WiseTech delivers strong financial performance and outlook

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21/02/2024

PRESS RELEASE

CargoWise revenue up 40%, total revenue up 32%, EBITDA margin ahead of expectations at 46%.

WiseTech Global Limited (WiseTech or the Company) today announced its financial results for the six months ended 31 December 2023 (1H24).

1H24 highlights
• Total revenue of $500.4 million, up 32% (up 15% organically1) on 1H23
• CargoWise revenue of $420.7 million, up 40% (up 19% organically) on 1H23, driven by recent M&A
and customer growth including new Large Global Freight Forwarder (LGFF) rollouts
• 46% ...