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Wisetech Global Limited (ASX:WTC)

ALERT: Price-sensitive ASX Announcement for WTC
Current share price for WTC : $33.970 -11.5 (-25.29%)+
Announcement
Release
26 Aug 2026 8:57AM
Price at Release
$45.470
Full Release
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Summary
WiseTech Global Limited reported a significant increase in financial performance for FY26, with revenue up 79% to $1,395.9 million, primarily due to the acquisition of e2open. The company exceeded its guidance with an EBITDA of $558.4 million, rising by 46%, and an underlying EBITDA of $644.5 million, marking a 56% increase. Cost-saving measures contributed to $115 million in annualized savings. The new CargoWise Value Packs model has seen widespread adoption among customers, with over 95% transitioned. The company achieved a record Underlying Rule of 40, indicating robust growth and cash flow efficiency. WiseTech's strategic focus on AI and product expansion, including the acquisition of FRDM.ai, underpins its future growth trajectory.
Key Points
  • WiseTech Global's revenue increased by 79% in FY26, reaching $1,395.9 million, driven by the acquisition of e2open.
  • The company's EBITDA was $558.4 million, up 46% from FY25, with an EBITDA margin of 40%.
  • Underlying EBITDA was $644.5 million, up 56% with a margin of 46%.
  • WiseTech achieved $115 million in annualized run-rate cost savings through various efficiency programs.
  • Over 95% of CargoWise customers have transitioned to the new CargoWise Value Packs model.
  • The company achieved a record Underlying Rule of 40 of 114%, significantly up from 52% in FY25.
  • WiseTech's operating cash flow was $564 million, up 29%, with free cash flow of $410.7 million, up 43%.
  • The company continues to integrate and standardize e2open, achieving better-than-expected EBITDA margin improvements.
  • WiseTech's strategic initiatives include AI adoption and expanding product offerings with acquisitions like FRDM.ai.
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.