Highlights

  • ASIC issued WiseTech a no-action letter after concluding its governance investigation, which began in late 2024.
  • Richard White and two other current employees also received no-action letters over alleged share trading.
  • FY26 Revenue rose 79% to A$1,395.9 million, lifted by the e2open acquisition, while underlying EBITDA climbed 56%.
  • Management guides to FY27 revenue of A$1.48–1.54 billion and underlying EBITDA of A$725–780 million.

WiseTech Global Limited (ASX:WTC) has closed out two regulatory investigations that hung over the logistics software group, six weeks before shareholders gather for an Annual General Meeting that could include a board spill vote. On 15 October 2026, the company said ASIC had concluded its governance investigation and issued WiseTech a no-action letter, meaning the regulator will not take enforcement action.

Independent Chair Raelene Murphy described the outcome as another step forward and said the company was focused on long-term Shareholder value.

Two ASIC Investigations Concluded

Alongside the governance matter, ASIC concluded its investigation into alleged trading in WiseTech shares, first disclosed on 28 October 2025, involving Richard White and two other current employees. Each received a no-action letter. ASIC's investigation into one further individual, who is not a WiseTech employee, remains open.

Other matters continue. The Annual Report notes that the ACCC executed a search Warrant on 19 August 2026 as part of an ongoing competition investigation, with no findings made, and that the company is defending a shareholder class action relating to 2019 disclosures.

e2open Transforms the FY26 Result

For the year to 30 June 2026, revenue rose 79% to A$1,395.9 million, within guidance. CargoWise contributed A$756.9 million, up 11%, while e2open, acquired in August 2025, added A$541.2 million. Underlying EBITDA increased 56% to A$644.5 million and underlying net profit grew 29% to A$313.5 million. Statutory net profit fell 11% to A$178.7 million, reflecting Acquisition amortisation, restructuring and financing costs.

Free Cash Flow rose 43% to A$410.7 million and the board declared a fully franked final Dividend of 8.8 cents per share. More than 95% of CargoWise customers have moved to the activity-based Value Packs pricing model, and customer attrition remains below 1%. About 1,700 roles were removed during FY26 under an AI-led transformation, contributing to annualised run-rate savings of about A$115 million across the group.

AGM Agenda Includes a Conditional Spill

WiseTech's AGM will be held on 27 November 2026 in Sydney and online. Shareholders will vote on the election of Raelene Murphy, who became Independent Chair on 7 July 2026, and Timothy Ebbeck, as well as share rights for executive director Maree Isaacs and the reinsertion of proportional Takeover provisions.

The agenda includes a conditional spill resolution, which goes to a vote only if at least 25% of votes cast oppose the FY26 remuneration report. At the 2025 AGM, 49.47% of votes opposed the FY25 report. In response, the board decided that carried-forward FY25 performance Equity would not vest, even though performance conditions were met. The board opposes any spill resolution.

FY27 Guidance and Deleveraging Path

For FY27, WiseTech expects revenue of A$1.48–1.54 billion, representing growth of 6–10%, and underlying EBITDA of A$725–780 million at a Margin of 49–51%. Net Leverage is expected to ease to about 2.2 times by the end of FY27 and below 2.0 times during FY28. Shares were priced at A$40.86 on 2 November 2026, up 0.12% on the day, with a Market Capitalisation of A$13.74 billion; the stock was down 40.89% over 12 months.