WiseTech Global Ltd
Software - Application
News & analysis
Times are shown in GMT+11, values are delayed by at least 15 minutes. Past performance is not a reliable indicator of future results.
WiseTech is a leading global provider of logistics software, and 19 of the largest 20 third-party logistics companies are customers of the firm. The company has a very strong customer retention rate of over 99% per year, and is growing quickly as its global SaaS platform replaces legacy software. The company reinvests around 30% of revenue into research and development, but around 50% of this cost is capitalised, leading to poor cash conversion. Founder Richard White remains CEO and the largest shareholder.WiseTech Global Ltd provides cloud-based software solutions to logistics companies. The firm provides end-to-end logistics solution through its products which include CargoWise One to its clients worldwide.
Latest WTC News