The WiseTech Global Ltd (ASX: WTC) share price is down 7% after reporting its FY25 result.
WiseTech provides software for the logistics execution industry globally.
WiseTech FY25 result
Here are some of the highlights from the 12 months to 30 June 2025 in US dollars:
- Revenue rose 13% to $778.7 million
- EBITDA (EBITDA explained) climbed 17% to $381.6 million
- Underlying net profit rose 30% to $241.8 million
- Statutory net profit grew 17% to $200.7 million
- Free cashflow increased 31% to $287 million
- Final dividend per share hiked by 24% to US$0.077
WiseTech said its revenue growth was driven by growth from existing customers, including large global freight forwarder (LGFF) rollouts.
The company attributed its EBITDA margin performance to its underlying operating strength of the business, as well as the momentum it’s seeing with new and existing large global freight forwarder customers, as they continued to consolidate and expand their use of the CargoWise application suite.
This ASX tech share said that it exited FY25 with an EBITDA margin of 52%, implying further reported growth in FY26. The company is also looking to enhance productivity through AI and automation.
WiseTech said its breakthrough products are progressing towards revenue generation with the CargoWise Next rollout now essentially complete. The potential value of the container transport optimisation (CTO) has increased and a strategic partnership with ACFS Port Logistics was announced.
During FY25, it secured two new Top 25 global freight forwarder rollouts, with Nippon Express and LOGISTEED.
Outlook for the WiseTech share price
The company gave some guidance based on current trends in supply chain volumes, though changes in global trade may impact guidance.
Including the recently-acquired E2open, it expects revenue of between $1.39 billion to $1.44 billion, representing revenue growth of between 79% to 85% and EBITDA of between $550 million to $585 million, representing growth of between 44% to 53%.
The EBITDA margin is expected to be diluted to between 40% to 41% following the E2open acquisition.
The market is still expecting a lot of profit growth in the future, which is why it’s still trading at a high valuation. But, investors were clearly hoping for a bit more.
We’ll have to see whether its future net profit growth justifies the expectations, it’s not one I’m looking to invest in right now with the uncertainty surrounding global trade.
