Earnings Alerts

Wise PLC (WISE) Earnings: FY Gross Profit Aligns with Estimates at GBP1.31 Billion

  • Wise’s gross profit for the fiscal year reached GBP 1.31 billion, meeting the estimates of GBP 1.3 billion.
  • The company is committed to achieving medium-term guidance for underlying income growth of 15-20%.
  • Wise targets an underlying profit before tax margin of 13-16% over the medium term.
  • In fiscal year 2024, Wise aims for a compound annual growth rate (CAGR) of 15-20% in underlying income.
  • Approximately 65% of Wise’s transactions are completed in under 20 seconds, benefiting more customers with instant payments.
  • Market sentiment shows 13 buy ratings, 5 hold ratings, and 4 sell ratings for Wise.

A look at Wise PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Wise PLC, a company that specializes in designing software solutions for international money transfers, holds a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, Wise PLC is positioned for robust expansion and strong performance in the future. The company’s innovative approach to facilitating multi-currency transactions globally has resonated well with customers worldwide, contributing to its positive momentum in the market.

Although Wise PLC may have room for improvement in areas like Value and Dividend, its exceptional ratings in Growth, Resilience, and Momentum signify a solid foundation for sustained success. Investors looking for a company with significant growth potential and a resilient business model may find Wise PLC an attractive prospect for long-term investment opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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