WiseTech Global Ltd (ASX:WTC) Annual Report

During the year to 30 June 2019, WiseTech Global Ltd (ASX:WTC) (FRA:17W) (OTCMKTS:WTCHF) continued to deliver significant revenue growth driven primarily by continued strong organic growth across the global business, the addition of over 830 internally developed product enhancements and features to the CargoWise One technology platform, and the acquisition of strategic assets in new geographies and adjacent technologies that will accelerate future growth.

- Revenue for FY19 increased 57% to $348.3m (FY18: $221.6m)

- Operating profit increased 37% to $80.2m (FY18: $58.4m)

- Net profit after tax increased 33% to $54.1m (FY18: $40.8m)

- Earnings per share increased 27% to 17.7 cents per share (FY18: 13.9 cents per share)

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About WiseTech Global Ltd

WiseTech Global Ltd (ASX:WTC) is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 12,000 of the world's logistics companies across 150+ countries, including 43 of the top 50 global third-party logistics providers and 25 of the 25 largest global freight forwarders worldwide. Our flagship platform, CargoWise One, forms an integral link in the global supply chain and executes over 50 billion data transactions annually. At WiseTech, we are relentless about innovation, adding ~3,500 product enhancements to our global CargoWise platform in the past five years while bringing meaningful continual improvement to the world's supply chains. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.

The WiseTech Global group includes CargoWise One, ABM Data Systems, ACO Informatica, BorderWise, Bysoft, Cargoguide, CargoIT, CargoSphere, CMS Transport Systems, Containerchain, CustomsMatters, DataFreight, Depot Systems, EasyLog, Fenix, Forward, Intris, LSP Solutions, Microlistics, Multi Consult, Pierbridge, Prolink, Ready Korea, SaaS Transportation, SmartFreight, Softcargo, Softship, Systema, Taric, Trinium Technologies, Ulukom, Xware, zsoft, and znet Group.

     

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