Wiseway Group has delivered its strongest financial performance since listing, powered by a booming US division and a sharp focus on eCommerce imports across key markets.
- Revenue jumps 66% to $186.7 million in FY25
- EBITDA climbs 65% to $13.4 million, maintaining margin stability
- US operations expand from $2.2 million to $33.1 million revenue
- Imports division doubles revenue, driven by eCommerce growth
- Dividend increases 400% to 1.0 cent per share
A Breakthrough Year for Wiseway
Wiseway Group Limited (ASX – WWG) has announced a landmark financial year, posting its best results since going public in 2018. The integrated freight and logistics operator reported a 66% surge in revenue to $186.7 million for FY25, alongside a 65% rise in EBITDA to $13.4 million. This performance underscores the company’s successful execution of strategic initiatives focused on eCommerce imports and operational efficiency.
CEO Ken Tong highlighted the transformational nature of the year, attributing the growth to a solid platform built in FY24 and a sharpened operational focus. The company’s ability to scale while maintaining an EBITDA margin of 7.2% signals disciplined cost management amid rapid expansion.
eCommerce Imports and US Expansion Fuel Growth
The standout driver was the Imports division, which more than doubled its revenue to $84.9 million. This growth was largely fueled by the booming inbound eCommerce market across Australia, New Zealand, and the USA. Wiseway’s strategic emphasis on capturing these trade flows has paid off handsomely, positioning the company as a key player in cross-border logistics.
Particularly notable was the dramatic expansion of Wiseway’s US operations, which skyrocketed from $2.2 million in FY24 to $33.1 million in FY25. This growth reflects a deliberate push into the US market, focusing on inbound eCommerce solutions and fulfillment services. The US division has quickly become a vital pillar of Wiseway’s global footprint, enabling the company to leverage synergies between China, Australia, New Zealand, and North America.
Operational Discipline and Future Outlook
Alongside top-line growth, Wiseway implemented cost-saving measures including right-sizing support functions and selective outsourcing, which helped protect margins despite rapid scaling. Investments in technology and process improvements have enhanced customer service and compliance, further strengthening the company’s competitive position.
Looking forward, Wiseway plans to deepen its penetration of eCommerce trade flows and expand its third-party logistics (3PL) and fulfillment capabilities. While export segments face headwinds due to softer demand from China, the company aims to shift focus to higher-margin clients and broaden its customer base in Australia, New Zealand, and the US.
CEO Tong remains optimistic about the company’s trajectory, emphasizing continued investment in people, technology, and compliance to sustain growth and profitability. The 400% increase in dividends to 1.0 cent per share reflects confidence in the company’s financial health and future prospects.
Bottom Line?
Wiseway’s FY25 results mark a pivotal step in its evolution, with eCommerce and US expansion setting the stage for sustained growth.
Questions in the middle?
- How will Wiseway sustain momentum in the US amid potential market fluctuations?
- What impact will softer China demand have on Wiseway’s export divisions long term?
- Can Wiseway’s operational efficiencies keep pace with its rapid expansion?