Global Stock News

Why is WiseTech Global (ASX:WTC) share price crashing today?

Why is WiseTech Global (ASX:WTC) share price crashing today?

Key Highlights

  • Total Revenue reached $1,395.9 million, up 79% on FY25, within guidance, reflecting the Acquisition of e2open, with EBITDA of $585.8 million, up 54%, exceeding guidance.
  • The company delivered approximately $115 million in total annualised run-rate cost savings in FY26, comprising $64 million from e2open, $34 million from its AI Transformation program, and $17 million from efficiency initiatives.
  • Over 95% of CargoWise customers are now on CargoWise Value Packs, with new SME signings up approximately 55% and overall new signings up approximately 30% since the model’s introduction.
  • Net Leverage Ratio was 2.7x at 30 June 2026, well ahead of the company’s previously…

Source link

Share this article

Scroll to Top