WiseTech Global reported a 28% revenue increase to $1.04B and expects $1.30B-$1.35B in FY2025.

WiseTech Global shares soared 17% after reporting strong financial results for FY2024, with total revenue reaching $1.04B, a 28% increase from the prior year. The company's flagship product, CargoWise, saw a 33% revenue growth. EBITDA rose 28% to $496M, while underlying net profit after tax increased by 15% to $284M. WiseTech expects FY2025 revenue of $1.30B to $1.35B and EBITDA guidance of $660M to $700M.

August 21, 2024
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