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Highlights
WiseTech Global reports FY25 revenue of USD 778.7 million, up 14% year-on-year.
EBITDA excluding M&A costs rises 26% to USD 409.5 million with margins reaching 53%.
FY26 guidance forecasts revenue growth of up to 85% supported by e2open integration.
WiseTech Global Limited (ASX:WTC) announced its financial results for the year ended 30 June 2025 (FY25), reporting revenue and earnings growth alongside the completion of the strategically significant acquisition of e2open. Despite the positive results, WiseTech’s share price declined by nearly 11% to AUD 102.91 per share on 27 August 2025.
Financial Performance
Total revenue for FY25 reached USD 778.7 million, a 14% increase compared to USD 683.7 million in FY24. CargoWise revenue contributed USD 682.2 million, up 18% year-on-year, driven mainly by rollouts from Large Global Freight Forwarder (LGFF) customers and new product adoption. Organically, CargoWise revenue grew 17% or USD 94.5 million.
Recurring revenue from CargoWise rose 19% to USD 674.8 million, with growth supported by both existing and new customers. The Company noted contributions from price adjustments, LGFF rollouts, and recent product launches.
Earnings before interest, tax, depreciation and amortisation (EBITDA), excluding USD 27.9 million in M&A costs related to e2open, increased 26% to USD 409.5 million. This translated to an EBITDA margin of 53%, up 5 percentage points from FY24. Reported EBITDA stood at USD 381.6 million, up 17% from the prior year. Underlying net profit after tax (NPAT) rose 30% to USD 241.8 million, while statutory NPAT increased 17% to USD 200.7 million.
Operating cash flow climbed 25% to USD 436.5 million, while free cash flow rose 31% to USD 287.0 million. The Board declared a fully franked final dividend of 7.7 cents per share, representing a 24% increase on FY24. The dividend will be paid on 10 October 2025 to shareholders on record as of 15 September 2025.
Balance Sheet and Financing
During FY25, WiseTech replaced its existing unsecured facility with a new USD 3.0 billion syndicated debt facility, underwritten by nine domestic and international banks. The facility was syndicated further to more than 15 additional banks, with USD 2.4 billion drawn on 30 July 2025 to complete the e2open acquisition on 4 August 2025.
Outlook for FY26
WiseTech has issued FY26 guidance assuming stable market conditions. Revenue is expected to range between USD 1.39 billion and USD 1.44 billion, representing growth of 79% to 85%. EBITDA is forecast at USD 550 million–USD 585 million, equating to 44%–53% growth, with an EBITDA margin of 40%–41%. The outlook reflects initial integration of e2open and the continued rollout of new CargoWise initiatives.
The Company also highlighted advancements in its technology pipeline, including the near-complete rollout of CargoWise Next and further progress in Container Transport Optimization (CTO). A new commercial model for CargoWise, designed to enhance product adoption and market penetration, is scheduled for implementation.






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