Stock Analysis
Wise (LON:WISE) Full Year 2024 Results
Key Financial Results
- Revenue: UK£1.41b (up 46% from FY 2023).
- Net income: UK£354.6m (up 211% from FY 2023).
- Profit margin: 25% (up from 12% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: UK£0.34 (up from UK£0.12 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Wise EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%.
The primary driver behind last 12 months revenue was the Europe (Excluding UK) segment contributing a total revenue of UK£323.9m (23% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£591.9m (79% of total expenses). Explore how WISE's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Diversified Financial industry in the United Kingdom.
Performance of the British Diversified Financial industry.
The company's shares are down 16% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Wise's balance sheet health.
Valuation is complex, but we're helping make it simple.
Find out whether Wise is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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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.
Valuation is complex, but we're helping make it simple.
Find out whether Wise is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About LSE:WISE
Wise
Provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally.
Outstanding track record with excellent balance sheet.
