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Wisetech Global Limited (ASX:WTC)

ALERT: Price-sensitive ASX Announcement for WTC
Current share price for WTC : $32.360 -10.63 (-24.73%)+
Announcement
Release
25 Feb 2026 9:10AM
Price at Release
$42.990
Full Release
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Summary
WiseTech Global Limited has released its half-year financial report for the period ended 31 December 2025. The report details a 76% increase in revenue to $672 million compared to the previous year, driven by acquisitions and organic growth. The net profit after tax dropped by 36% to $68.1 million, while underlying net profit after tax rose by 2% to $114.5 million. The acquisition of e2open significantly impacted financial results, including substantial increases in sales, marketing, and general administrative expenses. Operating expenses increased due to integration costs and restructuring following the acquisition. The gross profit margin decreased, primarily attributed to the higher cost structure of e2open. The company continued to invest heavily in research and development, with 26% of revenue reinvested in R&D. WiseTech announced strategic initiatives, including shifts towards AI-driven operations and a new commercial model, CargoWise Value Packs. The financial position remains strong with significant liquidity, and the company plans further restructuring to enhance efficiency.
Key Points
  • Revenue increased 76% to $672 million.
  • Net profit after tax decreased 36% to $68.1 million.
  • Underlying NPAT increased 2% to $114.5 million.
  • Significant impact of e2open acquisition on financial results.
  • Operating expenses increased due to integration and restructuring costs.
  • R&D investment represented 26% of total revenue.
  • Introduction of AI-driven operations and CargoWise Value Packs.
  • Maintained strong liquidity position with over $950 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.