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An update from WOTSO Property ( (AU:WOT) ) is now available.
Flexible workspace operator WOTSO reported a strong third quarter of FY26, with revenue up 13% year on year to $8.81 million and total occupancy improving to 83%. Annualised revenue climbed to a record $35.25 million, representing a five-year compound annual growth rate of 14.3%, while revenue per available desk rose to $367, indicating stronger yield per desk rather than growth driven solely by new sites.
The group is expanding its network with four new leased locations scheduled to open in the fourth quarter of FY26 at Gregory Hills and Tea Tree Plus in South Australia, and Geelong and South Melbourne in Victoria. WOTSO also launched its CookSpace concept at North Strathfield in January 2026, adding ten shared commercial kitchens that can be booked flexibly, signalling a strategic move into adjacent shared infrastructure offerings for food businesses alongside its core flexspace portfolio.
More about WOTSO Property
WOTSO Property, listed on the ASX under the stapled security WOT, operates flexible workspace under the WOTSO FlexSpace brand. The company provides leased, desk-based coworking facilities and related services across Australia and New Zealand, targeting SMEs, startups and remote workers seeking scalable office solutions. It is increasingly diversifying into complementary shared-space concepts such as commercial kitchens.
Average Trading Volume: 45,608
Technical Sentiment Signal: Buy
Current Market Cap: A$107.6M
See more insights into WOT stock on TipRanks’ Stock Analysis page.