Aug 21, 2024 / NTS GMT
Richard White - WiseTech Global Ltd - Chief Executive Officer, Founder, Executive Director
Good morning, everyone, and thank you for joining us for our FY24 results briefing. Before we look at the financials, I'd like to call out the highlights we are sharing today.
Firstly, we delivered a strong result, especially at the EBITDA level due to a solid lift in margin as we can execute on our 3P strategy. Our EBITDA margin run rate in the fourth quarter was 50%, which we achieved a full year ahead of schedule.
Secondly, penetration of our world-leading CargoWise solution has continued with the addition of TIBA Tech, Grupo TLA Logistics, as well as post-year-end signing Nippon Express, a top 10 global freight forwarder and the largest Japanese freight forwarder, taking us to 52 large global rollouts and more than 50% of the top 25 with Nippon.
Thirdly, we are announcing three breakthrough products that present a substantial advance in product capability. CargoWise Next, our fourth-generation web-enabled feature-rich platform; Container Transport Optimization, which dramatically extends
Full Year 2024 WiseTech Global Ltd Earnings Call Transcript
Aug 21, 2024
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