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Wiseway Group Ltd. ( (AU:WWG) ) has shared an announcement.
Wiseway Group Limited reported a strong revenue growth of 60% for the ten months ending April 2025, reaching $148 million. This growth is attributed to strategic shifts towards inbound eCommerce, expanding international freight flows, and enhancing sales capabilities. The company’s operations in the USA have scaled effectively, and there is a notable shift from export air freight to sea freight to reduce costs. Wiseway’s perishables market share is also increasing. The company anticipates full-year revenue growth between 53-63%, with EBITDA and profit expected to grow at a faster rate due to operational leverage and cost management.
More about Wiseway Group Ltd.
Wiseway Group Limited is a leading provider of integrated logistics solutions, offering a global network of strategically located warehouses and facilities, along with a modern fleet of trucks, aircraft, and delivery vehicles. Established in 2005, the company serves the Australia-Asia Pacific trade industry and is one of the top three outbound air freight logistics providers in Australia. Wiseway offers cross-border logistics services including air freight, sea freight, import, domestic transportation, warehousing, and customs clearance.
Average Trading Volume: 58,494
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$27.61M
Find detailed analytics on WWG stock on TipRanks’ Stock Analysis page.