Strong Customer and Volume Growth
Active customers increased by 21% year-on-year, with over 15.6 million people and businesses served, and cross-border volume grew by 23% to GBP145 billion.
Successful Strategic Initiatives
Integration into payment systems in the Philippines and ongoing work in Brazil and Japan. Notable partnerships with major banks like Itau and Raiffeisen on Wise Platform.
Impressive Financial Performance
Underlying income grew by 19%, reaching GBP1.4 billion, and underlying profit before tax increased by 17%.
Wise Account Adoption
Customer holdings grew 33% to GBP21.6 billion, with strong growth in Wise account usage and asset management.
Efficient Cost Management
Cost of sales increased only by 5%, significantly lower than the underlying income growth of 16%, expanding the gross profit margin to 75%.