WiseTech Global Ltd reported an 11% drop in annual statutory net profit to $178.7 million for the year ended June 30, as expenses tied to the $2.1 billion acquisition of e2open and restructuring costs offset revenue growth.
Revenue surged 79% to $1.396 billion, driven primarily by the e2open deal, while underlying net profit after tax—excluding acquisition and restructuring charges—rose 29% to $313.5 million. Basic earnings per share fell 11% to 53.6 cents.
Operating profit increased 21% to $353.3 million, though gross profit margin narrowed to 77% from 86%, reflecting the lower-margin revenue mix from e2open’s professional services. Net finance costs jumped to $131.7 million, up from $3.5 million, as the company serviced debt incurred for the acquisition.
The company declared a fully franked final dividend of 8.8 cents per share, a 14% increase from the prior year. CargoWise platform revenue grew 11% to $756.9 million, with customer attrition remaining below 1%.
For the year ending June 2027, WiseTech guided revenue to $1.48 billion–$1.54 billion, an increase of 6%–10%, and projected underlying EBITDA of $725 million–$780 million, a rise of 12%–21%. EBITDA margin is expected to range between 49% and 51%.
The company attributed the profit decline to integration expenses and restructuring charges related to its AI transformation program, while growth in the core CargoWise platform was supported by new freight-forwarder deployments, higher usage, pricing adjustments, and the December 2025 launch of CargoWise Value Packs.
