WiseTech Global : WTC 1H25 - Investor presentation

About this update from Wisetech Global Ltd.

ASX Announcement: 2025/18 26 February 2025 WiseTech Global 1H25 results investor presentation Attached is the 1H25 results investor presentation for the half-year ended 31 December 2024. //ENDS Authorized for release to ASX by the Board of Directors of WiseTech Global Limited. Contact information Investor Relations and Media INVESTOR RELATIONS MEDIA Ross Moffat +61 412 256 224 Catherine Strong +61 406 759 268 About WiseTech Global WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 16,500 1 of the world's logistics companies across 195 countries, including 46 of the top 50 global third-party logistics providers and 24 of the 25 largest global freight forwarders worldwide 2 . Our mission is to change the world by creating breakthrough products that enable and empower those that own and operate the supply chains of the world. At WiseTech, we are relentless about innovation, adding over 5,800 product enhancements to our global CargoWise application suite in the last five years while bringing meaningful continual improvement to the world's supply chains. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach. For more information about WiseTech Global or CargoWise, please visit wisetechglobal.com and cargowise.com Includes customers on CargoWise and non-CargoWise platforms whose customers may be counted with reference to installed sites Armstrong & Associates: Top 50 Global 3PLs & Top 25 Global Freight Forwarders ranked by 2023 gross logistics revenue/turnover and freight forwarding volumes - updated 14 August 2024 WiseTech Global Limited ABN 41 065 894 724 Unit 3a, 72 O'Riordan Street Alexandria NSW 2015 1H25 Results Financial data: All dollar values are in U.S. dollars (USD) unless otherwise presented. © 2025 WiseTech Global Important notice and disclaimer Content of presentation for information purposes only Visit wisetechglobal.com/investors Forward-looking statements This presentation may contain statements that are, or may be deemed to be, forward-looking statements. Such statements can generally be identified by the use of words such as 'may', 'will', 'expect', 'intend', 'plan', 'estimate', 'anticipate', 'believe', 'continue', 'objectives', 'outlook', 'guidance', 'forecast' and similar expressions. Indications of plans, strategies, management objectives, sales and financial performance are also forward- looking statements. Such statements are not guarantees of future performance, and involve known and unknown risks, uncertainties, assumptions, contingencies and other factors, many of which are outside the control of WiseTech Global. No representation is made or will be made that any forward-looking statements will be achieved or will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements and WiseTech Global assumes no obligation to update such statements. No representation or warranty, expressed or implied, is made as to the accuracy, reliability, adequacy or completeness of the information contained in this presentation. Past performance Past performance information in this presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance. Preparation of information All financial information has been prepared and reviewed in accordance with Australian Accounting Standards. Certain financial data included in this presentation is 'non-IFRS financial information'. The Company believes that this non-IFRS financial information provides useful insight in measuring the financial performance and condition of WiseTech Global. Readers are cautioned not to place undue reliance on any non-IFRS financial information including ratios included in this presentation. Presentation of information The financial data in this presentation is provided on a statutory basis but in a non-statutory presentation format (unless otherwise stated) Pro forma (PF) Where indicated, financial measures for periods prior to FY17 are provided on a pro forma basis. Information on the specific pro forma adjustments is disclosed on page 116 of WiseTech Global's 2019 Annual Report Currency All amounts in this presentation are in U.S. dollars unless otherwise stated FY refers to the full year to 30 June, 1H refers to the six months to 31 December, and 2H refers to the six months to 30 June Rounding Amounts in this presentation have been rounded to the nearest $0.1m. Any differences between this presentation and the accompanying financial statements are due to rounding. Amounts shown as "-" represent zero amounts and amounts less than $50,000 which have been rounded down Information is not advice This presentation is not, and is not intended to constitute, financial advice, or an offer or an invitation, solicitation or recommendation to acquire or sell WiseTech Global shares or any other financial products in any jurisdiction and is not a prospectus, product disclosure statement, disclosure document or other offering document under Australian law or any other law. This presentation also does not form the basis of any contract or commitment to sell or apply for securities in WiseTech Global or any of its subsidiaries. It is for information purposes only. WiseTech Global does not warrant or represent that the information in this presentation is free from errors, omissions or misrepresentations or is suitable for your intended use. The information contained in this presentation has been prepared without taking account of any person's investment objectives, financial situation or particular needs and nothing contained in this presentation constitutes investment, legal, tax or other advice. The information provided in this presentation may not be suitable for your specific needs and should not be relied upon by you in substitution of you obtaining independent advice. Subject to any terms implied by law and which cannot be excluded, WiseTech Global accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect) incurred by you as a result of any error in, omission from or misrepresentation in this presentation. 2 © 2025 WiseTech Global Third party information and market data The views expressed in this presentation contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, reliability, adequacy or completeness of the information. This presentation should not be relied upon as a recommendation or forecast by WiseTech Global. Market share information is based on management estimates except where explicitly identified. No liability or responsibility The information in this presentation is provided in summary form and is therefore not necessarily complete. To the maximum extent permitted by law, WiseTech Global and each of its subsidiaries, affiliates, directors, employees, officers, partners, agents and advisers and any other person involved in the preparation of this presentation disclaim all liability and responsibility (including without limitation, any liability arising from fault or negligence) for any direct or indirect loss or damage which may arise or be suffered through use or reliance on anything contained in, or omitted from, this presentation. WiseTech Global accepts no responsibility or obligation to inform you of any matter arising or coming to its notice, after the date of this presentation, which may affect any matter referred to in this presentation. This presentation should be read in conjunction with WiseTech Global's other periodic and continuous disclosure announcements lodged with the ASX. Our vision Our mission To be the operating system for global logistics. To create breakthrough products that enable and empower those that own and operate the supply chains of the world. © 2025 WiseTech Global Agenda Highlights 5 1H25 financial review 8 Strategy & outlook 15 Q&A 25 Appendices 26 © 2025 WiseTech Global Highlights ANDREW CARTLEDGE, INTERIM CEO Highlights Strong 1H25 performance Revenue and EBITDA in line with expectations; continued business momentum with +5pp EBITDA margin expansion and two Top 25 LGFF wins, Nippon Express and LOGISTEED. Strategic tuck-in acquisitions Continue to actively pursue strategic tuck-in acquisitions in line with key development areas, adding BSM Global and signing ImpexDocs, both in digital documentation. Breakthrough products progressing Launched new breakthrough products ComplianceWise and CargoWise Next; Container Transport Optimization now expected as an initial launch in 2H25 in Australia. Continued momentum in 2H Setting a strong platform for long-term value creation. 6 © 2025 WiseTech Global Strong 1H25 financial performance Progress on 3P strategy Total revenue $381.0m 15% organically 1 ( ↑ 17% reported) on 1H24 Total revenue growth $54.0m Recurring revenue 98% ( ↑ 1pp) Underlying NPAT 1 $112.1m 34% on 1H24 Statutory NPAT $106.4m ( ↑ 38%) Underlying EPS 33.7cps ( ↑ 33%) CargoWise revenue $331.7m 20% organically ( ↑ 21% reported) on 1H24 Total CargoWise revenue growth $56.8m CargoWise recurring revenue 99% Free cash flow $124.1m 22% on 1H24 Operating cash flow $202.7m ( ↑ 24%) Free cash flow conversion rate 65% ( ↓ 3pp) 50% Rule of 40 1 EBITDA $192.3m 27% organically ( ↑ 28% reported) on 1H24 Organic EBITDA margin 52% ( ↑ 5pp) Reported EBITDA margin 50% ( ↑ 5pp) Interim dividend 6.7 cps 31% on 1H24 Fully franked Payout ratio 20% of Underlying NPAT 7 © 2025 WiseTech Global 1. See definitions on slide 40. For Underlying NPAT see also reconciliation on slide 35. 1H25 financial review CAROLINE PHAM, INTERIM CFO 1H25 results Strong financial performance USD M 1H24 1H25 % change CargoWise revenue 274.9 331.7 21% Non-CargoWise revenue 1 52.1 49.3 (5)% Total revenue 327.0 381.0 17% Cost of revenues (51.5) (52.0) 1% Gross profit 275.5 329.0 19% Gross profit margin 84% 86% 2pp Operating expenses (125.4) (136.7) 9% EBITDA 150.1 192.3 28% EBITDA margin 46% 50% 5pp Depreciation & amortization 2 (35.6) (42.7) 20% EBIT 114.5 149.7 31% Net finance costs (5.9) (1.8) (70)% Fair value gain on contingent consideration - (0.2) nm 4 Profit before income tax 108.7 147.7 36% Tax expense (31.6) (41.3) 31% Statutory NPAT 77.1 106.4 38% Basic EPS (CPS) 23.3 32.0 37% Underlying NPAT 3 83.8 112.1 34% Underlying EPS (CPS) 25.3 33.7 33% Revenue Total revenue of $381.0m, up 17% on 1H24 Total CargoWise revenue grew to $331.7m, up 21% on 1H24, including 20% organic growth, $5.9m from FY24 M&A and $(0.6)m FX headwind Gross profit Gross profit was $329.0m, up 19% on 1H24 86% Gross profit margin, up 2pp on 1H24 EBITDA Reported EBITDA $192.3m up 28%, including benefits from cost efficiency program EBITDA margin at 50%, up 5pp on 1H24 EBIT and depreciation & amortization (D&A) D&A increased $7.1m, up 20% from continued R&D investment EBIT up 31% on 1H24 Net finance costs Net finance costs reduced to $1.8m, driven by lower borrowings NPAT and earnings per share (EPS) Underlying NPAT 3 of $112.1m, up 34% on 1H24 Underlying EPS 33.7cps, up 33% on 1H24 Statutory NPAT of $106.4m, up 38% on 1H24 1. See definition on slide 40. 2. Reconciliation of statutory expenses to non-statutory expenses on slide 34 in appendices. 9 © 2025 WiseTech Global 3. Underlying NPAT: Net Profit After Tax excluding fair value adjustments from changes to acquisition contingent consideration, non-recurring tax on acquisition contingent consideration, acquired amortization net of tax, contingent and deferred consideration interest unwind net of tax and M&A costs. See definition on slide 40 and reconciliation on slide 35. 4. Not measured.

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