- Wise’s personal volume in the second quarter was GBP26.1 billion, surpassing the estimated GBP25.67 billion.
- Business volume came in at GBP9.1 billion, slightly higher than the forecasted GBP8.99 billion.
- The number of personal customers reached 8.47 million, exceeding expectations of 8.43 million.
- Business customers totaled 423,000, which fell short of the projected 431,842.
- Underlying income grew by 17% compared to previous figures.
- Management does not plan any significant future investments in reduced pricing for the latter half of FY25.
- Expected underlying income growth for FY25 remains projected at 15-20%.
- Analyst ratings include 14 buys, 5 holds, and 2 sells.
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Wise PLC on Smartkarma
Analyst coverage of Wise PLC on Smartkarma, an independent investment research network, highlights insights from Value Investors Club. In their report titled “Wise Plc (WPLCF) – Tuesday, Jul 2, 2024,” analysts point out recent stock declines linked to cyclical factors. However, investors remain optimistic about Wise’s growth potential, driven by expanding product offerings and strong core FX payments that support revenue growth. Wise’s strategic presence in various countries enables efficient cross-border transactions, bolstering its position in the market.
The report from Value Investors Club underscores Wise’s impressive track record of organic growth in a lucrative market with a high Total Addressable Market. Despite temporary setbacks in stock performance, the analysis highlights the company’s resilience and potential for sustained growth. The research provides valuable insights for investors considering Wise PLC as a promising investment opportunity.
A look at Wise PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Wise PLC seems to have a promising long-term outlook. With a strong focus on growth and resilience, Wise PLC is positioned to seize opportunities and withstand market challenges. Its high scores in Growth and Resilience indicate a robust strategy for expansion and ability to adapt to changing business environments, which bode well for sustained success.
Although Wise PLC lags in Value and Dividend scores, the high scores in Growth and Resilience overshadow these shortcomings. Investors may find the company attractive for its potential for future growth and proven ability to remain steadfast in the face of uncertainties, making Wise PLC a compelling choice for those seeking long-term investment opportunities.
### Summary: Wise PLC designs and develops software solutions, providing a platform for international multi-currency money transfers, serving customers worldwide. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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