WiseTech’s fiscal 2025 results saw underlying net profit after tax up 30%, driven by 17% organic growth in CargoWise revenue and continued efficiency gains. The company guided for similar organic revenue growth for CargoWise in fiscal 2026.

The result and near-term guidance were below expectations. It expects essentially similar organic revenue growth for CargoWise in fiscal 2026, with a skew toward the second half of the year. This is despite prior guidance for revenue growth to accelerate, likely why shares are down 12%.

While disappointing in the near term, several new medium-term growth initiatives were introduced, which we think are promising.

The company is launching artificial intelligence assistants that will help freight…