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Financial statements

Wise Group plc financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Wise Group plc files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2026FY2026
Revenue1,7762,0992,503
Selling and marketing79.6106172
General and administrative195273382
Operating expenses1,1261,3711,912
Operating income650728591
Interest expense24.11519.5
Other non-operating income6.6-10.769.7
Pre-tax income657718660
Income tax155167162
Net income502550499
EBITDA664738605
EPS, basic48.5753.3148.92
EPS, diluted47.8152.6348.43
Shares, basic (weighted)1,0331,0321,020
Shares, diluted (weighted)1,0491,0461,030

Balance sheet

FY2024FY2026FY2026
Cash and equivalents13,24618,06627,802
Short-term investments6,0144,583
Receivables348391
Other current assets104185
Total current assets24,55132,981
Property, plant and equipment151190
Intangible assets5.14.5
Other non-current assets20.527.4
Total assets24,78133,260
Accounts payable21.715.8
Deferred revenue14.722.5
Short-term debt1286
Total current liabilities22,89630,806
Long-term debt0329
Lease liabilities97.1133
Other non-current liabilities44.959.5
Total liabilities23,04431,335
Total debt0329
Paid-in capital164166
Retained earnings1,6562,111
Treasury stock-85-423
Other comprehensive income-11.256.5
Shareholders' equity1,1651,7371,925
Total equity1,1651,7371,925
Total liabilities and equity24,78133,260

Cash flow statement

FY2024FY2026FY2026
Net income502550499
Depreciation and amortization14.39.714.4
Stock-based compensation91.174.695.5
Deferred income tax43.2-0.52.7
Change in receivables-23693.4-24.3
Cash from operations4,0755,7207,554
Capital expenditures-13.4-44.1-19.6
Purchases of investments-11,989-8,228-9,047
Cash from investing-181-7591,739
Debt issued00329
Share buybacks-86.2-92.5-473
Cash from financing-148-230-275
Exchange rate effect25.189.5718
Net change in cash3,7714,8219,736
Free cash flow4,0625,6757,534
Interest paid211915.9
Income taxes paid93.1184163

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $11.55 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin23.6%Operating income / revenue.
EBITDA margin24.2%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin26.4%Pre-tax income / revenue.
Net margin19.9%Net income / revenue.
FCF margin301.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin301.8%Cash from operations / revenue.
Effective tax rate24.5%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)27.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.7%Net income / average total assets.
Stock-based pay / revenue3.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.8%Capital expenditures / revenue.
D&A / revenue0.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y19.2%Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y-18.9%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-18.0%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-9.4%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-8.0%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y32.1%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y32.8%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y10.8%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y34.2%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y-1.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.07xCurrent assets / current liabilities.
Quick ratio1.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.05x(Cash + short-term investments) / current liabilities.
Debt / equity0.17xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets1.0%Total debt / total assets.
Liabilities / assets94.2%Total liabilities / total assets.
Net debt-$32.06BTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA-53.0xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage30.3xOperating income / interest expense.
Working capital$2.18BCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.
Tangible book value$1.92BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.09xRevenue / average total assets.
Fixed asset turnover14.7xRevenue / average property, plant and equipment.
Receivables turnover6.77xRevenue / average receivables.
Days sales outstanding54 days365 x average receivables / revenue.
FCF conversion1,511.0%Free cash flow / net income, when net income is positive.
Capex / operating cash flow0.3%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$48.43Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$48.92Net income per basic share, as reported (split-adjusted).
Revenue per share$2.43Revenue / diluted weighted shares.
FCF per share$7.32Free cash flow / diluted weighted shares.
Operating cash flow per share$7.34Cash from operations / diluted weighted shares.
Book value per share$1.87Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.87Tangible book value / shares outstanding.
Cash per share$31.45(Cash + short-term investments) / shares outstanding.
Buybacks / FCF6.3%Share buybacks / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$14.20BShare price x shares outstanding.
Enterprise value-$17.86BMarket cap + total debt - cash - short-term investments.
P/E28.5xMarket cap / net income. Only when net income is positive.
P/S5.67xMarket cap / revenue.
P/B7.38xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book7.39xMarket cap / tangible book value, when positive.
P/FCF1.88xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF1.88xMarket cap / cash from operations, when positive.
FCF yield53.1%Free cash flow / market cap.
Earnings yield3.5%Net income / market cap (the inverse of P/E).
Shareholder yield3.3%(Dividends paid + share buybacks) / market cap.
What was Wise Group plc's revenue in fiscal 2026?

Wise Group plc reported revenue of $2.50B for fiscal 2026, 19.2% higher than the year before.

Was Wise Group plc profitable in fiscal 2026?

Yes. Net income was $498.7M, a net margin of 19.9%.

How much free cash flow did Wise Group plc generate in fiscal 2026?

Cash from operations of $7.55B minus capital expenditures of $19.6M left free cash flow of $7.53B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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