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Wise Group Shares Rally on Revenue Growth Outlook

A 4.2% jump in after-hours trading greeted Wise Group’s latest annual report, as investors reacted to a 21% surge in the company’s active customer base. The technology firm signaled sustained momentum, projecting revenue growth of up to 20% for the current fiscal year despite a slight dip in annual profit.

Wise Group Shares Rally on Revenue Growth Outlook

The company reported net revenue of $2.5 billion for the year ended March 31, a significant increase from the $2.1 billion recorded in the previous fiscal cycle. This top-line expansion helped offset a decline in bottom-line performance, with annual profit slipping to $498.7 million, or $48.43 per share, compared to $550.3 million, or $52.63 per share, in 2025.

Management remains optimistic about the fiscal trajectory, targeting net revenue growth near the midpoint of its 15% to 20% medium-term guidance range for 2027. The company's active user count now stands at 18.9 million. While the stock closed Thursday at $11.06—marking a 5.6% decline year-to-date—the post-market climb to $11.52 suggests renewed confidence in the firm’s ability to scale its user base effectively.

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