Overview
WiseTech Global Ltd said its statutory net profit fell 11% for the year ended June 30, after taking on costs related to the acquisition and integration of supply-chain software business e2open. The Sydney-based logistics software provider recorded a strong increase in revenue, but higher financing and restructuring expenses weighed on reported earnings.
Financial results
For the year ended June 30, total revenue climbed 79% to $1.396 billion, a rise the company attributed chiefly to the acquisition of e2open. Statutory net profit after tax decreased 11%, moving to $178.7 million from $200.7 million in the prior year.
Net finance costs rose sharply to $131.7 million from $3.5 million, reflecting interest payments on the debt used to fund the roughly $2.1 billion purchase of e2open. Additionally, higher restructuring charges tied to the company’s AI transformation program further pressured statutory earnings.
On a non-statutory basis, underlying net profit after tax - which excludes acquisition costs and restructuring charges - increased 29% to $313.5 million from $243.0 million. Basic earnings per share on the statutory basis fell 11% to 53.6 cents from 60.4 cents.
Operating profit rose 21% to $353.3 million. Gross profit margin narrowed to 77% from 86%, with WiseTech noting that e2open’s higher proportion of professional services revenue reduced overall profitability.
Dividend and platform performance
The company declared a fully franked final dividend of 8.8 cents per share, an increase of 14% from the prior year’s final payment.
Revenue from WiseTech’s core CargoWise platform increased 11% to $756.9 million. The company said this growth was supported by new freight-forwarder deployments, greater usage, price increases and the CargoWise Value Packs model launched in December 2025. Customer attrition stayed below 1%.
Outlook
For the year ending June 2027, WiseTech forecast revenue between $1.48 billion and $1.54 billion, representing growth of 6% to 10%. The company projected underlying EBITDA of $725 million to $780 million, implying growth of 12% to 21% and an underlying EBITDA margin between 49% and 51%.
Contextual note
The company reported both statutory and underlying metrics, highlighting the impact of the e2open acquisition and related financing and integration expenses on reported profit, while underlying measures showed expansion.