the closing price of the Company’s Ordinary share equals or exceeds $18.00 per share, on each of twenty (20) trading days within any thirty (30) trading day period, subject to the terms of the Warrant agreement. In the event of such a redemption, the Company’s management may elect to force all holders of Warrants to exercise such Warrants on a “cashless basis” by surrendering the Warrants for that number of Ordinary shares equal to the quotient obtained by dividing (x) the product of the number of Ordinary shares underlying the Warrants, multiplied by the difference between the Warrant Price and the Fair Market Value (as defined in the Warrant agreement) by (y) the Fair Market Value. According to IAS 32, derivatives which will be settled only by the issuer exchanging fixed amounts of cash to fixed numbers of the Company’s Ordinary shares will be classified as equity. Otherwise, the instrument should be classified as a financial liability. Therefore, the Group has classified all Warrants as a financial liability. The Warrant instrument is initially recognized at fair value, and subsequently measured at fair value changes in fair value are recognized in profit or loss. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) d. Initial application of new financial reporting and accounting standards and amendments to existing financial reporting and accounting standards: 1). Amendment to IAS 1, “Presentation of Financial Statements”: In February 2021, the International Accounting Standards Board (“IASB”) issued an amendment to IAS 1 (the “IAS 1 Amendment”). Under the IAS 1 Amendment, companies are required to provide disclosure to their substantive accounting policies beyond the current requirement to provide disclosure for their substantial accounting policies. One of the main reasons for this amendment is that the term “significant” does not have a definition in IFRS, while the term “substantial” has a definition in various standards, particularly IAS 1. The IAS 1 Amendment is effective for annual periods beginning on or after January 1, 2023. The application of the IAS 1 Amendment did not have an impact on the Company’s interim consolidated financial statements, but the IAS 1 Amendment is expected to affect the accounting policy disclosures in the Company’s consolidated annual financial statements. 2). Amendment to IAS 8, “Accounting Policies, Changes to Accounting Estimates and Errors”: In February 2021, the IASB issued an amendment to IAS 8 (the “IAS 8 Amendment”), in which it introduces a new definition of accounting estimates. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The IAS 8 Amendment clarifies the distinction between changes in accounting estimates and changes in accounting policies and the correction of errors. The IAS 8 Amendment is to be applied prospectively for annual reporting periods beginning on or after January 1, 2023 and is applicable to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. IAS 8 Amendment did not have a material impact on the Company’s interim consolidated financial statements.	NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in the consolidated financial statements for all periods presented, unless otherwise stated. a. Basis of presentation of the financial statements: These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The Company’s financial statements have been prepared on a cost basis, except for certain financial instruments presented at fair value through profit or loss and certain employee benefit liabilities, net. The Company has elected to present the profit or loss items using the function of expense method. b. Consolidated financial statements: The consolidated financial statements comprise the financial statements of companies that are controlled by the Company (subsidiaries). Control is achieved when the Company is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Potential voting rights are considered when assessing whether an entity has control. The consolidation of the financial statements commences on the date on which control is obtained and ends when such control ceases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The financial statements of the Company and of the subsidiaries are prepared on the same dates and periods. The consolidated financial statements are prepared using uniform accounting policies by all companies in the Group. Intragroup balances and transactions and gains or losses resulting from intragroup transactions are eliminated in full in the consolidated financial statements. c. Functional currency, presentation currency and foreign currency: 1. Functional currency and presentation currency: The consolidated financial statements are presented in U.S. dollar (“USD”), which is the Company’s functional currency. For each subsidiary, the Group determines the functional currency and items included in the financial statements of each subsidiary are measured using that functional currency. The functional currency of all the Group’s subsidiaries is the USD. 2. Transactions, assets and liabilities in foreign currency: Transactions denominated in foreign currency are recorded upon initial recognition at the exchange rate at the date of the transaction. After initial recognition, monetary assets and liabilities denominated in foreign currency are translated at each reporting date into the functional currency at the exchange rate at that date. Non-monetary assets and liabilities denominated in foreign currency are translated using exchange rates at the date of the transaction. Exchange rate differences are recognized in profit or loss. d. Cash equivalents: Cash equivalents are considered as highly liquid investments, including unrestricted short-term bank deposits with an original maturity of three months or less from the date of investment or with a maturity of more than three months, but which are redeemable on demand without penalty and which form part of Freightos’ cash management. The balance of cash equivalents also includes certain cash amounts held in accounts with third party payment service providers which are already earned and available for disbursement by the Company. e. User funds and User accounts: In 2021 the Company entered into arrangements with third party payment service providers to hold funds on behalf of buyers and sellers (“users”) on its Freightos.com and WebCargo eBooking platforms (See Note 2j). User funds consist of buyers’ prepayments, including the Company’s transaction and service fees that would be earned when an order is completed, credits issued upon cancellations and seller fees that have not yet been withdrawn. User accounts represent the corresponding liability to the users. The Company does not have ownership over the funds and does not have the right to direct the funds to be used at will or for its own benefit other than those funds related to transaction and service fees owed to the Company after control has been obtained by the customers. f. Property and equipment: Property and equipment are measured at cost, including directly attributable costs, less accumulated depreciation, accumulated impairment losses and excluding day-to-day servicing expenses, if any. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows: % Computers and hardware 15 – 33 Office furniture and equipment 6 – 20 Leasehold improvements See below Leasehold improvements are depreciated on a straight-line basis over the shorter of the lease term (including reasonably certain options periods) and the estimated useful life of the improvements. The useful life, depreciation method and residual value of an asset are reviewed at least each year-end and any changes are accounted for prospectively as a change in accounting estimate. An item of property and equipment is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. g. Business combinations and goodwill: Business combinations are accounted for by applying the acquisition method. The cost of the acquisition is measured at the fair value of the consideration transferred on the acquisition date. Direct acquisition costs are carried to the statement of profit or loss as incurred. Contingent consideration is recognized at fair value on the acquisition date and classified as a financial asset or liability in accordance with International Accounting Standard (“IAS”) 39. Subsequent changes in the fair value of the contingent consideration are recognized in profit or loss. If the contingent consideration is classified as an equity instrument, it is measured at fair value on the acquisition date without subsequent remeasurement. Goodwill is initially measured at cost which represents the excess of the acquisition consideration over the net identifiable assets acquired and liabilities assumed. If the resulting amount is negative, the acquirer recognizes the resulting gain on the acquisition date. h. Leases: At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date, excluding leases whose term is up to 12 months and leases for which the underlying asset is of low value. For these excluded leases, the Company has elected to recognize the lease payments as an expense in profit or loss on a straight-line basis over the lease term. In measuring the lease liability, the Company has elected to apply the practical expedient in IFRS 16 and does not separate the lease components from the non-lease components included in a single contract. The Company has contracts that are, or contain, leases, for the buildings and offices used for its operations. Leases which entitle employees to a company car as part of their employment terms are accounted for as employee benefits in accordance with the provisions of IAS 19 and not as subleases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. After the commencement date, the Company measures the lease liability using the effective interest rate method. On the commencement date, the right-of-use asset is recognized in an amount equal to the lease liability plus lease payments already made on or before the commencement date and initial direct costs incurred. The right-of-use asset is measured applying the cost model and depreciated over the shorter of its useful life and the lease term. The periods of depreciation of the right-of-use buildings and offices assets are 2.5 - 3 years. The Company tests for impairment of the right-of-use asset whenever there are indications of impairment pursuant to the provisions of IAS 36. Lease liability is re-measured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company’s estimate of the amount expected to be payable under a residual value guarantee or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is re-measured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. Lease extension and termination options: A non-cancelable lease term includes both the periods covered by an option to extend the lease when it is reasonably certain that the extension option will be exercised and the periods covered by a lease termination option when it is reasonably certain that the termination option will not be exercised. In the event of any change in the expected exercise of the lease extension option or in the expected non-exercise of the lease termination option, the Company remeasures the lease liability based on the revised lease term using a revised discount rate as of the date of the change in expectations. The total change is recognized in the carrying amount of the right-of-use asset until it is reduced to zero, and any further reductions are recognized in profit or loss. i. Impairment of non-financial assets: The Company evaluates the need to record an impairment of non-financial assets whenever events or changes in circumstances indicate that the carrying amount is not recoverable. If the carrying amount of non-financial assets exceeds their recoverable amount, the assets are reduced to their recoverable amount. The recoverable amount is the higher of fair value less costs of sale and value in use. In measuring value in use, the expected future cash flows are discounted using a pre-tax discount rate that reflects the risks specific to the asset. The recoverable amount of an asset that does not generate independent cash flows is determined for the cash-generating unit to which the asset belongs. Impairment losses are recognized in profit or loss. An impairment loss of an asset, other than goodwill, is reversed only if there have been changes in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. Reversal of an impairment loss, as above, shall not be increased above the lower of the carrying amount that would have been determined (net of depreciation or amortization) had no impairment loss been recognized for the asset in prior years and its recoverable amount. The reversal of impairment loss of an asset presented at cost is recognized in profit or loss. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Goodwill in respect of subsidiaries: The Company reviews goodwill for impairment once a year, on December 31, or more frequently if events or changes in circumstances indicate that there is an impairment. Goodwill is tested for impairment by assessing the recoverable amount of the cash-generating unit (or group of cash-generating units) to which the goodwill has been allocated. An impairment loss is recognized if the recoverable amount of the cash-generating unit (or group of cash-generating units) to which goodwill has been allocated is less than the carrying amount of the cash-generating unit (or group of cash-generating units). Any impairment loss is allocated first to goodwill. Impairment losses recognized for goodwill cannot be reversed in subsequent periods. j. Revenue: Revenue from contracts with customers is recognized when the control over the goods or services is transferred to the customer. The transaction price is the amount of the consideration that is expected to be received based on the contract terms, excluding amounts collected on behalf of third parties (such as taxes). In determining the amount of revenue from contracts with customers, the Company evaluates whether it is a principal or an agent in the arrangement. The Company is a principal when the Company controls the promised goods or services before transferring them to the customer. In these circumstances, the Company recognizes revenue for the gross amount of the consideration. When the Company is an agent, it recognizes revenue for the net amount of the consideration, after deducting the amount due to the principal. The Company’s revenue is derived from several sources: ● transaction fees and ancillary services fees on its global freight booking and payments (transactional) platforms - Freightos.com and WebCargo eBooking (the “Platform”), as well as fees for providing customs brokerage services. ● subscriptions and professional services fees from its Solutions offerings. Platform offerings: In its Platform, Freightos provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. Platform revenue is generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. Platform revenue includes buyer platform fees, seller transaction fees (flat or a percentage of transaction value), fees related to payments or payment terms, and fees related to sales of ancillary services like third party insurance and customs brokerage. The Company’s customers are users of its platform, such as international shippers, freight forwarders, third-party ancillary services providers and air and ocean carriers. Fees are mainly remitted from a third-party payment provider who collects up-front from users and facilitates the payments from buyers to sellers, or are collected directly from carriers. Any prepaid amounts from buyers are recorded simultaneously as an asset under “user funds” and as a corresponding liability to users under “user accounts.” Revenue recognition is deferred until the order is completed. In some cases, the Company offers credit terms to certain buyers on the Freightos.com marketplace. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The Company’s revenue generated by the Platform is primarily related to facilitating and enabling sellers and buyers to contract for international freight. The Company only has one distinct performance obligation in connect with its transactional platforms. The Company earns the transaction fees and service fees, and recognizes revenue, once the user obtains control of the service, which occurs at a point in time upon completion of each order. The Company recognizes revenue on a net basis since the Company acts as an agent on its Platform. The Company does not take responsibility for the sellers’ services, and therefore the Company does not obtain control on the services before they are transferred to the customer. Solutions offerings Freightos provides software tools and data to help industry participants automate their pricing, sales and procurement processes. The Company generates revenue from recurring subscriptions for SaaS and data and recognizes revenue over time when the service is rendered to the customer. The Company also receives revenue from certain non-recurring engineering and customization services associated with SaaS so the Company recognizes this revenue over the subscription period. Costs of obtaining a contract: In order to obtain certain contracts with customers, the Company incurs incremental costs in obtaining the contract (such as sales commissions which are contingent on making binding sales). Costs incurred in obtaining the contract with the customer which would not have been incurred if the contract had not been obtained and which the Company expects to recover are recognized as an asset and amortized on a systematic basis that is consistent with the provision of the services under the specific contract. The Company has elected to apply the practical expedient allowed by IFRS 15 according to which incremental costs of obtaining a contract are recognized as an expense when incurred if the amortization period of the asset is one year or less. k. Employee benefit liabilities: The Company has several employee benefit plans: 1. Short-term employee benefits: Short-term employee benefits are benefits that are expected to be settled before twelve months after the end of the annual reporting period in which the employees render the related services. These benefits include salaries, paid annual leave, paid sick leave, recreation and social security contributions and are recognized as expenses as the services are rendered. A liability for a cash bonus is recognized when the Company has a legal or constructive obligation to make such payment as a result of past service rendered by an employee and a reliable estimate of the amount can be made. 2. Post-employment benefits: The Company has defined contribution plans for almost all of the employees of the Israeli subsidiary that elected to be included under Section 14 of the Severance Compensation Act, 1963 (“Section 14”). According to Section 14 the Company makes monthly deposits to pension funds or insurance policies in the name of each employee. Once deposits are made, the Israeli subsidiary is released from future severance obligation with respect to these employees, and hence no accrual is recorded, and the aforementioned deposits are not recorded as an asset on the Company’s statements of financial position. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The company also operates a defined benefit plan for one employee of the Israeli subsidiary that did not elect to be included under Section 14, and for employees of other subsidiaries that are entitled according to their respective domicile’s laws to severance pay upon dismissal or retirement. The Company measured this liability for termination of employment using the projected unit credit method. The actuarial assumptions include expected salary increases and rates of employee turnover based on the estimated timing of payment. The amounts are presented based on discounted expected future cash flows using a discount rate determined by reference to market yields at the reporting date on high quality corporate bonds with a term that is consistent with the estimated term of the severance pay obligation. In respect of its severance pay obligation to certain of its employees, the Company makes current deposits in pension funds and insurance companies (the “plan assets”). Plan assets comprise assets held by a long-term employee benefit fund or qualifying insurance policies. Plan assets are not available to the Company’s own creditors and cannot be returned directly to the Company. The liability for employee benefits shown in the statement of financial position reflects the present value of the defined benefit obligation less the fair value of the plan assets. Remeasurements of the net liability are recognized in other comprehensive income in the period in which they occur. 3. Termination benefits: Termination benefits are created as a result of the Group’s decision to dismiss employees before the normal retirement age or as a result of the employee decision to accept early retirement. A liability for a termination benefit is recognized at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognizes any related restructuring costs. l. Intangible assets: Intangible assets acquired separately are measured on initial recognition at cost. Intangible assets acquired in a business combination are measured at fair value at the acquisition date. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses. A summary of the useful economic lives of the intangible assets purchased by the Company is as follows: Years Technology 6 - 7 Trade Name 5.33 Customer relationships 5 - 10.33 Intangible assets with finite lives are amortized on a straight-line basis over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at each year end. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the statement of profit or loss in the expense category that is consistent with the function of the intangible assets. Research and development expenditures: Research expenditures are recognized in profit or loss when incurred. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Costs incurred in an internal development project are recognized as an intangible asset only if the Company can demonstrate the technical feasibility of completing the intangible asset so that it will be available for use or sale; the Company’s intention to complete the intangible asset and use or sell it; the ability to use or sell the intangible asset; how the intangible asset will generate future economic benefits; the availability of adequate technical, financial and other resources to complete the intangible asset; and the ability to measure reliably the expenditures attributable to the intangible asset during its development. For all the reporting periods, the above criteria have not been met and therefore all development costs have been recognized as an expense in profit or loss. m. Taxes on income: Current or deferred taxes are recognized in profit or loss, except to the extent that they relate to items which are recognized in other comprehensive income or equity. 1. Current taxes: The current tax liability is measured using the tax rates and tax laws that have been enacted or substantively enacted by the reporting date as well as adjustments required in connection with the tax liability in respect of previous years. 2. Deferred taxes: Deferred taxes are computed in respect of temporary differences between the carrying amounts in the financial statements and the amounts attributed for tax purposes. Deferred taxes are measured at the tax rate that is expected to apply when the asset is realized or the liability is settled, based on tax laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets are reviewed at each reporting date and reduced to the extent that it is not probable that they will be utilized. Deductible carryforward losses and temporary differences for which deferred tax assets had not been recognized are reviewed at each reporting date and a respective deferred tax asset is recognized to the extent that their utilization is probable. The taxes that would apply in the event that the investments in subsidiaries were realized were not taken into account in the calculation of the deferred taxes, since the Company intends to hold and develop these investments. In addition, the deferred taxes on the distribution of earnings by subsidiaries as dividends were not taken into account, since the dividends are not taxable or since a decision has been made not to distribute taxable dividends in the foreseeable future. Deferred taxes are offset if there is a legally enforceable right to offset a current tax asset against a current tax liability and the deferred taxes relate to the same taxpayer and the same taxation authority. 3. Uncertain tax positions: Uncertain tax positions arise from tax treatments applied by the Company which may be challenged by the tax authorities due to the complexity of the transaction or different interpretation of the tax laws, a claim for rectification brought by the Company, an appeal for a refund claimed from the tax authorities related to additional assessments or a tax investigation by the tax authorities. The Company recognizes its uncertain tax positions in the consolidated financial statements in accordance with IAS 12 Income Taxes NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) n. 1. Financial assets: Financial assets are measured upon initial recognition at fair value plus transaction costs that are directly attributable to the acquisition of the financial assets, except for financial assets measured at fair value through profit or loss in respect of which transaction costs are recorded in profit or loss. The Company classifies and measures debt instruments in the financial statements based on the following criteria: ● The Company’s business model for managing financial assets; and ● The contractual cash flow terms of the financial asset. Debt instruments are measured at amortized cost when the Company’s business model is to hold the financial assets in order to collect their contractual cash flows, and the contractual terms of the financial assets give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. After initial recognition, the instruments in this category are measured according to their terms at amortized cost using the effective interest rate method, less any provision for impairment. On the date of initial recognition, the Company may irrevocably designate a debt instrument as measured at fair value through profit or loss if doing so eliminates or significantly reduces a measurement or recognition inconsistency, such as when a related financial liability is also measured at fair value through profit or loss. 2. Impairment of financial assets: The Company has short-term financial assets such as trade receivables in respect of which the Company applies the simplified approach in IFRS 9 and measures the loss allowance in an amount equal to the lifetime expected credit losses. 3. Derecognition of financial assets: A financial asset is derecognized only when: ● The contractual rights to the cash flows from the financial asset have expired; or ● The Company has transferred substantially all the risks and rewards deriving from the contractual rights to receive cash flows from the financial asset or has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset; or ● The Company has retained its contractual rights to receive cash flows from the financial asset but has assumed a contractual obligation to pay the cash flows in full without material delay to a third party. 4. Financial liabilities: a) Financial liabilities measured at amortized cost: Financial liabilities are initially recognized at fair value less transaction costs that are directly attributable to the issue of the financial liability. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) After initial recognition, the Company measures all financial liabilities at amortized cost using the effective interest rate method, except for: ● Financial liabilities measured at fair value through profit or loss; ● Financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition or when the continuing involvement approach applies; ● Contingent consideration recognized by an acquirer in a business combination to which IFRS 3 applies. b) Financial liabilities measured at fair value through profit or loss: At initial recognition, the Company designates a financial liability in respect of contingent consideration in a business combination as measured at fair value through profit or loss. At initial recognition, the Company measures these financial liabilities at fair value. Transaction costs are recognized in profit or loss. After initial recognition, changes in fair value are recognized in profit or loss. 5. Derecognition of financial liabilities: A financial liability is derecognized only when it is extinguished, that is when the obligation specified in the contract is discharged or canceled or expires. A financial liability is extinguished when the debtor discharges the liability by paying in cash, other financial assets, goods or services; or is legally released from the liability. 6. Extinguishing financial liabilities with equity instruments: Equity instruments issued to replace a debt are measured at the fair value of the equity instruments issued if their fair value can be reliably measured. If their fair value cannot be reliably measured, the equity instruments are measured based on the fair value of the financial liability extinguished on the date of extinguishment. The difference between the carrying amount of the financial liability extinguished and the fair value of the equity instruments issued is recognized in profit or loss. o. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurement is based on the assumption that the transaction will take place in the asset’s or the liability’s principal market, or in the absence of a principal market, in the most advantageous market. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. Fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) All assets and liabilities measured at fair value or for which fair value is disclosed are categorized into levels within the fair value hierarchy based on the lowest level input that is significant to the entire fair value measurement: Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - inputs other than quoted prices included within Level 1 that are observable directly or indirectly. Level 3 - inputs that are not based on observable market data (valuation techniques which use inputs that are not based on observable market data). p. A provision in accordance with IAS 37 is recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is expected to require the use of economic resources to settle the obligation and a reliable estimate can be made of it. As of December 31, 2022 and 2021 the Company did not recognize any provisions on its consolidated statements of financial position. q. Loss per share is calculated by dividing the loss attributable to the Company’s shareholders by the weighted number of Ordinary shares outstanding during the period. Potential Ordinary shares are only included in the computation of diluted loss per share when their conversion increases loss per share or decreases income per share. Potential Ordinary shares that are converted during the period are included in diluted loss per share only until the conversion date. r. From time to time, the Company grants to its employees and service providers remuneration in the form of equity-settled share-based instruments, mainly options to purchase Ordinary shares. In addition, the Company settled certain transactions, such as in an acquisition of a certain technology asset, by transferring Ordinary or Preferred shares. Equity-settled transactions: The cost of equity-settled transactions with employees is measured at the fair value of the equity instruments granted at grant date. The fair value is determined using an acceptable option pricing model. With respect to other service providers, the cost of the transactions is measured at the fair value of the goods or services received as consideration for equity instruments. In cases where the fair value of the goods or services received as consider

SIGNIFICANT EVENTS IN THE REPOR

SIGNIFICANT EVENTS IN THE REPORTING PERIOD	6 Months Ended
SIGNIFICANT EVENTS IN THE REPORTING PERIOD	Jun. 30, 2023
SIGNIFICANT EVENTS IN THE REPORTING PERIOD
SIGNIFICANT EVENTS IN THE REPORTING PERIOD	NOTE 3: — SIGNIFICANT EVENTS IN THE REPORTING PERIOD a. On January 25, 2023 the Company closed the Transactions contemplated by the BCA and related transactions (see Note 1d). b. At the end of January 2023, the Israeli subsidiary fully repaid a term loan borrowed in October 2022 from an Israeli bank. In February 2023, the Israeli subsidiary terminated a loan facility established with an Israeli bank in April 2022. The Israeli subsidiary did not make any borrowings under this loan facility. The pledges for the benefit of the bank in respect of this facility were removed.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
FAIR VALUE MEASUREMENT	Jun. 30, 2023
FAIR VALUE MEASUREMENT
FAIR VALUE MEASUREMENT	NOTE 4: — FAIR VALUE MEASUREMENT The carrying amounts of cash and cash equivalents, user funds, trade receivables, short-term bank deposits and investments, other receivables, other long-term assets, trade payables, user accounts and other payables approximate their fair values due to the short-term maturities of such instruments. The fair value of the contingent payments recorded as part of the acquisition of the Clearit business closed in February 2022, was estimated using a valuation method based mainly on certain management estimations of current and forecasted financial results of operations of the acquired business. NOTE 4: — FAIR VALUE MEASUREMENT (continued) The fair value of contingent payments recorded as part of the acquisition of 7LFreight closed in December 2021, was estimated using a valuation method based mainly on the current fair value and standard deviation of the Company’s Ordinary share, as well as on certain other management estimations of the probability of meeting certain performance indicators. The fair value of the Warrants liability was valued using the market price of the instrument, which is listed on the Nasdaq Capital Market under the symbol CRGOW. The following table presents the fair value measurement hierarchy for the Group’s financial instruments assets and liabilities carried at fair value: Fair value hierarchy (unaudited) As of June 30, 2023: Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instrument $ 25 $ — $ — $ 25 Liabilities measured at fair value: Other current liabilities - contingent payments for business combinations — — (521) (521) Other current liabilities - hedge instruments (74) — — (74) Other long-term liabilities - contingent payments for business combinations — — (433) (433) Warrants liability $ (3,522) $ — $ — $ (3,522) Fair value hierarchy (audited) As of December 31, 2022: Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instrument $ 12 $ — $ — $ 12 Liabilities measured at fair value: Other current liabilities - contingent payments for business combinations — — (729) (729) Other current liabilities - hedge instruments (66) — — (66) Other long-term liabilities - contingent payments for business combinations $ — $ — $ (1,377) $ (1,377) There were no transfers from Level 1 to Level 2 during the reporting periods. The changes in Level 3 in the period of six months ended June 30, 2023 were as follows: Accrued expenses and Other long- other payables term liabilities Total Fair value as of December 31, 2022 $ 729 $ 1,377 $ 2,106 Change in fair value (375) (528) (903) Payment (249) — (249) Classification of current maturity 416 (416) — $ 521 $ 433 $ 954

EQUITY

EQUITY	6 Months Ended	12 Months Ended
EQUITY	Jun. 30, 2023	Dec. 31, 2022
EQUITY
EQUITY	NOTE 5: — EQUITY a. Composition of share capital: Issued and Authorized outstanding June 30, 2023 Ordinary shares of $0.00001 per share 350,000,000 47,481,609 Preferred shares of $0.00001 per share 1,000,000 — Issued and Authorized () outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 () In January 2023 the authorized Ordinary share capital was increased to 350,000,000 . Authorized shares amounts were not adjusted retrospectively to reflect the effect of the Share Split (see Note 1d). All other Ordinary shares and Preferred shares amounts were adjusted retrospectively for all periods presented in these consolidated financial statements to reflect the Share Split. b. Movement in issued and outstanding share capital: Number of shares Balance as of January 1, 2023 36,138,588 Issuance of Ordinary shares 32,739 Issuance of Ordinary shares in connection with the closing of the BCA 11,287,156 Exercise of employees’ options into Ordinary shares 23,126 Balance as of June 30, 2023 47,481,609 NOTE 5: — EQUITY (continued) c. Issuance of Preferred and Ordinary shares: 1. In February 2022, as part of a business combination to acquire Clearit Freightos-HK issued 959,907 Ordinary shares (valued at $6,573 ). 2. In December 2021, Freightos launched the Digital Air Cargo Council (“DACC”) with three founding airline group members. In December 2022, the Company issued to each of two of the airline groups an additional amount of 118,735 Ordinary shares and to the third airline group an additional amount of 59,367 Ordinary shares. These additional Ordinary shares issued, valued at the time of issuance at $2,621, were recorded as an operating expense in profit and loss. Each of two of the airline groups is eligible to receive up to 261,216 additional Ordinary shares, and the third airline group is eligible to receive up to 320,584 additional Ordinary shares, over the next several years upon the airline meeting certain performance criteria related to the adoption and utilization of the Company’s digital booking tools. 3. In January 2023 the Company issued Ordinary shares and converted the Preferred shares to Ordinary shares as part of the Transactions - see Note 1d. 4. In March 2023 the Company issued 32,739 Ordinary shares valued at the time of issuance at $113 to the sellers of 7LFreight as a result of 7LFreight business achieving certain operating and financial milestones that were agreed to in the business combination. d. Rights attached to shares: The holders of Ordinary shares are entitled to receive dividends only when, as and if declared by the Board of Directors and are entitled to one vote per share at meetings of the Company. All Ordinary shares rank equally with regard to the Company’s residual assets. e. Capital management: Capital comprises share capital and reserves as stated in the statement of financial position. The Company’s objective when managing capital is to safeguard its ability to continue as a going concern, so that it can continue to provide returns for the shareholders.	NOTE 17: — EQUITY a. The Group Restructuring (see Note 1a) was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company (the number and class of the Company’s shares prior to January 25, 2023, were similar to the number and class of Freightos-HK’s shares). The share capital of Freightos-HK does not have a par value, and was retrospectively adjusted to reflect the Company’s share capital, which has a par value of $0.00001 per share for all classes of shares. b. Composition of share capital: Issued and Authorized () outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 () In January 2023 the authorized Ordinary share capital was increased to 350,000,000 . NOTE 17: — EQUITY (continued) Authorized shares amounts were not adjusted retrospectively to reflect the effect of the Share Split (see Note 1d). All other Ordinary shares and Preferred shares amounts were adjusted retrospectively for all periods presented in these consolidated financial statements to reflect the Share Split. Issued and outstanding December 31, 2021 Ordinary shares 6,946,638 Series Seed Preferred shares 2,455,606 Series A1 Preferred shares 4,623,734 Series A2 Preferred shares 932,227 Series B Preferred shares 8,276,043 Series C Preferred shares 11,372,541 34,606,789 c. Movement in issued and outstanding share capital: Number of shares Balance as of January 1, 2021 29,514,698 Issuance of Preferred shares (see Notes 17d.1 and 17d.3) 4,336,421 Issuance of Ordinary shares (see Notes 17d.2 and 17d.4) 644,932 Exercise of employees’ options into Ordinary shares 110,738 Balance as of December 31, 2021 34,606,789 Issuance of Ordinary shares (see Notes 17d.4 and 17d.5) 1,256,744 Exercise of employees’ options into Ordinary shares 275,055 Balance as of December 31, 2022 36,138,588 d. Issuance of Preferred and Ordinary shares: 1. In March 2021 Freightos-HK entered into an agreement for the issuance of 4,178,094 Series C Preferred shares in consideration of an aggregate amount of $26,389 . Direct expenses related to the issuance were $258 (net amount — $26,131 ). 2. In December 2021, as part of a business combination to acquire 7LFreight (see Note 5b) Freightos-HK issued 359,968 Ordinary shares (valued at $2,465 ). 3. In December 2021, as part of the acquisition of the interlining technology and other assets of a major airline group (see Note 11c) Freightos-HK issued 158,327 Series C Preferred shares to the seller at closing (valued at $1,368 ). NOTE 17: — EQUITY (continued) 4. In December 2021, Freightos launched the Digital Air Cargo Council (“DACC”) with three founding airline group members. Upon launch, Freightos-HK issued to each of the three airline groups 94,988 Ordinary shares. The Ordinary shares issued, valued at the time of issuance at $1,952 , were recorded as an operating expense in profit and loss. In December 2022, the Company issued to each of two of the airline groups an additional amount of 118,735 Ordinary shares and to the third airline group an additional amount of 59,367 Ordinary shares. These additional Ordinary shares issued, valued at the time of issuance at $ 2,621 , were recorded as an operating expense in profit and loss. Each of two of the airline groups is eligible to receive up to 261,216 additional Ordinary shares, and the third airline group is eligible to receive up to 320,584 additional Ordinary shares, over the next several years upon the airline meeting certain performance criteria related to the adoption and utilization of the Company’s digital booking tools. 5. In February 2022, as part of a business combination to acquire Clearit (see Note 5a) Freightos-HK issued 959,907 Ordinary shares (valued at $6,573 ). e. Rights attached to shares: 1. The holders of Ordinary shares are entitled to receive dividends only when, as and if declared by the Board of Directors and are entitled to one vote per share at meetings of the Company. All Ordinary shares rank equally with regard to the Company’s residual assets. 2. The holders of the “Series Seed”, “Series A-1”, “Series A-2”, “Series B” and “Series C” Preferred shares (together, the “Preferred shares”) were entitled to receive dividends prior to the holders of Ordinary shares but only when, as and if declared by the Board of Directors, at the rate of 6% per annum of the original issue price. On liquidation of the Company, the assets of the Company available for distribution would have been applied, in priority to any payment to the holders of Ordinary shares, on a pro-rata basis. The holder of Preferred shares had the right to one vote for each Ordinary share into which such Preferred shares could have been converted (with any fractional share determined on an aggregate conversion basis being rounded to the nearest whole share), and with respect to such vote, such holder has full voting rights and powers equal to the voting rights and powers of the holders of Ordinary shares. Certain matters were subject to the approval of holders of each of the classes of Preferred shares. 3. Conversion of Preferred shares into Ordinary shares: In connection with the Closing of the Transactions contemplated by the BCA, all outstanding Preferred shares were converted into Ordinary shares. When the Preferred shares were outstanding, a holder of Preferred shares could have converted Preferred shares into Ordinary shares at any time at a conversion ratio of one Ordinary share for each Preferred share, subject to customary adjustments, and the Preferred shares would have converted into Ordinary shares under certain circumstances. f. Capital management: Capital comprises share capital and reserves as stated in the statement of financial position. The Company’s objective when managing capital is to safeguard its ability to continue as a going concern, so that it can continue to provide returns for the shareholders.

SHARE-BASED PAYMENT

SHARE-BASED PAYMENT	6 Months Ended	12 Months Ended
SHARE-BASED PAYMENT	Jun. 30, 2023	Dec. 31, 2022
SHARE-BASED PAYMENT
SHARE-BASED PAYMENT	NOTE 6: — SHARE-BASED PAYMENT In May 2022 as part of the Group Restructuring, the Company established the Freightos 2022 Long-term Incentive Plan (the “2022 Plan”), which is intended to be a successor to the Company’s 2012 Global Incentive Option Scheme (the “2012 Plan”), such that no additional stock awards will be granted under the 2012 Plan. Any shares that otherwise remained available for future grants under the 2012 Plan ceased to be available under the 2012 Plan and will not be available for grants under the 2022 Plan. In addition, Freightos-HK assigned to the Company all rights, obligations and liabilities under the 2012 Plan and all options to purchase Freightos-HK Ordinary shares that were granted under the 2012 Plan, whether vested or unvested, have been converted into and became options to purchase an identical number of Ordinary shares of the Company under the 2022 Plan. As of June 30, 2023, the Company’s Board of Directors approved an aggregated amount of 9,833,034 share options for grant to employees and consultants of the Group. Out of this amount, an aggregated amount of 1,477,611 share options were exercised into the Company’s Ordinary shares through June 30, 2023. The unallocated pool as of June 30, 2023 and December 31, 2022 consisted of 2,910,017 and 1,208,170 share options, respectively. NOTE 6: — SHARE-BASED PAYMENT (continued) The fair value of share-based awards, granted in the periods of six months ended June 30, 2023 and 2022, was estimated using the Black & Scholes option-pricing model with the following assumptions: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted average expected term (years) 5.96 – 6.37 5.97 – 6.10 Interest rate 4.18% – 4.21 % 1.89% – 2.41 % Volatility 47.56% – 47.12 % 51.50% – 51.78 % Dividend yield — — The expected life of the share options is based on the midpoints between the available exercise dates (the end of the vesting periods) and the last available exercise date (the contracted expiry date), as adequate historical experience is still not available to provide a reasonable estimate. The share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss as follows: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Cost of revenue $ 159 $ 65 Research and development 295 130 Selling and marketing 261 237 General and administrative 413 300 $ 1,128 $ 732 The changes in outstanding share options were as follows: For the period of six months ended June 30, 2023 (unaudited) 2022 (unaudited) Weighted Weighted Number average Number average of options exercise price of options exercise price $ $ Options at beginning of the period 5,286,884 3.21 3,854,651 1.61 Granted 264,291 4.25 1,317,338 4.17 Exercised (23,126) 0.81 (113,178) 0.98 Forfeited (79,476) 2.64 (204,579) 1.78 Options outstanding at end of the period 5,448,573 3.27 4,854,232 2.31 Options exercisable at end of the period 3,112,899 1.97 2,366,149 1.14 NOTE 6: — SHARE-BASED PAYMENT (continued) Based on the above inputs, the weighted average fair value of the options granted in the periods of six months ended June 30, 2023 and 2022, was determined at $2.16 and $2.1 per option, respectively. The weighted average remaining contractual life for the share options outstanding as of June 30, 2023 was 6.83 years (as of December 31, 2022: 7.28 years). The range of exercise prices for share options outstanding as of June 30, 2023 was $0.00 — $8.44 (as of December 31, 2022 was $0.00 — $8.30).	NOTE 18: — SHARE-BASED COMPENSATION In May 2022 as part of the Group Restructuring, the Company established the Freightos 2022 Long-term Incentive Plan (the “2022 Plan”), which is intended to be a successor to the Company’s 2012 Global Incentive Option Scheme (the “2012 Plan”), such that no additional stock awards will be granted under the 2012 Plan. Any shares that otherwise remained available for future grants under the 2012 Plan ceased to be available under the 2012 Plan and will not be available for grants under the 2022 Plan. In addition, Freightos-HK assigned to the Company all rights, obligations and liabilities under the 2012 Plan and all options to purchase Freightos-HK Ordinary shares that were granted under the 2012 Plan, whether vested or unvested, have been converted into and became options to purchase an identical number of Ordinary shares of the Company under the 2022 Plan. As of December 31, 2022, the Company’s Board of Directors approved an aggregate amount of 8,026,159 share options for grant to employees and consultants of the Group. Out of this amount, an aggregate amount of 1,531,105 share options were exercised into the Company’s Ordinary shares through December 31, 2022. The unallocated pool as of December 31, 2022, December 31, 2021 and December 31, 2020 consisted of 1,208,170, 295,897 and 101,722 share options, respectively. The fair value of share-based awards, granted in 2022, 2021 and 2020, was estimated using the Black-Scholes option-pricing model with the following assumptions: Year ended December 31 2022 2021 2020 Weighted average expected term (years) 5.59-7.23 5.00-6.11 5.95-6.11 Interest rate 1.89%-4.25 % 0.64%-1.34 % 0.38%-1.71 % Volatility 51%-54 % 51%-52 % 45%-51 % Dividend yield — — — The expected life of the share options is based on the midpoints between the available exercise dates (the end of the vesting periods) and the last available exercise date (the contracted expiry date), as adequate historical experience is still not available to provide a reasonable estimate. The share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss as follows: Year ended December 31, 2022 2021 2020 Cost of revenue $ 290 $ 98 $ 95 Research and development 349 184 208 Selling and marketing 524 348 262 General and administrative 743 305 257 $ 1,906 $ 935 $ 822 NOTE 18: — SHARE-BASED COMPENSATION (continued) The changes in outstanding share options were as follows: Year ended December 31, 2022 2021 2020 Weighted Weighted Weighted Number average Number average Number average of options exercise price of options exercise price of options exercise price $ $ $ Options at beginning of year 3,854,974 1.61 3,456,165 1.07 3,332,160 0.92 Granted 2,092,904 5.76 786,636 3.75 1,158,058 1.32 Exercised (275,055) 0.77 (110,738) 0.91 (426,575) 0.44 Forfeited (385,939) 2.82 (277,089) 1.24 (607,478) 1.15 Options outstanding at end of year 5,286,884 3.21 3,854,974 1.61 3,456,165 1.07 Options exercisable at end of year 2,457,312 1.34 2,246,011 1.00 1,834,542 0.90 Based on the above inputs, the weighted average fair value of the options granted in the years ended December 31, 2022 and 2021, was determined at $3.05 and $1.93 per option, respectively. The weighted average remaining contractual life for the share options outstanding as of December 31, 2022 was 7.28 years (as of December 31, 2021: 6.88 years). The range of exercise prices for share options outstanding as of December 31, 2022 was $0.00 — $8.30 (as of December 31, 2021 was $0.00 — $4.17).

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	6 Months Ended	12 Months Ended
COMMITMENTS AND CONTINGENT LIABILITIES	Jun. 30, 2023	Dec. 31, 2022
COMMITMENTS AND CONTINGENT LIABILITIES
COMMITMENTS AND CONTINGENT LIABILITIES	NOTE 7: — COMMITMENTS AND CONTINGENT LIABILITIES As of June 30, 2023 the Company issued one bank guarantee to secure certain obligations it has in respect of a lease agreement of its offices in Jerusalem, for a total secured amount of $55. Certain long-term investments in the amount of $255 were pledged by the Israeli Subsidiary in favor of Israeli banks to secure certain activity with the bank, mainly the Group’s hedging activity	NOTE 19: — CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES As of December 31, 2022 the Group issued one bank guarantee to secure certain obligations it has in respect of a lease agreement of its offices in Jerusalem, for total secured amount of $56. A certain short-term investment in the amount of $200 and a certain long-term deposit in the amount of $55 were pledged by the Israeli Subsidiary in favor of Israeli banks to secure certain activity with the bank, mainly the Group’s hedging activity

OPERATING SEGMENTS

OPERATING SEGMENTS	6 Months Ended	12 Months Ended
OPERATING SEGMENTS	Jun. 30, 2023	Dec. 31, 2022
OPERATING SEGMENTS
OPERATING SEGMENTS	NOTE 8: — OPERATING SEGMENTS a. General: The operating segments are identified on the basis of information that is reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated and assess their performance. Accordingly, for management purposes, the Group is organized into two operating segments based on the products and services of the business units and has operating segments as follows: 1. Solutions segment . Freightos provides software tools and data to help the freight industry participants automate their pricing, sales, and procurement processes. Revenue includes recurring subscriptions for SaaS or data and certain non-recurring revenue from professional services that enable a user to implement and use the SaaS solution. 2. Platform segment . Freightos provides digitized price quoting, booking and payments while considering actual capacity among global freight participants (the users). The transactional platforms enable freight forwarding companies to procure capacity from carriers, and enable importers and exporters to procure services from freight forwarders, or occasionally, directly from carriers. Revenue is transactional type fees generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. Each segment’s performance is determined based on operating loss reported in the financial statements. The results of a segment reported to the CODM include items attributed directly to a segment, as well as other items, which are indirectly attributed using reasonable assumptions and exclude share-based compensation charges as they are not considered in the internal operating plans and measurement of the segment’s financial performance. NOTE 8: — OPERATING SEGMENTS (continued) b. The following table presents revenue and operating loss per segment: Solutions Platform Unallocated Total For the period of six months ended June 30, 2023 (unaudited) Subscriptions $ 6,179 $ — $ — $ 6,179 SaaS-related professional services 272 — — 272 Transactional Platforms fees — 3,465 — 3,465 Total revenue 6,451 3,465 — 9,916 Operating income (loss) $ 1,324 $ (5,936) $ (59,254) $ (63,866) For the period of six months ended June 30, 2022 (unaudited) Subscriptions $ 5,864 $ — $ — $ 5,864 SaaS-related professional services 615 — — 615 Transactional Platforms fees — 3,069 — 3,069 Total revenue 6,479 3,069 — 9,548 Operating income (loss) $ 871 $ (4,927) $ (5,993) $ (10,049) Unallocated includes corporate expenses and share-based compensation. For the periods of six months ended June 30, 2023 and 2022, no single Solutions customer or Platform user accounted for 10% or more of the Company’s consolidated income. c. The Company’s geographic information on revenue is as follows: Solutions Platform Total For the period of six months ended June 30, 2023 (unaudited) Europe $ 2,465 $ — $ 2,465 Hong Kong 236 1,541 1,777 United States 3,337 1,165 4,502 Other 413 759 1,172 $ 6,451 $ 3,465 $ 9,916 Solutions Platform Total For the period of six months ended June 30, 2022 (unaudited) Europe $ 2,524 $ — $ 2,524 Hong Kong 161 3,069 3,230 United States 3,459 — 3,459 Other 335 — 335 $ 6,479 $ 3,069 $ 9,548 The Company’s revenue from its Solutions segment is classified based on the location of the customers. The Company’s revenue from its Platform segment is classified to its business in Hong Kong except for revenue earned by Clearit or 7LFreight which is classified based on the location of the billing entity. This classification is independent of where the user resides or where the user is physically located while using the Company’s services. As of June 30, 2023, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada due to the purchase of digital customs brokerage business assets and in the US, Hong Kong, Israel, and Spain. As of December 31, 2022, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada and US due to acquisitions (see note 1) and also in Israel, Hong Kong and Spain.	NOTE 20: — OPERATING SEGMENTS a. General: The operating segments are identified on the basis of information that is reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated and assess its performance. Accordingly, for management purposes, the Group is organized into two operating segments based on the products and services of the business units and has operating segments as follows: 1. Solutions segment . Freightos provides software tools and data to help the industry participants automate their pricing, sales and procurement processes. Revenue includes recurring subscriptions for SaaS or data and certain non-recurring revenue from professional services that enable a user to implement and use the SaaS solution. NOTE 20: — OPERATING SEGMENTS (continued) 2. Platform segment . Freightos provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants (the users). The transactional platforms enable freight forwarding companies to procure capacity from carriers, and enable importers and exporters to procure services from freight forwarders, or occasionally, directly from carriers. Revenue is transactional type fees generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. In 2022, the Platform segment revenue includes also the transactional type revenue from digital customs brokerage services provided by Clearit (see Note 5). Each segment’s performance is determined based on operating loss reported in the financial statements. The results of a segment reported to the CODM include items attributed directly to a segment, as well as other items, which are indirectly attributed using reasonable assumptions and exclude share-based compensation charges as they are not considered in the internal operating plans and measurement of the segment’s financial performance. b. The following table presents revenue and operating loss per segments: Solutions Platform Unallocated Total For the year ended December 31, 2022 Subscriptions $ 11,674 $ — $ — $ 11,674 SaaS related professional services 754 — — 754 Transactional Platforms fees — 6,657 — 6,657 Total revenue 12,428 6,657 — 19,085 Operating profit (loss) $ 2,261 $ (10,250) $ (16,283) $ (24,272) Solutions Platform Unallocated Total For the year ended December 31, 2021 Subscriptions $ 7,259 $ — $ — $ 7,259 SaaS related professional services 574 — — 574 Transactional Platforms fees — 3,284 — 3,284 Total revenue 7,833 3,284 — 11,117 Operating loss $ (667) $ (10,231) $ (5,450) $ (16,348) Solutions Platform Unallocated Total For the year ended December 31, 2020 Subscriptions $ 5,900 $ — $ — $ 5,900 SaaS related professional services 521 — — 521 Transactional Platforms fees — 2,088 — 2,088 Total revenue 6,421 2,088 — 8,509 Operating loss $ (451) $ (8,784) $ (4,699) $ (13,934) Unallocated includes corporate expenses (including in 2022 transaction-related costs and costs associated with the Group Restructuring, see Note 1) and share-based compensation. For the years ended December 31, 2022, 2021 and 2020, no single Solutions customer or Platform user accounted for 10% or more of the Group’s consolidated income. NOTE 20: — OPERATING SEGMENTS (continued) c. The Group’s geographic information on revenue is as follows: Solutions Platform Total For the year ended December 31, 2022 Europe $ 4,618 $ — $ 4,618 Hong Kong 460 3,441 3,901 United States 6,449 1,939 8,388 Other 901 1,277 2,178 $ 12,428 $ 6,657 $ 19,085 Solutions Platform Total For the year ended December 31, 2021 Europe $ 4,322 $ — $ 4,322 Hong Kong 198 3,284 3,482 United States 2,725 — 2,725 Other 588 — 588 $ 7,833 $ 3,284 $ 11,117 Solutions Platform Total For the year ended December 31, 2020 Europe $ 3,724 $ — $ 3,724 Hong Kong 234 2,088 2,322 United States 1,952 — 1,952 Other 511 — 511 $ 6,421 $ 2,088 $ 8,509 The Group’s revenue from its Solutions segment is classified based on the location of the customers. The Group’s revenue from its Platform segment is classified to its business in Hong Kong, except for revenue earned by Clearit or 7LFreight which is classified based on the location of the billing entity. This classification is independent of where the user resides or where the user is physically located while using the Company’s services. As of December 31, 2022, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada and US due to acquisitions (see note 5) and also in Israel, Hong Kong and Spain. As of December 31, 2021 the carrying amounts of non-current assets are mainly in the US due to the acquisition of 7LFreight (see Note 5b) and also in Israel, Hong Kong, and Spain.

LOSS PER ORDINARY SHARE

LOSS PER ORDINARY SHARE	6 Months Ended	12 Months Ended
LOSS PER ORDINARY SHARE	Jun. 30, 2023	Dec. 31, 2022
LOSS PER ORDINARY SHARE
LOSS PER ORDINARY SHARE	NOTE 9: — LOSS PER ORDINARY SHARE Details of the number of shares and loss used in the computation of basic and diluted loss per share: Number of shares For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted number of Ordinary shares () 41,802,993 7,703,799 For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Loss $ 54,998 $ 10,222 Preferred shares dividend (see Note 5) 638 4,452 For the computation of basic and diluted loss per share $ 55,636 $ 14,674 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,448,573 options to employees and consultants outstanding as of June 30, 2023 under the share-based compensation plan ( 4,854,232 as of June 30, 2022). b. 1,195,671 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in business combinations and other transactions made by the Group in the current and previous periods. ( 1,600,499 as of June 30, 2022). c. 27,660,146 Preferred shares outstanding as of June 30, 2022 (see Notes 1d. and 5). d. 14,850,000 Warrants outstanding as of June 30, 2023.	NOTE 24: — LOSS PER ORDINARY SHARE Details of the number of shares and loss used in the computation of basic and diluted loss per share: Number of shares 2022 2021 2020 Weighted number of Ordinary shares () 7,930,928 6,242,946 5,945,888 Year ended December 31, 2022 2021 2020 Loss $ 24,701 $ 16,358 $ 14,172 Preferred shares dividend (see Note 17e.2) 9,038 8,211 6,498 For the computation of basic and diluted loss per share $ 33,739 $ 24,569 $ 20,670 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,286,884 options to employees and consultants outstanding as of December 31, 2022 under the share-based compensation plan ( 3,854,974 and 3,456,165 as of December 31, 2021 and 2020, respectively). b. 1,228,410 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in a business combination (see Note 5b), as part of the acquisition of a technology asset (see Note 11c) and as part of the launch of the DACC (see Note 17d.4) ( 1,600,499 and nil as of December 31, 2021 and 2020, respectively). c. 27,660,151 Preferred shares outstanding as of December 31, 2022 ( 27,660,151 and 23,323,730 as of December 31, 2021 and 2020, respectively) (see Note 17).

RELATED PARTIES

RELATED PARTIES	6 Months Ended	12 Months Ended
RELATED PARTIES	Jun. 30, 2023	Dec. 31, 2022
RELATED PARTIES
RELATED PARTIES	NOTE 10: — RELATED PARTIES a. For the six months ended June 30, 2023, related parties consisted of 9 directors (including the CEO, who is also a key officer and shareholder) who served on the Company’s Board of Directors during the period and 6 other individuals who served as key officers during the period. For the six months ended June 30, 2022, related parties consisted of 7 directors (including the CEO, who was also a key officer and shareholder) who served on either the Company’s or Freightos-HK’s respective Board of Directors during the period and 6 other individuals who served as key officers during the period. NOTE 10: — RELATED PARTIES (continued) b. Related party transactions: The Company entered into a number of commercial agreements with a subsidiary of one of its investors in connection with a number of ocean cargo indexes. The investor’s subsidiary serves as a benchmark administrator for the indexes and the Company serves as the calculating agent of these indexes. In addition, the parties share the revenue from licensing certain data used in calculating the indexes. The total expense accrued by the Company during the six month periods ended June 30, 2023 and 2022 was $95 and $62, respectively. The expense was included under sales and marketing in the consolidated statements of profit or loss. Outstanding balance as of June 30, 2023 was $1 and was included under accrued expenses and other payables. As of December 31, 2022 an outstanding prepaid balance of $31 was included under other receivables and prepaid expenses. Certain of the Company’s investors also conduct business on the Company’s transactional platforms through other of the investors’ respective group members. Fees charged for these users are no more favorable than terms generally available to third parties under the same or similar circumstances. c. Benefits to directors: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Compensation to directors not employed by the Company or on its behalf $ 64 $ — Number of directors entitled to receive the above compensation by the Company 3 — d. Compensation of key management personnel of the Group recognized as an expense during the reporting period: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Short-term employee benefits $ 1,103 $ 951 Share-based payments 420 360 Post-employment benefits — 9 $ 1,523 $ 1,320 Number of key officers 7 7	NOTE 25: — RELATED PARTIES a. Related parties consist of 9 directors (including the CEO, who is also a shareholder) serving on the Company’s Board of Directors and 7 key officers. b. Related party transactions: The Group entered into a number of commercial agreements with a subsidiary of one of its investors in connection with a number of ocean cargo indexes. The investor’s subsidiary serves as a benchmark administrator for the indexes and the Company serves as the calculating agent of these indexes. In addition, the parties share the revenue from the sale of certain data used in calculating the indexes. The total expense incurred by the Company during the years ended December 31, 2022, 2021 and 2020 was $147, $53 and $4, respectively. The expense was included under sales and marketing in the consolidated statements of profit or loss. As of December 31, 2022 an outstanding prepaid balance of $31 was included under other receivables and prepaid expenses. As of December 31, 2021 an outstanding balance of $55 was included under accrued expenses and other payables. Certain of the Group’s investors also conduct business on the Group’s transactional platforms through other of the investors’ respective group members. Fees charged for these users are no more favorable than terms available to a third party under the same or similar circumstances. NOTE 25: — RELATED PARTIES (continued) c. Benefits to directors: Year ended December 31, 2022 2021 2020 Compensation to directors not employed by the Company or on its behalf $ 60 $ — $ — Number of directors that received the above compensation by the Company 2 — — d. Compensation of key management personnel of the Group recognized as an expense during the reporting period: Year ended December 31, 2022 2021 2020 Short-term employee benefits $ 1,872 $ 1,736 $ 1,211 Share-based payments 758 275 218 Post-employment benefits 22 29 20 $ 2,652 $ 2,040 $ 1,449 Number of key officers 7 7 6

EVENTS AFTER THE REPORTING DATE

EVENTS AFTER THE REPORTING DATE	6 Months Ended	12 Months Ended
EVENTS AFTER THE REPORTING DATE	Jun. 30, 2023	Dec. 31, 2022
EVENTS AFTER THE REPORTING DATE
EVENTS AFTER THE REPORTING DATE	NOTE 11: — EVENTS AFTER THE REPORTING DATE a. In July 2023 the Company announced and implemented an operational efficiency and cost reduction restructuring plan. These cost-savings initiatives and efficiencies included reducing headcount by approximately 50 employees, or about 13% of the team. This cost reduction plan is intended to manage the Company’s operating expense in response to market conditions and ongoing business prioritization efforts. b. During August 2023 the Company issued 59,368 Ordinary shares to an airline as part of the DACC (see Note 5c).	NOTE 26: — EVENTS AFTER THE REPORTING DATE a. On January 25, 2023 the Company closed the Transactions contemplated by the BCA (see Note 1d). b. At the end of January 2023, the Israeli subsidiary fully repaid a term loan borrowed in October 2022 from an Israeli bank (see Note 14). In February 2023, the Israeli subsidiary terminated a loan facility established with an Israeli bank in April 2022 (see Note 14). The pledges for the benefit of the bank in respect of this facility are in process of removal.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2023	Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES
Basis of presentation of the financial statements:	a. Basis of presentation of the financial statements: The interim consolidated financial statements have been prepared using accounting policies consistent with IFRS and in accordance with International Accounting Standard (“IAS”) 34 - “Interim Financial Reporting”. The unaudited Company’s interim consolidated financial statements as of June 30, 2023 and for the six months then ended (“interim financial statements”) should be read in conjunction with the audited consolidated financial statements of the Company as of December 31, 2022 and for the year then ended which have been prepared in accordance with IFRS.	a. Basis of presentation of the financial statements: These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The Company’s financial statements have been prepared on a cost basis, except for certain financial instruments presented at fair value through profit or loss and certain employee benefit liabilities, net. The Company has elected to present the profit or loss items using the function of expense method.
Significant accounting policies	b. Significant accounting policies: The significant accounting policies, presentation and methods of computation adopted in the preparation of these interim financial statements are consistent with those followed in the preparation of the Company’s consolidated audited financial statements for the year ended December 31, 2022, except as set forth below.
Warrants	c. Warrants The Company issued public warrants (the “Warrants”) as part of the closing of the BCA. Each Warrant entitles the holder to purchase one Ordinary share of the Company at an exercise price of $11.50 per share (“Warrant Price”). A Warrant may be exercised during the period commencing on the date that is thirty ( 30 ) days after the consummation of the BCA and terminating on the date that is five ( 5 ) years after the date on which the Company consummated the BCA (the “Exercise Period”). Not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period at the price of $0.01 per Warrant (“Redemption Price”), provided that the closing price of the Company’s Ordinary share equals or exceeds $18.00 per share, on each of twenty (20) trading days within any thirty (30) trading day period, subject to the terms of the Warrant agreement. In the event of such a redemption, the Company’s management may elect to force all holders of Warrants to exercise such Warrants on a “cashless basis” by surrendering the Warrants for that number of Ordinary shares equal to the quotient obtained by dividing (x) the product of the number of Ordinary shares underlying the Warrants, multiplied by the difference between the Warrant Price and the Fair Market Value (as defined in the Warrant agreement) by (y) the Fair Market Value. According to IAS 32, derivatives which will be settled only by the issuer exchanging fixed amounts of cash to fixed numbers of the Company’s Ordinary shares will be classified as equity. Otherwise, the instrument should be classified as a financial liability. Therefore, the Group has classified all Warrants as a financial liability. The Warrant instrument is initially recognized at fair value, and subsequently measured at fair value changes in fair value are recognized in profit or loss.

GENERAL (Tables)

GENERAL (Tables)	6 Months Ended
GENERAL (Tables)	Jun. 30, 2023
GENERAL
Schedule of excess fair value of shares issued over fair value of identifiable net assets acquired	Number of Amount Shares Shares issued to Gesher shareholders 4,287,156 Opening price of the Company’s share on Nasdaq as of January 25, 2023 ($) 10.23 (A) Fair value of the Company’s shares issued to Gesher shareholders 43,858 Warrants issued to Gesher shareholders 12,250,000 Opening price of the Company’s warrants on Nasdaq as of January 25, 2023 ($) 0.74 (B) Fair value of the Company’s warrants issued to Gesher shareholders 9,012 Gesher’s cash in trust 8,127 Gesher’s liabilities (1,974) (C) Net assets of Gesher 6,153 IFRS 2 Listing expenses (A+B-C) 46,717

GENERAL (Details)

GENERAL (Details) $ / shares in Units, $ in Thousands		6 Months Ended		12 Months Ended
GENERAL (Details) $ / shares in Units, $ in Thousands	Jan. 25, 2023 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) item segment $ / shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) segment item $ / shares	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
GENERAL
Par value per share \| $ / shares		$ 0.00001		$ 0.00001
Minimum number of importers/exporters \| item		10,000		10,000
Number of segments \| segment		2		2
Reorganization						$ 891
Accumulated deficit		$ (173,704)		$ (118,706)	$ (94,005)
Loss		(54,998)	$ (10,222)	(24,701)	(16,358)	(14,172)
Cash flow from operating activities		(18,809)	$ (7,003)	$ (14,908)	$ (17,324)	$ (8,274)
Share listing expense	$ 46,717	$ 46,717
Ordinary shares
GENERAL
Par value per share \| $ / shares		$ 0.00001		$ 0.00001
Preferred stock conversion shares \| shares	1
Backstop Investor
GENERAL
Purchase price of issued units	$ 10,000
Exchange for ordinary shares \| shares	1,000,000
Number of warrants issued \| shares	100,000
Forward purchase agreement
GENERAL
Units issued \| shares	4,000,000
Number of shares per unit \| shares	1
Number of warrants per unit \| shares	0.5
Purchase price of issued units	$ 40,000
Capital raise from related party tranasaction				$ 82,439
Forward purchase agreement \| Ordinary shares
GENERAL
Common stock conversion share split ratio. \| $ / shares	$ 3.51806
Common stock converted into option to purchase price \| $ / shares	3.51806
Conversion of common stock exercise price \| $ / shares	$ 3.51806
Backstop agreement \| Ordinary shares
GENERAL
Purchase price of issued units	$ 10,000
Exchange for ordinary shares \| shares	1,000,000
Backstop agreement \| Backstop Investor
GENERAL
Number of warrants issued \| shares	500,000
PIPE Agreement
GENERAL
Units issued \| shares	1,000,000
Purchase price of issued units	$ 10,000

GENERAL - Identifiable net asse

GENERAL - Identifiable net assets of Gesher (Details)		6 Months Ended
GENERAL - Identifiable net assets of Gesher (Details)	Jan. 25, 2023 USD ($) $ / shares	Jun. 30, 2023 USD ($) Options	Dec. 31, 2022 Options	Jun. 30, 2022 Options	Dec. 31, 2021 Options	Dec. 31, 2020 Options
Disclosure of detailed information about biological assets [line items]
Shares issued to Gesher shareholders \| Options		1,195,671	1,228,410	1,600,499	1,600,499	0
IFRS 2 Listing expenses (A+B-C)	$ 46,717,000	$ 46,717,000
Gesher
Disclosure of detailed information about biological assets [line items]
Shares issued to Gesher shareholders	4,287,156
Opening price of the Company's share on Nasdaq as of January 25, 2023 ($) \| $ / shares	$ 10.23
(A) Fair value of the Company's shares issued to Gesher shareholders	$ 43,858,000
Opening price of the Company's warrants on Nasdaq as of January 25, 2023 ($) \| $ / shares	$ 0.74
(B) Fair value of the Company's warrants issued to Gesher shareholders	$ 9,012,000
Gesher's cash in trust	8,127,000
Gesher's liabilities	(1,974,000)
(C) Net assets of Gesher	6,153,000
IFRS 2 Listing expenses (A+B-C)	$ 46,717,000
Gesher \| Warrants
Disclosure of detailed information about biological assets [line items]
Shares issued to Gesher shareholders	12,250,000

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES - Warrants (Details)	6 Months Ended
SIGNIFICANT ACCOUNTING POLICIES - Warrants (Details)	Jun. 30, 2023 D $ / shares shares
SIGNIFICANT ACCOUNTING POLICIES
Number of shares per warrant \| shares	1
Warrant price	$ 11.50
Threshold number of days for exercising warrants \| D	30
Exercise period of warrants	5 years
Redemption price	$ 0.01
Stock price trigger for redemption of warrants	$ 18
Threshold trading days for redemption of warrants \| D	20

FAIR VALUE MEASUREMENT - Fair v

FAIR VALUE MEASUREMENT - Fair value measurement hierarchy for financial instruments assets and liabilities carried at fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Other current liabilities - contingent payment for a business combination
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	$ (521)	$ (729)	$ (688)
Other current liabilities - contingent payment for a business combination \| Level 3
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(521)	(729)	(688)
Other Current Payables, Hedge Instruments [Member]
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(74)	(66)	(10)
Other Current Payables, Hedge Instruments [Member] \| Level 1
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(74)	(66)	(10)
Other long-term liabilities - contingent payment for a business combination
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(433)	(1,377)	(687)
Other long-term liabilities - contingent payment for a business combination \| Level 3
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(433)	(1,377)	(687)
Warrants
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(3,522)
Warrants \| Level 1
FAIR VALUE MEASUREMENT
Liabilities measured at fair value	(3,522)
Other current receivables - hedge instruments
FAIR VALUE MEASUREMENT
Assets measured at fair value	25	12	19
Other current receivables - hedge instruments \| Level 1
FAIR VALUE MEASUREMENT
Assets measured at fair value	$ 25	$ 12	$ 19

FAIR VALUE MEASUREMENT - change

FAIR VALUE MEASUREMENT - changes in level 3 (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
FAIR VALUE MEASUREMENT
Business combination		$ (1,037)
Level 3
FAIR VALUE MEASUREMENT
Fair value as beginning balance	$ 2,106	1,375
Payment	(249)
Business combination		1,768
Change in fair value	(903)	(1,037)
Fair value as ending balance	954	2,106
Level 3 \| Accrued expenses and other payables
FAIR VALUE MEASUREMENT
Fair value as beginning balance	729	688
Payment	(249)
Change in fair value	(375)	(263)
Classification of current maturity	(416)	304
Fair value as ending balance	521	729
Level 3 \| Other long- term liabilities
FAIR VALUE MEASUREMENT
Fair value as beginning balance	1,377	687
Business combination		1,768
Change in fair value	(528)	(774)
Classification of current maturity	416	(304)
Fair value as ending balance	$ 433	$ 1,377

EQUITY - Composition of share c

EQUITY - Composition of share capital (Details) - $ / shares	Jun. 30, 2023	Jan. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
EQUITY
Number of share outsatanding	47,481,609		36,138,588		34,606,789	29,514,698
Number of share authorized		350,000,000	26,094,980
Par value per share	$ 0.00001		$ 0.00001
Preferred shares
EQUITY
Number of share outsatanding			27,660,151	27,660,146	27,660,151	23,323,730
Number of share authorized	1,000,000
Par value per share	$ 0.00001
Series Seed Preferred shares
EQUITY
Number of share outsatanding			2,455,606		2,455,606
Number of share authorized			698,000
Par value per share			$ 0.00001
Series A1 Preferred shares
EQUITY
Number of share outsatanding			4,623,734		4,623,734
Number of share authorized			1,314,285
Par value per share			$ 0.00001
Series A2 Preferred shares
EQUITY
Number of share outsatanding			932,227		932,227
Number of share authorized			264,983
Par value per share			$ 0.00001
Series B Preferred shares
EQUITY
Number of share outsatanding			8,276,043		8,276,043
Number of share authorized			2,352,445
Par value per share			$ 0.00001
Series C Preferred shares
EQUITY
Number of share outsatanding			11,372,541		11,372,541
Number of share authorized			5,232,616
Par value per share			$ 0.00001
Ordinary shares
EQUITY
Number of share outsatanding	47,481,609		8,478,437		6,946,638
Number of share authorized	350,000,000		16,232,651
Par value per share	$ 0.00001		$ 0.00001

EQUITY - Movement in issued and

EQUITY - Movement in issued and outstanding share capital (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2023 Options shares	Jun. 30, 2022 Options shares	Dec. 31, 2022 Options shares	Dec. 31, 2021 Options shares	Dec. 31, 2020 Options shares
EQUITY
Number of shares, beginning balance	36,138,588	34,606,789	34,606,789	29,514,698
Issuance of Ordinary shares	32,739
Issuance of Ordinary shares in connection with the closing of the BCA	11,287,156		1,256,744	644,932
Exercise of employees' options into Ordinary shares \| Options	23,126	113,178	275,055	110,738	426,575
Number of shares, ending balance	47,481,609		36,138,588	34,606,789	29,514,698

EQUITY - Additional information

EQUITY - Additional information (Details)	1 Months Ended				6 Months Ended		12 Months Ended
EQUITY - Additional information (Details)	Dec. 31, 2022 USD ($) Options $ / shares shares		Dec. 31, 2021 USD ($) Options shares	Mar. 31, 2021 USD ($) shares	Jun. 30, 2023 USD ($) Options Vote $ / shares shares		Dec. 31, 2022 USD ($) Options Vote $ / shares shares		Dec. 31, 2021 USD ($) Options shares	Mar. 31, 2023 USD ($) shares	Jun. 30, 2022 Options	Feb. 28, 2022 USD ($) Options	Dec. 31, 2020 Options
EQUITY
Par value per share \| $ / shares	$ 0.00001				$ 0.00001		$ 0.00001
Agreement for issuance of Preferred shares (in shares) \| shares									4,336,421
Number of shares issued for acquisition \| Options	1,228,410		1,600,499		1,195,671		1,228,410		1,600,499		1,600,499		0
Share capital	$ 0	[1]	$ 0		$ 0	[1]	$ 0	[1]	$ 0
Number of votes per Ordinary share \| Vote					1		1
Preferred Shares, number of votes per Ordinary share into which such Preferred Shares could then be converted \| Vote							1
Three founding airline group members
EQUITY
Number of shares issued \| shares			94,988						94,988
Share capital	$ 2,621,000		$ 1,952,000				$ 2,621,000		$ 1,952,000
Two Founding Airline Group Members
EQUITY
Number of additional shares eligible to receive \| shares	118,735		118,735		261,216		261,216
Third Founding Airline Group Members
EQUITY
Number of shares issued \| shares	59,367						59,367
Number of additional shares eligible to receive \| shares					320,584		320,584
7LFreight
EQUITY
Number of shares issued \| shares										32,739
Share capital										$ 113,000
Acquisition of interlining technology and other assets of major airline group
EQUITY
Number of shares issued for acquisition			158,327						158,327
Value of Preferred shares issued	$ 1,368,000		$ 1,368,000				$ 1,368,000		$ 1,368,000
Preferred shares
EQUITY
Par value per share \| $ / shares					$ 0.00001
Number of votes per Ordinary share \| Vote							1
Dividend rate (in percentage)							6%
Series C Preferred shares
EQUITY
Par value per share \| $ / shares	$ 0.00001						$ 0.00001
Agreement for issuance of Preferred shares (in shares) \| shares				4,178,094
Preferred shares, consideration amount				$ 26,389,000
Direct expenses related to issuance				258,000
Direct expenses related to issuance, net				$ 26,131,000
Series C Preferred shares \| Acquisition of interlining technology and other assets of major airline group
EQUITY
Number of shares issued for acquisition \| Options			158,327						158,327
Ordinary shares
EQUITY
Par value per share \| $ / shares	$ 0.00001				$ 0.00001		$ 0.00001
Number of shares issued for acquisition			143,988						143,988
Ordinary shares \| 7LFreight
EQUITY
Number of shares issued for acquisition \| Options			359,968						359,968
Value of Preferred shares issued			$ 2,465,000						$ 2,465,000
Ordinary shares \| Clearit Customs Services, Inc
EQUITY
Number of shares issued for acquisition												959,907
Value of Preferred shares issued												$ 6,573,000

[1] Represents an amount lower than $1.

SHARE-BASED PAYMENT - General (

SHARE-BASED PAYMENT - General (Details)	6 Months Ended	12 Months Ended
SHARE-BASED PAYMENT - General (Details)	Jun. 30, 2023 instrument shares	Dec. 31, 2022 instrument shares	Dec. 31, 2021 shares	Dec. 31, 2020 shares
SHARE-BASED PAYMENT
Number of share options approved for grant	9,833,034	8,026,159
Number of shares exercised \| instrument	1,477,611	1,531,105
Unallocated pool	2,910,017	1,208,170	295,897	101,722

SHARE-BASED PAYMENT - Assumptio

SHARE-BASED PAYMENT - Assumptions (Details) - Y	6 Months Ended		12 Months Ended
SHARE-BASED PAYMENT - Assumptions (Details) - Y	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Minimum
SHARE-BASED COMPENSATION
Weighted average expected term (years)	5.96	5.97	5.59	5	5.95
Interest rate	4.18%	1.89%	1.89%	0.64%	0.38%
Volatility	47.12%	51.50%	51%	51%	45%
Maximum
SHARE-BASED COMPENSATION
Weighted average expected term (years)	6.37	6.10	7.23	6.11	6.11
Interest rate	4.21%	2.41%	4.25%	1.34%	1.71%
Volatility	47.56%	51.78%	54%	52%	51%

SHARE-BASED PAYMENT - Share-bas

SHARE-BASED PAYMENT - Share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SHARE-BASED PAYMENT
Cost of revenue	$ 159	$ 65	$ 290	$ 98	$ 95
Research and development	295	130	349	184	208
Selling and marketing	261	237	524	348	262
General and administrative	413	300	743	305	257
Total	$ 1,128	$ 732	$ 1,906	$ 935	$ 822

SHARE-BASED PAYMENT - Changes i

SHARE-BASED PAYMENT - Changes in outstanding share options (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2023 Options $ / shares	Jun. 30, 2022 Options $ / shares	Dec. 31, 2022 Options $ / shares	Dec. 31, 2021 Options $ / shares	Dec. 31, 2020 Options $ / shares
Number of options
Options at beginning of year \| Options	5,286,884	3,854,651	3,854,651	3,456,165	3,332,160
Granted \| Options	264,291	1,317,338	2,092,904	786,636	1,158,058
Exercised \| Options	(23,126)	(113,178)	(275,055)	(110,738)	(426,575)
Forfeited \| Options	(79,476)	(204,579)	(385,939)	(277,089)	(607,478)
Options outstanding at end of year \| Options	5,448,573	4,854,232	5,286,884	3,854,651	3,456,165
Options exercisable at end of year \| Options	3,112,899	2,366,149	2,457,312	2,246,011	1,834,542
Weighted average exercise price
Options at beginning of year \| $ / shares	$ 3.21	$ 1.61	$ 1.61	$ 1.07	$ 0.92
Granted \| $ / shares	4.25	4.17	5.76	3.75	1.32
Exercised \| $ / shares	0.81	0.98	0.77	0.91	0.44
Forfeited \| $ / shares	2.64	1.78	2.82	1.24	1.15
Options outstanding at end of year \| $ / shares	3.27	2.31	3.21	1.61	1.07
Options exercisable at end of year \| $ / shares	$ 1.97	$ 1.14	$ 1.34	$ 1	$ 0.90

SHARE-BASED PAYMENT - Additiona

SHARE-BASED PAYMENT - Additional information (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
SHARE-BASED COMPENSATION
Weighted average fair value of the per option granted	$ 2.16	$ 3.05	$ 1.93	$ 2.1
Weighted average remaining contractual life for the share options outstanding (in years)	6 years 9 months 29 days	7 years 3 months 10 days	6 years 10 months 17 days
Minimum
SHARE-BASED COMPENSATION
Exercise prices for share options outstanding	$ 0	$ 0	$ 0
Maximum
SHARE-BASED COMPENSATION
Exercise prices for share options outstanding	$ 8.44	$ 8.30	$ 4.17

COMMITMENTS AND CONTINGENT LI_2

COMMITMENTS AND CONTINGENT LIABILITIES (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
COMMITMENTS AND CONTINGENT LIABILITIES
Number of bank guarantees issued \| item	1	1
Secured amount of bank guarantee	$ 55	$ 56
Long-term investment pledged by israeli subsidiary	$ 255	$ 55

OPERATING SEGMENTS - General (D

OPERATING SEGMENTS - General (Details) - segment	6 Months Ended	12 Months Ended
OPERATING SEGMENTS - General (Details) - segment	Jun. 30, 2023	Dec. 31, 2022
OPERATING SEGMENTS
Number of operating segments	2	2

OPERATING SEGMENTS - Revenue an

OPERATING SEGMENTS - Revenue and operating loss per segments (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING SEGMENTS
Total revenue	$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Operating income (loss)	(63,866)	(10,049)	(24,272)	(16,348)	(13,934)
Subscriptions
OPERATING SEGMENTS
Total revenue	6,179	5,864	11,674	7,259	5,900
SaaS related professional services
OPERATING SEGMENTS
Total revenue	272	615	754	574	521
Transactional Platforms fees
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Solutions
OPERATING SEGMENTS
Total revenue	6,451	6,479	12,428	7,833	6,421
Operating income (loss)	1,324	871	2,261	(667)	(451)
Solutions \| Subscriptions
OPERATING SEGMENTS
Total revenue	6,179	5,864	11,674	7,259	5,900
Solutions \| SaaS related professional services
OPERATING SEGMENTS
Total revenue	272	615	754	574	521
Platform
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Operating income (loss)	(5,936)	(4,927)	(10,250)	(10,231)	(8,784)
Platform \| Transactional Platforms fees
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Operating segments
OPERATING SEGMENTS
Total revenue	9,916	9,548		11,117	8,509
Operating segments \| Solutions
OPERATING SEGMENTS
Total revenue	6,451	6,479	12,428	7,833	6,421
Operating segments \| Platform
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Unallocated
OPERATING SEGMENTS
Operating income (loss)	$ (59,254)	$ (5,993)	$ (16,283)	$ (5,450)	$ (4,699)

OPERATING SEGMENTS - Geographic

OPERATING SEGMENTS - Geographic information on revenue (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING SEGMENTS
Revenue	$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Europe
OPERATING SEGMENTS
Revenue			4,618
Hong Kong
OPERATING SEGMENTS
Revenue			3,901
United States
OPERATING SEGMENTS
Revenue			8,388
Other
OPERATING SEGMENTS
Revenue			2,178
Solutions
OPERATING SEGMENTS
Revenue	6,451	6,479	12,428	7,833	6,421
Platform
OPERATING SEGMENTS
Revenue	3,465	3,069	6,657	3,284	2,088
Operating segments
OPERATING SEGMENTS
Revenue	9,916	9,548		11,117	8,509
Operating segments \| Europe
OPERATING SEGMENTS
Revenue	2,465	2,524		4,322	3,724
Operating segments \| Hong Kong
OPERATING SEGMENTS
Revenue	1,777	3,230		3,482	2,322
Operating segments \| United States
OPERATING SEGMENTS
Revenue	4,502	3,459		2,725	1,952
Operating segments \| Other
OPERATING SEGMENTS
Revenue	1,172	335		588	511
Operating segments \| Solutions
OPERATING SEGMENTS
Revenue	6,451	6,479	12,428	7,833	6,421
Operating segments \| Solutions \| Europe
OPERATING SEGMENTS
Revenue	2,465	2,524	4,618	4,322	3,724
Operating segments \| Solutions \| Hong Kong
OPERATING SEGMENTS
Revenue	236	161	460	198	234
Operating segments \| Solutions \| United States
OPERATING SEGMENTS
Revenue	3,337	3,459	6,449	2,725	1,952
Operating segments \| Solutions \| Other
OPERATING SEGMENTS
Revenue	413	335	901	588	511
Operating segments \| Platform
OPERATING SEGMENTS
Revenue	3,465	3,069	6,657	3,284	2,088
Operating segments \| Platform \| Hong Kong
OPERATING SEGMENTS
Revenue	1,541	$ 3,069	3,441	$ 3,284	$ 2,088
Operating segments \| Platform \| United States
OPERATING SEGMENTS
Revenue	1,165		1,939
Operating segments \| Platform \| Other
OPERATING SEGMENTS
Revenue	$ 759		$ 1,277

LOSS PER ORDINARY SHARE (Detail

LOSS PER ORDINARY SHARE (Details) $ in Thousands	6 Months Ended		12 Months Ended
LOSS PER ORDINARY SHARE (Details) $ in Thousands	Jun. 30, 2023 USD ($) Options shares	Jun. 30, 2022 USD ($) Options shares	Dec. 31, 2022 USD ($) Options shares	Dec. 31, 2021 USD ($) Options shares	Dec. 31, 2020 USD ($) Options shares	Dec. 31, 2019 Options
LOSS PER ORDINARY SHARE
Weighted number of Ordinary shares	41,802,993	7,703,799	7,930,928	6,242,946	5,945,888
Loss \| $	$ 54,998	$ 10,222	$ 24,701	$ 16,358	$ 14,172
Preferred shares dividend \| $	638	4,452	9,038	8,211	6,498
For the computation of basic and diluted loss per share \| $	$ 55,636	$ 14,674	$ (33,739)	$ (24,569)	$ (20,670)
Number of options to employees and consultants outstanding under the share-based compensation plan \| Options	5,448,573	4,854,232	5,286,884	3,854,651	3,456,165	3,332,160
Number of shares issued for acquisition \| Options	1,195,671	1,600,499	1,228,410	1,600,499	0
Number of share outsatanding	47,481,609		36,138,588	34,606,789	29,514,698
Preferred shares
LOSS PER ORDINARY SHARE
Number of share outsatanding		27,660,146	27,660,151	27,660,151	23,323,730
Warrants
LOSS PER ORDINARY SHARE
Number of share outsatanding	14,850,000

RELATED PARTIES (Details)

RELATED PARTIES (Details) $ in Thousands	6 Months Ended		12 Months Ended
RELATED PARTIES (Details) $ in Thousands	Jun. 30, 2023 USD ($) director item	Jun. 30, 2022 USD ($) director item	Dec. 31, 2022 USD ($) item director	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
RELATED PARTIES
Number of directors \| director	9	7	9
Number of key officers \| item	6	6	7
Expense included under sales and marketing in the consolidated statements of profit or loss	$ 95	$ 62	$ 147	$ 53	$ 4
Outstanding balance included under accrued expenses and other payables	$ 1			$ 55
Outstanding prepaid balance included under other receivables and prepaid expenses			$ 31

RELATED PARTIES - Benefits to d

RELATED PARTIES - Benefits to directors (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($) director	Dec. 31, 2022 USD ($) director
RELATED PARTIES
Compensation to directors not employed by the Company or on its behalf \| $	$ 64	$ 60
Number of directors that received the above compensation by the Company \| director	3	2

RELATED PARTIES - Compensation

RELATED PARTIES - Compensation of key management personnel (Details) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023 USD ($) item	Jun. 30, 2022 USD ($) item	Dec. 31, 2022 USD ($) item	Dec. 31, 2021 USD ($) item	Dec. 31, 2020 USD ($) item
RELATED PARTIES
Short-term employee benefits	$ 1,103	$ 951	$ 1,872	$ 1,736	$ 1,211
Share-based payments	420	360	758	275	218
Post-employment benefits		9	22	29	20
Key management personnel compensation	$ 1,523	$ 1,320	$ 2,652	$ 2,040	$ 1,449
Number of key officers and directors \| item	7	7	7	7	6

EVENTS AFTER THE REPORTING DA_2

EVENTS AFTER THE REPORTING DATE (Details)	1 Months Ended
EVENTS AFTER THE REPORTING DATE (Details)	Jul. 31, 2023 employee	Aug. 31, 2023 shares	Dec. 31, 2022 shares
EVENTS AFTER THE REPORTING DATE
Approximate decrease in employee head count \| employee	50
Approximate percentage decrease in employee head count	13%
Third Founding Airline Group Members
EVENTS AFTER THE REPORTING DATE
Number of shares issued			59,367
Third Founding Airline Group Members \| DACC with with three founding airline group
EVENTS AFTER THE REPORTING DATE
Number of shares issued		59,368

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jun. 30, 2023		Dec. 31, 2022		Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 9,294		$ 6,492		$ 12,435	$ 25,079	$ 21,890	$ 30,250
User funds	3,525		3,328			9,201
Trade receivables, net	2,177		1,936			1,667
Other receivables and prepaid expenses	2,289		1,215			884
Current assets	68,888		12,971			36,831
NON-CURRENT ASSETS:
Property and equipment, net	704		767			702
Right-of-use assets, net	1,219		1,384			1,983	2,154
Intangible assets, net	8,569		9,465			5,296
Goodwill	15,628		15,628			8,021
Deferred taxes	626		573			577
Other long-term assets	1,571		1,018			667
Non-current assets	28,317		28,835			17,246
Total assets	97,205		41,806			54,077
CURRENT LIABILITIES:
Short-term bank loan and credit			2,505
Trade payables	3,532		3,234			587
User accounts	3,525		3,328			9,201
Current maturity of lease liabilities	668		613			655
Accrued expenses and other payables	6,268		7,400			5,550
Current liabilities	13,993		17,080			15,993
LONG TERM LIABILITIES:
Lease liabilities	202		395			1,088
Employee benefit liabilities, net	1,271		1,294			1,390
Other long-term liabilities	433		1,377			687
Long term liabilities	5,428		3,066			3,165
EQUITY:
Share capital	0	[1]	0	[1]		0
Share premium	251,351		140,229			129,056
Reserve from remeasurement of defined benefit plans	137		137			(132)
Accumulated deficit	(173,704)		(118,706)			(94,005)
Total equity	77,784		21,660		$ 32,258	34,919	$ 18,474	$ 31,829
Total liabilities and equity	$ 97,205		$ 41,806			$ 54,077

[1] Represents an amount lower than $1.

CONSOLIDATED STATEMENTS OF PROF

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
INTERIM CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS
Revenue	$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Cost of revenue	4,188	3,768	7,859	4,596	4,273
Gross profit	5,728	5,780	11,226	6,521	4,236
Operating expenses:
Research and development	6,014	5,119	10,217	7,822	6,910
Selling and marketing	7,081	4,901	12,749	8,774	5,807
General and administrative	6,079	4,997	9,645	6,273	4,562
Reorganization					891
Transaction-related costs	3,703	812	2,887
Total operating expenses	69,594	15,829	35,498	22,869	18,170
Operating loss	(63,866)	(10,049)	(24,272)	(16,348)	(13,934)
Finance income	1,690	171	194	150	193
Finance expenses	(223)	(306)	(454)	(156)	(172)
Financing income (expenses), net	1,467	(135)	(260)	(6)	21
Loss before income taxes	(54,995)	(10,184)	(24,532)	(16,354)	(13,913)
Income taxes	3	38	169	4	259
Loss	(54,998)	(10,222)	(24,701)	(16,358)	(14,172)
Other comprehensive loss (net of tax effect):
Remeasurement profit (loss) from defined benefit plans		225	269	(81)	(51)
Total components that will not be reclassified subsequently to profit or loss		225	269	(81)	(51)
Total comprehensive loss	$ (54,998)	$ (9,997)	$ (24,432)	$ (16,439)	$ (14,223)
Basic loss per Ordinary share	$ (1.33)	$ (1.90)	$ 4.25	$ 3.94	$ 3.48
Diluted loss per Ordinary share	$ (1.33)	$ (1.90)	$ 4.25	$ 3.94	$ 3.48
Weighted average number of shares outstanding used to compute basic loss per share	41,802,993	7,703,799	7,930,928	6,242,946	5,945,888
Weighted average number of shares outstanding used to compute diluted loss per share	41,802,993	7,703,799	7,930,928	6,242,946	5,945,888

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Share capital Ordinary shares	Share capital Preferred C shares	Share capital		Share premium Ordinary shares	Share premium Preferred C shares	Share premium	Reserve of remeasurements of defined benefit plans	Accumulated deficit	Ordinary shares	Preferred C shares	Total
Balance at the beginning at Dec. 31, 2019			$ 0				$ 95,304		$ (63,475)			$ 31,829
Loss									(14,172)			(14,172)
Total other comprehensive income (loss)			0					$ (51)				(51)
Total comprehensive income (loss)								(51)	(14,172)			(14,223)
Exercise of options			0				46					46
Share-based compensation							822					822
Balance at the end at Dec. 31, 2020			0				96,172	(51)	(77,647)			18,474
Loss									(16,358)			(16,358)
Total other comprehensive income (loss)								(81)				(81)
Total comprehensive income (loss)								(81)	(16,358)			(16,439)
Issuance of Ordinary shares	$ 0	$ 0			$ 4,417	$ 27,499				$ 4,417	$ 27,499
Exercise of options			0				33					33
Share-based compensation							935					935
Balance at the end at Dec. 31, 2021			0	[1],[2]			129,056	(132)	(94,005)			34,919
Loss									(10,222)			(10,222)
Total other comprehensive income (loss)								225				225
Total comprehensive income (loss)								225	(10,222)			(9,997)
Issuance of Ordinary shares			0				6,573					6,573
Exercise of options			0	[2]			31					31
Share-based compensation							732					732
Balance at the end at Jun. 30, 2022			0	[2]			136,392	93	(104,227)			32,258
Balance at the beginning at Dec. 31, 2021			0	[1],[2]			129,056	(132)	(94,005)			34,919
Loss									(24,701)			(24,701)
Total other comprehensive income (loss)								269				269
Total comprehensive income (loss)								269	(24,701)			(24,432)
Issuance of Ordinary shares			0	[1]			9,194					9,194
Exercise of options			0	[1]			73					73
Share-based compensation							1,906					1,906
Balance at the end at Dec. 31, 2022			0	[2],[3]			140,229	137	(118,706)			21,660
Loss												(54,998)
Total comprehensive income (loss)									(54,998)			(54,998)
Issuance of Ordinary shares			0	[2],[3]			113					113
Exercise of options			0	[2],[3]			19					19
Share-based compensation							1,128					1,128
Balance at the end at Jun. 30, 2023			$ 0	[2],[3]			$ 251,351	$ 137	$ (173,704)			$ 77,784

[1] Represents an amount lower than $1. Represents an amount lower than $1 Represents an amount lower than $1.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Loss	$ (24,701)	$ (16,358)	$ (14,172)
Adjustments to profit or loss items:
Depreciation and amortization	2,413	1,098	1,271
Changes in the fair value of contingent consideration	(1,037)
Share-based compensation	1,906	935	822
Operating expense settled by issuance of shares	2,621	1,952
Finance expenses (income), net	362	6	(21)
Taxes on income	169	4	259
Adjustments to profit or loss items	6,434	3,995	2,331
Changes in asset and liability items:
Decrease (increase) in user funds	5,841	(9,201)
Increase (decrease) in user accounts	(5,841)	2,790	6,411
Decrease (increase) in other receivables and prepaid expenses	(142)	(530)	274
Decrease (increase) in trade receivables	58	(613)	743
Increase (decrease) in trade payables	1,783	403	(501)
Increase in accrued severance pay, net	187	296	158
Increase other long-term assets	(5)	(264)	(73)
Increase (decrease) in accrued expenses and other payables	1,807	2,223	(3,019)
Changes in asset and liability items	3,688	(4,896)	3,993
Cash paid during the year for:
Interest paid, net	(162)	(3)	(9)
Taxes paid	(167)	(62)	(417)
Total Cash paid and received	(329)	(65)	(426)
Net cash used in operating activities	(14,908)	(17,324)	(8,274)
Cash flows from investing activities:
Purchase of property and equipment	(251)	(181)	(56)
Proceeds from sale of property and equipment	5	2	14
Acquisition of a subsidiary, net of cash acquired (a)	(4,183)	(4,367)
Payment of payables for an acquisition of a subsidiary	(156)
Proceeds from receivables for an acquisition of a subsidiary	163
Decrease in other long-term assets			108
Investment in short-term bank deposits	(200)
Investment in long-term assets	(353)
Net cash used in investing activities	(4,975)	(4,546)	66
Cash flows from financing activities:
Proceeds from issuance of Preferred C shares, net		26,131
Repayment of lease liabilities	(688)	(574)	(657)
Receipt of short-term bank loan and credit	2,505
Receipt from a long-term bank loan			338
Repayment of a long-term bank loan		(364)
Exercise of options	73	33	46
Net cash provided by (used in) financing activities	1,890	25,226	(273)
Exchange differences on balances of cash and cash equivalents	(594)	(167)	121
Increase (decrease) in cash and cash equivalents	(18,587)	3,189	(8,360)
Cash and cash equivalents at the beginning of the period	25,079	21,890	30,250
Cash and cash equivalents at the end of the period	6,492	25,079	21,890
(a) Acquisition of an initially consolidated subsidiary:
Working capital (excluding cash and cash equivalents)	(992)	23
Other receivables	163
Property and equipment	12	4
Intangible assets	5,734	2,613
Goodwill	7,607	5,723
Other payables		(156)
Shares issued	(6,573)	(2,465)
Contingent consideration	(1,768)	(1,375)
Acquisition of subsidiaries, net of cash acquired	4,183	4,367
Significant non-cash transactions:
Purchase of intangible assets paid with Preferred C shares		1,368
Right-of-use asset recognized with corresponding lease liability	$ 74	$ 354	$ 719

GENERAL_2

GENERAL	6 Months Ended	12 Months Ended
GENERAL	Jun. 30, 2023	Dec. 31, 2022
GENERAL
GENERAL	NOTE 1: — GENERAL a. Freightos Limited (the “Company” or “Freightos Cayman”, and together with its subsidiaries — “Freightos” or the “Group”) was incorporated on April 12, 2022 under the laws of the Cayman Islands. The Company is an exempted company limited by shares. On May 27, 2022, Freightos Hong Kong Limited (formerly: Freightos Limited) (“Freightos-HK”), a Hong-Kong entity, completed a series of share swap transactions with its shareholders by which the shareholders of Freightos-HK exchanged their shares in Freightos-HK for an equivalent number and class of shares of the newly-created Freightos Cayman (the “Group Restructuring”). As of that date, Freightos-HK became a wholly-owned subsidiary of the Company. On September 30, 2022 Freightos-HK distributed the shares of several of its subsidiaries to the Company. Prior to that, in August 2022, as part of the distribution of shares of its subsidiaries, Freightos-HK increased its retained earnings by reducing its share premium for the same amount. Freightos-HK filed for, and obtained, a ruling from the Israel Tax Authority to confirm there was no current tax event for its Israeli shareholders arising out of these restructuring transactions. The ruling provides the Company, Freightos-HK and their subsidiaries certain tax benefits regarding the exchange of shares and distribution of the shares of the Group’s subsidiaries, and includes a condition according to which the Company will register for tax purposes in Israel. The restructuring transaction was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company. Since the number and class of the Company’s shares are similar to the number and class of Freightos-HK’s shares, per share data in these financial statements did not retrospectively change. The share capital of Freightos-HK does not have par value, and was retrospectively adjusted to reflect the Company’s share capital which has par value of $0.00001 per share. b. Freightos operates a leading, vendor-neutral booking and payment platform for international freight. Freightos’ Platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Freightos operates its business through two segments - Platform and Solutions. The Platform segment provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. The Solutions segment provides software tools and data to help industry participants automate their pricing, sales, and procurement processes. c. The Group has the following subsidiaries as of June 30, 2023: Freightos-HK, a wholly-owned subsidiary of the Company following the Group Restructuring (see Note 1a), was incorporated in Hong-Kong on January 10, 2012. Through September 30, 2022 Freightos-HK still served as the holding company of the rest of the group entities and on that date distributed the shares of several of its subsidiaries to the Company. Freightos-HK is principally engaged in the provision of business interface and fronting services to its Israeli affiliate. Freightos Ltd, a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Israel on August 8, 2012 and started its operation on that date (the “Israeli subsidiary”). Currently, the Israeli subsidiary owns the technology and intellectual property of the Group and Freightos-HK provides business interface and fronting services to the Israeli subsidiary. Freightos Software Development and Data Services Ltd., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then (whose shares are partially held in trust for the Company), was registered on January 18, 2012 in Ramallah, within the Palestinian Authority (the “Palestinian subsidiary”). The Palestinian subsidiary’s main activity is the development of certain software and know-how related to the Group’s offering of software and services, and customer and technical support NOTE 1: — GENERAL (continued) Freightos Inc., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Delaware in the United States on May 28, 2015 (the “US subsidiary”). The US subsidiary is engaged in rendering billing services and holds the membership interests of 9T Technologies, LLC and the shares of Clearit Customs Services, Inc. (see below). Web Cargo, S.L.U., a wholly-owned Spanish subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was acquired in August 2016 (“WebCargo”). WebCargo is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Currently, WebCargo operates as a low-risk distributor for certain of the Group’s products and services, as well as a contracted research and development service provider for the Israeli subsidiary. Freightos Information Technology (Shanghai) Co., Ltd., a wholly-owned subsidiary of Freightos-HK, was established on January 17, 2018, in the People’s Republic of China (the “China subsidiary”). The China subsidiary engages in providing certain customer and technical support services to the Group. Freightos India Private Limited, a wholly-owned subsidiary of Freightos-HK, was established on March 13, 2019, in India, to act as a low-risk distributor of certain of the Group’s products and services in India. 9T Technologies LLC. (“7LFreight”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on December 30, 2021. 7LFreight is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Clearit Customs Brokers Inc. (formerly: 13096351 Canada Inc.) (“Clearit-CA”), a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was established in June 2021 in Canada to acquire certain assets as part of a business combination completed on February 16, 2022. Clearit-CA is engaged in the business of providing online customs clearance and brokerage services in Canada. Clearit Customs Services, Inc. (“Clearit-US”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination completed on February 16, 2022. Clearit-US is engaged in the business of providing online customs clearance and brokerage services in the US. Freightos Merger Sub II, wholly owned subsidiary of the Company incorporated in the Cayman Islands in 2022 for the purpose of consummating the BCA entered into by the Company, Freightos Merger Sub I and Freightos Merger Sub II (see Note 1d), has no operations and is in the process of liquidation. d. Business Combination Agreement On May 31, 2022, the Company entered into a business combination agreement (the “BCA”) with Gesher I Acquisition Corp., a Cayman Islands exempted company limited by shares (“Gesher”), Freightos Merger Sub I, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of the Company (“Merger Sub I”), and Freightos Merger Sub II, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of Freightos (“Merger Sub II”). The BCA was closed on January 25, 2023 (the “Closing Date”). Pursuant to the BCA, on the Closing Date Merger Sub I merged with and into Gesher, with Gesher being the surviving entity. Then, Gesher merged with and into Merger Sub II with Merger Sub II surviving as a wholly-owned subsidiary of Freightos (collectively, the “Transactions”). Upon consummation of the Transactions, Freightos became a publicly traded company listed on the Nasdaq Capital Market under the symbols “CRGO” and “CRGOW” and the former equity holders of Gesher became equity holders of Freightos. NOTE 1: — GENERAL (continued) On the Closing Date, in connection with the closing of the Transactions Freightos also consummated private placements contemplated by a forward purchase agreement and a backstop agreement, each assigned from Gesher to the Company. Pursuant to these agreements a Forward Purchaser, as defined in the forward purchase agreement, purchased 4,000,000 Freightos units (consisting of one Ordinary share and one -half of a warrant) for a purchase price of $40,000 and additionally fulfilled a $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 500,000 Freightos newly issued warrants. In addition, a Backstop Investor, as defined in the backstop agreement, fulfilled the $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 100,000 newly issued Freightos warrants. In addition, pursuant to a PIPE Agreement, an investor purchased 1,000,000 Freightos Ordinary shares for a purchase price of $10,000 . On the Closing Date, in connection with the closing of the Transactions the Company and its shareholders recapitalized the Company’s equity securities whereby each share of the Company’s Preferred shares was converted into one Ordinary share. In addition, and immediately following that conversion each Ordinary share was converted into 3.51806 Ordinary shares (the “Share Split”). At the same time, and as part of the Share Split, each outstanding option to purchase an Ordinary share was converted into an option to purchase . As a result of the Share Split the Ordinary shares, Preferred shares, options for Ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods presented in these consolidated financial statements as if the Share Split had been in effect as of the date of these consolidated financial statements. The Transactions were accounted for as a reverse recapitalization, in accordance with the relevant International Financial Reporting Standards (“IFRS”) and the Group was deemed to be the accounting acquirer. Gesher did not meet the definition of a business in accordance with IFRS 3 - “Business Combinations”, and the Transactions were instead accounted for within the scope of IFRS 2 - “Share based payment” (“IFRS 2”), as a share-based payment transaction in exchange for a public listing service. In accordance with IFRS 2 the Company recorded a one-time share-based Share listing expense of $46,717 at the closing of the BCA that was calculated based on the excess of the fair value of the Company issued to public investors over the fair value of the identifiable net assets of Gesher that were acquired: Number of Amount Shares Shares issued to Gesher shareholders 4,287,156 Opening price of the Company’s share on Nasdaq as of January 25, 2023 ($) 10.23 (A) Fair value of the Company’s shares issued to Gesher shareholders 43,858 Warrants issued to Gesher shareholders 12,250,000 Opening price of the Company’s warrants on Nasdaq as of January 25, 2023 ($) 0.74 (B) Fair value of the Company’s warrants issued to Gesher shareholders 9,012 Gesher’s cash in trust 8,127 Gesher’s liabilities (1,974) (C) Net assets of Gesher 6,153 IFRS 2 Listing expenses (A+B-C) 46,717 e. These interim consolidated financial statements have been prepared on a going concern basis, which contemplates that the Company will continue in operation for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. As of June 30, 2023, the Company had an accumulated deficit of $173,704 . During the six months ended June 30, 2023, the Company incurred a loss of $54,998 and negative cash flow from operating activities of $18,809 . The Company’s management concluded that the Company has sufficient funds to continue its operations and meet its obligations for a period of at least twelve months from the date the financial statements were authorized for issuance.	NOTE 1: — GENERAL a. Freightos Limited (the “Company” or “Freightos Cayman”, and together with its subsidiaries — “Freightos” or the “Group”) was incorporated on April 12, 2022 under the laws of the Cayman Islands. The Company is an exempted company limited by shares. On May 27, 2022, Freightos Hong Kong Limited (formerly: Freightos Limited) (“Freightos-HK”), a Hong-Kong entity, completed a series of share swap transactions with its shareholders by which the shareholders of Freightos-HK exchanged their shares in Freightos-HK for an equivalent number and class of shares of the newly-created Freightos Cayman (the “Group Restructuring”). As of that date, Freightos-HK became a wholly-owned subsidiary of the Company. On September 30, 2022 Freightos-HK distributed the shares of several of its subsidiaries to the Company. Prior to that, in August 2022, as part of the distribution of shares of its subsidiaries, Freightos-HK increased its retained earnings by reducing its share premium for the same amount. Freightos-HK has filed for, and obtained, a ruling from the Israel Tax Authority to confirm there is no current tax event for its Israeli shareholders arising out of these restructuring transactions. The ruling provides the Company, Freightos-HK and their subsidiaries certain tax benefits regarding the exchange of shares and distribution of the shares of Group’s subsidiaries, and includes a condition pursuant to which the Company registered for tax purposes in Israel. The restructuring transaction was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company. Since the number and class of the Company’s shares are similar to the number and class of Freightos-HK’s shares, per share data in these financial statements did not retrospectively change due to the Group Restructuring. The share capital of Freightos-HK does not have par value, and was retrospectively adjusted to reflect the Company’s share capital which has par value of $0.00001 per share for all classes of shares. b. Freightos operates a leading, vendor-neutral booking and payment platform for international freight. Freightos’ Platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters, thousands of forwarders, and dozens of airlines and ocean carriers. Freightos operates its business through two segments - Platform and Solutions. The Platform segment provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. The Solutions segment provides software tools and data to help industry participants automate their pricing, sales, and procurement processes. c. The Group has the following subsidiaries as of December 31, 2022: Freightos HK, a wholly-owned subsidiary of the Company following the Group Restructuring (see Note 1a), was incorporated in Hong-Kong on January 10, 2012. Through September 30, 2022 Freightos-HK still served as the holding company of the rest of the group entities and on that date distributed the shares of several of its subsidiaries to the Company. Freightos-HK is principally engaged in the provision of business interface and fronting services to its Israeli affiliate. Freightos Ltd, a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Israel on August 8, 2012 and started its operation on that date (the “Israeli subsidiary”). Currently, the Israeli subsidiary owns the technology and intellectual property of the Group and Freightos-HK provides business interface and fronting services to the Israeli subsidiary. Freightos Software Development and Data Services Ltd., a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then (whose shares are partially held in trust for the Company), was registered on January 18, 2012 in Ramallah, within the Palestinian Authority (the “Palestinian subsidiary”). The Palestinian subsidiary’s main activity is the development of certain software and know-how related to the Group’s offering of software and services, and customer and technical support. NOTE 1: — GENERAL (continued) Freightos Inc., a wholly-owned subsidiary of the Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was incorporated in Delaware in the United States on May 28, 2015 (the “US subsidiary”). The US subsidiary is engaged in rendering billing services and holds the membership interests of 9T Technologies, LLC (see below). Web Cargo, S.L.U., a wholly-owned Spanish subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was acquired in August 2016 (“WebCargo”) (see also Note 11b). WebCargo is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Currently, WebCargo operates as a low-risk distributor for certain of the Group’s products and services, as well as a contracted research and development service provider for the Israeli subsidiary. Freightos Information Technology (Shanghai) Co., Ltd., a wholly-owned subsidiary of Freightos-HK, was established on January 17, 2018, in the People’s Republic of China (the “China subsidiary”). The China subsidiary engages in providing certain customer and technical support services to the Group. Freightos India Private Limited, a wholly-owned subsidiary of Freightos-HK, was established on March 13, 2019, in India, to act as a low-risk distributor of certain of the Group’s products and services in India. 9T Technologies LLC. (“7LFreight”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on December 30, 2021 (see Note 5b). 7LFreight is a software company that seeks to provide a competitive edge to air freight forwarders by optimizing rate management tasks. Clearit Customs Brokers Inc. (formerly: 13096351 Canada Inc.), a wholly-owned subsidiary of Freightos-HK through September 30, 2022, and a wholly-owned subsidiary of the Company since then, was established in June 2021 in Canada to acquire certain assets as part of a business combination signed on November 3, 2021 and completed on February 16, 2022 (see Note 5a.). Clearit Customs Services Inc. (“Clearit-US”), a wholly-owned subsidiary of the US subsidiary, incorporated in the US, was acquired through a business combination closed on February 16, 2022 (see Note 5a). Clearit-US is engaged in the business of providing online customs clearance and brokerage services in the US. Freightos Merger Sub I and Freightos Merger Sub II, wholly owned subsidiaries of the Company incorporated in the Cayman Islands in 2022 for the purpose of consummating the BCA entered into by the Company, Freightos Merger Sub I and Freightos Merger Sub II (see Note 1d). d. Business Combination Agreement On May 31, 2022, the Company entered into a business combination agreement (the “BCA”) with Gesher I Acquisition Corp., a Cayman Islands exempted company limited by shares (“Gesher”), Freightos Merger Sub I, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of the Company (“Merger Sub I”), and Freightos Merger Sub II, a Cayman Islands exempted company limited by shares and a direct, wholly-owned subsidiary of Freightos (“Merger Sub II”). The BCA was closed on January 25, 2023 (the “Closing Date”). Pursuant to the BCA, on the Closing Date Merger Sub I merged with and into Gesher, with Gesher being the surviving entity. Then, Gesher merged with and into Merger Sub II with Merger Sub II surviving as a wholly-owned subsidiary of Freightos (collectively, the “Transactions”). Upon consummation of the Transactions, Freightos became a publicly traded company listed on the Nasdaq Capital Market under the symbols “CRGO” and “CRGOW” and the former equity holders of Gesher became equity holders of Freightos. NOTE 1: — GENERAL (continued) On the Closing Date, in connection with the closing of the Transactions Freightos also consummated private placements contemplated by a forward purchase agreement and a backstop agreement, each assigned from Gesher to the Company. Pursuant to these agreements a Forward Purchaser, as defined in the forward purchase agreement, purchased 4,000,000 Freightos Units for a purchase price of $40,000 and additionally fulfilled a $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary shares and 500,000 Freightos newly issued warrants. In addition, a Backstop Investor, as defined in the backstop agreement, fulfilled the $10,000 backstop commitment in exchange for 1,000,000 Freightos Ordinary share and 100,000 newly issued Freightos Warrants. In addition, pursuant to a PIPE Agreement, an investor purchased 1,000,000 Freightos Ordinary shares for a purchase price of $10,000. On the Closing Date, in connection with the closing of the Transactions the Company and its shareholders recapitalized the Company’s equity securities whereby each share of the Company’s Preferred shares was converted into one Ordinary share. In addition, and immediately following that conversion each Ordinary share was converted into 3.51806 Ordinary shares (the “Share Split”). At the same time, and as part of the Share Split each outstanding option to purchase an Ordinary share was converted into an option to purchase . As a result of the Share Split the Ordinary shares, Preferred shares, options for Ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods presented in these consolidated financial statements as if the Share Split had been in effect as of the date of these consolidated financial statements. e. These consolidated financial statements have been prepared on a going concern basis, which contemplates that the Company will continue in operation for the foreseeable future and be able to realize its assets and discharge its liabilities and commitments in the normal course of business. As of December 31, 2022, the Company had an accumulated deficit of $118,706 . During the year ended December 31, 2022, the Company incurred a loss of $24,701 and negative cash flow from operating activities of $14,908 . Subsequent to the reporting date the Company raised approximately $82,439 as part of the closing of the BCA and the related transactions (see Note 1d). The Company’s management concluded that the Company has sufficient funds to continue its operations and meet its obligations for a period of at least twelve months from the date the financial statements were authorized for issuance.

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2023	Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES a. Basis of presentation of the financial statements: The interim consolidated financial statements have been prepared using accounting policies consistent with IFRS and in accordance with International Accounting Standard (“IAS”) 34 - “Interim Financial Reporting”. The unaudited Company’s interim consolidated financial statements as of June 30, 2023 and for the six months then ended (“interim financial statements”) should be read in conjunction with the audited consolidated financial statements of the Company as of December 31, 2022 and for the year then ended which have been prepared in accordance with IFRS. b. Significant accounting policies: The significant accounting policies, presentation and methods of computation adopted in the preparation of these interim financial statements are consistent with those followed in the preparation of the Company’s consolidated audited financial statements for the year ended December 31, 2022, except as set forth below. c. Warrants The Company issued public warrants (the “Warrants”) as part of the closing of the BCA. Each Warrant entitles the holder to purchase one Ordinary share of the Company at an exercise price of $11.50 per share (“Warrant Price”). A Warrant may be exercised during the period commencing on the date that is thirty ( 30 ) days after the consummation of the BCA and terminating on the date that is five ( 5 ) years after the date on which the Company consummated the BCA (the “Exercise Period”). Not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time during the Exercise Period at the price of $0.01 per Warrant (“Redemption Price”), provided that the closing price of the Company’s Ordinary share equals or exceeds $18.00 per share, on each of twenty (20) trading days within any thirty (30) trading day period, subject to the terms of the Warrant agreement. In the event of such a redemption, the Company’s management may elect to force all holders of Warrants to exercise such Warrants on a “cashless basis” by surrendering the Warrants for that number of Ordinary shares equal to the quotient obtained by dividing (x) the product of the number of Ordinary shares underlying the Warrants, multiplied by the difference between the Warrant Price and the Fair Market Value (as defined in the Warrant agreement) by (y) the Fair Market Value. According to IAS 32, derivatives which will be settled only by the issuer exchanging fixed amounts of cash to fixed numbers of the Company’s Ordinary shares will be classified as equity. Otherwise, the instrument should be classified as a financial liability. Therefore, the Group has classified all Warrants as a financial liability. The Warrant instrument is initially recognized at fair value, and subsequently measured at fair value changes in fair value are recognized in profit or loss. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) d. Initial application of new financial reporting and accounting standards and amendments to existing financial reporting and accounting standards: 1). Amendment to IAS 1, “Presentation of Financial Statements”: In February 2021, the International Accounting Standards Board (“IASB”) issued an amendment to IAS 1 (the “IAS 1 Amendment”). Under the IAS 1 Amendment, companies are required to provide disclosure to their substantive accounting policies beyond the current requirement to provide disclosure for their substantial accounting policies. One of the main reasons for this amendment is that the term “significant” does not have a definition in IFRS, while the term “substantial” has a definition in various standards, particularly IAS 1. The IAS 1 Amendment is effective for annual periods beginning on or after January 1, 2023. The application of the IAS 1 Amendment did not have an impact on the Company’s interim consolidated financial statements, but the IAS 1 Amendment is expected to affect the accounting policy disclosures in the Company’s consolidated annual financial statements. 2). Amendment to IAS 8, “Accounting Policies, Changes to Accounting Estimates and Errors”: In February 2021, the IASB issued an amendment to IAS 8 (the “IAS 8 Amendment”), in which it introduces a new definition of accounting estimates. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The IAS 8 Amendment clarifies the distinction between changes in accounting estimates and changes in accounting policies and the correction of errors. The IAS 8 Amendment is to be applied prospectively for annual reporting periods beginning on or after January 1, 2023 and is applicable to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. IAS 8 Amendment did not have a material impact on the Company’s interim consolidated financial statements.	NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in the consolidated financial statements for all periods presented, unless otherwise stated. a. Basis of presentation of the financial statements: These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The Company’s financial statements have been prepared on a cost basis, except for certain financial instruments presented at fair value through profit or loss and certain employee benefit liabilities, net. The Company has elected to present the profit or loss items using the function of expense method. b. Consolidated financial statements: The consolidated financial statements comprise the financial statements of companies that are controlled by the Company (subsidiaries). Control is achieved when the Company is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Potential voting rights are considered when assessing whether an entity has control. The consolidation of the financial statements commences on the date on which control is obtained and ends when such control ceases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The financial statements of the Company and of the subsidiaries are prepared on the same dates and periods. The consolidated financial statements are prepared using uniform accounting policies by all companies in the Group. Intragroup balances and transactions and gains or losses resulting from intragroup transactions are eliminated in full in the consolidated financial statements. c. Functional currency, presentation currency and foreign currency: 1. Functional currency and presentation currency: The consolidated financial statements are presented in U.S. dollar (“USD”), which is the Company’s functional currency. For each subsidiary, the Group determines the functional currency and items included in the financial statements of each subsidiary are measured using that functional currency. The functional currency of all the Group’s subsidiaries is the USD. 2. Transactions, assets and liabilities in foreign currency: Transactions denominated in foreign currency are recorded upon initial recognition at the exchange rate at the date of the transaction. After initial recognition, monetary assets and liabilities denominated in foreign currency are translated at each reporting date into the functional currency at the exchange rate at that date. Non-monetary assets and liabilities denominated in foreign currency are translated using exchange rates at the date of the transaction. Exchange rate differences are recognized in profit or loss. d. Cash equivalents: Cash equivalents are considered as highly liquid investments, including unrestricted short-term bank deposits with an original maturity of three months or less from the date of investment or with a maturity of more than three months, but which are redeemable on demand without penalty and which form part of Freightos’ cash management. The balance of cash equivalents also includes certain cash amounts held in accounts with third party payment service providers which are already earned and available for disbursement by the Company. e. User funds and User accounts: In 2021 the Company entered into arrangements with third party payment service providers to hold funds on behalf of buyers and sellers (“users”) on its Freightos.com and WebCargo eBooking platforms (See Note 2j). User funds consist of buyers’ prepayments, including the Company’s transaction and service fees that would be earned when an order is completed, credits issued upon cancellations and seller fees that have not yet been withdrawn. User accounts represent the corresponding liability to the users. The Company does not have ownership over the funds and does not have the right to direct the funds to be used at will or for its own benefit other than those funds related to transaction and service fees owed to the Company after control has been obtained by the customers. f. Property and equipment: Property and equipment are measured at cost, including directly attributable costs, less accumulated depreciation, accumulated impairment losses and excluding day-to-day servicing expenses, if any. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows: % Computers and hardware 15 – 33 Office furniture and equipment 6 – 20 Leasehold improvements See below Leasehold improvements are depreciated on a straight-line basis over the shorter of the lease term (including reasonably certain options periods) and the estimated useful life of the improvements. The useful life, depreciation method and residual value of an asset are reviewed at least each year-end and any changes are accounted for prospectively as a change in accounting estimate. An item of property and equipment is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. g. Business combinations and goodwill: Business combinations are accounted for by applying the acquisition method. The cost of the acquisition is measured at the fair value of the consideration transferred on the acquisition date. Direct acquisition costs are carried to the statement of profit or loss as incurred. Contingent consideration is recognized at fair value on the acquisition date and classified as a financial asset or liability in accordance with International Accounting Standard (“IAS”) 39. Subsequent changes in the fair value of the contingent consideration are recognized in profit or loss. If the contingent consideration is classified as an equity instrument, it is measured at fair value on the acquisition date without subsequent remeasurement. Goodwill is initially measured at cost which represents the excess of the acquisition consideration over the net identifiable assets acquired and liabilities assumed. If the resulting amount is negative, the acquirer recognizes the resulting gain on the acquisition date. h. Leases: At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date, excluding leases whose term is up to 12 months and leases for which the underlying asset is of low value. For these excluded leases, the Company has elected to recognize the lease payments as an expense in profit or loss on a straight-line basis over the lease term. In measuring the lease liability, the Company has elected to apply the practical expedient in IFRS 16 and does not separate the lease components from the non-lease components included in a single contract. The Company has contracts that are, or contain, leases, for the buildings and offices used for its operations. Leases which entitle employees to a company car as part of their employment terms are accounted for as employee benefits in accordance with the provisions of IAS 19 and not as subleases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. After the commencement date, the Company measures the lease liability using the effective interest rate method. On the commencement date, the right-of-use asset is recognized in an amount equal to the lease liability plus lease payments already made on or before the commencement date and initial direct costs incurred. The right-of-use asset is measured applying the cost model and depreciated over the shorter of its useful life and the lease term. The periods of depreciation of the right-of-use buildings and offices assets are 2.5 - 3 years. The Company tests for impairment of the right-of-use asset whenever there are indications of impairment pursuant to the provisions of IAS 36. Lease liability is re-measured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company’s estimate of the amount expected to be payable under a residual value guarantee or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is re-measured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. Lease extension and termination options: A non-cancelable lease term includes both the periods covered by an option to extend the lease when it is reasonably certain that the extension option will be exercised and the periods covered by a lease termination option when it is reasonably certain that the termination option will not be exercised. In the event of any change in the expected exercise of the lease extension option or in the expected non-exercise of the lease termination option, the Company remeasures the lease liability based on the revised lease term using a revised discount rate as of the date of the change in expectations. The total change is recognized in the carrying amount of the right-of-use asset until it is reduced to zero, and any further reductions are recognized in profit or loss. i. Impairment of non-financial assets: The Company evaluates the need to record an impairment of non-financial assets whenever events or changes in circumstances indicate that the carrying amount is not recoverable. If the carrying amount of non-financial assets exceeds their recoverable amount, the assets are reduced to their recoverable amount. The recoverable amount is the higher of fair value less costs of sale and value in use. In measuring value in use, the expected future cash flows are discounted using a pre-tax discount rate that reflects the risks specific to the asset. The recoverable amount of an asset that does not generate independent cash flows is determined for the cash-generating unit to which the asset belongs. Impairment losses are recognized in profit or loss. An impairment loss of an asset, other than goodwill, is reversed only if there have been changes in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. Reversal of an impairment loss, as above, shall not be increased above the lower of the carrying amount that would have been determined (net of depreciation or amortization) had no impairment loss been recognized for the asset in prior years and its recoverable amount. The reversal of impairment loss of an asset presented at cost is recognized in profit or loss. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Goodwill in respect of subsidiaries: The Company reviews goodwill for impairment once a year, on December 31, or more frequently if events or changes in circumstances indicate that there is an impairment. Goodwill is tested for impairment by assessing the recoverable amount of the cash-generating unit (or group of cash-generating units) to which the goodwill has been allocated. An impairment loss is recognized if the recoverable amount of the cash-generating unit (or group of cash-generating units) to which goodwill has been allocated is less than the carrying amount of the cash-generating unit (or group of cash-generating units). Any impairment loss is allocated first to goodwill. Impairment losses recognized for goodwill cannot be reversed in subsequent periods. j. Revenue: Revenue from contracts with customers is recognized when the control over the goods or services is transferred to the customer. The transaction price is the amount of the consideration that is expected to be received based on the contract terms, excluding amounts collected on behalf of third parties (such as taxes). In determining the amount of revenue from contracts with customers, the Company evaluates whether it is a principal or an agent in the arrangement. The Company is a principal when the Company controls the promised goods or services before transferring them to the customer. In these circumstances, the Company recognizes revenue for the gross amount of the consideration. When the Company is an agent, it recognizes revenue for the net amount of the consideration, after deducting the amount due to the principal. The Company’s revenue is derived from several sources: ● transaction fees and ancillary services fees on its global freight booking and payments (transactional) platforms - Freightos.com and WebCargo eBooking (the “Platform”), as well as fees for providing customs brokerage services. ● subscriptions and professional services fees from its Solutions offerings. Platform offerings: In its Platform, Freightos provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. Platform revenue is generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. Platform revenue includes buyer platform fees, seller transaction fees (flat or a percentage of transaction value), fees related to payments or payment terms, and fees related to sales of ancillary services like third party insurance and customs brokerage. The Company’s customers are users of its platform, such as international shippers, freight forwarders, third-party ancillary services providers and air and ocean carriers. Fees are mainly remitted from a third-party payment provider who collects up-front from users and facilitates the payments from buyers to sellers, or are collected directly from carriers. Any prepaid amounts from buyers are recorded simultaneously as an asset under “user funds” and as a corresponding liability to users under “user accounts.” Revenue recognition is deferred until the order is completed. In some cases, the Company offers credit terms to certain buyers on the Freightos.com marketplace. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The Company’s revenue generated by the Platform is primarily related to facilitating and enabling sellers and buyers to contract for international freight. The Company only has one distinct performance obligation in connect with its transactional platforms. The Company earns the transaction fees and service fees, and recognizes revenue, once the user obtains control of the service, which occurs at a point in time upon completion of each order. The Company recognizes revenue on a net basis since the Company acts as an agent on its Platform. The Company does not take responsibility for the sellers’ services, and therefore the Company does not obtain control on the services before they are transferred to the customer. Solutions offerings Freightos provides software tools and data to help industry participants automate their pricing, sales and procurement processes. The Company generates revenue from recurring subscriptions for SaaS and data and recognizes revenue over time when the service is rendered to the customer. The Company also receives revenue from certain non-recurring engineering and customization services associated with SaaS so the Company recognizes this revenue over the subscription period. Costs of obtaining a contract: In order to obtain certain contracts with customers, the Company incurs incremental costs in obtaining the contract (such as sales commissions which are contingent on making binding sales). Costs incurred in obtaining the contract with the customer which would not have been incurred if the contract had not been obtained and which the Company expects to recover are recognized as an asset and amortized on a systematic basis that is consistent with the provision of the services under the specific contract. The Company has elected to apply the practical expedient allowed by IFRS 15 according to which incremental costs of obtaining a contract are recognized as an expense when incurred if the amortization period of the asset is one year or less. k. Employee benefit liabilities: The Company has several employee benefit plans: 1. Short-term employee benefits: Short-term employee benefits are benefits that are expected to be settled before twelve months after the end of the annual reporting period in which the employees render the related services. These benefits include salaries, paid annual leave, paid sick leave, recreation and social security contributions and are recognized as expenses as the services are rendered. A liability for a cash bonus is recognized when the Company has a legal or constructive obligation to make such payment as a result of past service rendered by an employee and a reliable estimate of the amount can be made. 2. Post-employment benefits: The Company has defined contribution plans for almost all of the employees of the Israeli subsidiary that elected to be included under Section 14 of the Severance Compensation Act, 1963 (“Section 14”). According to Section 14 the Company makes monthly deposits to pension funds or insurance policies in the name of each employee. Once deposits are made, the Israeli subsidiary is released from future severance obligation with respect to these employees, and hence no accrual is recorded, and the aforementioned deposits are not recorded as an asset on the Company’s statements of financial position. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The company also operates a defined benefit plan for one employee of the Israeli subsidiary that did not elect to be included under Section 14, and for employees of other subsidiaries that are entitled according to their respective domicile’s laws to severance pay upon dismissal or retirement. The Company measured this liability for termination of employment using the projected unit credit method. The actuarial assumptions include expected salary increases and rates of employee turnover based on the estimated timing of payment. The amounts are presented based on discounted expected future cash flows using a discount rate determined by reference to market yields at the reporting date on high quality corporate bonds with a term that is consistent with the estimated term of the severance pay obligation. In respect of its severance pay obligation to certain of its employees, the Company makes current deposits in pension funds and insurance companies (the “plan assets”). Plan assets comprise assets held by a long-term employee benefit fund or qualifying insurance policies. Plan assets are not available to the Company’s own creditors and cannot be returned directly to the Company. The liability for employee benefits shown in the statement of financial position reflects the present value of the defined benefit obligation less the fair value of the plan assets. Remeasurements of the net liability are recognized in other comprehensive income in the period in which they occur. 3. Termination benefits: Termination benefits are created as a result of the Group’s decision to dismiss employees before the normal retirement age or as a result of the employee decision to accept early retirement. A liability for a termination benefit is recognized at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognizes any related restructuring costs. l. Intangible assets: Intangible assets acquired separately are measured on initial recognition at cost. Intangible assets acquired in a business combination are measured at fair value at the acquisition date. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses. A summary of the useful economic lives of the intangible assets purchased by the Company is as follows: Years Technology 6 - 7 Trade Name 5.33 Customer relationships 5 - 10.33 Intangible assets with finite lives are amortized on a straight-line basis over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at each year end. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the statement of profit or loss in the expense category that is consistent with the function of the intangible assets. Research and development expenditures: Research expenditures are recognized in profit or loss when incurred. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Costs incurred in an internal development project are recognized as an intangible asset only if the Company can demonstrate the technical feasibility of completing the intangible asset so that it will be available for use or sale; the Company’s intention to complete the intangible asset and use or sell it; the ability to use or sell the intangible asset; how the intangible asset will generate future economic benefits; the availability of adequate technical, financial and other resources to complete the intangible asset; and the ability to measure reliably the expenditures attributable to the intangible asset during its development. For all the reporting periods, the above criteria have not been met and therefore all development costs have been recognized as an expense in profit or loss. m. Taxes on income: Current or deferred taxes are recognized in profit or loss, except to the extent that they relate to items which are recognized in other comprehensive income or equity. 1. Current taxes: The current tax liability is measured using the tax rates and tax laws that have been enacted or substantively enacted by the reporting date as well as adjustments required in connection with the tax liability in respect of previous years. 2. Deferred taxes: Deferred taxes are computed in respect of temporary differences between the carrying amounts in the financial statements and the amounts attributed for tax purposes. Deferred taxes are measured at the tax rate that is expected to apply when the asset is realized or the liability is settled, based on tax laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets are reviewed at each reporting date and reduced to the extent that it is not probable that they will be utilized. Deductible carryforward losses and temporary differences for which deferred tax assets had not been recognized are reviewed at each reporting date and a respective deferred tax asset is recognized to the extent that their utilization is probable. The taxes that would apply in the event that the investments in subsidiaries were realized were not taken into account in the calculation of the deferred taxes, since the Company intends to hold and develop these investments. In addition, the deferred taxes on the distribution of earnings by subsidiaries as dividends were not taken into account, since the dividends are not taxable or since a decision has been made not to distribute taxable dividends in the foreseeable future. Deferred taxes are offset if there is a legally enforceable right to offset a current tax asset against a current tax liability and the deferred taxes relate to the same taxpayer and the same taxation authority. 3. Uncertain tax positions: Uncertain tax positions arise from tax treatments applied by the Company which may be challenged by the tax authorities due to the complexity of the transaction or different interpretation of the tax laws, a claim for rectification brought by the Company, an appeal for a refund claimed from the tax authorities related to additional assessments or a tax investigation by the tax authorities. The Company recognizes its uncertain tax positions in the consolidated financial statements in accordance with IAS 12 Income Taxes NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) n. 1. Financial assets: Financial assets are measured upon initial recognition at fair value plus transaction costs that are directly attributable to the acquisition of the financial assets, except for financial assets measured at fair value through profit or loss in respect of which transaction costs are recorded in profit or loss. The Company classifies and measures debt instruments in the financial statements based on the following criteria: ● The Company’s business model for managing financial assets; and ● The contractual cash flow terms of the financial asset. Debt instruments are measured at amortized cost when the Company’s business model is to hold the financial assets in order to collect their contractual cash flows, and the contractual terms of the financial assets give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. After initial recognition, the instruments in this category are measured according to their terms at amortized cost using the effective interest rate method, less any provision for impairment. On the date of initial recognition, the Company may irrevocably designate a debt instrument as measured at fair value through profit or loss if doing so eliminates or significantly reduces a measurement or recognition inconsistency, such as when a related financial liability is also measured at fair value through profit or loss. 2. Impairment of financial assets: The Company has short-term financial assets such as trade receivables in respect of which the Company applies the simplified approach in IFRS 9 and measures the loss allowance in an amount equal to the lifetime expected credit losses. 3. Derecognition of financial assets: A financial asset is derecognized only when: ● The contractual rights to the cash flows from the financial asset have expired; or ● The Company has transferred substantially all the risks and rewards deriving from the contractual rights to receive cash flows from the financial asset or has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset; or ● The Company has retained its contractual rights to receive cash flows from the financial asset but has assumed a contractual obligation to pay the cash flows in full without material delay to a third party. 4. Financial liabilities: a) Financial liabilities measured at amortized cost: Financial liabilities are initially recognized at fair value less transaction costs that are directly attributable to the issue of the financial liability. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) After initial recognition, the Company measures all financial liabilities at amortized cost using the effective interest rate method, except for: ● Financial liabilities measured at fair value through profit or loss; ● Financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition or when the continuing involvement approach applies; ● Contingent consideration recognized by an acquirer in a business combination to which IFRS 3 applies. b) Financial liabilities measured at fair value through profit or loss: At initial recognition, the Company designates a financial liability in respect of contingent consideration in a business combination as measured at fair value through profit or loss. At initial recognition, the Company measures these financial liabilities at fair value. Transaction costs are recognized in profit or loss. After initial recognition, changes in fair value are recognized in profit or loss. 5. Derecognition of financial liabilities: A financial liability is derecognized only when it is extinguished, that is when the obligation specified in the contract is discharged or canceled or expires. A financial liability is extinguished when the debtor discharges the liability by paying in cash, other financial assets, goods or services; or is legally released from the liability. 6. Extinguishing financial liabilities with equity instruments: Equity instruments issued to replace a debt are measured at the fair value of the equity instruments issued if their fair value can be reliably measured. If their fair value cannot be reliably measured, the equity instruments are measured based on the fair value of the financial liability extinguished on the date of extinguishment. The difference between the carrying amount of the financial liability extinguished and the fair value of the equity instruments issued is recognized in profit or loss. o. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurement is based on the assumption that the transaction will take place in the asset’s or the liability’s principal market, or in the absence of a principal market, in the most advantageous market. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. Fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) All assets and liabilities measured at fair value or for which fair value is disclosed are categorized into levels within the fair value hierarchy based on the lowest level input that is significant to the entire fair value measurement: Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - inputs other than quoted prices included within Level 1 that are observable directly or indirectly. Level 3 - inputs that are not based on observable market data (valuation techniques which use inputs that are not based on observable market data). p. A provision in accordance with IAS 37 is recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is expected to require the use of economic resources to settle the obligation and a reliable estimate can be made of it. As of December 31, 2022 and 2021 the Company did not recognize any provisions on its consolidated statements of financial position. q. Loss per share is calculated by dividing the loss attributable to the Company’s shareholders by the weighted number of Ordinary shares outstanding during the period. Potential Ordinary shares are only included in the computation of diluted loss per share when their conversion increases loss per share or decreases income per share. Potential Ordinary shares that are converted during the period are included in diluted loss per share only until the conversion date. r. From time to time, the Company grants to its employees and service providers remuneration in the form of equity-settled share-based instruments, mainly options to purchase Ordinary shares. In addition, the Company settled certain transactions, such as in an acquisition of a certain technology asset, by transferring Ordinary or Preferred shares. Equity-settled transactions: The cost of equity-settled transactions with employees is measured at the fair value of the equity instruments granted at grant date. The fair value is determined using an acceptable option pricing model. With respect to other service providers, the cost of the transactions is measured at the fair value of the goods or services received as consideration for equity instruments. In cases where the fair value of the goods or services received as consider

DISCLOSURE OF NEW STANDARDS IN

DISCLOSURE OF NEW STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
DISCLOSURE OF NEW STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION
DISCLOSURE OF NEW STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION	d. Initial application of new financial reporting and accounting standards and amendments to existing financial reporting and accounting standards: 1). Amendment to IAS 1, “Presentation of Financial Statements”: In February 2021, the International Accounting Standards Board (“IASB”) issued an amendment to IAS 1 (the “IAS 1 Amendment”). Under the IAS 1 Amendment, companies are required to provide disclosure to their substantive accounting policies beyond the current requirement to provide disclosure for their substantial accounting policies. One of the main reasons for this amendment is that the term “significant” does not have a definition in IFRS, while the term “substantial” has a definition in various standards, particularly IAS 1. The IAS 1 Amendment is effective for annual periods beginning on or after January 1, 2023. The application of the IAS 1 Amendment did not have an impact on the Company’s interim consolidated financial statements, but the IAS 1 Amendment is expected to affect the accounting policy disclosures in the Company’s consolidated annual financial statements. 2). Amendment to IAS 8, “Accounting Policies, Changes to Accounting Estimates and Errors”: In February 2021, the IASB issued an amendment to IAS 8 (the “IAS 8 Amendment”), in which it introduces a new definition of accounting estimates. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The IAS 8 Amendment clarifies the distinction between changes in accounting estimates and changes in accounting policies and the correction of errors. The IAS 8 Amendment is to be applied prospectively for annual reporting periods beginning on or after January 1, 2023 and is applicable to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. IAS 8 Amendment did not have a material impact on the Company’s interim consolidated financial statements.	NOTE 3: — DISCLOSURE OF NEW STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION a. Amendment to IAS 1, “Presentation of Financial Statements”: In January 2020, the IASB issued an amendment to IAS 1 (the “IAS 1 Amendment”) regarding the criteria for determining the classification of liabilities as current or non-current. The IAS 1 Amendment includes the following clarifications: ● What is meant by a right to defer settlement; ● That a right to defer must exist at the end of the reporting period; ● That classification is unaffected by the likelihood that an entity will exercise its deferral right; ● That only if an embedded derivative in a convertible liability is itself an equity instrument would the terms of a liability not impact its classification. The IAS 1 Amendment is effective for annual periods beginning on or after January 1, 2023 and must be applied retrospectively. Early application is permitted. The Company estimates that the application of the IAS 1 Amendment is not expected to have a material impact on its consolidated financial statements. b. Amendment to IAS 8, “Accounting Policies, Changes to Accounting Estimates and Errors”: In February 2021, the IASB issued an amendment to IAS 8 (the “IAS 8 Amendment”), in which it introduces a new definition of accounting estimates. Accounting estimates are defined as monetary amounts in financial statements that are subject to measurement uncertainty. The IAS 8 Amendment clarifies the distinction between changes in accounting estimates and changes in accounting policies and the correction of errors. The IAS 8 Amendment is to be applied prospectively for annual reporting periods beginning on or after January 1, 2023 and is applicable to changes in accounting policies and changes in accounting estimates that occur on or after the start of that period. Early application is permitted. The Company estimates that the application of the IAS 8 Amendment is not expected to have a material impact on its consolidated financial statements. c. Amendment to IAS 12, “Income Taxes”: In May 2021, the IASB issued an amendment to IAS 12, which narrows the scope of the initial recognition exception under IAS 12.15 and IAS 12.24 (the “IAS 12 Amendment”). NOTE 3: — DISCLOSURE OF NEW STANDARDS IN THE PERIOD PRIOR TO THEIR ADOPTION (continued) According to the recognition guidelines of deferred tax assets and liabilities, IAS 12 excludes recognition of deferred tax assets and liabilities in respect of certain temporary differences arising from the initial recognition of certain transactions. This exception is referred to as the “initial recognition exception”. The IAS 12 Amendment narrows the scope of the initial recognition exception and clarifies that it does not apply to the recognition of deferred tax assets and liabilities arising from transactions that are not a business combination and that give rise to equal taxable and deductible temporary differences, even if they meet the other criteria of the initial recognition exception. The Amendment applies for annual reporting periods beginning on or after January 1, 2023, with earlier application permitted. In relation to leases and decommissioning obligations, the Amendment is to be applied commencing from the earliest reporting period presented in the financial statements in which the Amendment is initially applied. The cumulative effect of the initial application of the Amendment should be recognized as an adjustment to the opening balance of retained earnings (or another component of equity, as appropriate) at that date. The Company estimates that the initial application of the Amendment is not expected to have a material impact on its financial statements.

SIGNIFICANT ACCOUNTING JUDGMENT

SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2022
SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS
SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS	NOTE 4: — SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS In the process of applying the significant accounting policies, the Group has made the following judgments which have the most significant effect on the amounts recognized in the financial statements: a. Judgments: ● Determining the fair value of share-based payment transactions: The fair value of share-based payment transactions is determined upon initial recognition by an acceptable option pricing model. The inputs to the model include share price, exercise price and assumptions regarding expected volatility, expected life of share option and expected dividend yield. ● Discount rate for a lease liability: When the Company is unable to readily determine the discount rate implicit in a lease in order to measure the lease liability, the Company uses an incremental borrowing rate. That rate represents the rate of interest that the Company would have to pay to borrow over a similar term and with similar security, the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment. When there are no financing transactions that can serve as a basis, the Company determines the incremental borrowing rate based on its credit risk, the lease term and other economic variables deriving from the lease contract’s conditions and restrictions. In certain situations, the Company is assisted by an external valuation expert in determining the incremental borrowing rate. b. Estimates and assumptions: The preparation of the financial statements requires management to make estimates and assumptions that have an effect on the application of the accounting policies and on the reported amounts of assets, liabilities, revenue and expenses. Changes in accounting estimates are reported in the period of the change in estimate. NOTE 4: — SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS (continued) The key assumptions made in the financial statements concerning uncertainties at the reporting date and the critical estimates determined by the Group that may result in a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. ● Impairment of goodwill: The Group reviews goodwill for impairment at least once a year. This requires management to make an estimate of the projected future cash flows from the continuing use of the cash-generating unit (or a group of cash-generating units) to which the goodwill is allocated and also to choose a suitable discount rate for those cash flows. ● Deferred tax assets: Deferred tax assets are recognized for unused carryforward tax losses and deductible temporary differences to the extent that it is probable that taxable profit will be available against which the losses can be utilized. Significant management judgment is required to determine the amount of deferred tax assets that can be recognized, based upon the timing and level of future taxable profits, its source and the tax planning strategy. ● Pension and other post-employment benefits: The liability in respect of post-employment defined benefit plans is determined using actuarial valuations. The actuarial valuation involves making assumptions about, among others, the discount rate, rate of salary increase and employee turnover rate. The carrying amount of the liability may be significantly affected by changes in these estimates. ● Lease extension and/or termination options: In evaluating whether it is reasonably certain that the Company will exercise an option to extend a lease, the Company considers all relevant facts and circumstances that create an economic incentive for the Company to exercise the option to extend such as: significant amounts invested in leasehold improvements, the significance of the underlying asset to the Company’s operation and whether it is a specialized asset, the Company’s past experience with similar leases, etc. After the commencement date, the Company reassesses the term of the lease upon the occurrence of a significant event or a significant change in circumstances that affects whether the Company is reasonably certain to exercise an option to previously included in the determination of the lease term, such as significant leasehold improvements that had not been anticipated on the lease commencement date, sublease of the underlying asset for a period that exceeds the end of the previously determined lease period, etc. ● Uncertain tax positions: The assessment of amounts of current and deferred taxes requires the Group’s management to take into consideration uncertainties that its tax position will be accepted and of incurring any additional tax expenses. This assessment is based on estimates and assumptions based on interpretation of tax laws and regulations, and the Group’s past experience. It is possible that new information will become known in future periods that will cause the final tax outcome to be different from the amounts that were initially recorded, such differences will impact the current and deferred income tax assets and liabilities in the period in which such determination is made. NOTE 4: — SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS USED IN THE PREPARATION OF THE FINANCIAL STATEMENTS (continued) ● Intangible assets acquired in a business combination - estimating the fair value: The fair value of intangible assets purchased is determined upon initial recognition by an acceptable valuation model and a purchase price allocation model. The fair value of share-based, and future contingent, consideration, as well as the allocation of the purchase price to the different assets acquired, are estimated based on models that include various inputs and assumptions.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
BUSINESS COMBINATIONS	Dec. 31, 2022
BUSINESS COMBINATIONS
BUSINESS COMBINATIONS	NOTE 5: — BUSINESS COMBINATIONS a. In February 2022, the Group acquired all of the shares of Clearit Customs Services, Inc., a US company, and the digital customs brokerage business assets from its related Canadian company. In consideration, the Group paid the sellers at closing a total amount of $5,000 in cash (which was subject to working capital adjustment and price reduction of $163 ) and issued 959,907 Ordinary shares of Freightos-HK valued at closing at a total amount of $6,573 . In addition, it was agreed at closing that the Group may pay contingent consideration up to an additional $3,500 in cash subject to the business achieving certain operating and financial milestones over the period between 2022 and 2024. The parties are treating the sale and acquisition of the shares of the US company as a sale and purchase of assets pursuant to Section 338(h)(10) of the US Internal Revenue Code. The fair value of the contingent consideration as of the acquisition date was $1,768, and was estimated using a valuation method based mainly on certain management estimations of current and forecasted financial results of operations of the acquired business. No payment was made on account of the contingent consideration during 2022 and the first milestone was not met. As of December 31, 2022, the estimated fair value of the contingent consideration based on the remaining milestones over the period between 2023 and 2024 up to an amount of $2,250, was $1,377, and was recorded under long-term liabilities. The following table summarizes the fair value at closing of the consideration transferred: Cash paid $ 4,837 Shares issued 6,573 Fair value of contingent consideration 1,768 $ 13,178 The following table summarizes the fair value of the acquired assets and assumed liabilities and the resulting goodwill as of the acquisition date: Cash $ 817 Current assets 559 Property and equipment 12 Customer relations 1,972 Technology 3,762 Goodwill 7,607 Current liabilities (1,551) $ 13,178 Acquisition related costs in the amount of $135, that were directly attributable to the transaction, were carried as an expense to the consolidated statement of profit or loss and other comprehensive loss, under general and administrative expenses. NOTE 5: — BUSINESS COMBINATIONS (continued) Following are the supplemental consolidated financial results of the Group on an unaudited pro forma basis, as if the Clearit Business acquisition had been consummated on January 1, 2022: Year ended December 31, 2022 (unaudited) Proforma revenue $ 19,322 Proforma loss (25,027) Proforma loss per Ordinary share $ (3.11) These proforma results are based on estimates and assumptions, which the Company believes are reasonable. They are not necessarily the results that would have been realized had the Company and the Clearit business been a combined company during the periods presented and are not necessarily indicative of the Company’s consolidated results of operations in future periods. The pro forma results include adjustments related to purchase accounting, primarily the amortization of intangible assets. b. In December 2021, the Group acquired all of the membership interests of 9T Technologies LLC (“7LFreight”), a US company engaged in the business of freight rate management SaaS. At closing, the Group paid the sellers of 7LFreight $4,500 in cash, subject to a working capital adjustment, and issued the sellers 359,968 Ordinary shares of Freightos-HK, valued at closing at an amount of $2,465. In addition, the Group agreed at closing to pay up to $600 in cash and issue up to an additional 143,988 Ordinary shares of the Company subject to the 7LFreight business achieving certain operating and financial milestones over the years 2022 and 2023. The fair value of the contingent consideration as of the acquisition date was $1,375, and was estimated using a valuation method based mainly on the current fair value and standard deviation of Freightos-HK’s Ordinary share, as well as on certain other management estimations of the probability of meeting certain performance indicators. The first milestone was partially met and the Company will pay $136 and issue 32,739 Ordinary shares to satisfy the first contingent consideration payout. As of December 31, 2022, the remaining amount of the contingent consideration consisted of the Group’s liability to pay for the partially met first milestone and for the remaining milestone for 2023, up to an additional $150 in cash and issue up to an additional 35,997 Ordinary shares of the Company. The fair value of the contingent consideration as of December 31, 2022 in the amount of $729 was recorded under current liabilities. The following table summarizes the fair value at closing of the consideration transferred: Cash paid $ 4,650 Shares issued 2,465 Fair value of contingent consideration 1,375 $ 8,490 NOTE 5: — BUSINESS COMBINATIONS (continued) The following table summarizes the fair value of the acquired assets and assumed liabilities and the resulting goodwill as of the acquisition date: Cash $ 127 Current assets 52 Property and equipment 4 Customer relations 850 Technology 1,763 Goodwill 5,723 Current liabilities (29) $ 8,490 Acquisition related costs in the amount of $42, that were directly attributable to the transaction, were carried as an expense to the consolidated statement of profit or loss and other comprehensive loss, under general and administrative expenses.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
FINANCIAL INSTRUMENTS	Dec. 31, 2022
FAIR VALUE MEASUREMENT
FINANCIAL INSTRUMENTS	NOTE 6: — FINANCIAL INSTRUMENTS a. Financial risk management objectives and policies: The Company’s operations are exposed to various financial risks, such as market risk (mainly foreign currency risk), credit risk and liquidity risk. The Company’s comprehensive risk management plan focuses on measures to minimize possible negative effects on the financial performance of the Company. Risk management is performed by the Company’s Board. The Board identifies, measures and manages financial risks in collaboration with the Company’s operating units. The Company’s Board of Directors has provided guidelines for risk management, and specific policies for various risk exposures, such as foreign currency risk and excess-liquidity investments. 1. Foreign currency risk: Transactional foreign currency exposures represent risks associated with financial assets or liabilities denominated in currencies other than the functional currency of the transacting entity. The Company operates primarily in Israel, Spain and the Palestinian Authority and has an exchange rate risk as it earns revenue in EURO (“EUR”) and incurs fixed expenses in New Israeli Shekel (“NIS”) and EUR, which differs from its functional currency. As of December 31, 2022, the Company has excess financial and lease liabilities over financial assets denominated in currencies other than USD in total amount of $600 (as of December 31, 2021 - $1,242). Transaction exposures arise in the normal course of business. The Company monitors transactional foreign currency risks, including currency position and future expected exposures. The Company uses non-designated hedges to mitigate the risks, mainly associated with foreign currency risk of changes in NIS for the Israeli Subsidiary. The impact on the Company’s loss before taxes on income due to changes in the carrying amount of monetary assets and liabilities resulting from a reasonably possible changes in NIS and EUR exchange rates, with all other variables held constant, is not material. NOTE 6: — FINANCIAL INSTRUMENTS (continued) 2. Credit risk: The Company holds cash and cash equivalents and user funds with various financial institutions and third-party payment service providers. Its policy is to spread its investments among various institutions. In accordance with this policy, the Company invests its funds with stable financial institutions. The Company consistently monitors trade balances that are past due, and accordingly has recognized specifically allocated provision for doubtful accounts in an amount equal to the lifetime expected credit loss associated with each outstanding past due balance. 3. Liquidity risk: Liquidity risk is the risk that the Company will encounter difficulty in meeting obligations arising from its financial liabilities that are settled by delivering cash or other financial assets. Liquidity risk is managed on a group-wide basis. The Company’s approach to managing liquidity is to ensure it will have sufficient liquidity to meet its financial liabilities when due, including obtaining additional capital from investors and credit lines from banks and financial institutions. The table below summarizes the maturity profile of the Group’s financial liabilities based on contractual undiscounted payments (including interest payments): December 31, 2022 Less than one year 1 to 2 years 2 to 3 years Total Trade payables $ 3,234 $ — $ — $ 3,234 User accounts 3,328 — — 3,328 Accrued expenses and other payables 4,750 — — 4,750 Short-term bank loan and credit 2,505 — — 2,505 Lease liabilities 657 422 2 1,081 Contingent consideration 286 1,250 1,000 2,536 $ 14,760 $ 1,672 $ 1,002 $ 17,434 December 31, 2021: Less than one year 1 to 2 years 2 to 3 years Total Trade payables $ 587 $ — $ — $ 587 User accounts 9,201 — — 9,201 Accrued expenses and other payables 2,873 — — 2,873 Lease liabilities 702 658 467 1,827 Contingent consideration 300 300 — 600 $ 13,663 $ 958 $ 467 $ 15,088 NOTE 6: — FINANCIAL INSTRUMENTS (continued) Changes in liabilities arising from financing activities: Total liabilities arising Short-term from Long-term Lease Contingent bank loan and financing bank loan liabilities consideration credit activities Balance as of December 31, 2020 $ 368 $ 2,020 $ — $ — $ 2,388 New leases — 305 — — 305 Modification — 49 — — 49 Contingent payment for a business combination — — 1,375 — 1,375 Cash flows (364) (574) — — (938) Currency revaluations (4) (57) — (61) Balance as of December 31, 2021 — 1,743 1,375 — 3,118 New leases — 74 — — 74 Contingent payment for a business combination — — 1,768 — 1,768 Changes in the fair value of contingent consideration — — (1,037) — (1,037) Cash flows — (688) — 2,505 1,817 Currency revaluations — (121) — — (121) Balance as of December 31, 2022 $ — $ 1,008 $ 2,106 $ 2,505 $ 5,619 b. Fair value: The carrying amounts of cash and cash equivalents, user funds, trade receivables, other receivables, other long-term assets, trade payables, user accounts and other payables approximate their fair values due to the short-term maturities of such instruments. The fair value of the contingent payments recorded as part of the acquisition of 7LFreight and Clearit (see Note 5) was estimated using a valuation method based mainly on the current fair value and standard deviation of the Company’s Ordinary share, as well as on certain other management estimations of the probability of meeting certain performance indicators. The following table presents the fair value measurement hierarchy for the Company’s financial instruments assets and liabilities carried at fair value: As of December 31, 2022: Fair value hierarchy Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instruments $ 12 $ — $ — $ 12 Liabilities measured at fair value: Other current liabilities - contingent payment for a business combination — — (729) (729) Other current payables - hedge instruments (66) — — (66) Other long-term liabilities - contingent payment for a business combination $ — $ — $ (1,377) $ (1,377) NOTE 6: — FINANCIAL INSTRUMENTS (continued) As of December 31, 2021: Fair value hierarchy Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instruments $ 19 $ — $ — $ 19 Liabilities measured at fair value: Other current liabilities - contingent payment for a business combination — — (688) (688) Other current payables - hedge instruments (10) — — (10) Other long-term liabilities - contingent payment for a business combination $ — $ — $ (687) $ (687) There were no transfers from Level 1 to Level 2 during the reporting periods. The changes in level 3 in the period of twelve months ended December 31, 2022 were as follows: Accrued expenses and Other long- other term payables liabilities Total Fair value as of December 31, 2021 $ 688 $ 687 $ 1,375 Business combination (see Note 5a) — 1,768 1,768 Change in fair value (263) (774) (1,037) Classification of current maturity 304 (304) — $ 729 $ 1,377 $ 2,106

TRADE RECEIVABLES, NET

TRADE RECEIVABLES, NET	12 Months Ended
TRADE RECEIVABLES, NET	Dec. 31, 2022
TRADE RECEIVABLES, NET
TRADE RECEIVABLES, NET	NOTE 7: — TRADE RECEIVABLES, NET a. Trade receivables, net: December 31, 2022 2021 Open accounts $ 2,025 $ 1,762 Less - allowance for doubtful accounts (89) (95) Trade receivables, net $ 1,936 $ 1,667 b. Movement in allowance for doubtful accounts: Balance as of January 1, 2021 $ 107 Provision for the year 133 Derecognition of bad debts (64) Reversal in respect of collected doubtful accounts (78) Currency revaluations (3) Balance as of December 31, 2021 95 Provision for the year 252 Derecognition of bad debts (248) Reversal in respect of collected doubtful accounts (25) Initially consolidated subsidiary 15 Balance as of December 31, 2022 $ 89 c. Following is information about the credit risk exposure of the Company’s trade receivables: December 31, 2022: Past due trade receivables Not <30 31 – 60 61 – 90 91 – 120 >120 past due days days days days days Total $in thousands Gross carrying amount $ 1,130 $ 533 $ 120 $ 27 $ 71 $ 144 $ 2,025 Allowance for doubtful accounts $ 6 $ 8 $ 18 $ 11 $ 6 $ 40 $ 89 December 31, 2021: Past due trade receivables Not <30 31 – 60 61 – 90 91 – 120 >120 past due Days days days days days Total $in thousands Gross carrying amount $ 729 $ 650 $ 146 $ 77 $ 93 $ 67 $ 1,762 Allowance for doubtful accounts $ — $ 1 $ 7 $ 8 $ 15 $ 64 $ 95

OTHER RECEIVABLES AND PREPAID E

OTHER RECEIVABLES AND PREPAID EXPENSES	12 Months Ended
OTHER RECEIVABLES AND PREPAID EXPENSES	Dec. 31, 2022
OTHER RECEIVABLES AND PREPAID EXPENSES
OTHER RECEIVABLES AND PREPAID EXPENSES	NOTE 8: — OTHER RECEIVABLES AND PREPAID EXPENSES December 31, 2022 2021 Prepaid expenses $ 449 $ 718 Government authorities 536 128 Short-term investments 200 — Other 30 38 $ 1,215 $ 884

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
PROPERTY AND EQUIPMENT, NET	Dec. 31, 2022
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET	NOTE 9: — PROPERTY AND EQUIPMENT, NET December 31, 2022: Office Computer furniture Leasehold equipment and equipment Improvements Total Cost: Balance at January 1, 2022 $ 656 $ 288 $ 953 $ 1,897 Initially consolidated subsidiary 1 7 4 12 Additions 173 64 14 251 Deductions (42) (38) (34) (114) Balance at December 31, 2022 788 321 937 2,046 Accumulated depreciation: Balance at January 1, 2022 426 195 574 1,195 Additions 109 17 67 193 Deductions (37) (38) (34) (109) Balance at December 31, 2022 498 174 607 1,279 Depreciated cost at December 31, 2022 $ 290 $ 147 $ 330 $ 767 December 31, 2021: Office Computer furniture Leasehold equipment and equipment Improvements Total Cost: Balance at January 1, 2021 $ 523 $ 286 $ 950 $ 1,759 Initially consolidated subsidiary 4 — — 4 Additions 176 2 3 181 Deductions (47) — — (47) Balance at December 31, 2021 656 288 953 1,897 Accumulated depreciation: Balance at January 1, 2021 381 174 459 1,014 Additions 90 21 115 226 Deductions (45) — — (45) Balance at December 31, 2021 426 195 574 1,195 Depreciated cost at December 31, 2021 $ 230 $ 93 $ 379 $ 702

LEASES

LEASES	12 Months Ended
LEASES	Dec. 31, 2022
LEASES
LEASES	NOTE 10: — LEASES a. Information on leases: The Company has lease agreements that include mainly leases of buildings or offices that are used to maintain the Company’s ongoing operations. The weighted average lease term as of December 31, 2022 and 2021 is 1.8 and 2.8 years, respectively. Some of these lease agreements include extension options. December 31, 2022 2021 Interest expense on lease liabilities $ 49 $ 51 Total cash outflow for leases $ 737 $ 625 The Company has leases that include extension options. These options provide flexibility in managing the leased assets and align with the Company’s business needs. The Company exercises significant judgment in deciding whether it is reasonably certain that the extension options will be exercised. b. Disclosures in respect of right-of-use assets: Right-of-use Accumulated Right-of-use leased offices depreciation assets, net Balance as of January 1, 2021 $ 2,570 $ (416) $ 2,154 Addition 305 (519) (214) Modification 49 — 49 Rent deposits (6) — (6) Balance as of December 31, 2021 2,918 (935) 1,983 Addition 74 (655) (581) Rent deposits (18) — (18) Balance as of December 31, 2022 $ 2,974 $ (1,590) $ 1,384 The discount rates used at inception of new leases are based on the estimated rate of the Company’s incremental borrowing in each lease, depending on the amount of the lease, its average life and the quality of the leased property. The discount rates range between 0.4% and 6.1%. c. For an analysis of maturity dates of lease liabilities, see Note 6.

GOODWILL AND INTANGIBLE ASSETS,

GOODWILL AND INTANGIBLE ASSETS, NET	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS, NET	Dec. 31, 2022
GOODWILL AND INTANGIBLE ASSETS, NET
GOODWILL AND INTANGIBLE ASSETS, NET	NOTE 11: — GOODWILL AND INTANGIBLE ASSETS, NET a. Composition and changes: 2022: Trade Customer Customer Goodwill Technology Name relationships database Total Cost: Balance as of January 1, 2022 $ 8,021 $ 3,509 $ 85 $ 3,508 $ 200 $ 15,323 Initially consolidated company 7,607 3,762 — 1,972 — 13,341 Balance as of December 31, 2022 15,628 7,271 85 5,480 200 28,664 Accumulated amortization and impairment: Balance as of January 1, 2022 — 378 85 1,372 171 2,006 Amortization recognized in the year — 764 — 772 29 1,565 Balance as of December 31, 2022 — 1,142 85 2,144 200 3,571 Amortized cost at December 31, 2022 $ 15,628 $ 6,129 $ — $ 3,336 $ — $ 25,093 2021: Trade Customer Customer Goodwill Technology Name relationships database Total Cost: Balance as of January 1, 2021 $ 2,298 $ 378 $ 85 $ 2,658 $ 200 $ 5,619 Initially consolidated company 5,723 1,763 — 850 — 8,336 Purchases — 1,368 — — — 1,368 Balance as of December 31, 2021 8,021 3,509 85 3,508 200 15,323 Accumulated amortization and impairment: Balance as of January 1, 2021 — 378 69 1,115 91 1,653 Amortization recognized in the year — — 16 257 80 353 Balance as of December 31, 2021 — 378 85 1,372 171 2,006 Amortized cost at December 31, 2021 $ 8,021 $ 3,131 $ — $ 2,136 $ 29 $ 13,317 b. In August 2016, the Company purchased all of WebCargo’s shares. Total deal consideration was $5,293 . The goodwill acquired in the amount of $2,298 was allocated to the Company’s Solutions operating segment and is tested since acquisition annually for impairment, on December 31st of each year. No impairment was recorded during the years ended December 31, 2022 and 2021. c. In December 2021, the Company acquired the interlining technology and other assets of a major airline group pursuant to a purchase agreement entered into in September 2021. In consideration for the purchase the Company issued 158,327 Series C Preferred shares to the seller at closing, valued at a total amount of $ 1,368 . The seller may also earn up to 316,658 Ordinary shares subject to the Company achieving certain commercial milestones using the acquired interlining platform. The seller agreed to use exclusively the Company’s interlining platform for a period of time and will be entitled to a revenue share participation in connection with the commercialization of the interlining technology acquired by the Company. d. In December 2021, the Company acquired all of the membership interests of 7LFreight, a US company engaged in the business of freight rate management SaaS. For details on acquired intangible assets and goodwill see Note 5b. NOTE 11: — GOODWILL AND INTANGIBLE ASSETS, NET (continued) e. In February 2022, the Company acquired all of the shares of Clearit Customs Services, Inc., a US company, and the digital customs brokerage business assets from its related Canadian company. For details on acquired intangible assets and goodwill see Note 5a. f. Amortization expenses of technology assets for the year ended December 31, 2022 in the amount of $764 was included as part of the cost of revenue in the consolidated statements of profit or loss. Amortization expenses of trade name, customer relationship and customer database for the years ended December 31, 2022 and 2021 in the amounts of $801 and $353 , respectively, were included as part of sales and marketing expenses in the consolidated statements of profit or loss.

OTHER LONG-TERM ASSETS

OTHER LONG-TERM ASSETS	12 Months Ended
OTHER LONG-TERM ASSETS	Dec. 31, 2022
OTHER LONG-TERM ASSETS
OTHER LONG-TERM ASSETS	NOTE 12: — OTHER LONG-TERM ASSETS December 31, 2022 2021 Deposits () $ 1,012 $ 658 Other 6 9 $ 1,018 $ 667 () Deposits mainly to secure payments to an airline and to support currency hedging activity, a bank guarantee and credit cards.

ACCRUED EXPENSES AND OTHER PAYA

ACCRUED EXPENSES AND OTHER PAYABLES	12 Months Ended
ACCRUED EXPENSES AND OTHER PAYABLES	Dec. 31, 2022
ACCRUED EXPENSES AND OTHER PAYABLES
ACCRUED EXPENSES AND OTHER PAYABLES	NOTE 13: — ACCRUED EXPENSES AND OTHER PAYABLES December 31, 2022 2021 Employees and payroll accruals $ 1,560 $ 1,807 Accrued expenses 2,993 725 Deferred revenues 1,921 1,989 Advances from customers — 70 Contingent consideration (see Note 5) 729 688 Other 197 271 $ 7,400 $ 5,550

SHORT-TERM BANK LOAN AND CREDIT

SHORT-TERM BANK LOAN AND CREDIT	12 Months Ended
SHORT-TERM BANK LOAN AND CREDIT	Dec. 31, 2022
SHORT-TERM BANK LOAN AND CREDIT
SHORT-TERM BANK LOAN AND CREDIT	NOTE 14: SHORT-TERM BANK LOAN AND CREDIT December 31, 2022 2021 Short-term bank loan () $ 2,500 $ — Other 5 — $ 2,505 $ — () In October 2022, the Israeli subsidiary entered into a term loan agreement with an Israeli bank, pursuant to which the Israeli subsidiary borrowed $2,500 , to be repaid no later than March 31, 2023. The term loan bore an interest at Term SOFR rate plus 6.0% per annum payable monthly. The term loan was repaid in full in January 2023. On April 12, 2022, the Israeli subsidiary entered into a loan agreement and related agreements with an Israeli bank, by which the Israeli subsidiary could have borrowed up to $6,000 based on the Company’s monthly recurring revenue generated by its SaaS business. The Israeli subsidiary pledged for the benefit of the bank the following: (1) a first ranking floating charge, unlimited in amount, over all the assets of the Israeli subsidiary and a fixed charge over the Israeli subsidiary’s registered and unissued share capital; (2) a first ranking fixed charge, unlimited in amount, over the Israeli subsidiary’s intellectual property rights; (3) a first ranking fixed charge, unlimited in amount, over contractual rights to amounts owed to the Israeli subsidiary by either of the US subsidiary, Freightos Limited, or WebCargo. The Israeli subsidiary did not make any borrowings under this loan facility, and the loan facility was terminated in February 2023.

OTHER LONG TERM LIABILITIES

OTHER LONG TERM LIABILITIES	12 Months Ended
OTHER LONG TERM LIABILITIES	Dec. 31, 2022
OTHER LONG TERM LIABILITIES
OTHER LONG TERM LIABILITIES	NOTE 15: — OTHER LONG TERM LIABILTIES December 31, 2022 2021 Contingent consideration (see Note 5) $ 1,377 $ 687 $ 1,377 $ 687

EMPLOYEE BENEFIT LIABILITIES, N

EMPLOYEE BENEFIT LIABILITIES, NET	12 Months Ended
EMPLOYEE BENEFIT LIABILITIES, NET	Dec. 31, 2022
EMPLOYEE BENEFIT LIABILITIES, NET
EMPLOYEE BENEFIT LIABILITIES, NET	NOTE 16: — EMPLOYEE BENEFIT LIABILITIES, NET Post-employment benefits: According to the labor laws and Severance Pay Law in Israel, the Company is required to pay compensation to an employee upon dismissal or retirement or to make current contributions in defined contribution plans pursuant to Section 14. According to laws in some of the other countries the company employs in, the Company is required to pay compensation to an employee upon dismissal or the employee leaving on its own will. The Company’s liability is accounted for as a post-employment benefit. The computation of the Company’s employee benefit liability is made according to the current employment contract based on the employee’s salary and employment term which establish the entitlement to receive the compensation. In Israel, the post-employment employee benefits are normally financed by contributions classified as defined benefit plan or as defined contribution plan, as detailed below. NOTE 16: — EMPLOYEE BENEFIT LIABILITIES, NET (continued) a. Defined contribution plans: Almost all of the employees in Israel are subject to Section 14 pursuant to which the fixed contributions paid by the Company into pension funds and/or policies of insurance companies release the Company from any additional liability to employees for whom said contributions were made. These contributions and contributions for benefits represent defined contribution plans. Year ended December 31, 2022 2021 2020 Expenses – defined contribution plan $ 461 $ 544 $ 429 b. Defined benefit plans: The Company has defined benefit plan for employees in Israel that are not under Section 14, and for employees in other countries that are entitled according to their respective domicile’s laws to severance pay upon dismissal or retirement. For defined benefit plan an employee benefit liability is recognized, and for employees of the Israeli subsidiary the Group also deposits amounts in pension funds and qualifying insurance policies. Changes in the defined benefit obligation and fair value of plan assets: 2022 2021 Defined benefit obligation: Balance as of January 1, $ 1,474 $ 1,080 Current service cost 296 321 Payments (142) (46) Net interest expense 38 26 Total expenses recognized in profit or loss for the period 192 301 Loss (profit) from remeasurement in other comprehensive loss – actuarial loss, net (275) 85 Effect of changes in foreign exchange rates (25) 8 Balance as of December 31, 1,366 1,474 Fair value of plan assets: Balance as of January 1, (84) (71) Net interest income (2) (2) Loss (gain) from remeasurement in other comprehensive gain, net 8 (4) Effect of changes in foreign exchange rates 10 (3) Contributions (4) (4) Balance as of December 31, (72) (84) Net defined liability: Balance as of January 1, 1,390 1,009 Current service cost 296 321 Payments (142) (46) Net interest expense 36 24 Total expenses recognized in profit or loss for the period 190 299 Loss (gain) from remeasurement in other comprehensive loss – actuarial loss, net (267) 81 Effect of changes in foreign exchange rates (15) 5 Contributions (4) (4) Balance as of December 31, $ 1,294 $ 1,390 NOTE 16: — EMPLOYEE BENEFIT LIABILITIES, NET (continued) The principal assumptions underlying the defined benefit plan: 2022 2021 % Discount rate () 4.9 - 5.2 2.5 - 2.9 Expected rate of salary increase 5 5 Number of years Life expectation at the age of 65 8.3 - 13.2 9.4 - 14.2 () The discount rate is based on high-quality CPI-linked corporate bonds for the defined benefit obligation in Israel or high-quality USD corporate bonds for other countries.

EQUITY_2

EQUITY	6 Months Ended	12 Months Ended
EQUITY	Jun. 30, 2023	Dec. 31, 2022
EQUITY
EQUITY	NOTE 5: — EQUITY a. Composition of share capital: Issued and Authorized outstanding June 30, 2023 Ordinary shares of $0.00001 per share 350,000,000 47,481,609 Preferred shares of $0.00001 per share 1,000,000 — Issued and Authorized () outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 () In January 2023 the authorized Ordinary share capital was increased to 350,000,000 . Authorized shares amounts were not adjusted retrospectively to reflect the effect of the Share Split (see Note 1d). All other Ordinary shares and Preferred shares amounts were adjusted retrospectively for all periods presented in these consolidated financial statements to reflect the Share Split. b. Movement in issued and outstanding share capital: Number of shares Balance as of January 1, 2023 36,138,588 Issuance of Ordinary shares 32,739 Issuance of Ordinary shares in connection with the closing of the BCA 11,287,156 Exercise of employees’ options into Ordinary shares 23,126 Balance as of June 30, 2023 47,481,609 NOTE 5: — EQUITY (continued) c. Issuance of Preferred and Ordinary shares: 1. In February 2022, as part of a business combination to acquire Clearit Freightos-HK issued 959,907 Ordinary shares (valued at $6,573 ). 2. In December 2021, Freightos launched the Digital Air Cargo Council (“DACC”) with three founding airline group members. In December 2022, the Company issued to each of two of the airline groups an additional amount of 118,735 Ordinary shares and to the third airline group an additional amount of 59,367 Ordinary shares. These additional Ordinary shares issued, valued at the time of issuance at $2,621, were recorded as an operating expense in profit and loss. Each of two of the airline groups is eligible to receive up to 261,216 additional Ordinary shares, and the third airline group is eligible to receive up to 320,584 additional Ordinary shares, over the next several years upon the airline meeting certain performance criteria related to the adoption and utilization of the Company’s digital booking tools. 3. In January 2023 the Company issued Ordinary shares and converted the Preferred shares to Ordinary shares as part of the Transactions - see Note 1d. 4. In March 2023 the Company issued 32,739 Ordinary shares valued at the time of issuance at $113 to the sellers of 7LFreight as a result of 7LFreight business achieving certain operating and financial milestones that were agreed to in the business combination. d. Rights attached to shares: The holders of Ordinary shares are entitled to receive dividends only when, as and if declared by the Board of Directors and are entitled to one vote per share at meetings of the Company. All Ordinary shares rank equally with regard to the Company’s residual assets. e. Capital management: Capital comprises share capital and reserves as stated in the statement of financial position. The Company’s objective when managing capital is to safeguard its ability to continue as a going concern, so that it can continue to provide returns for the shareholders.	NOTE 17: — EQUITY a. The Group Restructuring (see Note 1a) was accounted for as a transaction between entities under common control under the pooling of interests method. Accordingly, the transaction was retrospectively applied to the financial statements of prior periods, such that the financial information of Freightos-HK is presented in these financial statements, except share capital that was retrospectively adjusted based on the equivalent number and class of shares of the Company (the number and class of the Company’s shares prior to January 25, 2023, were similar to the number and class of Freightos-HK’s shares). The share capital of Freightos-HK does not have a par value, and was retrospectively adjusted to reflect the Company’s share capital, which has a par value of $0.00001 per share for all classes of shares. b. Composition of share capital: Issued and Authorized () outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 () In January 2023 the authorized Ordinary share capital was increased to 350,000,000 . NOTE 17: — EQUITY (continued) Authorized shares amounts were not adjusted retrospectively to reflect the effect of the Share Split (see Note 1d). All other Ordinary shares and Preferred shares amounts were adjusted retrospectively for all periods presented in these consolidated financial statements to reflect the Share Split. Issued and outstanding December 31, 2021 Ordinary shares 6,946,638 Series Seed Preferred shares 2,455,606 Series A1 Preferred shares 4,623,734 Series A2 Preferred shares 932,227 Series B Preferred shares 8,276,043 Series C Preferred shares 11,372,541 34,606,789 c. Movement in issued and outstanding share capital: Number of shares Balance as of January 1, 2021 29,514,698 Issuance of Preferred shares (see Notes 17d.1 and 17d.3) 4,336,421 Issuance of Ordinary shares (see Notes 17d.2 and 17d.4) 644,932 Exercise of employees’ options into Ordinary shares 110,738 Balance as of December 31, 2021 34,606,789 Issuance of Ordinary shares (see Notes 17d.4 and 17d.5) 1,256,744 Exercise of employees’ options into Ordinary shares 275,055 Balance as of December 31, 2022 36,138,588 d. Issuance of Preferred and Ordinary shares: 1. In March 2021 Freightos-HK entered into an agreement for the issuance of 4,178,094 Series C Preferred shares in consideration of an aggregate amount of $26,389 . Direct expenses related to the issuance were $258 (net amount — $26,131 ). 2. In December 2021, as part of a business combination to acquire 7LFreight (see Note 5b) Freightos-HK issued 359,968 Ordinary shares (valued at $2,465 ). 3. In December 2021, as part of the acquisition of the interlining technology and other assets of a major airline group (see Note 11c) Freightos-HK issued 158,327 Series C Preferred shares to the seller at closing (valued at $1,368 ). NOTE 17: — EQUITY (continued) 4. In December 2021, Freightos launched the Digital Air Cargo Council (“DACC”) with three founding airline group members. Upon launch, Freightos-HK issued to each of the three airline groups 94,988 Ordinary shares. The Ordinary shares issued, valued at the time of issuance at $1,952 , were recorded as an operating expense in profit and loss. In December 2022, the Company issued to each of two of the airline groups an additional amount of 118,735 Ordinary shares and to the third airline group an additional amount of 59,367 Ordinary shares. These additional Ordinary shares issued, valued at the time of issuance at $ 2,621 , were recorded as an operating expense in profit and loss. Each of two of the airline groups is eligible to receive up to 261,216 additional Ordinary shares, and the third airline group is eligible to receive up to 320,584 additional Ordinary shares, over the next several years upon the airline meeting certain performance criteria related to the adoption and utilization of the Company’s digital booking tools. 5. In February 2022, as part of a business combination to acquire Clearit (see Note 5a) Freightos-HK issued 959,907 Ordinary shares (valued at $6,573 ). e. Rights attached to shares: 1. The holders of Ordinary shares are entitled to receive dividends only when, as and if declared by the Board of Directors and are entitled to one vote per share at meetings of the Company. All Ordinary shares rank equally with regard to the Company’s residual assets. 2. The holders of the “Series Seed”, “Series A-1”, “Series A-2”, “Series B” and “Series C” Preferred shares (together, the “Preferred shares”) were entitled to receive dividends prior to the holders of Ordinary shares but only when, as and if declared by the Board of Directors, at the rate of 6% per annum of the original issue price. On liquidation of the Company, the assets of the Company available for distribution would have been applied, in priority to any payment to the holders of Ordinary shares, on a pro-rata basis. The holder of Preferred shares had the right to one vote for each Ordinary share into which such Preferred shares could have been converted (with any fractional share determined on an aggregate conversion basis being rounded to the nearest whole share), and with respect to such vote, such holder has full voting rights and powers equal to the voting rights and powers of the holders of Ordinary shares. Certain matters were subject to the approval of holders of each of the classes of Preferred shares. 3. Conversion of Preferred shares into Ordinary shares: In connection with the Closing of the Transactions contemplated by the BCA, all outstanding Preferred shares were converted into Ordinary shares. When the Preferred shares were outstanding, a holder of Preferred shares could have converted Preferred shares into Ordinary shares at any time at a conversion ratio of one Ordinary share for each Preferred share, subject to customary adjustments, and the Preferred shares would have converted into Ordinary shares under certain circumstances. f. Capital management: Capital comprises share capital and reserves as stated in the statement of financial position. The Company’s objective when managing capital is to safeguard its ability to continue as a going concern, so that it can continue to provide returns for the shareholders.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	6 Months Ended	12 Months Ended
SHARE-BASED COMPENSATION	Jun. 30, 2023	Dec. 31, 2022
SHARE-BASED PAYMENT
SHARE-BASED COMPENSATION	NOTE 6: — SHARE-BASED PAYMENT In May 2022 as part of the Group Restructuring, the Company established the Freightos 2022 Long-term Incentive Plan (the “2022 Plan”), which is intended to be a successor to the Company’s 2012 Global Incentive Option Scheme (the “2012 Plan”), such that no additional stock awards will be granted under the 2012 Plan. Any shares that otherwise remained available for future grants under the 2012 Plan ceased to be available under the 2012 Plan and will not be available for grants under the 2022 Plan. In addition, Freightos-HK assigned to the Company all rights, obligations and liabilities under the 2012 Plan and all options to purchase Freightos-HK Ordinary shares that were granted under the 2012 Plan, whether vested or unvested, have been converted into and became options to purchase an identical number of Ordinary shares of the Company under the 2022 Plan. As of June 30, 2023, the Company’s Board of Directors approved an aggregated amount of 9,833,034 share options for grant to employees and consultants of the Group. Out of this amount, an aggregated amount of 1,477,611 share options were exercised into the Company’s Ordinary shares through June 30, 2023. The unallocated pool as of June 30, 2023 and December 31, 2022 consisted of 2,910,017 and 1,208,170 share options, respectively. NOTE 6: — SHARE-BASED PAYMENT (continued) The fair value of share-based awards, granted in the periods of six months ended June 30, 2023 and 2022, was estimated using the Black & Scholes option-pricing model with the following assumptions: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted average expected term (years) 5.96 – 6.37 5.97 – 6.10 Interest rate 4.18% – 4.21 % 1.89% – 2.41 % Volatility 47.56% – 47.12 % 51.50% – 51.78 % Dividend yield — — The expected life of the share options is based on the midpoints between the available exercise dates (the end of the vesting periods) and the last available exercise date (the contracted expiry date), as adequate historical experience is still not available to provide a reasonable estimate. The share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss as follows: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Cost of revenue $ 159 $ 65 Research and development 295 130 Selling and marketing 261 237 General and administrative 413 300 $ 1,128 $ 732 The changes in outstanding share options were as follows: For the period of six months ended June 30, 2023 (unaudited) 2022 (unaudited) Weighted Weighted Number average Number average of options exercise price of options exercise price $ $ Options at beginning of the period 5,286,884 3.21 3,854,651 1.61 Granted 264,291 4.25 1,317,338 4.17 Exercised (23,126) 0.81 (113,178) 0.98 Forfeited (79,476) 2.64 (204,579) 1.78 Options outstanding at end of the period 5,448,573 3.27 4,854,232 2.31 Options exercisable at end of the period 3,112,899 1.97 2,366,149 1.14 NOTE 6: — SHARE-BASED PAYMENT (continued) Based on the above inputs, the weighted average fair value of the options granted in the periods of six months ended June 30, 2023 and 2022, was determined at $2.16 and $2.1 per option, respectively. The weighted average remaining contractual life for the share options outstanding as of June 30, 2023 was 6.83 years (as of December 31, 2022: 7.28 years). The range of exercise prices for share options outstanding as of June 30, 2023 was $0.00 — $8.44 (as of December 31, 2022 was $0.00 — $8.30).	NOTE 18: — SHARE-BASED COMPENSATION In May 2022 as part of the Group Restructuring, the Company established the Freightos 2022 Long-term Incentive Plan (the “2022 Plan”), which is intended to be a successor to the Company’s 2012 Global Incentive Option Scheme (the “2012 Plan”), such that no additional stock awards will be granted under the 2012 Plan. Any shares that otherwise remained available for future grants under the 2012 Plan ceased to be available under the 2012 Plan and will not be available for grants under the 2022 Plan. In addition, Freightos-HK assigned to the Company all rights, obligations and liabilities under the 2012 Plan and all options to purchase Freightos-HK Ordinary shares that were granted under the 2012 Plan, whether vested or unvested, have been converted into and became options to purchase an identical number of Ordinary shares of the Company under the 2022 Plan. As of December 31, 2022, the Company’s Board of Directors approved an aggregate amount of 8,026,159 share options for grant to employees and consultants of the Group. Out of this amount, an aggregate amount of 1,531,105 share options were exercised into the Company’s Ordinary shares through December 31, 2022. The unallocated pool as of December 31, 2022, December 31, 2021 and December 31, 2020 consisted of 1,208,170, 295,897 and 101,722 share options, respectively. The fair value of share-based awards, granted in 2022, 2021 and 2020, was estimated using the Black-Scholes option-pricing model with the following assumptions: Year ended December 31 2022 2021 2020 Weighted average expected term (years) 5.59-7.23 5.00-6.11 5.95-6.11 Interest rate 1.89%-4.25 % 0.64%-1.34 % 0.38%-1.71 % Volatility 51%-54 % 51%-52 % 45%-51 % Dividend yield — — — The expected life of the share options is based on the midpoints between the available exercise dates (the end of the vesting periods) and the last available exercise date (the contracted expiry date), as adequate historical experience is still not available to provide a reasonable estimate. The share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss as follows: Year ended December 31, 2022 2021 2020 Cost of revenue $ 290 $ 98 $ 95 Research and development 349 184 208 Selling and marketing 524 348 262 General and administrative 743 305 257 $ 1,906 $ 935 $ 822 NOTE 18: — SHARE-BASED COMPENSATION (continued) The changes in outstanding share options were as follows: Year ended December 31, 2022 2021 2020 Weighted Weighted Weighted Number average Number average Number average of options exercise price of options exercise price of options exercise price $ $ $ Options at beginning of year 3,854,974 1.61 3,456,165 1.07 3,332,160 0.92 Granted 2,092,904 5.76 786,636 3.75 1,158,058 1.32 Exercised (275,055) 0.77 (110,738) 0.91 (426,575) 0.44 Forfeited (385,939) 2.82 (277,089) 1.24 (607,478) 1.15 Options outstanding at end of year 5,286,884 3.21 3,854,974 1.61 3,456,165 1.07 Options exercisable at end of year 2,457,312 1.34 2,246,011 1.00 1,834,542 0.90 Based on the above inputs, the weighted average fair value of the options granted in the years ended December 31, 2022 and 2021, was determined at $3.05 and $1.93 per option, respectively. The weighted average remaining contractual life for the share options outstanding as of December 31, 2022 was 7.28 years (as of December 31, 2021: 6.88 years). The range of exercise prices for share options outstanding as of December 31, 2022 was $0.00 — $8.30 (as of December 31, 2021 was $0.00 — $4.17).

CONTINGENT LIABILITIES, GUARANT

CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES	6 Months Ended	12 Months Ended
CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES	Jun. 30, 2023	Dec. 31, 2022
COMMITMENTS AND CONTINGENT LIABILITIES
CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES	NOTE 7: — COMMITMENTS AND CONTINGENT LIABILITIES As of June 30, 2023 the Company issued one bank guarantee to secure certain obligations it has in respect of a lease agreement of its offices in Jerusalem, for a total secured amount of $55. Certain long-term investments in the amount of $255 were pledged by the Israeli Subsidiary in favor of Israeli banks to secure certain activity with the bank, mainly the Group’s hedging activity	NOTE 19: — CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES As of December 31, 2022 the Group issued one bank guarantee to secure certain obligations it has in respect of a lease agreement of its offices in Jerusalem, for total secured amount of $56. A certain short-term investment in the amount of $200 and a certain long-term deposit in the amount of $55 were pledged by the Israeli Subsidiary in favor of Israeli banks to secure certain activity with the bank, mainly the Group’s hedging activity

OPERATING SEGMENTS_2

OPERATING SEGMENTS	6 Months Ended	12 Months Ended
OPERATING SEGMENTS	Jun. 30, 2023	Dec. 31, 2022
OPERATING SEGMENTS
OPERATING SEGMENTS	NOTE 8: — OPERATING SEGMENTS a. General: The operating segments are identified on the basis of information that is reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated and assess their performance. Accordingly, for management purposes, the Group is organized into two operating segments based on the products and services of the business units and has operating segments as follows: 1. Solutions segment . Freightos provides software tools and data to help the freight industry participants automate their pricing, sales, and procurement processes. Revenue includes recurring subscriptions for SaaS or data and certain non-recurring revenue from professional services that enable a user to implement and use the SaaS solution. 2. Platform segment . Freightos provides digitized price quoting, booking and payments while considering actual capacity among global freight participants (the users). The transactional platforms enable freight forwarding companies to procure capacity from carriers, and enable importers and exporters to procure services from freight forwarders, or occasionally, directly from carriers. Revenue is transactional type fees generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. Each segment’s performance is determined based on operating loss reported in the financial statements. The results of a segment reported to the CODM include items attributed directly to a segment, as well as other items, which are indirectly attributed using reasonable assumptions and exclude share-based compensation charges as they are not considered in the internal operating plans and measurement of the segment’s financial performance. NOTE 8: — OPERATING SEGMENTS (continued) b. The following table presents revenue and operating loss per segment: Solutions Platform Unallocated Total For the period of six months ended June 30, 2023 (unaudited) Subscriptions $ 6,179 $ — $ — $ 6,179 SaaS-related professional services 272 — — 272 Transactional Platforms fees — 3,465 — 3,465 Total revenue 6,451 3,465 — 9,916 Operating income (loss) $ 1,324 $ (5,936) $ (59,254) $ (63,866) For the period of six months ended June 30, 2022 (unaudited) Subscriptions $ 5,864 $ — $ — $ 5,864 SaaS-related professional services 615 — — 615 Transactional Platforms fees — 3,069 — 3,069 Total revenue 6,479 3,069 — 9,548 Operating income (loss) $ 871 $ (4,927) $ (5,993) $ (10,049) Unallocated includes corporate expenses and share-based compensation. For the periods of six months ended June 30, 2023 and 2022, no single Solutions customer or Platform user accounted for 10% or more of the Company’s consolidated income. c. The Company’s geographic information on revenue is as follows: Solutions Platform Total For the period of six months ended June 30, 2023 (unaudited) Europe $ 2,465 $ — $ 2,465 Hong Kong 236 1,541 1,777 United States 3,337 1,165 4,502 Other 413 759 1,172 $ 6,451 $ 3,465 $ 9,916 Solutions Platform Total For the period of six months ended June 30, 2022 (unaudited) Europe $ 2,524 $ — $ 2,524 Hong Kong 161 3,069 3,230 United States 3,459 — 3,459 Other 335 — 335 $ 6,479 $ 3,069 $ 9,548 The Company’s revenue from its Solutions segment is classified based on the location of the customers. The Company’s revenue from its Platform segment is classified to its business in Hong Kong except for revenue earned by Clearit or 7LFreight which is classified based on the location of the billing entity. This classification is independent of where the user resides or where the user is physically located while using the Company’s services. As of June 30, 2023, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada due to the purchase of digital customs brokerage business assets and in the US, Hong Kong, Israel, and Spain. As of December 31, 2022, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada and US due to acquisitions (see note 1) and also in Israel, Hong Kong and Spain.	NOTE 20: — OPERATING SEGMENTS a. General: The operating segments are identified on the basis of information that is reviewed by the chief operating decision maker (“CODM”) to make decisions about resources to be allocated and assess its performance. Accordingly, for management purposes, the Group is organized into two operating segments based on the products and services of the business units and has operating segments as follows: 1. Solutions segment . Freightos provides software tools and data to help the industry participants automate their pricing, sales and procurement processes. Revenue includes recurring subscriptions for SaaS or data and certain non-recurring revenue from professional services that enable a user to implement and use the SaaS solution. NOTE 20: — OPERATING SEGMENTS (continued) 2. Platform segment . Freightos provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants (the users). The transactional platforms enable freight forwarding companies to procure capacity from carriers, and enable importers and exporters to procure services from freight forwarders, or occasionally, directly from carriers. Revenue is transactional type fees generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. In 2022, the Platform segment revenue includes also the transactional type revenue from digital customs brokerage services provided by Clearit (see Note 5). Each segment’s performance is determined based on operating loss reported in the financial statements. The results of a segment reported to the CODM include items attributed directly to a segment, as well as other items, which are indirectly attributed using reasonable assumptions and exclude share-based compensation charges as they are not considered in the internal operating plans and measurement of the segment’s financial performance. b. The following table presents revenue and operating loss per segments: Solutions Platform Unallocated Total For the year ended December 31, 2022 Subscriptions $ 11,674 $ — $ — $ 11,674 SaaS related professional services 754 — — 754 Transactional Platforms fees — 6,657 — 6,657 Total revenue 12,428 6,657 — 19,085 Operating profit (loss) $ 2,261 $ (10,250) $ (16,283) $ (24,272) Solutions Platform Unallocated Total For the year ended December 31, 2021 Subscriptions $ 7,259 $ — $ — $ 7,259 SaaS related professional services 574 — — 574 Transactional Platforms fees — 3,284 — 3,284 Total revenue 7,833 3,284 — 11,117 Operating loss $ (667) $ (10,231) $ (5,450) $ (16,348) Solutions Platform Unallocated Total For the year ended December 31, 2020 Subscriptions $ 5,900 $ — $ — $ 5,900 SaaS related professional services 521 — — 521 Transactional Platforms fees — 2,088 — 2,088 Total revenue 6,421 2,088 — 8,509 Operating loss $ (451) $ (8,784) $ (4,699) $ (13,934) Unallocated includes corporate expenses (including in 2022 transaction-related costs and costs associated with the Group Restructuring, see Note 1) and share-based compensation. For the years ended December 31, 2022, 2021 and 2020, no single Solutions customer or Platform user accounted for 10% or more of the Group’s consolidated income. NOTE 20: — OPERATING SEGMENTS (continued) c. The Group’s geographic information on revenue is as follows: Solutions Platform Total For the year ended December 31, 2022 Europe $ 4,618 $ — $ 4,618 Hong Kong 460 3,441 3,901 United States 6,449 1,939 8,388 Other 901 1,277 2,178 $ 12,428 $ 6,657 $ 19,085 Solutions Platform Total For the year ended December 31, 2021 Europe $ 4,322 $ — $ 4,322 Hong Kong 198 3,284 3,482 United States 2,725 — 2,725 Other 588 — 588 $ 7,833 $ 3,284 $ 11,117 Solutions Platform Total For the year ended December 31, 2020 Europe $ 3,724 $ — $ 3,724 Hong Kong 234 2,088 2,322 United States 1,952 — 1,952 Other 511 — 511 $ 6,421 $ 2,088 $ 8,509 The Group’s revenue from its Solutions segment is classified based on the location of the customers. The Group’s revenue from its Platform segment is classified to its business in Hong Kong, except for revenue earned by Clearit or 7LFreight which is classified based on the location of the billing entity. This classification is independent of where the user resides or where the user is physically located while using the Company’s services. As of December 31, 2022, the carrying amounts of non-current assets (property and equipment, right-of-use assets, and intangible assets) are mainly in Canada and US due to acquisitions (see note 5) and also in Israel, Hong Kong and Spain. As of December 31, 2021 the carrying amounts of non-current assets are mainly in the US due to the acquisition of 7LFreight (see Note 5b) and also in Israel, Hong Kong, and Spain.

SELECTED STATEMENTS OF PROFIT O

SELECTED STATEMENTS OF PROFIT OR LOSS DATA	12 Months Ended
SELECTED STATEMENTS OF PROFIT OR LOSS DATA	Dec. 31, 2022
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
SELECTED STATEMENTS OF PROFIT OR LOSS DATA	NOTE 21: — SELECTED STATEMENTS OF PROFIT OR LOSS DATA a. Cost of revenue: Year ended December 31, 2022 2021 2020 Labor $ 4,163 $ 2,307 $ 2,101 Promotion — 35 314 Credit card fees 1,209 1,182 677 Servers 874 651 657 Services and tools 284 169 114 Travel 52 10 45 Depreciation and amortization 920 107 164 Share- based compensation 290 98 95 Other 67 37 106 $ 7,859 $ 4,596 $ 4,273 b. Research and development: Labor $ 8,809 $ 6,828 $ 5,746 Servers 295 257 264 Software 222 199 282 Travel 114 25 41 Depreciation and amortization 387 296 252 Share-based compensation 349 184 208 Other 41 33 117 $ 10,217 $ 7,822 $ 6,910 c. Selling and marketing: Labor $ 5,170 $ 4,953 $ 4,032 Marketing and Promotion () 2,621 1,952 — Digital Advertising 2,276 535 509 Travel 243 78 44 Software tools 185 165 106 Communication and PR 12 21 15 Depreciation and amortization 980 536 755 Share-based compensation 524 348 262 Other 738 186 84 $ 12,749 $ 8,774 $ 5,807 () expense related to share issuance for the DACC (see Note 17d.4). NOTE 21: — SELECTED STATEMENTS OF PROFIT OR LOSS DATA (continued) d. General and administrative: Year ended December 31, 2022 2021 2020 Labor $ 4,716 $ 3,821 $ 2,270 Rent and related 682 373 485 Consulting 2,312 516 536 Office expenses 492 145 285 Software tools 494 233 191 Travel 147 30 18 Depreciation & Amortization 126 159 100 Share-based compensation 743 305 257 Human resources 459 269 70 Bad debt 227 55 174 Changes in the fair value of contingent consideration (935) — — Other 182 367 176 $ 9,645 $ 6,273 $ 4,562

REORGANIZATION

REORGANIZATION	12 Months Ended
REORGANIZATION	Dec. 31, 2022
REORGANIZATION
REORGANIZATION	NOTE 22: REORGANIZATION During 2020 as part of measures taken to cope with the COVID-19 global crisis, the Company decided to reorganize its business units, including a certain workforce reduction. Reorganization expenses comprised mostly of severance payments to employees.

TAXES ON INCOME

TAXES ON INCOME	12 Months Ended
TAXES ON INCOME	Dec. 31, 2022
TAXES ON INCOME
TAXES ON INCOME	NOTE 23: — TAXES ON INCOME a. Tax rates: There is no corporate income tax in the Cayman Islands. As part of the tax ruling obtained from the Israel Tax Authority with respect to the Group Restructuring (see Note 1a) the Company registered for tax purposes in Israel. The statutory corporate income tax rate for the years 2022, 2021 and 2020 in Israel was 23%. The statutory Israeli corporate income tax rate applicable to the Israeli subsidiary, and based on the Company’s assessment that the Israeli subsidiary is eligible for the Preferred Technological Enterprise regime as per Israeli law was 7.5% for the years 2022, 2021 and 2020. Preferred Technological Enterprise, as defined in the Law for the Encouragement of Capital Investments, 1959 (the “Encouragement Law”) in Israel, will be subject to tax at a rate of 7.5% on profits deriving from intellectual property which meets the conditions of being treated as “Preferred Technological Income”, and based on the Israeli subsidiary located in Preferred Area A. Any dividends distributed to “foreign companies”, as defined in the Encouragement Law, deriving from income from the technological enterprise is subject to reduced Israeli withholding tax rate of 20% or lower rates under a relevant tax treaty, if applicable, or 0% if distributed to an Israeli corporation. Other Group’s subsidiaries are separately taxed under the domestic tax laws and rates of the jurisdiction of incorporation of each entity. NOTE 23: — TAXES ON INCOME (continued) b. Tax assessments: Other than the Israeli subsidiary, none of the Group companies received final assessments since their incorporation. The Israeli subsidiary received final tax assessment through tax year 2018. c. Carryforward losses for tax purposes: As of December 31, 2022, the Group had carryforward operating tax losses and carryforward capital tax losses of $87,546 and $5, respectively. Deferred tax assets of approximately $573 relating to other deductible temporary differences (mainly employee benefits and share-based compensation), were recognized in the financial statements. Deferred tax assets of approximately $6,871 and $1,503 relating to carryforward operating losses and other temporary differences (mainly research and development, employee benefits and share-based compensation), respectively, were not recognized because their utilization in the foreseeable future is not probable. d. Deferred income taxes: Statements of financial Statements of position profit or loss December 31, Year ended December 31, 2022 2021 2022 2021 2020 Deferred tax assets: Carryforward tax losses $ — $ 41 $ (41) $ (8) $ (18) Employee benefits and other liabilities 216 199 17 46 25 Share-based compensation 357 337 20 69 58 Deferred tax income (expenses) $ (4) $ 107 $ 65 Deferred tax assets $ 573 $ 577 e. Taxes on income (tax benefit) included in profit or loss: Year ended December 31, 2022 2021 2020 Current taxes $ 134 $ 97 $ 28 Deferred taxes, see also Note 23d above 4 (107) (65) Taxes in respect of previous years 31 14 296 $ 169 $ 4 $ 259 f. Theoretical tax: As Freightos-HK and the Israeli subsidiary incurred operating losses during the years ended December 31, 2022, 2021 and 2020 for which deferred income taxes were not recorded, as mentioned in Note 23c, the reconciliation between the tax expense, assuming that all the income and expenses, gains and losses in the statement of income were taxed at the statutory tax rate, and the taxes on income recorded in profit or loss, does not provide significant information and therefore is not presented.

LOSS PER ORDINARY SHARE_2

LOSS PER ORDINARY SHARE	6 Months Ended	12 Months Ended
LOSS PER ORDINARY SHARE	Jun. 30, 2023	Dec. 31, 2022
LOSS PER ORDINARY SHARE
LOSS PER ORDINARY SHARE	NOTE 9: — LOSS PER ORDINARY SHARE Details of the number of shares and loss used in the computation of basic and diluted loss per share: Number of shares For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted number of Ordinary shares () 41,802,993 7,703,799 For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Loss $ 54,998 $ 10,222 Preferred shares dividend (see Note 5) 638 4,452 For the computation of basic and diluted loss per share $ 55,636 $ 14,674 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,448,573 options to employees and consultants outstanding as of June 30, 2023 under the share-based compensation plan ( 4,854,232 as of June 30, 2022). b. 1,195,671 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in business combinations and other transactions made by the Group in the current and previous periods. ( 1,600,499 as of June 30, 2022). c. 27,660,146 Preferred shares outstanding as of June 30, 2022 (see Notes 1d. and 5). d. 14,850,000 Warrants outstanding as of June 30, 2023.	NOTE 24: — LOSS PER ORDINARY SHARE Details of the number of shares and loss used in the computation of basic and diluted loss per share: Number of shares 2022 2021 2020 Weighted number of Ordinary shares () 7,930,928 6,242,946 5,945,888 Year ended December 31, 2022 2021 2020 Loss $ 24,701 $ 16,358 $ 14,172 Preferred shares dividend (see Note 17e.2) 9,038 8,211 6,498 For the computation of basic and diluted loss per share $ 33,739 $ 24,569 $ 20,670 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,286,884 options to employees and consultants outstanding as of December 31, 2022 under the share-based compensation plan ( 3,854,974 and 3,456,165 as of December 31, 2021 and 2020, respectively). b. 1,228,410 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in a business combination (see Note 5b), as part of the acquisition of a technology asset (see Note 11c) and as part of the launch of the DACC (see Note 17d.4) ( 1,600,499 and nil as of December 31, 2021 and 2020, respectively). c. 27,660,151 Preferred shares outstanding as of December 31, 2022 ( 27,660,151 and 23,323,730 as of December 31, 2021 and 2020, respectively) (see Note 17).

RELATED PARTIES_2

RELATED PARTIES	6 Months Ended	12 Months Ended
RELATED PARTIES	Jun. 30, 2023	Dec. 31, 2022
RELATED PARTIES
RELATED PARTIES	NOTE 10: — RELATED PARTIES a. For the six months ended June 30, 2023, related parties consisted of 9 directors (including the CEO, who is also a key officer and shareholder) who served on the Company’s Board of Directors during the period and 6 other individuals who served as key officers during the period. For the six months ended June 30, 2022, related parties consisted of 7 directors (including the CEO, who was also a key officer and shareholder) who served on either the Company’s or Freightos-HK’s respective Board of Directors during the period and 6 other individuals who served as key officers during the period. NOTE 10: — RELATED PARTIES (continued) b. Related party transactions: The Company entered into a number of commercial agreements with a subsidiary of one of its investors in connection with a number of ocean cargo indexes. The investor’s subsidiary serves as a benchmark administrator for the indexes and the Company serves as the calculating agent of these indexes. In addition, the parties share the revenue from licensing certain data used in calculating the indexes. The total expense accrued by the Company during the six month periods ended June 30, 2023 and 2022 was $95 and $62, respectively. The expense was included under sales and marketing in the consolidated statements of profit or loss. Outstanding balance as of June 30, 2023 was $1 and was included under accrued expenses and other payables. As of December 31, 2022 an outstanding prepaid balance of $31 was included under other receivables and prepaid expenses. Certain of the Company’s investors also conduct business on the Company’s transactional platforms through other of the investors’ respective group members. Fees charged for these users are no more favorable than terms generally available to third parties under the same or similar circumstances. c. Benefits to directors: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Compensation to directors not employed by the Company or on its behalf $ 64 $ — Number of directors entitled to receive the above compensation by the Company 3 — d. Compensation of key management personnel of the Group recognized as an expense during the reporting period: For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Short-term employee benefits $ 1,103 $ 951 Share-based payments 420 360 Post-employment benefits — 9 $ 1,523 $ 1,320 Number of key officers 7 7	NOTE 25: — RELATED PARTIES a. Related parties consist of 9 directors (including the CEO, who is also a shareholder) serving on the Company’s Board of Directors and 7 key officers. b. Related party transactions: The Group entered into a number of commercial agreements with a subsidiary of one of its investors in connection with a number of ocean cargo indexes. The investor’s subsidiary serves as a benchmark administrator for the indexes and the Company serves as the calculating agent of these indexes. In addition, the parties share the revenue from the sale of certain data used in calculating the indexes. The total expense incurred by the Company during the years ended December 31, 2022, 2021 and 2020 was $147, $53 and $4, respectively. The expense was included under sales and marketing in the consolidated statements of profit or loss. As of December 31, 2022 an outstanding prepaid balance of $31 was included under other receivables and prepaid expenses. As of December 31, 2021 an outstanding balance of $55 was included under accrued expenses and other payables. Certain of the Group’s investors also conduct business on the Group’s transactional platforms through other of the investors’ respective group members. Fees charged for these users are no more favorable than terms available to a third party under the same or similar circumstances. NOTE 25: — RELATED PARTIES (continued) c. Benefits to directors: Year ended December 31, 2022 2021 2020 Compensation to directors not employed by the Company or on its behalf $ 60 $ — $ — Number of directors that received the above compensation by the Company 2 — — d. Compensation of key management personnel of the Group recognized as an expense during the reporting period: Year ended December 31, 2022 2021 2020 Short-term employee benefits $ 1,872 $ 1,736 $ 1,211 Share-based payments 758 275 218 Post-employment benefits 22 29 20 $ 2,652 $ 2,040 $ 1,449 Number of key officers 7 7 6

EVENTS AFTER THE REPORTING DA_3

EVENTS AFTER THE REPORTING DATE	6 Months Ended	12 Months Ended
EVENTS AFTER THE REPORTING DATE	Jun. 30, 2023	Dec. 31, 2022
EVENTS AFTER THE REPORTING DATE
EVENTS AFTER THE REPORTING DATE	NOTE 11: — EVENTS AFTER THE REPORTING DATE a. In July 2023 the Company announced and implemented an operational efficiency and cost reduction restructuring plan. These cost-savings initiatives and efficiencies included reducing headcount by approximately 50 employees, or about 13% of the team. This cost reduction plan is intended to manage the Company’s operating expense in response to market conditions and ongoing business prioritization efforts. b. During August 2023 the Company issued 59,368 Ordinary shares to an airline as part of the DACC (see Note 5c).	NOTE 26: — EVENTS AFTER THE REPORTING DATE a. On January 25, 2023 the Company closed the Transactions contemplated by the BCA (see Note 1d). b. At the end of January 2023, the Israeli subsidiary fully repaid a term loan borrowed in October 2022 from an Israeli bank (see Note 14). In February 2023, the Israeli subsidiary terminated a loan facility established with an Israeli bank in April 2022 (see Note 14). The pledges for the benefit of the bank in respect of this facility are in process of removal.

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2023	Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES
Basis of presentation of the financial statements:	a. Basis of presentation of the financial statements: The interim consolidated financial statements have been prepared using accounting policies consistent with IFRS and in accordance with International Accounting Standard (“IAS”) 34 - “Interim Financial Reporting”. The unaudited Company’s interim consolidated financial statements as of June 30, 2023 and for the six months then ended (“interim financial statements”) should be read in conjunction with the audited consolidated financial statements of the Company as of December 31, 2022 and for the year then ended which have been prepared in accordance with IFRS.	a. Basis of presentation of the financial statements: These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The Company’s financial statements have been prepared on a cost basis, except for certain financial instruments presented at fair value through profit or loss and certain employee benefit liabilities, net. The Company has elected to present the profit or loss items using the function of expense method.
Consolidated financial statements:		b. Consolidated financial statements: The consolidated financial statements comprise the financial statements of companies that are controlled by the Company (subsidiaries). Control is achieved when the Company is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Potential voting rights are considered when assessing whether an entity has control. The consolidation of the financial statements commences on the date on which control is obtained and ends when such control ceases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The financial statements of the Company and of the subsidiaries are prepared on the same dates and periods. The consolidated financial statements are prepared using uniform accounting policies by all companies in the Group. Intragroup balances and transactions and gains or losses resulting from intragroup transactions are eliminated in full in the consolidated financial statements.
Functional currency, presentation currency and foreign currency:		c. Functional currency, presentation currency and foreign currency: 1. Functional currency and presentation currency: The consolidated financial statements are presented in U.S. dollar (“USD”), which is the Company’s functional currency. For each subsidiary, the Group determines the functional currency and items included in the financial statements of each subsidiary are measured using that functional currency. The functional currency of all the Group’s subsidiaries is the USD. 2. Transactions, assets and liabilities in foreign currency: Transactions denominated in foreign currency are recorded upon initial recognition at the exchange rate at the date of the transaction. After initial recognition, monetary assets and liabilities denominated in foreign currency are translated at each reporting date into the functional currency at the exchange rate at that date. Non-monetary assets and liabilities denominated in foreign currency are translated using exchange rates at the date of the transaction. Exchange rate differences are recognized in profit or loss.
Cash equivalents:		d. Cash equivalents: Cash equivalents are considered as highly liquid investments, including unrestricted short-term bank deposits with an original maturity of three months or less from the date of investment or with a maturity of more than three months, but which are redeemable on demand without penalty and which form part of Freightos’ cash management. The balance of cash equivalents also includes certain cash amounts held in accounts with third party payment service providers which are already earned and available for disbursement by the Company.
User funds and User accounts:		e. User funds and User accounts: In 2021 the Company entered into arrangements with third party payment service providers to hold funds on behalf of buyers and sellers (“users”) on its Freightos.com and WebCargo eBooking platforms (See Note 2j). User funds consist of buyers’ prepayments, including the Company’s transaction and service fees that would be earned when an order is completed, credits issued upon cancellations and seller fees that have not yet been withdrawn. User accounts represent the corresponding liability to the users. The Company does not have ownership over the funds and does not have the right to direct the funds to be used at will or for its own benefit other than those funds related to transaction and service fees owed to the Company after control has been obtained by the customers.
Property and equipment:		f. Property and equipment: Property and equipment are measured at cost, including directly attributable costs, less accumulated depreciation, accumulated impairment losses and excluding day-to-day servicing expenses, if any. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows: % Computers and hardware 15 – 33 Office furniture and equipment 6 – 20 Leasehold improvements See below Leasehold improvements are depreciated on a straight-line basis over the shorter of the lease term (including reasonably certain options periods) and the estimated useful life of the improvements. The useful life, depreciation method and residual value of an asset are reviewed at least each year-end and any changes are accounted for prospectively as a change in accounting estimate. An item of property and equipment is derecognized upon disposal or when no future economic benefits are expected from its use or disposal.
Business combinations and goodwill:		g. Business combinations and goodwill: Business combinations are accounted for by applying the acquisition method. The cost of the acquisition is measured at the fair value of the consideration transferred on the acquisition date. Direct acquisition costs are carried to the statement of profit or loss as incurred. Contingent consideration is recognized at fair value on the acquisition date and classified as a financial asset or liability in accordance with International Accounting Standard (“IAS”) 39. Subsequent changes in the fair value of the contingent consideration are recognized in profit or loss. If the contingent consideration is classified as an equity instrument, it is measured at fair value on the acquisition date without subsequent remeasurement. Goodwill is initially measured at cost which represents the excess of the acquisition consideration over the net identifiable assets acquired and liabilities assumed. If the resulting amount is negative, the acquirer recognizes the resulting gain on the acquisition date.
Leases:		h. Leases: At inception of a contract, the Company assesses whether a contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date, excluding leases whose term is up to 12 months and leases for which the underlying asset is of low value. For these excluded leases, the Company has elected to recognize the lease payments as an expense in profit or loss on a straight-line basis over the lease term. In measuring the lease liability, the Company has elected to apply the practical expedient in IFRS 16 and does not separate the lease components from the non-lease components included in a single contract. The Company has contracts that are, or contain, leases, for the buildings and offices used for its operations. Leases which entitle employees to a company car as part of their employment terms are accounted for as employee benefits in accordance with the provisions of IAS 19 and not as subleases. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. After the commencement date, the Company measures the lease liability using the effective interest rate method. On the commencement date, the right-of-use asset is recognized in an amount equal to the lease liability plus lease payments already made on or before the commencement date and initial direct costs incurred. The right-of-use asset is measured applying the cost model and depreciated over the shorter of its useful life and the lease term. The periods of depreciation of the right-of-use buildings and offices assets are 2.5 - 3 years. The Company tests for impairment of the right-of-use asset whenever there are indications of impairment pursuant to the provisions of IAS 36. Lease liability is re-measured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company’s estimate of the amount expected to be payable under a residual value guarantee or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is re-measured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. Lease extension and termination options: A non-cancelable lease term includes both the periods covered by an option to extend the lease when it is reasonably certain that the extension option will be exercised and the periods covered by a lease termination option when it is reasonably certain that the termination option will not be exercised. In the event of any change in the expected exercise of the lease extension option or in the expected non-exercise of the lease termination option, the Company remeasures the lease liability based on the revised lease term using a revised discount rate as of the date of the change in expectations. The total change is recognized in the carrying amount of the right-of-use asset until it is reduced to zero, and any further reductions are recognized in profit or loss.
Impairment of non-financial assets:		i. Impairment of non-financial assets: The Company evaluates the need to record an impairment of non-financial assets whenever events or changes in circumstances indicate that the carrying amount is not recoverable. If the carrying amount of non-financial assets exceeds their recoverable amount, the assets are reduced to their recoverable amount. The recoverable amount is the higher of fair value less costs of sale and value in use. In measuring value in use, the expected future cash flows are discounted using a pre-tax discount rate that reflects the risks specific to the asset. The recoverable amount of an asset that does not generate independent cash flows is determined for the cash-generating unit to which the asset belongs. Impairment losses are recognized in profit or loss. An impairment loss of an asset, other than goodwill, is reversed only if there have been changes in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. Reversal of an impairment loss, as above, shall not be increased above the lower of the carrying amount that would have been determined (net of depreciation or amortization) had no impairment loss been recognized for the asset in prior years and its recoverable amount. The reversal of impairment loss of an asset presented at cost is recognized in profit or loss. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Goodwill in respect of subsidiaries: The Company reviews goodwill for impairment once a year, on December 31, or more frequently if events or changes in circumstances indicate that there is an impairment. Goodwill is tested for impairment by assessing the recoverable amount of the cash-generating unit (or group of cash-generating units) to which the goodwill has been allocated. An impairment loss is recognized if the recoverable amount of the cash-generating unit (or group of cash-generating units) to which goodwill has been allocated is less than the carrying amount of the cash-generating unit (or group of cash-generating units). Any impairment loss is allocated first to goodwill. Impairment losses recognized for goodwill cannot be reversed in subsequent periods.
Revenue:		j. Revenue: Revenue from contracts with customers is recognized when the control over the goods or services is transferred to the customer. The transaction price is the amount of the consideration that is expected to be received based on the contract terms, excluding amounts collected on behalf of third parties (such as taxes). In determining the amount of revenue from contracts with customers, the Company evaluates whether it is a principal or an agent in the arrangement. The Company is a principal when the Company controls the promised goods or services before transferring them to the customer. In these circumstances, the Company recognizes revenue for the gross amount of the consideration. When the Company is an agent, it recognizes revenue for the net amount of the consideration, after deducting the amount due to the principal. The Company’s revenue is derived from several sources: ● transaction fees and ancillary services fees on its global freight booking and payments (transactional) platforms - Freightos.com and WebCargo eBooking (the “Platform”), as well as fees for providing customs brokerage services. ● subscriptions and professional services fees from its Solutions offerings. Platform offerings: In its Platform, Freightos provides digitalized price quoting, booking and payments while considering actual capacity among global freight participants. Platform revenue is generated from specific freight-service transactions booked between buyers and sellers on Freightos’ Platform. Platform revenue includes buyer platform fees, seller transaction fees (flat or a percentage of transaction value), fees related to payments or payment terms, and fees related to sales of ancillary services like third party insurance and customs brokerage. The Company’s customers are users of its platform, such as international shippers, freight forwarders, third-party ancillary services providers and air and ocean carriers. Fees are mainly remitted from a third-party payment provider who collects up-front from users and facilitates the payments from buyers to sellers, or are collected directly from carriers. Any prepaid amounts from buyers are recorded simultaneously as an asset under “user funds” and as a corresponding liability to users under “user accounts.” Revenue recognition is deferred until the order is completed. In some cases, the Company offers credit terms to certain buyers on the Freightos.com marketplace. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The Company’s revenue generated by the Platform is primarily related to facilitating and enabling sellers and buyers to contract for international freight. The Company only has one distinct performance obligation in connect with its transactional platforms. The Company earns the transaction fees and service fees, and recognizes revenue, once the user obtains control of the service, which occurs at a point in time upon completion of each order. The Company recognizes revenue on a net basis since the Company acts as an agent on its Platform. The Company does not take responsibility for the sellers’ services, and therefore the Company does not obtain control on the services before they are transferred to the customer. Solutions offerings Freightos provides software tools and data to help industry participants automate their pricing, sales and procurement processes. The Company generates revenue from recurring subscriptions for SaaS and data and recognizes revenue over time when the service is rendered to the customer. The Company also receives revenue from certain non-recurring engineering and customization services associated with SaaS so the Company recognizes this revenue over the subscription period. Costs of obtaining a contract: In order to obtain certain contracts with customers, the Company incurs incremental costs in obtaining the contract (such as sales commissions which are contingent on making binding sales). Costs incurred in obtaining the contract with the customer which would not have been incurred if the contract had not been obtained and which the Company expects to recover are recognized as an asset and amortized on a systematic basis that is consistent with the provision of the services under the specific contract. The Company has elected to apply the practical expedient allowed by IFRS 15 according to which incremental costs of obtaining a contract are recognized as an expense when incurred if the amortization period of the asset is one year or less.
Employee benefit liabilities:		k. Employee benefit liabilities: The Company has several employee benefit plans: 1. Short-term employee benefits: Short-term employee benefits are benefits that are expected to be settled before twelve months after the end of the annual reporting period in which the employees render the related services. These benefits include salaries, paid annual leave, paid sick leave, recreation and social security contributions and are recognized as expenses as the services are rendered. A liability for a cash bonus is recognized when the Company has a legal or constructive obligation to make such payment as a result of past service rendered by an employee and a reliable estimate of the amount can be made. 2. Post-employment benefits: The Company has defined contribution plans for almost all of the employees of the Israeli subsidiary that elected to be included under Section 14 of the Severance Compensation Act, 1963 (“Section 14”). According to Section 14 the Company makes monthly deposits to pension funds or insurance policies in the name of each employee. Once deposits are made, the Israeli subsidiary is released from future severance obligation with respect to these employees, and hence no accrual is recorded, and the aforementioned deposits are not recorded as an asset on the Company’s statements of financial position. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) The company also operates a defined benefit plan for one employee of the Israeli subsidiary that did not elect to be included under Section 14, and for employees of other subsidiaries that are entitled according to their respective domicile’s laws to severance pay upon dismissal or retirement. The Company measured this liability for termination of employment using the projected unit credit method. The actuarial assumptions include expected salary increases and rates of employee turnover based on the estimated timing of payment. The amounts are presented based on discounted expected future cash flows using a discount rate determined by reference to market yields at the reporting date on high quality corporate bonds with a term that is consistent with the estimated term of the severance pay obligation. In respect of its severance pay obligation to certain of its employees, the Company makes current deposits in pension funds and insurance companies (the “plan assets”). Plan assets comprise assets held by a long-term employee benefit fund or qualifying insurance policies. Plan assets are not available to the Company’s own creditors and cannot be returned directly to the Company. The liability for employee benefits shown in the statement of financial position reflects the present value of the defined benefit obligation less the fair value of the plan assets. Remeasurements of the net liability are recognized in other comprehensive income in the period in which they occur. 3. Termination benefits: Termination benefits are created as a result of the Group’s decision to dismiss employees before the normal retirement age or as a result of the employee decision to accept early retirement. A liability for a termination benefit is recognized at the earlier of when the entity can no longer withdraw the offer of the termination benefit and when the entity recognizes any related restructuring costs.
Intangible assets:		l. Intangible assets: Intangible assets acquired separately are measured on initial recognition at cost. Intangible assets acquired in a business combination are measured at fair value at the acquisition date. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and accumulated impairment losses. A summary of the useful economic lives of the intangible assets purchased by the Company is as follows: Years Technology 6 - 7 Trade Name 5.33 Customer relationships 5 - 10.33 Intangible assets with finite lives are amortized on a straight-line basis over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may be impaired. The amortization period and the amortization method for an intangible asset with a finite useful life are reviewed at least at each year end. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the statement of profit or loss in the expense category that is consistent with the function of the intangible assets. Research and development expenditures: Research expenditures are recognized in profit or loss when incurred. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) Costs incurred in an internal development project are recognized as an intangible asset only if the Company can demonstrate the technical feasibility of completing the intangible asset so that it will be available for use or sale; the Company’s intention to complete the intangible asset and use or sell it; the ability to use or sell the intangible asset; how the intangible asset will generate future economic benefits; the availability of adequate technical, financial and other resources to complete the intangible asset; and the ability to measure reliably the expenditures attributable to the intangible asset during its development. For all the reporting periods, the above criteria have not been met and therefore all development costs have been recognized as an expense in profit or loss.
Taxes on income:		m. Taxes on income: Current or deferred taxes are recognized in profit or loss, except to the extent that they relate to items which are recognized in other comprehensive income or equity. 1. Current taxes: The current tax liability is measured using the tax rates and tax laws that have been enacted or substantively enacted by the reporting date as well as adjustments required in connection with the tax liability in respect of previous years. 2. Deferred taxes: Deferred taxes are computed in respect of temporary differences between the carrying amounts in the financial statements and the amounts attributed for tax purposes. Deferred taxes are measured at the tax rate that is expected to apply when the asset is realized or the liability is settled, based on tax laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets are reviewed at each reporting date and reduced to the extent that it is not probable that they will be utilized. Deductible carryforward losses and temporary differences for which deferred tax assets had not been recognized are reviewed at each reporting date and a respective deferred tax asset is recognized to the extent that their utilization is probable. The taxes that would apply in the event that the investments in subsidiaries were realized were not taken into account in the calculation of the deferred taxes, since the Company intends to hold and develop these investments. In addition, the deferred taxes on the distribution of earnings by subsidiaries as dividends were not taken into account, since the dividends are not taxable or since a decision has been made not to distribute taxable dividends in the foreseeable future. Deferred taxes are offset if there is a legally enforceable right to offset a current tax asset against a current tax liability and the deferred taxes relate to the same taxpayer and the same taxation authority. 3. Uncertain tax positions: Uncertain tax positions arise from tax treatments applied by the Company which may be challenged by the tax authorities due to the complexity of the transaction or different interpretation of the tax laws, a claim for rectification brought by the Company, an appeal for a refund claimed from the tax authorities related to additional assessments or a tax investigation by the tax authorities. The Company recognizes its uncertain tax positions in the consolidated financial statements in accordance with IAS 12 Income Taxes NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued)
Financial instruments:		n. 1. Financial assets: Financial assets are measured upon initial recognition at fair value plus transaction costs that are directly attributable to the acquisition of the financial assets, except for financial assets measured at fair value through profit or loss in respect of which transaction costs are recorded in profit or loss. The Company classifies and measures debt instruments in the financial statements based on the following criteria: ● The Company’s business model for managing financial assets; and ● The contractual cash flow terms of the financial asset. Debt instruments are measured at amortized cost when the Company’s business model is to hold the financial assets in order to collect their contractual cash flows, and the contractual terms of the financial assets give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. After initial recognition, the instruments in this category are measured according to their terms at amortized cost using the effective interest rate method, less any provision for impairment. On the date of initial recognition, the Company may irrevocably designate a debt instrument as measured at fair value through profit or loss if doing so eliminates or significantly reduces a measurement or recognition inconsistency, such as when a related financial liability is also measured at fair value through profit or loss. 2. Impairment of financial assets: The Company has short-term financial assets such as trade receivables in respect of which the Company applies the simplified approach in IFRS 9 and measures the loss allowance in an amount equal to the lifetime expected credit losses. 3. Derecognition of financial assets: A financial asset is derecognized only when: ● The contractual rights to the cash flows from the financial asset have expired; or ● The Company has transferred substantially all the risks and rewards deriving from the contractual rights to receive cash flows from the financial asset or has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset; or ● The Company has retained its contractual rights to receive cash flows from the financial asset but has assumed a contractual obligation to pay the cash flows in full without material delay to a third party. 4. Financial liabilities: a) Financial liabilities measured at amortized cost: Financial liabilities are initially recognized at fair value less transaction costs that are directly attributable to the issue of the financial liability. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) After initial recognition, the Company measures all financial liabilities at amortized cost using the effective interest rate method, except for: ● Financial liabilities measured at fair value through profit or loss; ● Financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition or when the continuing involvement approach applies; ● Contingent consideration recognized by an acquirer in a business combination to which IFRS 3 applies. b) Financial liabilities measured at fair value through profit or loss: At initial recognition, the Company designates a financial liability in respect of contingent consideration in a business combination as measured at fair value through profit or loss. At initial recognition, the Company measures these financial liabilities at fair value. Transaction costs are recognized in profit or loss. After initial recognition, changes in fair value are recognized in profit or loss. 5. Derecognition of financial liabilities: A financial liability is derecognized only when it is extinguished, that is when the obligation specified in the contract is discharged or canceled or expires. A financial liability is extinguished when the debtor discharges the liability by paying in cash, other financial assets, goods or services; or is legally released from the liability. 6. Extinguishing financial liabilities with equity instruments: Equity instruments issued to replace a debt are measured at the fair value of the equity instruments issued if their fair value can be reliably measured. If their fair value cannot be reliably measured, the equity instruments are measured based on the fair value of the financial liability extinguished on the date of extinguishment. The difference between the carrying amount of the financial liability extinguished and the fair value of the equity instruments issued is recognized in profit or loss.
Fair value measurement:		o. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurement is based on the assumption that the transaction will take place in the asset’s or the liability’s principal market, or in the absence of a principal market, in the most advantageous market. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. Fair value measurement of a non-financial asset takes into account a market participant’s ability to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset in its highest and best use. The Company uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) All assets and liabilities measured at fair value or for which fair value is disclosed are categorized into levels within the fair value hierarchy based on the lowest level input that is significant to the entire fair value measurement: Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - inputs other than quoted prices included within Level 1 that are observable directly or indirectly. Level 3 - inputs that are not based on observable market data (valuation techniques which use inputs that are not based on observable market data).
Provisions:		p. A provision in accordance with IAS 37 is recognized when the Company has a present obligation (legal or constructive) as a result of a past event, it is expected to require the use of economic resources to settle the obligation and a reliable estimate can be made of it. As of December 31, 2022 and 2021 the Company did not recognize any provisions on its consolidated statements of financial position.
Loss per share:		q. Loss per share is calculated by dividing the loss attributable to the Company’s shareholders by the weighted number of Ordinary shares outstanding during the period. Potential Ordinary shares are only included in the computation of diluted loss per share when their conversion increases loss per share or decreases income per share. Potential Ordinary shares that are converted during the period are included in diluted loss per share only until the conversion date.
Share-based payment transactions:		r. From time to time, the Company grants to its employees and service providers remuneration in the form of equity-settled share-based instruments, mainly options to purchase Ordinary shares. In addition, the Company settled certain transactions, such as in an acquisition of a certain technology asset, by transferring Ordinary or Preferred shares. Equity-settled transactions: The cost of equity-settled transactions with employees is measured at the fair value of the equity instruments granted at grant date. The fair value is determined using an acceptable option pricing model. With respect to other service providers, the cost of the transactions is measured at the fair value of the goods or services received as consideration for equity instruments. In cases where the fair value of the goods or services received as consideration of equity instruments cannot be measured, they are measured by reference to the fair value of the equity instruments granted. The cost of equity-settled transactions is recognized in profit or loss, together with a corresponding increase in equity, during the period which the performance or service conditions are to be satisfied, ending on the date on which the relevant employees become fully entitled to the award (“the vesting period”). NOTE 2: — SIGNIFICANT ACCOUNTING POLICIES (continued) No expense is recognized for awards that do not ultimately vest. With respect to acquisition of assets settled by issuing and transferring of equity instruments the cost of the transactions is measured at the fair value of the equity instruments transferred and is recognized as the cost basis of the acquired assets.

SIGNIFICANT ACCOUNTING POLICI_6

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES
Summary of the useful economic lives of the intangible assets	Years Technology 6 - 7 Trade Name 5.33 Customer relationships 5 - 10.33

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	12 Months Ended
BUSINESS COMBINATIONS (Tables)	Dec. 31, 2022
Clearit Customs Services, Inc
BUSINESS COMBINATIONS
Summary of fair value at closing of the consideration transferred	Cash $ 817 Current assets 559 Property and equipment 12 Customer relations 1,972 Technology 3,762 Goodwill 7,607 Current liabilities (1,551) $ 13,178
Summary the fair value of acquired assets and assumed liabilities and the resulting goodwill as of the acquisition	Cash paid $ 4,837 Shares issued 6,573 Fair value of contingent consideration 1,768 $ 13,178
Summary of supplemental consolidated financial results on an unaudited pro forma basis as if acquisition had been consummated on January 1, 2020	Year ended December 31, 2022 (unaudited) Proforma revenue $ 19,322 Proforma loss (25,027) Proforma loss per Ordinary share $ (3.11)
T9 Technologies LLC [Member]
BUSINESS COMBINATIONS
Summary of fair value at closing of the consideration transferred	Cash $ 127 Current assets 52 Property and equipment 4 Customer relations 850 Technology 1,763 Goodwill 5,723 Current liabilities (29) $ 8,490
Summary the fair value of acquired assets and assumed liabilities and the resulting goodwill as of the acquisition	Cash paid $ 4,650 Shares issued 2,465 Fair value of contingent consideration 1,375 $ 8,490

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	6 Months Ended	12 Months Ended
FINANCIAL INSTRUMENTS (Tables)	Jun. 30, 2023	Dec. 31, 2022
FAIR VALUE MEASUREMENT
Schedule of maturity profile of financial liabilities based on contractual undiscounted payments (including interest payments)		December 31, 2022 Less than one year 1 to 2 years 2 to 3 years Total Trade payables $ 3,234 $ — $ — $ 3,234 User accounts 3,328 — — 3,328 Accrued expenses and other payables 4,750 — — 4,750 Short-term bank loan and credit 2,505 — — 2,505 Lease liabilities 657 422 2 1,081 Contingent consideration 286 1,250 1,000 2,536 $ 14,760 $ 1,672 $ 1,002 $ 17,434 December 31, 2021: Less than one year 1 to 2 years 2 to 3 years Total Trade payables $ 587 $ — $ — $ 587 User accounts 9,201 — — 9,201 Accrued expenses and other payables 2,873 — — 2,873 Lease liabilities 702 658 467 1,827 Contingent consideration 300 300 — 600 $ 13,663 $ 958 $ 467 $ 15,088
Schedule of changes in liabilities arising from financing activities		Total liabilities arising Short-term from Long-term Lease Contingent bank loan and financing bank loan liabilities consideration credit activities Balance as of December 31, 2020 $ 368 $ 2,020 $ — $ — $ 2,388 New leases — 305 — — 305 Modification — 49 — — 49 Contingent payment for a business combination — — 1,375 — 1,375 Cash flows (364) (574) — — (938) Currency revaluations (4) (57) — (61) Balance as of December 31, 2021 — 1,743 1,375 — 3,118 New leases — 74 — — 74 Contingent payment for a business combination — — 1,768 — 1,768 Changes in the fair value of contingent consideration — — (1,037) — (1,037) Cash flows — (688) — 2,505 1,817 Currency revaluations — (121) — — (121) Balance as of December 31, 2022 $ — $ 1,008 $ 2,106 $ 2,505 $ 5,619
Schedule of fair value measurement hierarchy for financial instruments assets and liabilities carried at fair value	Fair value hierarchy (unaudited) As of June 30, 2023: Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instrument $ 25 $ — $ — $ 25 Liabilities measured at fair value: Other current liabilities - contingent payments for business combinations — — (521) (521) Other current liabilities - hedge instruments (74) — — (74) Other long-term liabilities - contingent payments for business combinations — — (433) (433) Warrants liability $ (3,522) $ — $ — $ (3,522) Fair value hierarchy (audited) As of December 31, 2022: Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instrument $ 12 $ — $ — $ 12 Liabilities measured at fair value: Other current liabilities - contingent payments for business combinations — — (729) (729) Other current liabilities - hedge instruments (66) — — (66) Other long-term liabilities - contingent payments for business combinations $ — $ — $ (1,377) $ (1,377)	As of December 31, 2022: Fair value hierarchy Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instruments $ 12 $ — $ — $ 12 Liabilities measured at fair value: Other current liabilities - contingent payment for a business combination — — (729) (729) Other current payables - hedge instruments (66) — — (66) Other long-term liabilities - contingent payment for a business combination $ — $ — $ (1,377) $ (1,377) NOTE 6: — FINANCIAL INSTRUMENTS (continued) As of December 31, 2021: Fair value hierarchy Level 1 Level 2 Level 3 Total Assets measured at fair value: Other current receivables - hedge instruments $ 19 $ — $ — $ 19 Liabilities measured at fair value: Other current liabilities - contingent payment for a business combination — — (688) (688) Other current payables - hedge instruments (10) — — (10) Other long-term liabilities - contingent payment for a business combination $ — $ — $ (687) $ (687)
Schedule of changes in level 3	Accrued expenses and Other long- other payables term liabilities Total Fair value as of December 31, 2022 $ 729 $ 1,377 $ 2,106 Change in fair value (375) (528) (903) Payment (249) — (249) Classification of current maturity 416 (416) — $ 521 $ 433 $ 954	Accrued expenses and Other long- other term payables liabilities Total Fair value as of December 31, 2021 $ 688 $ 687 $ 1,375 Business combination (see Note 5a) — 1,768 1,768 Change in fair value (263) (774) (1,037) Classification of current maturity 304 (304) — $ 729 $ 1,377 $ 2,106

TRADE RECEIVABLES, NET (Tables)

TRADE RECEIVABLES, NET (Tables)	12 Months Ended
TRADE RECEIVABLES, NET (Tables)	Dec. 31, 2022
TRADE RECEIVABLES, NET
Schedule of trade receivables, net	December 31, 2022 2021 Open accounts $ 2,025 $ 1,762 Less - allowance for doubtful accounts (89) (95) Trade receivables, net $ 1,936 $ 1,667
Schedule of movement in allowance for doubtful accounts	Balance as of January 1, 2021 $ 107 Provision for the year 133 Derecognition of bad debts (64) Reversal in respect of collected doubtful accounts (78) Currency revaluations (3) Balance as of December 31, 2021 95 Provision for the year 252 Derecognition of bad debts (248) Reversal in respect of collected doubtful accounts (25) Initially consolidated subsidiary 15 Balance as of December 31, 2022 $ 89
Schedule of credit risk exposure of the company's trade receivables	December 31, 2022: Past due trade receivables Not <30 31 – 60 61 – 90 91 – 120 >120 past due days days days days days Total $in thousands Gross carrying amount $ 1,130 $ 533 $ 120 $ 27 $ 71 $ 144 $ 2,025 Allowance for doubtful accounts $ 6 $ 8 $ 18 $ 11 $ 6 $ 40 $ 89 December 31, 2021: Past due trade receivables Not <30 31 – 60 61 – 90 91 – 120 >120 past due Days days days days days Total $in thousands Gross carrying amount $ 729 $ 650 $ 146 $ 77 $ 93 $ 67 $ 1,762 Allowance for doubtful accounts $ — $ 1 $ 7 $ 8 $ 15 $ 64 $ 95

OTHER RECEIVABLES AND PREPAID_2

OTHER RECEIVABLES AND PREPAID EXPENSES (Tables)	12 Months Ended
OTHER RECEIVABLES AND PREPAID EXPENSES (Tables)	Dec. 31, 2022
OTHER RECEIVABLES AND PREPAID EXPENSES
Schedule of other receivables and prepaid expenses	December 31, 2022 2021 Prepaid expenses $ 449 $ 718 Government authorities 536 128 Short-term investments 200 — Other 30 38 $ 1,215 $ 884

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT, NET (Tables)	Dec. 31, 2022
PROPERTY AND EQUIPMENT, NET
Schedule of property and equipment, net	December 31, 2022: Office Computer furniture Leasehold equipment and equipment Improvements Total Cost: Balance at January 1, 2022 $ 656 $ 288 $ 953 $ 1,897 Initially consolidated subsidiary 1 7 4 12 Additions 173 64 14 251 Deductions (42) (38) (34) (114) Balance at December 31, 2022 788 321 937 2,046 Accumulated depreciation: Balance at January 1, 2022 426 195 574 1,195 Additions 109 17 67 193 Deductions (37) (38) (34) (109) Balance at December 31, 2022 498 174 607 1,279 Depreciated cost at December 31, 2022 $ 290 $ 147 $ 330 $ 767 December 31, 2021: Office Computer furniture Leasehold equipment and equipment Improvements Total Cost: Balance at January 1, 2021 $ 523 $ 286 $ 950 $ 1,759 Initially consolidated subsidiary 4 — — 4 Additions 176 2 3 181 Deductions (47) — — (47) Balance at December 31, 2021 656 288 953 1,897 Accumulated depreciation: Balance at January 1, 2021 381 174 459 1,014 Additions 90 21 115 226 Deductions (45) — — (45) Balance at December 31, 2021 426 195 574 1,195 Depreciated cost at December 31, 2021 $ 230 $ 93 $ 379 $ 702

LEASES (Tables)

LEASES (Tables)	12 Months Ended
LEASES (Tables)	Dec. 31, 2022
LEASES
Schedule of information on leases	December 31, 2022 2021 Interest expense on lease liabilities $ 49 $ 51 Total cash outflow for leases $ 737 $ 625
Schedule of disclosures in respect of right-of-use assets	Right-of-use Accumulated Right-of-use leased offices depreciation assets, net Balance as of January 1, 2021 $ 2,570 $ (416) $ 2,154 Addition 305 (519) (214) Modification 49 — 49 Rent deposits (6) — (6) Balance as of December 31, 2021 2,918 (935) 1,983 Addition 74 (655) (581) Rent deposits (18) — (18) Balance as of December 31, 2022 $ 2,974 $ (1,590) $ 1,384

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	Dec. 31, 2022
GOODWILL AND INTANGIBLE ASSETS, NET
Schedule of goodwill and intangible assets, net	2022: Trade Customer Customer Goodwill Technology Name relationships database Total Cost: Balance as of January 1, 2022 $ 8,021 $ 3,509 $ 85 $ 3,508 $ 200 $ 15,323 Initially consolidated company 7,607 3,762 — 1,972 — 13,341 Balance as of December 31, 2022 15,628 7,271 85 5,480 200 28,664 Accumulated amortization and impairment: Balance as of January 1, 2022 — 378 85 1,372 171 2,006 Amortization recognized in the year — 764 — 772 29 1,565 Balance as of December 31, 2022 — 1,142 85 2,144 200 3,571 Amortized cost at December 31, 2022 $ 15,628 $ 6,129 $ — $ 3,336 $ — $ 25,093 2021: Trade Customer Customer Goodwill Technology Name relationships database Total Cost: Balance as of January 1, 2021 $ 2,298 $ 378 $ 85 $ 2,658 $ 200 $ 5,619 Initially consolidated company 5,723 1,763 — 850 — 8,336 Purchases — 1,368 — — — 1,368 Balance as of December 31, 2021 8,021 3,509 85 3,508 200 15,323 Accumulated amortization and impairment: Balance as of January 1, 2021 — 378 69 1,115 91 1,653 Amortization recognized in the year — — 16 257 80 353 Balance as of December 31, 2021 — 378 85 1,372 171 2,006 Amortized cost at December 31, 2021 $ 8,021 $ 3,131 $ — $ 2,136 $ 29 $ 13,317

OTHER LONG-TERM ASSETS (Tables)

OTHER LONG-TERM ASSETS (Tables)	12 Months Ended
OTHER LONG-TERM ASSETS (Tables)	Dec. 31, 2022
OTHER LONG-TERM ASSETS
Schedule of other long-term assets	December 31, 2022 2021 Deposits () $ 1,012 $ 658 Other 6 9 $ 1,018 $ 667 () Deposits mainly to secure payments to an airline and to support currency hedging activity, a bank guarantee and credit cards.

ACCRUED EXPENSES AND OTHER PA_2

ACCRUED EXPENSES AND OTHER PAYABLES (Tables)	12 Months Ended
ACCRUED EXPENSES AND OTHER PAYABLES (Tables)	Dec. 31, 2022
ACCRUED EXPENSES AND OTHER PAYABLES
Schedule of accrued expenses and other payables	December 31, 2022 2021 Employees and payroll accruals $ 1,560 $ 1,807 Accrued expenses 2,993 725 Deferred revenues 1,921 1,989 Advances from customers — 70 Contingent consideration (see Note 5) 729 688 Other 197 271 $ 7,400 $ 5,550

SHORT-TERM BANK LOAN AND CRED_2

SHORT-TERM BANK LOAN AND CREDIT (Tables)	12 Months Ended
SHORT-TERM BANK LOAN AND CREDIT (Tables)	Dec. 31, 2022
SHORT-TERM BANK LOAN AND CREDIT
Summary of Sort-term bank loan and other	December 31, 2022 2021 Short-term bank loan () $ 2,500 $ — Other 5 — $ 2,505 $ — () In October 2022, the Israeli subsidiary entered into a term loan agreement with an Israeli bank, pursuant to which the Israeli subsidiary borrowed $2,500 , to be repaid no later than March 31, 2023. The term loan bore an interest at Term SOFR rate plus 6.0% per annum payable monthly. The term loan was repaid in full in January 2023.

OTHER LONG TERM LIABILITIES (Ta

OTHER LONG TERM LIABILITIES (Tables)	12 Months Ended
OTHER LONG TERM LIABILITIES (Tables)	Dec. 31, 2022
OTHER LONG TERM LIABILITIES
Schedule of other long term liabilities	December 31, 2022 2021 Contingent consideration (see Note 5) $ 1,377 $ 687 $ 1,377 $ 687

EMPLOYEE BENEFIT LIABILITIES,_2

EMPLOYEE BENEFIT LIABILITIES, NET (Tables)	12 Months Ended
EMPLOYEE BENEFIT LIABILITIES, NET (Tables)	Dec. 31, 2022
EMPLOYEE BENEFIT LIABILITIES, NET
Schedule of contributions and contributions for benefits represent defined contribution plans	Year ended December 31, 2022 2021 2020 Expenses – defined contribution plan $ 461 $ 544 $ 429
Schedule of changes in the defined benefit obligation and fair value of plan assets	Changes in the defined benefit obligation and fair value of plan assets: 2022 2021 Defined benefit obligation: Balance as of January 1, $ 1,474 $ 1,080 Current service cost 296 321 Payments (142) (46) Net interest expense 38 26 Total expenses recognized in profit or loss for the period 192 301 Loss (profit) from remeasurement in other comprehensive loss – actuarial loss, net (275) 85 Effect of changes in foreign exchange rates (25) 8 Balance as of December 31, 1,366 1,474 Fair value of plan assets: Balance as of January 1, (84) (71) Net interest income (2) (2) Loss (gain) from remeasurement in other comprehensive gain, net 8 (4) Effect of changes in foreign exchange rates 10 (3) Contributions (4) (4) Balance as of December 31, (72) (84) Net defined liability: Balance as of January 1, 1,390 1,009 Current service cost 296 321 Payments (142) (46) Net interest expense 36 24 Total expenses recognized in profit or loss for the period 190 299 Loss (gain) from remeasurement in other comprehensive loss – actuarial loss, net (267) 81 Effect of changes in foreign exchange rates (15) 5 Contributions (4) (4) Balance as of December 31, $ 1,294 $ 1,390
Schedule of principal assumptions underlying the defined benefit plan	NOTE 16: — EMPLOYEE BENEFIT LIABILITIES, NET (continued) The principal assumptions underlying the defined benefit plan: 2022 2021 % Discount rate () 4.9 - 5.2 2.5 - 2.9 Expected rate of salary increase 5 5 Number of years Life expectation at the age of 65 8.3 - 13.2 9.4 - 14.2 () The discount rate is based on high-quality CPI-linked corporate bonds for the defined benefit obligation in Israel or high-quality USD corporate bonds for other countries.

EQUITY (Tables)

EQUITY (Tables)	6 Months Ended	12 Months Ended
EQUITY (Tables)	Jun. 30, 2023	Dec. 31, 2022
EQUITY
Schedule of composition of share capital	Issued and Authorized outstanding June 30, 2023 Ordinary shares of $0.00001 per share 350,000,000 47,481,609 Preferred shares of $0.00001 per share 1,000,000 — Issued and Authorized () outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 () In January 2023 the authorized Ordinary share capital was increased to 350,000,000 .	Issued and Authorized (*) outstanding December 31, 2022 Ordinary shares of $0.00001 per share 16,232,651 8,478,437 Series Seed Preferred shares of $0.00001 per share 698,000 2,455,606 Series A1 Preferred shares of $0.00001 per share 1,314,285 4,623,734 Series A2 Preferred shares of $0.00001 per share 264,983 932,227 Series B Preferred shares of $0.00001 per share 2,352,445 8,276,043 Series C Preferred shares of $0.00001 per share 5,232,616 11,372,541 26,094,980 36,138,588 Issued and outstanding December 31, 2021 Ordinary shares 6,946,638 Series Seed Preferred shares 2,455,606 Series A1 Preferred shares 4,623,734 Series A2 Preferred shares 932,227 Series B Preferred shares 8,276,043 Series C Preferred shares 11,372,541 34,606,789
Schedule of movement in issued and outstanding share capital	Number of shares Balance as of January 1, 2023 36,138,588 Issuance of Ordinary shares 32,739 Issuance of Ordinary shares in connection with the closing of the BCA 11,287,156 Exercise of employees’ options into Ordinary shares 23,126 Balance as of June 30, 2023 47,481,609	Number of shares Balance as of January 1, 2021 29,514,698 Issuance of Preferred shares (see Notes 17d.1 and 17d.3) 4,336,421 Issuance of Ordinary shares (see Notes 17d.2 and 17d.4) 644,932 Exercise of employees’ options into Ordinary shares 110,738 Balance as of December 31, 2021 34,606,789 Issuance of Ordinary shares (see Notes 17d.4 and 17d.5) 1,256,744 Exercise of employees’ options into Ordinary shares 275,055 Balance as of December 31, 2022 36,138,588

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended	12 Months Ended
SHARE-BASED COMPENSATION (Tables)	Jun. 30, 2023	Dec. 31, 2022
SHARE-BASED PAYMENT
Summary of assumptions used for estimating fair value of share-based awards, granted	For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted average expected term (years) 5.96 – 6.37 5.97 – 6.10 Interest rate 4.18% – 4.21 % 1.89% – 2.41 % Volatility 47.56% – 47.12 % 51.50% – 51.78 % Dividend yield — —	Year ended December 31 2022 2021 2020 Weighted average expected term (years) 5.59-7.23 5.00-6.11 5.95-6.11 Interest rate 1.89%-4.25 % 0.64%-1.34 % 0.38%-1.71 % Volatility 51%-54 % 51%-52 % 45%-51 % Dividend yield — — —
Summary of share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss	For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Cost of revenue $ 159 $ 65 Research and development 295 130 Selling and marketing 261 237 General and administrative 413 300 $ 1,128 $ 732	Year ended December 31, 2022 2021 2020 Cost of revenue $ 290 $ 98 $ 95 Research and development 349 184 208 Selling and marketing 524 348 262 General and administrative 743 305 257 $ 1,906 $ 935 $ 822
Summary of changes in outstanding share options	For the period of six months ended June 30, 2023 (unaudited) 2022 (unaudited) Weighted Weighted Number average Number average of options exercise price of options exercise price $ $ Options at beginning of the period 5,286,884 3.21 3,854,651 1.61 Granted 264,291 4.25 1,317,338 4.17 Exercised (23,126) 0.81 (113,178) 0.98 Forfeited (79,476) 2.64 (204,579) 1.78 Options outstanding at end of the period 5,448,573 3.27 4,854,232 2.31 Options exercisable at end of the period 3,112,899 1.97 2,366,149 1.14	Year ended December 31, 2022 2021 2020 Weighted Weighted Weighted Number average Number average Number average of options exercise price of options exercise price of options exercise price $ $ $ Options at beginning of year 3,854,974 1.61 3,456,165 1.07 3,332,160 0.92 Granted 2,092,904 5.76 786,636 3.75 1,158,058 1.32 Exercised (275,055) 0.77 (110,738) 0.91 (426,575) 0.44 Forfeited (385,939) 2.82 (277,089) 1.24 (607,478) 1.15 Options outstanding at end of year 5,286,884 3.21 3,854,974 1.61 3,456,165 1.07 Options exercisable at end of year 2,457,312 1.34 2,246,011 1.00 1,834,542 0.90

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)	6 Months Ended	12 Months Ended
OPERATING SEGMENTS (Tables)	Jun. 30, 2023	Dec. 31, 2022
OPERATING SEGMENTS
Schedule of revenue and operating loss per segments	Solutions Platform Unallocated Total For the period of six months ended June 30, 2023 (unaudited) Subscriptions $ 6,179 $ — $ — $ 6,179 SaaS-related professional services 272 — — 272 Transactional Platforms fees — 3,465 — 3,465 Total revenue 6,451 3,465 — 9,916 Operating income (loss) $ 1,324 $ (5,936) $ (59,254) $ (63,866) For the period of six months ended June 30, 2022 (unaudited) Subscriptions $ 5,864 $ — $ — $ 5,864 SaaS-related professional services 615 — — 615 Transactional Platforms fees — 3,069 — 3,069 Total revenue 6,479 3,069 — 9,548 Operating income (loss) $ 871 $ (4,927) $ (5,993) $ (10,049)	Solutions Platform Unallocated Total For the year ended December 31, 2022 Subscriptions $ 11,674 $ — $ — $ 11,674 SaaS related professional services 754 — — 754 Transactional Platforms fees — 6,657 — 6,657 Total revenue 12,428 6,657 — 19,085 Operating profit (loss) $ 2,261 $ (10,250) $ (16,283) $ (24,272) Solutions Platform Unallocated Total For the year ended December 31, 2021 Subscriptions $ 7,259 $ — $ — $ 7,259 SaaS related professional services 574 — — 574 Transactional Platforms fees — 3,284 — 3,284 Total revenue 7,833 3,284 — 11,117 Operating loss $ (667) $ (10,231) $ (5,450) $ (16,348) Solutions Platform Unallocated Total For the year ended December 31, 2020 Subscriptions $ 5,900 $ — $ — $ 5,900 SaaS related professional services 521 — — 521 Transactional Platforms fees — 2,088 — 2,088 Total revenue 6,421 2,088 — 8,509 Operating loss $ (451) $ (8,784) $ (4,699) $ (13,934)
Schedule of geographic information on revenue	Solutions Platform Total For the period of six months ended June 30, 2023 (unaudited) Europe $ 2,465 $ — $ 2,465 Hong Kong 236 1,541 1,777 United States 3,337 1,165 4,502 Other 413 759 1,172 $ 6,451 $ 3,465 $ 9,916 Solutions Platform Total For the period of six months ended June 30, 2022 (unaudited) Europe $ 2,524 $ — $ 2,524 Hong Kong 161 3,069 3,230 United States 3,459 — 3,459 Other 335 — 335 $ 6,479 $ 3,069 $ 9,548	Solutions Platform Total For the year ended December 31, 2022 Europe $ 4,618 $ — $ 4,618 Hong Kong 460 3,441 3,901 United States 6,449 1,939 8,388 Other 901 1,277 2,178 $ 12,428 $ 6,657 $ 19,085 Solutions Platform Total For the year ended December 31, 2021 Europe $ 4,322 $ — $ 4,322 Hong Kong 198 3,284 3,482 United States 2,725 — 2,725 Other 588 — 588 $ 7,833 $ 3,284 $ 11,117 Solutions Platform Total For the year ended December 31, 2020 Europe $ 3,724 $ — $ 3,724 Hong Kong 234 2,088 2,322 United States 1,952 — 1,952 Other 511 — 511 $ 6,421 $ 2,088 $ 8,509

SELECTED STATEMENTS OF PROFIT_2

SELECTED STATEMENTS OF PROFIT OR LOSS DATA (Tables)	12 Months Ended
SELECTED STATEMENTS OF PROFIT OR LOSS DATA (Tables)	Dec. 31, 2022
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Schedule of cost of revenue	Year ended December 31, 2022 2021 2020 Labor $ 4,163 $ 2,307 $ 2,101 Promotion — 35 314 Credit card fees 1,209 1,182 677 Servers 874 651 657 Services and tools 284 169 114 Travel 52 10 45 Depreciation and amortization 920 107 164 Share- based compensation 290 98 95 Other 67 37 106 $ 7,859 $ 4,596 $ 4,273
Schedule of research and development	Labor $ 8,809 $ 6,828 $ 5,746 Servers 295 257 264 Software 222 199 282 Travel 114 25 41 Depreciation and amortization 387 296 252 Share-based compensation 349 184 208 Other 41 33 117 $ 10,217 $ 7,822 $ 6,910
Schedule of selling and marketing	Labor $ 5,170 $ 4,953 $ 4,032 Marketing and Promotion () 2,621 1,952 — Digital Advertising 2,276 535 509 Travel 243 78 44 Software tools 185 165 106 Communication and PR 12 21 15 Depreciation and amortization 980 536 755 Share-based compensation 524 348 262 Other 738 186 84 $ 12,749 $ 8,774 $ 5,807 () expense related to share issuance for the DACC (see Note 17d.4).
Schedule of general and administrative	Year ended December 31, 2022 2021 2020 Labor $ 4,716 $ 3,821 $ 2,270 Rent and related 682 373 485 Consulting 2,312 516 536 Office expenses 492 145 285 Software tools 494 233 191 Travel 147 30 18 Depreciation & Amortization 126 159 100 Share-based compensation 743 305 257 Human resources 459 269 70 Bad debt 227 55 174 Changes in the fair value of contingent consideration (935) — — Other 182 367 176 $ 9,645 $ 6,273 $ 4,562

TAXES ON INCOME (Tables)

TAXES ON INCOME (Tables)	12 Months Ended
TAXES ON INCOME (Tables)	Dec. 31, 2022
TAXES ON INCOME
Schedule of deferred income taxes	Statements of financial Statements of position profit or loss December 31, Year ended December 31, 2022 2021 2022 2021 2020 Deferred tax assets: Carryforward tax losses $ — $ 41 $ (41) $ (8) $ (18) Employee benefits and other liabilities 216 199 17 46 25 Share-based compensation 357 337 20 69 58 Deferred tax income (expenses) $ (4) $ 107 $ 65 Deferred tax assets $ 573 $ 577
Schedule of taxes on income (tax benefit) included in profit or loss	Year ended December 31, 2022 2021 2020 Current taxes $ 134 $ 97 $ 28 Deferred taxes, see also Note 23d above 4 (107) (65) Taxes in respect of previous years 31 14 296 $ 169 $ 4 $ 259

LOSS PER ORDINARY SHARE (Tables

LOSS PER ORDINARY SHARE (Tables)	6 Months Ended	12 Months Ended
LOSS PER ORDINARY SHARE (Tables)	Jun. 30, 2023	Dec. 31, 2022
LOSS PER ORDINARY SHARE
Schedule of number of shares and loss used in the computation of basic and diluted loss	Number of shares For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Weighted number of Ordinary shares () 41,802,993 7,703,799 For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Loss $ 54,998 $ 10,222 Preferred shares dividend (see Note 5) 638 4,452 For the computation of basic and diluted loss per share $ 55,636 $ 14,674 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,448,573 options to employees and consultants outstanding as of June 30, 2023 under the share-based compensation plan ( 4,854,232 as of June 30, 2022). b. 1,195,671 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in business combinations and other transactions made by the Group in the current and previous periods. ( 1,600,499 as of June 30, 2022). c. 27,660,146 Preferred shares outstanding as of June 30, 2022 (see Notes 1d. and 5). d. 14,850,000 Warrants outstanding as of June 30, 2023.	Number of shares 2022 2021 2020 Weighted number of Ordinary shares () 7,930,928 6,242,946 5,945,888 Year ended December 31, 2022 2021 2020 Loss $ 24,701 $ 16,358 $ 14,172 Preferred shares dividend (see Note 17e.2) 9,038 8,211 6,498 For the computation of basic and diluted loss per share $ 33,739 $ 24,569 $ 20,670 () The computation of diluted loss per share did not take into account potential Ordinary shares (detailed below) due to their anti-dilutive effect: a. 5,286,884 options to employees and consultants outstanding as of December 31, 2022 under the share-based compensation plan ( 3,854,974 and 3,456,165 as of December 31, 2021 and 2020, respectively). b. 1,228,410 Ordinary shares to be issued contingent upon future conditions, as part of a consideration in a business combination (see Note 5b), as part of the acquisition of a technology asset (see Note 11c) and as part of the launch of the DACC (see Note 17d.4) ( 1,600,499 and nil as of December 31, 2021 and 2020, respectively). c. 27,660,151 Preferred shares outstanding as of December 31, 2022 ( 27,660,151 and 23,323,730 as of December 31, 2021 and 2020, respectively) (see Note 17).

RELATED PARTIES (Tables)

RELATED PARTIES (Tables)	6 Months Ended	12 Months Ended
RELATED PARTIES (Tables)	Jun. 30, 2023	Dec. 31, 2022
RELATED PARTIES
Schedule of benefits to directors	For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Compensation to directors not employed by the Company or on its behalf $ 64 $ — Number of directors entitled to receive the above compensation by the Company 3 —	Year ended December 31, 2022 2021 2020 Compensation to directors not employed by the Company or on its behalf $ 60 $ — $ — Number of directors that received the above compensation by the Company 2 — —
Schedule of compensation of key management personnel	For the period of six months ended June 30, 2023 2022 (unaudited) (unaudited) Short-term employee benefits $ 1,103 $ 951 Share-based payments 420 360 Post-employment benefits — 9 $ 1,523 $ 1,320 Number of key officers 7 7	Year ended December 31, 2022 2021 2020 Short-term employee benefits $ 1,872 $ 1,736 $ 1,211 Share-based payments 758 275 218 Post-employment benefits 22 29 20 $ 2,652 $ 2,040 $ 1,449 Number of key officers 7 7 6

GENERAL (Details)_2

GENERAL (Details) $ / shares in Units, $ in Thousands		6 Months Ended		12 Months Ended
GENERAL (Details) $ / shares in Units, $ in Thousands	Jan. 25, 2023 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) item segment $ / shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) segment item $ / shares	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
GENERAL
Par value per share \| $ / shares		$ 0.00001		$ 0.00001
Minimum number of importers/exporters \| item		10,000		10,000
Number of segments \| segment		2		2
Reorganization						$ 891
Accumulated deficit		$ (173,704)		$ (118,706)	$ (94,005)
Loss		(54,998)	$ (10,222)	(24,701)	(16,358)	(14,172)
Cash flow from operating activities		$ (18,809)	$ (7,003)	$ (14,908)	$ (17,324)	$ (8,274)
Ordinary shares
GENERAL
Par value per share \| $ / shares		$ 0.00001		$ 0.00001
Preferred stock conversion shares \| shares	1
Backstop Investor
GENERAL
Purchase price of issued units	$ 10,000
Exchange for ordinary shares \| shares	1,000,000
Number of warrants issued \| shares	100,000
Forward purchase agreement
GENERAL
Units issued \| shares	4,000,000
Purchase price of issued units	$ 40,000
Capital raise from related party tranasaction				$ 82,439
Forward purchase agreement \| Ordinary shares
GENERAL
Common stock conversion share split ratio. \| $ / shares	$ 3.51806
Common stock converted into option to purchase price \| $ / shares	3.51806
Conversion of common stock exercise price \| $ / shares	$ 3.51806
Backstop agreement \| Ordinary shares
GENERAL
Purchase price of issued units	$ 10,000
Exchange for ordinary shares \| shares	1,000,000
Backstop agreement \| Backstop Investor
GENERAL
Number of warrants issued \| shares	500,000
PIPE Agreement
GENERAL
Units issued \| shares	1,000,000
Purchase price of issued units	$ 10,000

SIGNIFICANT ACCOUNTING POLICI_7

SIGNIFICANT ACCOUNTING POLICIES - Property and equipment (Details)	12 Months Ended
	Dec. 31, 2022
Computers and hardware \| Minimum
Property and equipment
Annual rate (%)	15%
Computers and hardware \| Maximum
Property and equipment
Annual rate (%)	33%
Office furniture and equipment \| Minimum
Property and equipment
Annual rate (%)	6%
Office furniture and equipment \| Maximum
Property and equipment
Annual rate (%)	20%

SIGNIFICANT ACCOUNTING POLICI_8

SIGNIFICANT ACCOUNTING POLICIES - Leases (Details)	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES - Leases (Details)	Dec. 31, 2022
Minimum
Leases
Periods of depreciation of the right-of-use buildings and offices assets (in years)	2 years 6 months
Maximum
Leases
Periods of depreciation of the right-of-use buildings and offices assets (in years)	3 years

SIGNIFICANT ACCOUNTING POLICI_9

SIGNIFICANT ACCOUNTING POLICIES - Impairment of non-financial assets (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
SIGNIFICANT ACCOUNTING POLICIES
Impairment loss	$ 0

SIGNIFICANT ACCOUNTING POLIC_10

SIGNIFICANT ACCOUNTING POLICIES - Employee benefit liabilities (Details) $ in Thousands	Dec. 31, 2022 USD ($)
SIGNIFICANT ACCOUNTING POLICIES
Accrual for defined contribution plans	$ 0

SIGNIFICANT ACCOUNTING POLIC_11

SIGNIFICANT ACCOUNTING POLICIES - Share-based payment transactions (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SIGNIFICANT ACCOUNTING POLICIES
Amount of expense recognized	$ 1,128	$ 732	$ 1,906	$ 935	$ 822

SIGNIFICANT ACCOUNTING POLIC_12

SIGNIFICANT ACCOUNTING POLICIES - Intangible assets (Details)	12 Months Ended
	Dec. 31, 2022
Technology \| Minimum
SIGNIFICANT ACCOUNTING POLICIES
Useful economic lives of the intangible assets	6 years
Technology \| Maximum
SIGNIFICANT ACCOUNTING POLICIES
Useful economic lives of the intangible assets	7 years
Trade Name
SIGNIFICANT ACCOUNTING POLICIES
Useful economic lives of the intangible assets	5 years 3 months 29 days
Customer relationships \| Minimum
SIGNIFICANT ACCOUNTING POLICIES
Useful economic lives of the intangible assets	5 years
Customer relationships \| Maximum
SIGNIFICANT ACCOUNTING POLICIES
Useful economic lives of the intangible assets	10 years 3 months 29 days

BUSINESS COMBINATIONS - General

BUSINESS COMBINATIONS - General (Details)	1 Months Ended		6 Months Ended		12 Months Ended
BUSINESS COMBINATIONS - General (Details)	Feb. 28, 2022 USD ($) Options	Dec. 31, 2021 USD ($) Options	Jun. 30, 2023 USD ($) Options	Jun. 30, 2022 USD ($) Options	Dec. 31, 2022 USD ($) Options	Dec. 31, 2021 USD ($) Options	Dec. 31, 2020 USD ($) Options
BUSINESS COMBINATIONS
Amount of cash paid				$ 4,183,000	$ 4,183,000	$ 4,367,000
Number of shares issued for acquisition \| Options		1,600,499	1,195,671	1,600,499	1,228,410	1,600,499	0
Adjustment of working capital			$ 3,929,000	$ (1,390,000)	$ (3,688,000)	$ 4,896,000	$ (3,993,000)
Contingent consideration liabilities		$ 1,375,000				$ 1,375,000
Ordinary shares
BUSINESS COMBINATIONS
Number of shares issued for acquisition		143,988				143,988
9T Technologies LLC
BUSINESS COMBINATIONS
Total cash consideration		$ 600,000			150,000	$ 600,000
Contingent consideration liabilities under long term liabilities					$ 729,000
Acquisition related costs		42,000
9T Technologies LLC \| Working capital adjustment
BUSINESS COMBINATIONS
Total cash consideration		$ 4,500,000				$ 4,500,000
9T Technologies LLC \| Ordinary shares
BUSINESS COMBINATIONS
Number of shares issued for acquisition \| Options		359,968			35,997	359,968
9T Technologies LLC \| Ordinary shares \| First milestone
BUSINESS COMBINATIONS
Number of shares issued for acquisition \| Options		32,739				32,739
Contingent consideration liabilities under long term liabilities		$ 136,000				$ 136,000
9T Technologies LLC \| Ordinary shares \| Working capital adjustment
BUSINESS COMBINATIONS
Shares issued		$ 2,465,000				$ 2,465,000
Clearit Customs Services, Inc
BUSINESS COMBINATIONS
Total cash consideration	$ 5,000,000
Adjustment of working capital	163,000
Contingent consideration liabilities					$ 0
Acquisition related costs	135,000
Clearit Customs Services, Inc \| Milestones over period 2023
BUSINESS COMBINATIONS
Contingent consideration liabilities under long term liabilities					2,250,000
Clearit Customs Services, Inc \| Milestones over period 2024
BUSINESS COMBINATIONS
Contingent consideration liabilities under long term liabilities					$ 1,377,000
Clearit Customs Services, Inc \| Maximum
BUSINESS COMBINATIONS
Contingent consideration liabilities	3,500,000
Clearit Customs Services, Inc \| Valuation method
BUSINESS COMBINATIONS
Contingent consideration liabilities	$ 1,768,000
Clearit Customs Services, Inc \| Ordinary shares
BUSINESS COMBINATIONS
Number of shares issued for acquisition	959,907
Shares issued	$ 6,573,000

BUSINESS COMBINATIONS - Fair va

BUSINESS COMBINATIONS - Fair value of the consideration transferred and fair value of the acquired assets and assumed liabilities and the resulting goodwill as of the acquisition date (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Feb. 28, 2022	Dec. 31, 2021
9T Technologies LLC
Fair value of the consideration transferred:
Cash paid	$ 150		$ 600
9T Technologies LLC \| Fair Value at Closing
Fair value of the consideration transferred:
Cash paid			4,650
Shares issued			2,465
Fair value of contingent consideration			1,375
Total purchase price			$ 8,490
Clearit Customs Services, Inc
Fair value of the consideration transferred:
Cash paid		$ 5,000
Clearit Customs Services, Inc \| Fair Value at Closing
Fair value of the consideration transferred:
Cash paid		4,837
Shares issued		6,573
Fair value of contingent consideration		1,768
Total purchase price		$ 13,178

BUSINESS COMBINATIONS - supplem

BUSINESS COMBINATIONS - supplemental consolidated financial results on an unaudited pro forma basis, as if the 7LFreight acquisition had been consummated on January 1, 2020 (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares
BUSINESS COMBINATIONS
Proforma revenue	$ 19,322
Proforma loss	$ (25,027)
Proforma loss per Ordinary share \| $ / shares	$ (3.11)

BUSINESS COMBINATIONS - Additio

BUSINESS COMBINATIONS - Additional information (Details) - USD ($) $ in Thousands	1 Months Ended
	Feb. 28, 2022	Dec. 31, 2021	Dec. 31, 2022	Jun. 30, 2022
BUSINESS COMBINATIONS
Property and equipment		$ 4	$ 12	$ 12
Acquisition of subsidiaries, net of cash acquired		4,367	$ 4,183	$ 4,183
9T Technologies LLC
BUSINESS COMBINATIONS
Acquisition related costs		42
9T Technologies LLC \| Fair Value at Closing
BUSINESS COMBINATIONS
Cash		127
Current assets		52
Property and equipment		4
Customer relations		850
Technology		1,763
Goodwill		5,723
Current liabilities		(29)
Acquisition of subsidiaries, net of cash acquired		$ 8,490
Clearit Customs Services, Inc
BUSINESS COMBINATIONS
Acquisition related costs	$ 135
Clearit Customs Services, Inc \| Fair Value at Closing
BUSINESS COMBINATIONS
Cash	817
Current assets	559
Property and equipment	12
Customer relations	1,972
Technology	3,762
Goodwill	7,607
Current liabilities	(1,551)
Acquisition of subsidiaries, net of cash acquired	$ 13,178

FINANCIAL INSTRUMENTS - Foreign

FINANCIAL INSTRUMENTS - Foreign currency risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Foreign currency risk
FINANCIAL INSTRUMENTS
Transaction exposure	$ 600	$ 1,242

FINANCIAL INSTRUMENTS - Liquidi

FINANCIAL INSTRUMENTS - Liquidity risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
FINANCIAL INSTRUMENTS
Short-term bank loan and credit	$ 2,505
Liquidity risk
FINANCIAL INSTRUMENTS
Trade payables	3,234	$ 587
User accounts	3,328	9,201
Accrued expenses and other payables	4,750	2,873
Short-term bank loan and credit	2,505
Lease liabilities	1,081	1,827
Contingent consideration	2,536	600
Total	17,434	15,088
Liquidity risk \| Less than one year
FINANCIAL INSTRUMENTS
Trade payables	3,234	587
User accounts	3,328	9,201
Accrued expenses and other payables	4,750	2,873
Short-term bank loan and credit	2,505
Lease liabilities	657	702
Contingent consideration	286	300
Total	14,760	13,663
Liquidity risk \| 1 to 2 years
FINANCIAL INSTRUMENTS
Lease liabilities	422	658
Contingent consideration	1,250	300
Total	1,672	958
Liquidity risk \| 2 to 3 years
FINANCIAL INSTRUMENTS
Lease liabilities	2	467
Contingent consideration	1,000
Total	$ 1,002	$ 467

FINANCIAL INSTRUMENTS - Changes

FINANCIAL INSTRUMENTS - Changes in liabilities arising from financing activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance as of beginning	$ 3,118	$ 2,388
New leases	74	305
Modification		49
Contingent payment for a business combination	1,768	1,375
Changes in the fair value of contingent consideration	(1,037)
Cash flows	1,817	(938)
Currency revaluations	(121)	(61)
Balance as of ending	5,619	3,118
Long-term bank loan
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance as of beginning		368
Cash flows		(364)
Currency revaluations		(4)
Lease liabilities
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance as of beginning	1,743	2,020
New leases	74	305
Modification		49
Cash flows	(688)	(574)
Currency revaluations	(121)	(57)
Balance as of ending	1,008	1,743
Contingent consideration
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Balance as of beginning	1,375
Contingent payment for a business combination	1,768	1,375
Changes in the fair value of contingent consideration	(1,037)
Balance as of ending	2,106	$ 1,375
Short-term bank loan and credit
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Cash flows	2,505
Balance as of ending	$ 2,505

FINANCIAL INSTRUMENTS - Fair va

FINANCIAL INSTRUMENTS - Fair value measurement hierarchy for financial instruments assets and liabilities carried at fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Other current liabilities - contingent payment for a business combination
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	$ (521)	$ (729)	$ (688)
Other current liabilities - contingent payment for a business combination \| Level 3
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	(521)	(729)	(688)
Other Current Payables, Hedge Instruments [Member]
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	(74)	(66)	(10)
Other Current Payables, Hedge Instruments [Member] \| Level 1
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	(74)	(66)	(10)
Other long-term liabilities - contingent payment for a business combination
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	(433)	(1,377)	(687)
Other long-term liabilities - contingent payment for a business combination \| Level 3
FINANCIAL INSTRUMENTS
Liabilities measured at fair value	(433)	(1,377)	(687)
Other current receivables - hedge instruments
FINANCIAL INSTRUMENTS
Assets measured at fair value	25	12	19
Other current receivables - hedge instruments \| Level 1
FINANCIAL INSTRUMENTS
Assets measured at fair value	$ 25	$ 12	$ 19

FINANCIAL INSTRUMENTS - chang_2

FINANCIAL INSTRUMENTS - changes in level 3 (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
FINANCIAL INSTRUMENTS
Business combination		$ (1,037)
Level 3
FINANCIAL INSTRUMENTS
Fair value as beginning balance	$ 2,106	1,375
Business combination		1,768
Change in fair value	(903)	(1,037)
Fair value as ending balance	954	2,106
Level 3 \| Accrued expenses and other payables
FINANCIAL INSTRUMENTS
Fair value as beginning balance	729	688
Change in fair value	(375)	(263)
Classification of current maturity	(416)	304
Fair value as ending balance	521	729
Level 3 \| Other long- term liabilities
FINANCIAL INSTRUMENTS
Fair value as beginning balance	1,377	687
Business combination		1,768
Change in fair value	(528)	(774)
Classification of current maturity	416	(304)
Fair value as ending balance	$ 433	$ 1,377

TRADE RECEIVABLES, NET (Details

TRADE RECEIVABLES, NET (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
TRADE RECEIVABLES, NET
Trade receivables, net	$ 2,177	$ 1,936	$ 1,667
Gross carrying amount
TRADE RECEIVABLES, NET
Trade receivables, net		2,025	1,762
Less - allowance for doubtful accounts
TRADE RECEIVABLES, NET
Trade receivables, net		$ 89	$ 95

TRADE RECEIVABLES, NET - Moveme

TRADE RECEIVABLES, NET - Movement in allowance for doubtful accounts (Details) - Trade receivables - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Movement in allowance for doubtful accounts:
Balance as of beginning	$ 95	$ 107
Provision for the year	252	133
Derecognition of bad debts	(248)	(64)
Reversal in respect of collected doubtful accounts	(25)	(78)
Initially consolidated subsidiary	15
Currency revaluations		(3)
Balance as of ending	$ 89	$ 95

TRADE RECEIVABLES, NET - Credit

TRADE RECEIVABLES, NET - Credit risk exposure (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
TRADE RECEIVABLES, NET
Trade receivables	$ 2,177	$ 1,936	$ 1,667
Gross carrying amount
TRADE RECEIVABLES, NET
Trade receivables		2,025	1,762
Gross carrying amount \| Current
TRADE RECEIVABLES, NET
Trade receivables		1,130	729
Gross carrying amount \| Less than 30 days
TRADE RECEIVABLES, NET
Trade receivables		533	650
Gross carrying amount \| 31 - 60 days
TRADE RECEIVABLES, NET
Trade receivables		120	146
Gross carrying amount \| 61 - 90 days
TRADE RECEIVABLES, NET
Trade receivables		27	77
Gross carrying amount \| 91 - 120 days
TRADE RECEIVABLES, NET
Trade receivables		71	93
Gross carrying amount \| > 120 days
TRADE RECEIVABLES, NET
Trade receivables		144	67
Allowance for doubtful accounts
TRADE RECEIVABLES, NET
Trade receivables		89	95
Allowance for doubtful accounts \| Current
TRADE RECEIVABLES, NET
Trade receivables		6
Allowance for doubtful accounts \| Less than 30 days
TRADE RECEIVABLES, NET
Trade receivables		8	1
Allowance for doubtful accounts \| 31 - 60 days
TRADE RECEIVABLES, NET
Trade receivables		18	7
Allowance for doubtful accounts \| 61 - 90 days
TRADE RECEIVABLES, NET
Trade receivables		11	8
Allowance for doubtful accounts \| 91 - 120 days
TRADE RECEIVABLES, NET
Trade receivables		6	15
Allowance for doubtful accounts \| > 120 days
TRADE RECEIVABLES, NET
Trade receivables		$ 40	$ 64

OTHER RECEIVABLES AND PREPAID_3

OTHER RECEIVABLES AND PREPAID EXPENSES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
OTHER RECEIVABLES AND PREPAID EXPENSES
Prepaid expenses		$ 449	$ 718
Government authorities		536	128
Short-term investments	$ 31,119	200
Other		30	38
Total	$ 2,289	$ 1,215	$ 884

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
PROPERTY AND EQUIPMENT, NET
Balance at beginning	$ 702
Balance at ending	767	$ 702
Cost
PROPERTY AND EQUIPMENT, NET
Balance at beginning	1,897	1,759
Initially consolidated subsidiary	12	4
Additions	251	181
Deductions	(114)	(47)
Balance at ending	2,046	1,897
Accumulated depreciation
PROPERTY AND EQUIPMENT, NET
Balance at beginning	1,195	1,014
Additions, Accumulated depreciation	193	226
Deductions	(109)	(45)
Balance at ending	1,279	1,195
Computer equipment
PROPERTY AND EQUIPMENT, NET
Balance at beginning	230
Balance at ending	290	230
Computer equipment \| Cost
PROPERTY AND EQUIPMENT, NET
Balance at beginning	656	523
Initially consolidated subsidiary	1	4
Additions	173	176
Deductions	(42)	(47)
Balance at ending	788	656
Computer equipment \| Accumulated depreciation
PROPERTY AND EQUIPMENT, NET
Balance at beginning	426	381
Additions, Accumulated depreciation	109	90
Deductions	(37)	(45)
Balance at ending	498	426
Office furniture and equipment
PROPERTY AND EQUIPMENT, NET
Balance at beginning	93
Balance at ending	147	93
Office furniture and equipment \| Cost
PROPERTY AND EQUIPMENT, NET
Balance at beginning	288	286
Initially consolidated subsidiary	7
Additions	64	2
Deductions	(38)
Balance at ending	321	288
Office furniture and equipment \| Accumulated depreciation
PROPERTY AND EQUIPMENT, NET
Balance at beginning	195	174
Additions, Accumulated depreciation	17	21
Deductions	(38)
Balance at ending	174	195
Leasehold Improvements
PROPERTY AND EQUIPMENT, NET
Balance at beginning	379
Balance at ending	330	379
Leasehold Improvements \| Cost
PROPERTY AND EQUIPMENT, NET
Balance at beginning	953	950
Initially consolidated subsidiary	4
Additions	14	3
Deductions	(34)
Balance at ending	937	953
Leasehold Improvements \| Accumulated depreciation
PROPERTY AND EQUIPMENT, NET
Balance at beginning	574	459
Additions, Accumulated depreciation	67	115
Deductions	(34)
Balance at ending	$ 607	$ 574

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	12 Months Ended
LEASES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
LEASES
Weighted average lease term (in years)	1 year 9 months 18 days	2 years 9 months 18 days
Interest expense on lease liabilities	$ 49	$ 51
Total cash outflow for leases	737	625
Balance as of beginning	1,983	2,154
Addition	(581)	(214)
Modification		49
Rent deposits	(18)	(6)
Balance as of ending	1,384	1,983
Gross carrying amount
LEASES
Balance as of beginning	2,918	2,570
Addition	74	305
Modification		49
Rent deposits	(18)	(6)
Balance as of ending	2,974	2,918
Accumulated depreciation and amortisation
LEASES
Balance as of beginning	(935)	(416)
Addition	(655)	(519)
Balance as of ending	$ (1,590)	$ (935)
Minimum
LEASES
Discount rate (in percent)	0.40%
Maximum
LEASES
Discount rate (in percent)	6.10%

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS, NET (Details)	12 Months Ended
GOODWILL AND INTANGIBLE ASSETS, NET (Details)	Dec. 31, 2022 USD ($) Options	Dec. 31, 2021 USD ($) Options shares	Jun. 30, 2023 Options	Jun. 30, 2022 Options	Aug. 31, 2021 USD ($)	Dec. 31, 2020 Options	Aug. 31, 2016 USD ($)
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	$ 13,317,000
Initially consolidated company		$ 8,336,000
Balance as of ending	25,093,000	13,317,000
Impairment loss of intangible assets including goodwill	$ 0	$ 0
Shares issued to Gesher shareholders \| Options	1,228,410	1,600,499	1,195,671	1,600,499		0
Sales and marketing expenses
GOODWILL AND INTANGIBLE ASSETS, NET
Amortization recognized in the year	$ 801,000
WebCargo
GOODWILL AND INTANGIBLE ASSETS, NET
Total deal consideration							$ 5,293,000
Goodwill					$ 2,298,000
Acquisition of interlining technology and other assets of major airline group
GOODWILL AND INTANGIBLE ASSETS, NET
Shares issued to Gesher shareholders		158,327
Value of Preferred shares issued	1,368,000	$ 1,368,000
Number of additional shares to be issued \| shares		316,658
Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	15,323,000	$ 5,619,000
Initially consolidated company	13,341,000
Purchases		1,368,000
Balance as of ending	28,664,000	15,323,000
Accumulated amortization and impairment
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	2,006,000	1,653,000
Amortization recognized in the year	1,565,000	353,000
Balance as of ending	3,571,000	2,006,000
Accumulated amortization and impairment \| Cost of revenue
GOODWILL AND INTANGIBLE ASSETS, NET
Amortization recognized in the year	764,000
Accumulated amortization and impairment \| Sales and marketing expenses
GOODWILL AND INTANGIBLE ASSETS, NET
Amortization recognized in the year		353,000
Goodwill
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	8,021,000
Initially consolidated company		5,723,000
Balance as of ending	15,628,000	8,021,000
Goodwill \| Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	8,021,000	2,298,000
Initially consolidated company	7,607,000
Balance as of ending	15,628,000	8,021,000
Technology
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	3,131,000
Initially consolidated company		1,763,000
Balance as of ending	6,129,000	3,131,000
Technology \| Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	3,509,000	378,000
Initially consolidated company	3,762,000
Purchases		1,368,000
Balance as of ending	7,271,000	3,509,000
Technology \| Accumulated amortization and impairment
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	378,000	378,000
Amortization recognized in the year	764,000
Balance as of ending	1,142,000	378,000
Trade Name \| Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	85,000	85,000
Balance as of ending	85,000	85,000
Trade Name \| Accumulated amortization and impairment
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	85,000	69,000
Amortization recognized in the year		16,000
Balance as of ending	85,000	85,000
Customer relationships
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	2,136,000
Initially consolidated company		850,000
Balance as of ending	3,336,000	2,136,000
Customer relationships \| Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	3,508,000	2,658,000
Initially consolidated company	1,972,000
Balance as of ending	5,480,000	3,508,000
Customer relationships \| Accumulated amortization and impairment
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	1,372,000	1,115,000
Amortization recognized in the year	772,000	257,000
Balance as of ending	2,144,000	1,372,000
Customer database
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	29,000
Balance as of ending		29,000
Customer database \| Cost
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	200,000	200,000
Balance as of ending	200,000	200,000
Customer database \| Accumulated amortization and impairment
GOODWILL AND INTANGIBLE ASSETS, NET
Balance as of beginning	171,000	91,000
Amortization recognized in the year	29,000	80,000
Balance as of ending	$ 200,000	$ 171,000

OTHER LONG-TERM ASSETS (Details

OTHER LONG-TERM ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
OTHER LONG-TERM ASSETS
Deposits	$ 1,012	$ 658
Other	6	9
Total	$ 1,018	$ 667

ACCRUED EXPENSES AND OTHER PA_3

ACCRUED EXPENSES AND OTHER PAYABLES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
ACCRUED EXPENSES AND OTHER PAYABLES
Employees and payroll accruals		$ 1,560	$ 1,807
Accrued expenses		2,993	725
Deferred revenues		1,921	1,989
Advances from customers			70
Contingent consideration		729	688
Other		197	271
Total	$ 6,268	$ 7,400	$ 5,550

SHORT-TERM BANK LOAN AND CRED_3

SHORT-TERM BANK LOAN AND CREDIT (Details) $ in Thousands	Dec. 31, 2022 USD ($)
SHORT-TERM BANK LOAN AND CREDIT
Short-term bank loan and credit	$ 2,505
Sort-term bank loan
SHORT-TERM BANK LOAN AND CREDIT
Short-term bank loan and credit	2,500
Other
SHORT-TERM BANK LOAN AND CREDIT
Short-term bank loan and credit	$ 5

SHORT-TERM BANK LOAN AND CRED_4

SHORT-TERM BANK LOAN AND CREDIT - Additional information (Details) - USD ($) $ in Thousands	Oct. 31, 2022	Apr. 12, 2022
Sort-term bank loan
SHORT-TERM BANK LOAN AND CREDIT
Amount borrowed	$ 2,500
Variable spread interest rate (in percent)	6%
Loan agreement and related agreements
SHORT-TERM BANK LOAN AND CREDIT
Maximum borrowing capacity		$ 6,000

OTHER LONG TERM LIABILITIES (De

OTHER LONG TERM LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
OTHER LONG TERM LIABILITIES
Contingent consideration		$ 1,377	$ 687
Total	$ 433	$ 1,377	$ 687

EMPLOYEE BENEFIT LIABILITIES,_3

EMPLOYEE BENEFIT LIABILITIES, NET (Details) - USD ($)	12 Months Ended
EMPLOYEE BENEFIT LIABILITIES, NET (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
EMPLOYEE BENEFIT LIABILITIES, NET
Expenses - defined contribution plan	$ 461	$ 544	$ 429

EMPLOYEE BENEFIT LIABILITIES,_4

EMPLOYEE BENEFIT LIABILITIES, NET - Changes in the defined benefit obligation and fair value of plan assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Defined benefit plans
Balance as of January 1,	$ 1,390	$ 1,009
Current service cost	296	321
Payments	(142)	(46)
Net interest expense (income)	36	24
Total expenses recognized in profit or loss for the period	190	299
Loss (gain) from remeasurement in other comprehensive loss gain	(267)	81
Effect of changes in foreign exchange rates	(15)	5
Contributions	(4)	(4)
Balance as of December 31,	1,294	1,390
Defined benefit obligation
Defined benefit plans
Balance as of January 1,	1,474	1,080
Current service cost	296	321
Payments	(142)	(46)
Net interest expense (income)	38	26
Total expenses recognized in profit or loss for the period	192	301
Loss (gain) from remeasurement in other comprehensive loss gain	(275)	85
Effect of changes in foreign exchange rates	(25)	8
Balance as of December 31,	1,366	1,474
Fair value of plan assets
Defined benefit plans
Balance as of January 1,	(84)	(71)
Net interest expense (income)	(2)	(2)
Loss (gain) from remeasurement in other comprehensive loss gain	8	(4)
Effect of changes in foreign exchange rates	10	(3)
Contributions	(4)	(4)
Balance as of December 31,	$ (72)	$ (84)

EMPLOYEE BENEFIT LIABILITIES,_5

EMPLOYEE BENEFIT LIABILITIES, NET - Principal assumptions underlying the defined benefit plan (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Defined benefit plans
Expected rate of salary increase	5%	5%
Minimum
Defined benefit plans
Discount rate	4.90%	2.50%
Life expectation at the age of 65	8 years 3 months 18 days	9 years 4 months 24 days
Maximum
Defined benefit plans
Discount rate	5.20%	2.90%
Life expectation at the age of 65	13 years 2 months 12 days	14 years 2 months 12 days

EQUITY (Details)

EQUITY (Details)	1 Months Ended				6 Months Ended		12 Months Ended
EQUITY (Details)	Dec. 31, 2022 USD ($) Options $ / shares shares		Dec. 31, 2021 USD ($) Options shares	Mar. 31, 2021 USD ($) shares	Jun. 30, 2023 USD ($) Options Vote $ / shares shares		Dec. 31, 2022 USD ($) Options Vote $ / shares shares		Dec. 31, 2021 USD ($) Options shares	Mar. 31, 2023 USD ($) shares	Jun. 30, 2022 Options	Feb. 28, 2022 USD ($) Options	Dec. 31, 2020 Options
EQUITY
Par value per share \| $ / shares	$ 0.00001				$ 0.00001		$ 0.00001
Agreement for issuance of Preferred shares (in shares) \| shares									4,336,421
Number of shares issued for acquisition \| Options	1,228,410		1,600,499		1,195,671		1,228,410		1,600,499		1,600,499		0
Share capital	$ 0	[1]	$ 0		$ 0	[1]	$ 0	[1]	$ 0
Number of votes per Ordinary share \| Vote					1		1
Preferred Shares, number of votes per Ordinary share into which such Preferred Shares could then be converted \| Vote							1
Three founding airline group members
EQUITY
Number of shares issued \| shares			94,988						94,988
Share capital	$ 2,621,000		$ 1,952,000				$ 2,621,000		$ 1,952,000
Two Founding Airline Group Members
EQUITY
Number of additional shares eligible to receive \| shares	118,735		118,735		261,216		261,216
Third Founding Airline Group Members
EQUITY
Number of shares issued \| shares	59,367						59,367
Number of additional shares eligible to receive \| shares					320,584		320,584
7LFreight
EQUITY
Number of shares issued \| shares										32,739
Share capital										$ 113,000
Acquisition of interlining technology and other assets of major airline group
EQUITY
Number of shares issued for acquisition			158,327						158,327
Value of Preferred shares issued	$ 1,368,000		$ 1,368,000				$ 1,368,000		$ 1,368,000
Preferred shares
EQUITY
Par value per share \| $ / shares					$ 0.00001
Number of votes per Ordinary share \| Vote							1
Dividend rate (in percentage)							6%
Series C Preferred shares
EQUITY
Par value per share \| $ / shares	$ 0.00001						$ 0.00001
Agreement for issuance of Preferred shares (in shares) \| shares				4,178,094
Preferred shares, consideration amount				$ 26,389,000
Direct expenses related to issuance				258,000
Direct expenses related to issuance, net				$ 26,131,000
Series C Preferred shares \| Acquisition of interlining technology and other assets of major airline group
EQUITY
Number of shares issued for acquisition \| Options			158,327						158,327
Ordinary shares
EQUITY
Par value per share \| $ / shares	$ 0.00001				$ 0.00001		$ 0.00001
Number of shares issued for acquisition			143,988						143,988
Ordinary shares \| 7LFreight
EQUITY
Number of shares issued for acquisition \| Options			359,968						359,968
Value of Preferred shares issued			$ 2,465,000						$ 2,465,000
Ordinary shares \| Clearit Customs Services, Inc
EQUITY
Number of shares issued for acquisition												959,907
Value of Preferred shares issued												$ 6,573,000

[1] Represents an amount lower than $1.

EQUITY - Composition of share_2

EQUITY - Composition of share capital (Details) - $ / shares	Jun. 30, 2023	Jan. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
EQUITY
Number of share outsatanding	47,481,609		36,138,588		34,606,789	29,514,698
Number of share authorized		350,000,000	26,094,980
Par value per share	$ 0.00001		$ 0.00001
Preferred shares
EQUITY
Number of share outsatanding			27,660,151	27,660,146	27,660,151	23,323,730
Number of share authorized	1,000,000
Par value per share	$ 0.00001
Series Seed Preferred shares
EQUITY
Number of share outsatanding			2,455,606		2,455,606
Number of share authorized			698,000
Par value per share			$ 0.00001
Series A1 Preferred shares
EQUITY
Number of share outsatanding			4,623,734		4,623,734
Number of share authorized			1,314,285
Par value per share			$ 0.00001
Series A2 Preferred shares
EQUITY
Number of share outsatanding			932,227		932,227
Number of share authorized			264,983
Par value per share			$ 0.00001
Series B Preferred shares
EQUITY
Number of share outsatanding			8,276,043		8,276,043
Number of share authorized			2,352,445
Par value per share			$ 0.00001
Series C Preferred shares
EQUITY
Number of share outsatanding			11,372,541		11,372,541
Number of share authorized			5,232,616
Par value per share			$ 0.00001
Ordinary shares
EQUITY
Number of share outsatanding	47,481,609		8,478,437		6,946,638
Number of share authorized	350,000,000		16,232,651
Par value per share	$ 0.00001		$ 0.00001

EQUITY - Movement in issued a_2

EQUITY - Movement in issued and outstanding share capital (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2023 Options shares	Jun. 30, 2022 Options shares	Dec. 31, 2022 Options shares	Dec. 31, 2021 Options shares	Dec. 31, 2020 Options shares
EQUITY
Number of shares, beginning balance	36,138,588	34,606,789	34,606,789	29,514,698
Issuance of Preferred shares				4,336,421
Issuance of Ordinary shares	11,287,156		1,256,744	644,932
Exercise of employees' options into Ordinary shares \| Options	23,126	113,178	275,055	110,738	426,575
Number of shares, ending balance	47,481,609		36,138,588	34,606,789	29,514,698

SHARE-BASED COMPENSATION - Gene

SHARE-BASED COMPENSATION - General (Details)	6 Months Ended	12 Months Ended
SHARE-BASED COMPENSATION - General (Details)	Jun. 30, 2023 instrument shares	Dec. 31, 2022 instrument shares	Dec. 31, 2021 shares	Dec. 31, 2020 shares
SHARE-BASED PAYMENT
Number of share options approved for grant	9,833,034	8,026,159
Number of shares exercised \| instrument	1,477,611	1,531,105
Unallocated pool	2,910,017	1,208,170	295,897	101,722

SHARE-BASED COMPENSATION - Assu

SHARE-BASED COMPENSATION - Assumptions (Details) - Y	6 Months Ended		12 Months Ended
SHARE-BASED COMPENSATION - Assumptions (Details) - Y	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Minimum
SHARE-BASED COMPENSATION
Weighted average expected term (years)	5.96	5.97	5.59	5	5.95
Interest rate	4.18%	1.89%	1.89%	0.64%	0.38%
Volatility	47.12%	51.50%	51%	51%	45%
Maximum
SHARE-BASED COMPENSATION
Weighted average expected term (years)	6.37	6.10	7.23	6.11	6.11
Interest rate	4.21%	2.41%	4.25%	1.34%	1.71%
Volatility	47.56%	51.78%	54%	52%	51%

SHARE-BASED COMPENSATION - Shar

SHARE-BASED COMPENSATION - Share-based compensation expense was recorded in the statement of profit or loss and other comprehensive loss (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SHARE-BASED PAYMENT
Cost of revenue	$ 159	$ 65	$ 290	$ 98	$ 95
Research and development	295	130	349	184	208
Selling and marketing	261	237	524	348	262
General and administrative	413	300	743	305	257
Total	$ 1,128	$ 732	$ 1,906	$ 935	$ 822

SHARE-BASED COMPENSATION - Chan

SHARE-BASED COMPENSATION - Changes in outstanding share options (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2023 Options $ / shares	Jun. 30, 2022 Options $ / shares	Dec. 31, 2022 Options $ / shares	Dec. 31, 2021 Options $ / shares	Dec. 31, 2020 Options $ / shares
Number of options
Options at beginning of year \| Options	5,286,884	3,854,651	3,854,651	3,456,165	3,332,160
Granted \| Options	264,291	1,317,338	2,092,904	786,636	1,158,058
Exercised \| Options	(23,126)	(113,178)	(275,055)	(110,738)	(426,575)
Forfeited \| Options	(79,476)	(204,579)	(385,939)	(277,089)	(607,478)
Options outstanding at end of year \| Options	5,448,573	4,854,232	5,286,884	3,854,651	3,456,165
Options exercisable at end of year \| Options	3,112,899	2,366,149	2,457,312	2,246,011	1,834,542
Weighted average exercise price
Options at beginning of year \| $ / shares	$ 3.21	$ 1.61	$ 1.61	$ 1.07	$ 0.92
Granted \| $ / shares	4.25	4.17	5.76	3.75	1.32
Exercised \| $ / shares	0.81	0.98	0.77	0.91	0.44
Forfeited \| $ / shares	2.64	1.78	2.82	1.24	1.15
Options outstanding at end of year \| $ / shares	3.27	2.31	3.21	1.61	1.07
Options exercisable at end of year \| $ / shares	$ 1.97	$ 1.14	$ 1.34	$ 1	$ 0.90

SHARE-BASED COMPENSATION - Addi

SHARE-BASED COMPENSATION - Additional information (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
SHARE-BASED COMPENSATION
Weighted average fair value of the per option granted	$ 2.16	$ 3.05	$ 1.93	$ 2.1
Weighted average remaining contractual life for the share options outstanding (in years)	6 years 9 months 29 days	7 years 3 months 10 days	6 years 10 months 17 days
Minimum
SHARE-BASED COMPENSATION
Exercise prices for share options outstanding	$ 0	$ 0	$ 0
Maximum
SHARE-BASED COMPENSATION
Exercise prices for share options outstanding	$ 8.44	$ 8.30	$ 4.17

CONTINGENT LIABILITIES, GUARA_2

CONTINGENT LIABILITIES, GUARANTEES, COMMITMENTS AND CHARGES (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
COMMITMENTS AND CONTINGENT LIABILITIES
Number of bank guarantees issued \| item	1	1
Secured amount of bank guarantee	$ 55	$ 56
short-term investment		200
Long-term deposit pledged by israeli subsidiary	$ 255	$ 55

OPERATING SEGMENTS - General _2

OPERATING SEGMENTS - General (Details) - segment	6 Months Ended	12 Months Ended
OPERATING SEGMENTS - General (Details) - segment	Jun. 30, 2023	Dec. 31, 2022
OPERATING SEGMENTS
Number of operating segments	2	2

OPERATING SEGMENTS - Revenue _2

OPERATING SEGMENTS - Revenue and operating loss per segments (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING SEGMENTS
Total revenue	$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Operating income (loss)	(63,866)	(10,049)	(24,272)	(16,348)	(13,934)
Subscriptions
OPERATING SEGMENTS
Total revenue	6,179	5,864	11,674	7,259	5,900
SaaS related professional services
OPERATING SEGMENTS
Total revenue	272	615	754	574	521
Transactional Platforms fees
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Solutions
OPERATING SEGMENTS
Total revenue	6,451	6,479	12,428	7,833	6,421
Operating income (loss)	1,324	871	2,261	(667)	(451)
Solutions \| Subscriptions
OPERATING SEGMENTS
Total revenue	6,179	5,864	11,674	7,259	5,900
Solutions \| SaaS related professional services
OPERATING SEGMENTS
Total revenue	272	615	754	574	521
Platform
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Operating income (loss)	(5,936)	(4,927)	(10,250)	(10,231)	(8,784)
Platform \| Transactional Platforms fees
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Operating segments
OPERATING SEGMENTS
Total revenue	9,916	9,548		11,117	8,509
Operating segments \| Solutions
OPERATING SEGMENTS
Total revenue	6,451	6,479	12,428	7,833	6,421
Operating segments \| Platform
OPERATING SEGMENTS
Total revenue	3,465	3,069	6,657	3,284	2,088
Unallocated
OPERATING SEGMENTS
Operating income (loss)	$ (59,254)	$ (5,993)	$ (16,283)	$ (5,450)	$ (4,699)

OPERATING SEGMENTS - Geograph_2

OPERATING SEGMENTS - Geographic information on revenue (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING SEGMENTS
Revenue	$ 9,916	$ 9,548	$ 19,085	$ 11,117	$ 8,509
Europe
OPERATING SEGMENTS
Revenue			4,618
Hong Kong
OPERATING SEGMENTS
Revenue			3,901
United States
OPERATING SEGMENTS
Revenue			8,388
Other
OPERATING SEGMENTS
Revenue			2,178
Solutions
OPERATING SEGMENTS
Revenue	6,451	6,479	12,428	7,833	6,421
Platform
OPERATING SEGMENTS
Revenue	3,465	3,069	6,657	3,284	2,088
Operating segments
OPERATING SEGMENTS
Revenue	9,916	9,548		11,117	8,509
Operating segments \| Europe
OPERATING SEGMENTS
Revenue	2,465	2,524		4,322	3,724
Operating segments \| Hong Kong
OPERATING SEGMENTS
Revenue	1,777	3,230		3,482	2,322
Operating segments \| United States
OPERATING SEGMENTS
Revenue	4,502	3,459		2,725	1,952
Operating segments \| Other
OPERATING SEGMENTS
Revenue	1,172	335		588	511
Operating segments \| Solutions
OPERATING SEGMENTS
Revenue	6,451	6,479	12,428	7,833	6,421
Operating segments \| Solutions \| Europe
OPERATING SEGMENTS
Revenue	2,465	2,524	4,618	4,322	3,724
Operating segments \| Solutions \| Hong Kong
OPERATING SEGMENTS
Revenue	236	161	460	198	234
Operating segments \| Solutions \| United States
OPERATING SEGMENTS
Revenue	3,337	3,459	6,449	2,725	1,952
Operating segments \| Solutions \| Other
OPERATING SEGMENTS
Revenue	413	335	901	588	511
Operating segments \| Platform
OPERATING SEGMENTS
Revenue	3,465	3,069	6,657	3,284	2,088
Operating segments \| Platform \| Hong Kong
OPERATING SEGMENTS
Revenue	1,541	$ 3,069	3,441	$ 3,284	$ 2,088
Operating segments \| Platform \| United States
OPERATING SEGMENTS
Revenue	1,165		1,939
Operating segments \| Platform \| Other
OPERATING SEGMENTS
Revenue	$ 759		$ 1,277

SELECTED STATEMENTS OF PROFIT_3

SELECTED STATEMENTS OF PROFIT OR LOSS DATA (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue	$ 4,188,000	$ 3,768,000	$ 7,859,000	$ 4,596,000	$ 4,273,000
Research and development	6,014,000	5,119,000	10,217,000	7,822,000	6,910,000
Selling and marketing	7,081,000	4,901,000	12,749,000	8,774,000	5,807,000
General and administrative	$ 6,079,000	$ 4,997,000	9,645,000	6,273,000	4,562,000
Labor
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			4,163,000	2,307,000	2,101,000
Research and development			8,809,000	6,828,000	5,746,000
Selling and marketing			5,170,000	4,953,000	4,032,000
General and administrative			4,716,000	3,821,000	2,270,000
Promotion
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue				35,000	314,000
Credit card fees
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			1,209,000	1,182,000	677,000
Servers
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			874,000	651,000	657,000
Research and development			295,000	257,000	264,000
Software
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Research and development			222,000	199,000	282,000
Selling and marketing			185,000	165,000	106,000
General and administrative			494,000	233,000	191,000
Marketing and Promotion
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Selling and marketing			2,621,000	1,952,000
Digital Advertising
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Selling and marketing			2,276,000	535,000	509,000
Services and tools
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			284,000	169,000	114,000
Travel
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			52,000	10,000	45,000
Research and development			114,000	25,000	41,000
Selling and marketing			243,000	78,000	44,000
General and administrative			147,000	30,000	18,000
Rent and related
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			682,000	373,000	485,000
Consulting
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			2,312,000	516,000	536,000
Office expenses
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			492,000	145,000	285,000
Communication and PR
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Selling and marketing			12,000	21,000	15,000
Depreciation & Amortization
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			920,000	107,000	164,000
Research and development			387,000	296,000	252,000
Selling and marketing			980,000	536,000	755,000
General and administrative			126,000	159,000	100,000
Share-based compensation
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			290,000	98,000	95,000
Research and development			349,000	184,000	208,000
Selling and marketing			524,000	348,000	262,000
General and administrative			743,000	305,000	257,000
Human resources
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			459,000	269,000	70,000
Bad debt
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			227,000	55,000	174,000
Changes in the fair value of contingent consideration
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
General and administrative			(935)
Other
SELECTED STATEMENTS OF PROFIT OR LOSS DATA
Cost of revenue			67,000	37,000	106,000
Research and development			41,000	33,000	117,000
Selling and marketing			738,000	186,000	84,000
General and administrative			$ 182,000	$ 367,000	$ 176,000

TAXES ON INCOME - Tax rates (De

TAXES ON INCOME - Tax rates (Details)	12 Months Ended
TAXES ON INCOME - Tax rates (Details)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
TAXES ON INCOME
Statutory corporate income tax rate (in percent)	23%	23%	23%
Preferred Technological Enterprise regime (in percent)	7.50%	7.50%	7.50%
Withholding tax rate on dividends distributed to foreign companies	20%
Withholding tax rate on dividends distributed to Israeli corporation	0%

TAXES ON INCOME - Carryforward

TAXES ON INCOME - Carryforward losses for tax purposses (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Deferred income taxes
Carryforward operating tax losses	$ 87,546
Carryforward capital tax losses	5
Employee benefits and other liabilities
Deferred income taxes
Amount of deferred tax assets related to losses and to other deductible temporary differences recognized	573
Research and development
Deferred income taxes
Amount of deferred tax assets related to losses and to other deductible temporary differences not recognized	6,871
Employee benefits and share based compensation
Deferred income taxes
Amount of deferred tax assets related to losses and to other deductible temporary differences not recognized	$ 1,503

TAXES ON INCOME - Deferred inco

TAXES ON INCOME - Deferred income taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2023
Deferred income taxes
Deferred taxes	$ 573	$ 577		$ 626
Deferred tax income (expenses)	(4)	107	$ 65
Carryforward tax losses
Deferred income taxes
Deferred taxes		41
Deferred tax income (expenses)	(41)	(8)	(18)
Employee benefits and other liabilities
Deferred income taxes
Deferred taxes	216	199
Deferred tax income (expenses)	17	46	25
Share-based compensation
Deferred income taxes
Deferred taxes	357	337
Deferred tax income (expenses)	$ 20	$ 69	$ 58

TAXES ON INCOME - Taxes on inco

TAXES ON INCOME - Taxes on income (tax benefit) included in profit or loss (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
TAXES ON INCOME
Current taxes			$ 134	$ 97	$ 28
Deferred taxes, see also Note 23d above			4	(107)	(65)
Taxes in respect of previous years			31	14	296
Income taxes	$ 3	$ 38	$ 169	$ 4	$ 259

LOSS PER ORDINARY SHARE (Deta_2

LOSS PER ORDINARY SHARE (Details) $ in Thousands	6 Months Ended		12 Months Ended
LOSS PER ORDINARY SHARE (Details) $ in Thousands	Jun. 30, 2023 USD ($) Options shares	Jun. 30, 2022 USD ($) Options shares	Dec. 31, 2022 USD ($) Options shares	Dec. 31, 2021 USD ($) Options shares	Dec. 31, 2020 USD ($) Options shares	Dec. 31, 2019 Options
LOSS PER ORDINARY SHARE
Weighted number of Ordinary shares \| shares	41,802,993	7,703,799	7,930,928	6,242,946	5,945,888
Loss \| $	$ 54,998	$ 10,222	$ 24,701	$ 16,358	$ 14,172
Preferred shares dividend \| $	(638)	(4,452)	(9,038)	(8,211)	(6,498)
For the computation of basic and diluted loss per share \| $	$ (55,636)	$ (14,674)	$ 33,739	$ 24,569	$ 20,670
Number of options to employees and consultants outstanding under the share-based compensation plan \| Options	5,448,573	4,854,232	5,286,884	3,854,651	3,456,165	3,332,160
Number of shares issued for acquisition \| Options	1,195,671	1,600,499	1,228,410	1,600,499	0
Preferred shares outstanding \| shares	47,481,609		36,138,588	34,606,789	29,514,698
Preferred shares
LOSS PER ORDINARY SHARE
Preferred shares outstanding \| shares		27,660,146	27,660,151	27,660,151	23,323,730

RELATED PARTIES (Details)_2

RELATED PARTIES (Details) $ in Thousands	6 Months Ended		12 Months Ended
RELATED PARTIES (Details) $ in Thousands	Jun. 30, 2023 USD ($) director item	Jun. 30, 2022 USD ($) director item	Dec. 31, 2022 USD ($) item director	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
RELATED PARTIES
Number of directors \| director	9	7	9
Number of key officers \| item	6	6	7
Expense included under sales and marketing in the consolidated statements of profit or loss	$ 95	$ 62	$ 147	$ 53	$ 4
Outstanding prepaid balance included under other receivables and prepaid expenses			$ 31
Outstanding balance included under accrued expenses and other payables	$ 1			$ 55

RELATED PARTIES - Compensatio_2

RELATED PARTIES - Compensation of key management personnel (Details) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2023 USD ($) item	Jun. 30, 2022 USD ($) item	Dec. 31, 2022 USD ($) item	Dec. 31, 2021 USD ($) item	Dec. 31, 2020 USD ($) item
RELATED PARTIES
Short-term employee benefits	$ 1,103	$ 951	$ 1,872	$ 1,736	$ 1,211
Share-based payments	420	360	758	275	218
Post-employment benefits		9	22	29	20
Key management personnel compensation	$ 1,523	$ 1,320	$ 2,652	$ 2,040	$ 1,449
Number of key officers and directors \| item	7	7	7	7	6

RELATED PARTIES - Benefits to_2

RELATED PARTIES - Benefits to directors (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($) director	Dec. 31, 2022 USD ($) director
RELATED PARTIES
Compensation to directors not employed by the Company or on its behalf \| $	$ 64	$ 60
Number of directors that received the above compensation by the Company \| director	3	2