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Wisetech Global Ltd. (AU:WTC)
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Wisetech Global (WTC) AI Stock Analysis

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AU:WTC

Wisetech Global

(Sydney:WTC)

Rating:78Outperform
Price Target:
AU$134.00
▲(14.83% Upside)
Wisetech Global Ltd. demonstrates strong financial performance and bullish technical indicators, though the stock may be overvalued with a high P/E ratio and low dividend yield. The positive earnings call highlights growth and strategic advancements, despite some operational challenges.

Wisetech Global (WTC) vs. iShares MSCI Australia ETF (EWA)

Wisetech Global Business Overview & Revenue Model

Company DescriptionWiseTech Global (WTC) is a leading provider of software solutions for the logistics execution industry. The company is headquartered in Sydney, Australia, and offers a comprehensive range of software products and services designed to simplify and optimize the complexities of the global supply chain. Its flagship product, CargoWise, is an integrated cloud-based platform that caters to a diverse set of logistics service providers, including freight forwarders, customs brokers, and third-party logistics providers. The platform facilitates efficient and effective operations by automating and streamlining processes such as customs clearance, transportation management, warehousing, and cross-border compliance.
How the Company Makes MoneyWiseTech Global generates revenue primarily through the sale of its software solutions and services on a subscription basis. The company's key revenue stream is its CargoWise platform, which operates on a Software-as-a-Service (SaaS) model, allowing clients to access the software via the cloud in exchange for monthly or annual subscription fees. This model ensures a steady and recurring revenue flow. Additionally, WiseTech Global expands its income by offering consulting, implementation, and training services to help clients effectively integrate and utilize their software solutions. The company also benefits from strategic partnerships and acquisitions, which enhance its product offerings and expand its market reach, thereby contributing to its financial performance.

Wisetech Global Earnings Call Summary

Earnings Call Date:Feb 25, 2025
(Q2-2025)
|
% Change Since: 23.57%|
Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment Positive
The earnings call presented significant revenue and EBITDA growth, successful acquisitions, and expansions in global freight forwarding. However, challenges such as product development delays, high R&D costs, and governance concerns were noted. Despite these challenges, the financial performance and strategic achievements indicate a positive outlook.
Q2-2025 Updates
Positive Updates
Strong Revenue and EBITDA Growth
In 1H 2025, WiseTech delivered total revenue of $381 million, an increase of 17% on 1H 2024. EBITDA was up 28% to $192.3 million with the EBITDA margin increasing by 5 percentage points to 50%.
Impressive CargoWise Performance
CargoWise revenue grew organically by 20% to $331.7 million with recurring revenue at 99%.
Successful Strategic Acquisitions
Post-period, WiseTech completed the acquisition of BSM Global and entered into an agreement to acquire ImpexDocs, enhancing its digital documentation capabilities.
Significant Dividend Increase
The Board determined an interim dividend of $0.067 per share, up 31% on first half 2024, representing a payout ratio of 20% of underlying NPAT.
Expansion of Global Freight Forwarder Rollouts
Business momentum continued with two new top 25 large global freight forwarder wins, Nippon Express and LOGISTEED.
Negative Updates
Product Development Delays
Development of Container Transport Optimization is ongoing, with initial launch delayed to 2H 2025 in Australia.
High R&D Investment
Overall R&D investment increased by $20.6 million or 18% versus 1H 2024, representing 36% of revenue, indicating high operational costs.
Governance Concerns
There were questions regarding the impact of recent Board changes on governance and customer reactions.
Company Guidance
In the call regarding WiseTech Global Limited's first half of 2025 financial results, Andrew Cartledge highlighted several key metrics and strategic developments. The company reported a 17% increase in total revenue to $381 million compared to the first half of 2024, with CargoWise revenue growing organically by 20% to $331.7 million. The EBITDA was up by 28% to $192.3 million, with an EBITDA margin increase of 5 percentage points to 50%. The underlying net profit after tax rose by 34% to $112.1 million, and free cash flow improved by 22% to $124.1 million. An interim dividend of $0.067 per share was declared, marking a 31% increase from the previous year. The company also achieved two significant wins with top 25 global freight forwarders, Nippon Express and LOGISTEED. WiseTech is progressing with strategic acquisitions and product developments, including the launch of ComplianceWise and CargoWise Next, and anticipates launching Container Transport Optimization in the second half of FY 2025 in Australia. The guidance for FY 2025 suggests revenue at the lower end of $792 million to $858 million, with a projected EBITDA growth of 22% to 34% and an exit margin rate of around 52%.

Wisetech Global Financial Statement Overview

Summary
Wisetech Global Ltd.'s financial statements reflect strong growth and financial health. The company showcases impressive revenue and profit growth, coupled with robust margins and efficient cash flow management. Its conservative balance sheet with low leverage supports long-term stability, positioning the company well within the software application industry.
Income Statement
90
Very Positive
Wisetech Global Ltd. exhibits strong revenue growth, with a 27.52% increase from 2023 to 2024. The gross profit margin is robust at 84.00%, indicating efficient cost management. The net profit margin improved to 25.23%, reflecting enhanced profitability. EBIT and EBITDA margins of 36.53% and 40.27% respectively showcase strong operational performance.
Balance Sheet
85
Very Positive
The company maintains a low debt-to-equity ratio of 0.05, suggesting a conservative financial structure. Return on equity is solid at 11.87%, demonstrating effective use of shareholder funds. An equity ratio of 78.31% indicates strong capitalization and financial stability.
Cash Flow
88
Very Positive
Free cash flow grew by 3.72%, signifying improved cash generation. The operating cash flow to net income ratio is 1.71, and the free cash flow to net income ratio is 0.95, both reflecting healthy cash flow management relative to earnings.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue1.04B816.80M632.20M507.50M429.40M
Gross Profit875.20M633.10M493.70M381.80M315.40M
EBITDA419.70M395.00M321.40M209.40M130.50M
Net Income262.80M212.20M194.70M108.10M160.80M
Balance Sheet
Total Assets2.83B2.66B1.66B1.40B1.28B
Cash, Cash Equivalents and Short-Term Investments121.70M143.00M483.40M315.00M223.70M
Total Debt104.40M256.40M33.50M35.00M45.80M
Total Liabilities613.70M764.10M348.40M293.90M273.50M
Stockholders Equity2.21B1.89B1.32B1.11B1.00B
Cash Flow
Free Cash Flow250.60M241.60M201.90M119.70M40.10M
Operating Cash Flow448.70M383.60M304.20M210.50M130.60M
Investing Cash Flow-240.30M-882.00M-105.70M-96.50M-147.50M
Financing Cash Flow-225.50M173.30M-34.30M-22.00M-18.20M

Wisetech Global Technical Analysis

Technical Analysis Sentiment
Positive
Last Price116.69
Price Trends
50DMA
111.62
Positive
100DMA
100.67
Positive
200DMA
109.48
Positive
Market Momentum
MACD
1.58
Positive
RSI
55.94
Neutral
STOCH
32.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WTC, the sentiment is Positive. The current price of 116.69 is above the 20-day moving average (MA) of 116.55, above the 50-day MA of 111.62, and above the 200-day MA of 109.48, indicating a bullish trend. The MACD of 1.58 indicates Positive momentum. The RSI at 55.94 is Neutral, neither overbought nor oversold. The STOCH value of 32.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:WTC.

Wisetech Global Peers Comparison

Overall Rating
UnderperformOutperform
Sector (69)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
$38.46B125.4013.73%0.17%19.03%37.24%
74
Outperform
AU$1.89B58.8036.92%0.90%7.00%19.41%
69
Neutral
¥233.77B14.287.64%2.58%9.19%5.32%
68
Neutral
AU$1.01B14.0757.04%11.61%18.63%
66
Neutral
$29.18B131.5612.98%20.44%26.78%
65
Neutral
€1.47B16.6527.46%1.21%-3.98%
65
Neutral
€13.40B100.4737.44%0.58%17.52%20.78%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:WTC
Wisetech Global
116.69
27.36
30.63%
AU:TNE
Technology One Limited
41.27
20.22
96.02%
AU:IRE
IRESS Limited
8.38
-1.61
-16.08%
AU:XRO
Xero Limited
178.40
46.59
35.35%
AU:BVS
Bravura Solutions Limited
2.31
1.29
126.47%
AU:OCL
Objective Corporation Limited
19.96
7.59
61.36%

Wisetech Global Corporate Events

WiseTech Global Completes Strategic Acquisition of E2open
Aug 3, 2025

WiseTech Global has completed the acquisition of E2open Parent Holdings, a U.S.-based provider of cloud-based trade and supply chain SaaS solutions, for $2.1 billion. This strategic acquisition expands WiseTech’s market reach into global and domestic trade, enhancing its product offerings and positioning it as a comprehensive operating system for global trade and logistics. The integration aims to improve efficiency and digitization across the supply chain, benefiting stakeholders such as logistics providers, shippers, and consumers.

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 Announces Cessation of Securities
Jul 4, 2025

Wisetech Global Limited announced the cessation of certain securities, specifically the lapse and cancellation of share rights due to unmet conditions or mutual agreement. This announcement may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s financial strategies and operational decisions.

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 Announces Issuance of Unquoted Equity Securities
Jul 4, 2025

Wisetech Global Limited has announced the issuance and conversion of 8,783 unquoted equity securities, reflecting its ongoing efforts to manage its capital structure effectively. This move could potentially impact the company’s market position by increasing its equity base, which may influence stakeholder perceptions and investment decisions.

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 Appoints New Director Roberto Castaneda
Jul 1, 2025

WiseTech Global Limited has announced the appointment of Roberto Castaneda as a director effective July 1, 2025. Castaneda holds 2,908 ordinary shares through Macquarie Investment Management Limited, indicating a vested interest in the company’s performance. This appointment may influence WiseTech Global’s strategic direction and stakeholder confidence.

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 Announces Strategic Board Appointments and Retirements
Jun 19, 2025

WiseTech Global has announced the appointment of Sandra Hook and Rob Castaneda as Independent Non-Executive Directors, effective July 1, 2025, as part of its ongoing Board renewal program. This strategic move aims to bring diverse expertise to support WiseTech’s future growth, with Hook’s experience in governance and transformation and Castaneda’s expertise in digital transformation and AI. The company also announced the intended retirements of Charles Gibbon and Michael Gregg, with Andrew Harrison taking over as Chair of the Audit & Risk Committee. These changes are expected to enhance WiseTech’s global growth and innovation, while the Board continues to seek additional director candidates.

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 Acquires E2open to Boost Logistics Software Offerings
May 25, 2025

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 Expands Market Reach with E2open Acquisition
May 25, 2025

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 Showcases Strategies at Macquarie Conference
May 5, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 22, 2025