Wise has reported a significant increase in income, boosting share prices by as much as 5%.
- The company’s income reached £337m for Q2 of 2025, marking a 17% rise from the previous year.
- Regulatory approvals in major markets like India and Australia have been pivotal to Wise’s expansion.
- Despite recent growth, Wise shares have not yet returned to their 2021 peak value.
- The firm anticipates continued income growth, forecasting a 15-20% rise by the financial year’s end.
Wise’s latest trading update has positively impacted its share prices, which rose by up to 5% following the announcement of a substantial income increase. The company’s income reached £337 million for the second quarter of the 2025 financial year, reflecting a 17% rise compared to the same period the previous year, consistent with expectations.
Chief Executive Officer Kristo Karmään expressed satisfaction with the company’s performance amidst challenging market conditions, attributing their success to significant regulatory approvals. The removal of transfer caps in India and the acquisition of a financial services license in Australia have been crucial to Wise’s growth strategy, which aspires to facilitate trillions in cross-border payments.
Despite commendable achievements, Wise shares have yet to reach their peak value of 1,140p, last recorded in 2021. The share value experienced increased stability early in 2024 but suffered a decline in June, due to unmet analyst expectations in previous trading updates.
In a reflection of its robust 2024 performance, Wise reported a striking 212% increase in post-tax revenue, amounting to £354.6 million, by the end of March 2024. Nevertheless, the announcement led to a 15% drop in share prices due to revenue figures falling short of market analysts’ forecasts.
Wise remains optimistic about its fiscal outlook, projecting a continued growth in underlying income between 15% and 20% by the conclusion of the 2025 financial year. This expectation aligns with the company’s strategic projections, underscoring its forward-thinking approach in the competitive fintech landscape.
Wise’s steady growth exemplifies its strong market position, despite not fully reclaiming its historic share value.
