WiseTech Global Ltd (OTCPK:WTCHF)
$ 82.476 0 (0%) Market Cap: 27.04 Bil Enterprise Value: 28.10 Bil PE Ratio: 166.44 PB Ratio: 19.78 GF Score: 93/100

Full Year 2022 WiseTech Global Ltd Earnings Call Transcript

Aug 24, 2022 / 12:30AM GMT
Release Date Price: $36.73
Operator

Thank you for standing by, and welcome to the WiseTech Global FY '22 Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Richard White, CEO and Founder. Please go ahead.

Richard John White
WiseTech Global Limited - Founder, CEO & Executive Director

Good morning, everyone, and thank you for joining us today for our FY '22 results briefing.

Before I get into the financial highlights, I want to acknowledge the hard work and dedication of the WiseTech team. We are a team that is united in our vision and we're solving real-world problems that impact people globally every day. I'm proud to be a part of that team and of the results we are sharing today.

In FY '22, we delivered total revenue of $632.2 million, representing a 25% increase on FY '21. Excluding FX, total revenue was up 26%. Within that revenue result, CargoWise revenue grew by 37%, excluding FX. Its high-quality result is underpinned by 89% recurring revenue and less than 1% cost of attrition. That ultra-low annual

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