Wiseway Group (ASX: WWG) announced strong 1H26 results, driven by its two strategic pillars and international expansion, alongside an increased interim dividend.
The logistics and eCommerce solutions provider delivered strong financial performance across the board.
Revenue increased by 20% to $100.3 million, demonstrating strong top-line growth.
EBITDA also saw a healthy rise, climbing 21% to $7.2 million, a sign of effective operational management alongside revenue expansion.
Profit Before Tax showed a substantial 78% jump, reaching $2.8 million.
The company has now recorded six successive profitable half-years, with basic and diluted Earnings Per Share (EPS) at 1.23 cents.
Two-Pillar Strategy Driving Performance
The company's strategic reorganisation into two distinct pillars, Wiseway Global Forwarding (WGF) and Wiseway eCommerce Solutions (WES), is complete and proving effective, streamlining the company's go-to-market approach.
Both WGF and WES pillars achieved impressive growth, with each expanding by 15-20%+ in 1H26 compared to the prior corresponding period.
Wiseway's overseas divisions were also strong performers, experiencing 23%+ growth, primarily driven by eCommerce-focused activities.
This highlights the successful execution of its international strategy.
US Expansion and Global Reach
Wiseway Group has consolidated its international position, notably regaining 100% ownership of its USA business.
This strategic move is already yielding results, with US sales activity generating new accounts.
USA revenue alone grew 36% to $15.9 million, underscoring the potential of this market, while New Zealand revenue also saw an 18% increase.
The company's operational footprint is extensive, encompassing 12 warehouses covering more than 50,000 square metres.
This network includes fulfilment and bonded hubs in major cities such as Sydney, Melbourne, Auckland, and Los Angeles, along with four cool-room depots located in Sydney, Melbourne, New Zealand, and Perth.
Increased Dividend and Healthy Cash
In a show of confidence, Wiseway Group proposed a fully franked interim dividend of 0.6 cents per share, a 50% increase on 1H25.
The company’s healthy cash balance stood at $14.4 million as of 31 December 2025.
The group continues to invest in technology and visibility platforms, with a focus on enhancing end-to-end supply chain visibility for key accounts.
These investments are intended to support margin resilience and future scale.
Outlook and Investor Risks
Wiseway Group's strategic restructuring and international expansion are yielding strong financial results.
While the outlook is constructive, investor focus will remain on the execution of the US strategy and managing potential volatility in freight markets.
Successful execution of new initiatives and integration of acquisitions carry execution and timing risks.
Additionally, the business remains susceptible to fluctuations in commodity prices, particularly within the freight market, which could impact operational costs and profitability.
