Strong Revenue and EBITDA Growth
Total revenue for 1H 2025 was $381 million, up 17% from 1H 2024. EBITDA increased by 28% to $192.3 million, with an EBITDA margin rising by 5 percentage points to 50%.
Significant Growth in CargoWise
CargoWise revenue grew organically by 20% to $331.7 million with a recurring revenue rate of 99%.
New Major Client Wins
Secured two new top 25 global freight forwarders, Nippon Express and LOGISTEED, expanding the client base significantly.
Successful Acquisitions and Strategic Expansion
Completed acquisitions of BSM Global and Singeste, with an agreement to acquire ImpexDocs pending regulatory approval.
Breakthrough Product Launches
Launched ComplianceWise and CargoWise Next, with Container Transport Optimization expected to launch in 2H 2025 in Australia.