Skip to main content

WiseTech reports guidance upgrade | WiseTech Global (ASX:WTC) Reporting Season Results

Sophia Mavridis
February 23, 2022

WiseTech (ASX:WTC) reported strong half year financial performance, with strong revenue and cash generation reflecting operating leverage.

WTC demonstrated revenue growth and earnings expansion, reporting total revenue increased 18% to $210 million, driven by increased market penetration and customer usage.

Underlying NPAT rose 77% to $77.3 million, and underlying EPS was up 77% to 23.7cps.

As WiseTech works toward being the operating system for global logistics, their strategy involves extending their technology lead, expanding market penetration, and driving operational efficacy.

WTC continues to invest in research and development, viewing innovation as a top priority. This includes its CargoWise product, with product development and acquisition strategies underway.

Management reaffirmed its full year revenue growth guidance of 18% to 25% and upgraded its EBITDA guidance to 33% to 43% growth.

WTC declared a fully franked interim dividend of 4.75cps, up 76%.

At the time of recording, WTC’s share price has gained 3%.

Morning Bell 20 May

Bell Direct
May 20, 2025

Morning Bell 19 May

Grady Wulff
May 19, 2025

Weekly Wrap 16 May

Bell Direct
May 16, 2025

Morning Bell 15 May

Bell Direct
May 15, 2025

Morning Bell 14 May

Bell Direct
May 14, 2025

Morning Bell 13 May

Grady Wulff
May 13, 2025

Morning Bell 12 May

Bell Direct
May 12, 2025

Weekly Wrap 9 May

Bell Direct
May 9, 2025

Morning Bell 8 May

Sophia Mavridis
May 8, 2025

Morning Bell 7 May

Bell Direct
May 7, 2025

Morning Bell 6 May

Grady Wulff
May 6, 2025