Stock Analysis
WiseTech Global Full Year 2024 Earnings: Revenues Disappoint
WiseTech Global (ASX:WTC) Full Year 2024 Results
Key Financial Results
- Revenue: AU$1.04b (up 28% from FY 2023).
- Net income: AU$262.8m (up 24% from FY 2023).
- Profit margin: 25% (in line with FY 2023).
- EPS: AU$0.79 (up from AU$0.65 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WiseTech Global Revenues Disappoint
Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are up 19% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on WiseTech Global's balance sheet health.
Valuation is complex, but we're here to simplify it.
Discover if WiseTech Global might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:WTC
WiseTech Global
Provides software solutions to the logistics execution industry in the Americas, Asia Pacific, Europe, Middle East and Africa, and internationally.