London · Delayed Price · Currency is GBP · Price in GBX Wise Group Earnings Call Transcripts
Fiscal Year 2026
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Wise is scaling rapidly in the global cross-border payments market, leveraging proprietary infrastructure, direct payment system connections, and AI-driven innovation to deliver instant, low-cost transfers. Financial performance remains strong, with strategic price reductions and diversified revenue streams supporting sustainable growth and a widened margin guidance range.
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Active customers and cross-border volumes saw strong double-digit growth, with underlying income up 16% and profit margins at the top of the target range. Investments in infrastructure, product, and marketing are driving customer acquisition, while price reductions have accelerated volume growth.
Fiscal Year 2025
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FY2025 saw 21% growth in active customers and 23% in cross-border volume, with underlying income up 16% and profit before tax up 17%. Wise continues to invest in infrastructure, expand partnerships, and pursue a dual U.S. listing to drive future growth.
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Wise is investing heavily in infrastructure and product expansion to capture a growing share of the £32 trillion cross-border payments market, with Wise Platform set to drive long-term growth through partnerships with banks and platforms. Financial guidance targets 15%-20% income growth and 13%-16% margins, supported by strong cash generation and disciplined capital allocation.
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Active customer and volume growth remained strong, with underlying income and gross profit outpacing business expansion. Infrastructure investments, new licenses, and strategic partnerships are driving scale, while guidance for FY25 remains at 15%-20% income growth and 13%-16% margin.
Fiscal Year 2024
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Wise has evolved from a cross-border transfer service to a global platform offering multicurrency accounts and infrastructure for banks, driving growth through cost efficiency, viral user acquisition, and expanding partnerships. The company leverages technology to maintain a pricing edge and expects platform volumes to surpass direct business in the future.
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Strong customer and revenue growth driven by product adoption, with underlying income up 31% and reported PBT tripling year-over-year. Continued investment in price, marketing, and infrastructure is expected to support 15%-20% income growth and maintain profitability targets.