
WiseTech Global Ltd
ASX:WTC

WiseTech Global Ltd
Tax Provision
WiseTech Global Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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WiseTech Global Ltd
ASX:WTC
|
Tax Provision
-AU$96.9m
|
CAGR 3-Years
-23%
|
CAGR 5-Years
-32%
|
CAGR 10-Years
N/A
|
|
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Iress Ltd
ASX:IRE
|
Tax Provision
-AU$1.2m
|
CAGR 3-Years
60%
|
CAGR 5-Years
45%
|
CAGR 10-Years
21%
|
|
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TechnologyOne Ltd
ASX:TNE
|
Tax Provision
-AU$34.9m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-14%
|
|
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Altium Ltd
ASX:ALU
|
Tax Provision
-$21.4m
|
CAGR 3-Years
8%
|
CAGR 5-Years
-49%
|
CAGR 10-Years
-20%
|
|
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Objective Corporation Ltd
ASX:OCL
|
Tax Provision
-AU$6.4m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-23%
|
CAGR 10-Years
-18%
|
|
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Iris Energy Ltd
NASDAQ:IREN
|
Tax Provision
-$3.5m
|
CAGR 3-Years
-41%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
WiseTech Global Ltd
Glance View
Once a modest startup in the vast landscape of logistics and supply chain software, WiseTech Global Ltd. has matured into a formidable player in the technology sphere. Founded in 1994 by Richard White in Sydney, Australia, the company carved its niche by offering powerful and flexible solutions through its flagship product, CargoWise One. This platform is more than just software; it's a comprehensive ecosystem designed to streamline the complex web of logistics, acting as a central nervous system for freight forwarders, customs brokers, and logistics service providers. By integrating myriad functions such as customs management, rate management, and transportation planning, WiseTech simplifies the often chaotic nature of global trade. The company's success is underscored by its expansive global reach, with users in over 150 countries benefiting from the efficiencies that come with its seamless, possibly cloud-based solutions. WiseTech derives its revenue primarily through subscription fees, leveraging a Software-as-a-Service (SaaS) model that emphasizes scalability, reliability, and customer retention. Unlike traditional transaction-based models, their subscription approach allows for predictable, recurring income streams, a factor that appeals significantly to investors and contributes to its financial robustness. The company has continually expanded its capabilities and market presence through strategic acquisitions, thereby enhancing its portfolio and extending its reach into new geographies and sectors. These shrewd acquisitions comprise smaller software firms whose offerings complement the WiseTech vision, further solidifying its position not just as a software provider but as a critical enabler of global trade and logistics efficiency.

See Also
What is WiseTech Global Ltd's Tax Provision?
Tax Provision
-96.9m
AUD
Based on the financial report for Dec 31, 2024, WiseTech Global Ltd's Tax Provision amounts to -96.9m AUD.
What is WiseTech Global Ltd's Tax Provision growth rate?
Tax Provision CAGR 5Y
-32%
Over the last year, the Tax Provision growth was -26%. The average annual Tax Provision growth rates for WiseTech Global Ltd have been -23% over the past three years , -32% over the past five years .