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Wisetech Global
(OTC:WTC)
Wisetech Global (WTC) vs. iShares MSCI Australia ETF (EWA)
Wisetech Global Business Overview & Revenue Model
Wisetech Global Earnings Call Summary
Wisetech Global Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.16B | 1.04B | 816.80M | 632.20M | 507.50M | 429.40M | Gross Profit |
| 983.43M | 875.20M | 633.10M | 493.70M | 381.80M | 315.40M | EBIT |
| 446.97M | 380.70M | 301.50M | 256.10M | 150.00M | 81.80M | EBITDA |
| 506.00M | 419.70M | 395.00M | 321.40M | 209.40M | 130.50M | Net Income Common Stockholders |
| 316.51M | 262.80M | 212.20M | 194.70M | 108.10M | 160.80M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 166.42M | 121.70M | 143.00M | 483.40M | 315.00M | 223.70M | Total Assets |
| 3.17B | 2.83B | 2.66B | 1.66B | 1.40B | 1.28B | Total Debt |
| 73.84M | 104.40M | 256.40M | 33.50M | 35.00M | 45.80M | Net Debt |
| -92.58M | -17.30M | 113.40M | -449.90M | -280.00M | -177.90M | Total Liabilities |
| 651.13M | 613.70M | 764.10M | 348.40M | 293.90M | 273.50M | Stockholders Equity |
| 2.52B | 2.21B | 1.89B | 1.32B | 1.11B | 1.00B |
| Cash Flow | Free Cash Flow | ||||
| 464.39M | 250.60M | 241.60M | 201.90M | 119.70M | 40.10M | Operating Cash Flow |
| 500.78M | 448.70M | 383.60M | 304.20M | 210.50M | 130.60M | Investing Cash Flow |
| -243.18M | -240.30M | -882.00M | -105.70M | -96.50M | -147.50M | Financing Cash Flow |
| -235.82M | -225.50M | 173.30M | -34.30M | -22.00M | -18.20M |
Wisetech Global Technical Analysis
Wisetech Global Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$35.05B | 114.30 | 13.73% | 0.19% | 19.03% | 37.24% | |
72 Outperform | $31.75B | 51.43 | 37.91% | 0.89% | 20.28% | 118.95% | |
71 Outperform | $28.72B | 138.20 | 12.98% | ― | 23.95% | ― | |
70 Outperform | AU$13.45B | 100.88 | 37.44% | 0.63% | 17.52% | 20.78% | |
65 Neutral | $23.27B | 22.39 | 27.30% | 2.21% | -0.84% | 93.59% | |
61 Neutral | $11.55B | 10.41 | -6.86% | 2.93% | 7.50% | -8.30% | |
58 Neutral | $8.24B | ― | -2.06% | ― | -2.69% | -17.50% |
Wisetech Global Corporate Events
WiseTech Global announced the acquisition of E2open Parent Holdings, Inc., which is expected to enhance its operational capabilities and strengthen its position in the logistics software industry. This strategic move is likely to have significant implications for WiseTech’s market presence and stakeholders, as it aligns with the company’s mission to innovate and improve supply chain operations globally.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
WiseTech Global has announced its strategic acquisition of U.S.-based E2open Parent Holdings, Inc., a provider of SaaS-based solutions in the global logistics value chain, for an enterprise value of $2.1 billion. This acquisition is expected to significantly expand WiseTech’s market reach and product capabilities, enabling the creation of a multi-sided marketplace that connects various stakeholders in the trade and logistics industry. The deal is anticipated to be EPS accretive in the first year and will be fully funded through a new syndicated debt facility. The acquisition aligns with WiseTech’s strategy to accelerate product development and ecosystem reach, promising improved efficiency, visibility, and cost savings for customers.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$120.00 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
WiseTech Global Ltd is participating in the Macquarie Australia Conference to present its business strategies. This engagement underscores WiseTech’s commitment to innovation and its strategic positioning in the logistics software industry, potentially impacting its operations and stakeholders positively.
WiseTech Global is addressing media speculation regarding its potential acquisition of US-based e2open. The company confirms its participation in a strategic review process with e2open, aligning with its strategy to expand product development and ecosystem reach through acquisitions. However, there is no certainty about the outcome of these discussions. WiseTech emphasizes its commitment to keeping the market informed in accordance with its disclosure obligations.
WiseTech Global Ltd has announced a change in its registered office address and principal place of business to a new location in Alexandria, NSW, effective from April 22, 2025. This move is part of the company’s ongoing efforts to enhance its operations and maintain its leading position in the logistics software industry, potentially impacting stakeholders by improving operational efficiency and business processes.
WiseTech Global Limited has appointed Zubin Appoo as the Chief of Staff and Deputy Chief Innovation Officer, a newly created role aimed at enhancing the execution of the company’s product roadmap and growth strategies. With nearly 25 years of experience in software development and strategic product leadership, Appoo’s return to WiseTech is expected to strengthen the company’s leadership team and support its long-term vision and innovation culture, potentially impacting its market position positively.
WiseTech Global Limited has announced a new employment agreement with its Founder and Executive Chair, Richard White, who will also serve as Chief Innovation Officer. This role is supported by a newly created Deputy Chief Innovation Officer position, aimed at enhancing product development and growth. White’s focus will be on delivering WiseTech’s product roadmap, innovation, and strategy development. The company is also advancing its search for a permanent CEO, with several strong candidates identified, and an appointment expected before the Annual General Meeting in November 2025. Interim CEO Andrew Cartledge has indicated his willingness to extend his tenure if necessary to ensure a smooth transition.
Wisetech Global Ltd. announced the issuance of 6,797 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of a dividend or distribution plan, indicating a strategic step to enhance shareholder value and potentially strengthen the company’s financial position.
Wisetech Global Ltd. announced the cessation of several securities, including the lapse of conditional rights and cancellations by agreement with holders. This move may impact the company’s capital structure and reflects adjustments in its financial strategy, potentially affecting stakeholders and market perception.
Wisetech Global Ltd. announced the issuance of unquoted equity securities under an employee incentive scheme, with a total of 47,664 share rights being allocated. This move is part of the company’s strategy to incentivize and retain talent, potentially strengthening its operational capabilities and market position.
WiseTech Global Limited has announced the appointment of Christopher Charlton as a director, effective from March 31, 2025. Charlton holds 4,250 ordinary shares in the company, indicating a vested interest in its success. This appointment is expected to strengthen the company’s leadership team, potentially enhancing its strategic direction and operational effectiveness in the competitive logistics software market.
WiseTech Global Ltd has amended the employment agreement of Interim CEO Andrew Cartledge, recognizing his role since October 2024. The revised terms include a base remuneration of AU$1,700,000 per annum and performance equity incentives. The agreement also outlines post-employment restraints and access to company resources. Mr. Cartledge has expressed willingness to extend his tenure beyond 2025 to ensure a smooth transition to a permanent CEO, highlighting the company’s focus on stable leadership during this period.
Wisetech Global Ltd. announced the quotation of 84,313 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective April 1, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s visibility and accessibility in the financial markets.
WiseTech Global Limited has appointed Chris Charlton and Andrew Harrison as Independent Non-Executive Directors to its board, enhancing its expertise in logistics and corporate governance. Charlton brings over 35 years of experience in customs and international trade, notably from his tenure at UPS, while Harrison, a former Chair of WiseTech, offers a wealth of financial and governance experience. These appointments are part of a broader board renewal program aimed at supporting WiseTech’s future growth and innovation.
WiseTech Global Limited has released the findings of a shareholder engagement survey, which highlights several key expectations from its top institutional shareholders. These include the need for a published summary of the Board Review into matters concerning Co-Founder Richard White, a clear succession plan with a focus on software and product development expertise, and strengthening board independence through the appointment of new independent directors. The Board has responded by releasing an update on the Board Review, appointing two new independent directors, and progressing a detailed succession plan. Additionally, WiseTech plans to hold its successful Investor Day annually to enhance shareholder engagement.
Wisetech Global Ltd. announced an update regarding its dividend distribution, specifically advising on the Dividend Reinvestment Plan (DRP) price. This update pertains to the dividend for the six-month period ending December 31, 2024, with a record date of March 17, 2025. The announcement reflects the company’s ongoing commitment to shareholder returns and may influence investor perceptions and market positioning.
WiseTech Global Limited has provided an update on its Board Review concerning allegations related to its Co-Founder and Executive Chair, Richard White. The Board, supported by legal and forensic experts, is investigating these matters, with some issues still under review. The Board Sub-Committee has acknowledged the seriousness of the allegations and is taking steps to address governance concerns, including revising the company’s Code of Conduct and seeking shareholder feedback. Additionally, the Board plans to appoint an independent director to strengthen governance. Richard White has accepted the findings and committed to adhering to a more stringent Code of Conduct.
Wisetech Global Ltd. announced an update regarding its dividend distribution, specifically addressing the currency rates for the Australian and New Zealand dollars. This update pertains to the dividend related to the six-month period ending December 31, 2024, with the record date set for March 17, 2025. The announcement reflects the company’s ongoing commitment to transparency and precision in financial reporting, which is crucial for maintaining stakeholder confidence.
WiseTech Global Ltd has announced an update regarding its compliance with ASX Listing Rules 12.7 and 12.8 following the resignation of four directors, which left the company with only two independent directors. This situation temporarily affects the composition of its Audit & Risk Committee, which is required to have at least three non-executive directors. The company plans to appoint additional independent directors within four weeks to restore compliance. Despite the current shortfall, WiseTech assures stakeholders that the existing committee can adequately fulfill its responsibilities. The company remains compliant with ASX Listing Rule 12.8, with its People & Remuneration Committee properly constituted.