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WiseTech Global Reports Strong Half-Year Financial Results and Announces Dividend

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WiseTech Global Reports Strong Half-Year Financial Results and Announces Dividend

Wisetech Global Ltd. ( (AU:WTC) ) has provided an update.

WiseTech Global reported a strong financial performance for the half-year ended 31 December 2024, with a 17% increase in revenue to USD 381 million and a 38% rise in statutory net profit after tax to USD 106.4 million. The company also announced a FY25 interim dividend of 6.7 cents per share, reflecting its robust financial health and commitment to shareholder returns. The change in presentation currency to USD and the introduction of a dividend reinvestment plan are strategic moves to align with its global operations and enhance shareholder value.

More about Wisetech Global Ltd.

WiseTech Global is a leading developer and provider of software solutions for the logistics execution industry worldwide. The company serves over 16,500 logistics companies in 195 countries, including the majority of the top global third-party logistics providers and freight forwarders. WiseTech is known for its innovative CargoWise application suite, which enhances supply chain productivity, functionality, and compliance.

YTD Price Performance: 1.46%

Average Trading Volume: 1,250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.51B

See more data about WTC stock on TipRanks’ Stock Analysis page.

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