The Australian software sector, WTC, ZIP, ALU
Fund Manager Chris Pedersen discusses Zip Co, Altium and WiseTech Global.
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WiseTech Global is an innovative global developer of cloud-based software solutions for the international and domestic logistics industries. Since 1994 we have helped logistics companies efficiently manage the movement of goods and information. With over 12,000 logistics organizations using our software across 150 countries, our breakthrough solutions are designed to deliver powerful productivity, extensive functionality, comprehensive integration, and deep compliance capabilities.
Our flagship product, CargoWise One, provides a comprehensive end-to-end logistics solution, and forms an integral link in the global supply chain. From single-office businesses to large multinational companies worldwide, our clients are able to improve their visibility, efficiency, quality of service, and profitability by utilizing our next-generation technology.
As an innovator, we use software and hardware to solve problems and create new ways of working and living. We build products using the latest software tools and advanced hardware platforms, and we take pride in delivering solutions that make a significant difference to our customers, partners, staff, shareholders, and the logistics industry at large.
Our people are the core of who we are. The accumulation of our collective experience, shared values, and individual skills has allowed our business to deliver industry leading solutions that exceed expectations. We are a mature, profitable, rapidly expanding business focused on great products, the intellectual property that drives them, the brands they create, and the markets and customers they serve.
ASX listed, WiseTech Global was founded in 1994 in Sydney, Australia, with a mission to lead the international logistics industry in technology innovation. The company operates in 50 offices worldwide.
Fund Manager Chris Pedersen discusses Zip Co, Altium and WiseTech Global.
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WiseTech Global (ASX:WTC) has adjusted its FY25 guidance, lowering its revenue and EBITDA expectations following leadership changes and a delay in launching a key product.
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By far, the biggest positive reaction to a June 30 report came for WiseTech Global (ASX:WTC), the ASX’s premier IT growth stock. The company’s shares surged more than 19% at the opening of trade after revealing better-than-expected figures for the 2023-24 financial year.
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Global logistics software firm, WiseTech Global (ASX:WTC), has emerged as a unique stock in the market, embodying both tech-style growth and shareholder value, in addition to robust gains on the stock market.
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Australian logistics software group WiseTech Global has boosted dividend for the six months to December by 39% after revealing a 40% surge in earnings for the period.
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WiseTech Global has once again raised investor concerns about its appetite for big deals after revealing its second multi-million-dollar US buy in three weeks - intermodal rail solutions provider Blume Global.
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Tech giant WiseTech Global has started 2023 with a bang by making its largest acquisition to date, buying US software company Envase Technologies for $US230 million.
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Perhaps the strong revenue and profit growth experienced by WiseTech will finally quieten all the naysayers and sceptics the global logistics group seems to have collected along the way.
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Wednesday was a typically busy day on the ASX, and here's the latest news from property heavyweights Scentre Group and Stockland, along with logistics software company WiseTech.
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Results from three key tech stocks - Afterpay, Zip Co - and Wisetech Global tell an interesting story about the future of the space in Australia once Afterpay is no more.
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Contrasting results from tech darlings Appen and Wisetech on Wednesday, as the former misses its own guidance for earnings and the latter ups its forecast.
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