We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Wise Plc | WISE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.00 | 0.11% | 901.00 | 16:35:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 891.50 | 891.50 | 906.50 | 901.00 | 900.00 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Top Posts |
|---|
Posted at 06/11/2024 21:20 by lappuliisa I love the company but I can see the confusion from retail investor side when Wise decided to drop their fee levels."In the first half of FY25 we generated an underlying profit before tax of £147.1m, a 57% increase over last year with an underlying profit before tax margin that remained elevated at 22%." "We expect the investments in pricing in the first half of FY25 to move us closer to achieving our target underlying profit before tax margin range of 13-16% in H2 FY25, from an elevated position of 22% in the first half" So first they report elevated earnings and then they say that they target a lower profit range. It's yet to be proven that the investment results in more customers and traffic, aggressively taking it away from competitors. |
Posted at 06/11/2024 13:03 by martinmc123 5*Wise plc posted another bumper set of Interims for the 6 months ended September this morning. The business operates in a huge, expanding market, with a small but growing share and it has huge growth potential accordingly, potential which is being delivered on. Active customers increased by 25% over the period, in H1 FY25 alone the Group helped 11.4m people and businesses move and manage their money around the world. Customers moved £68.4bn with Wise in H1 FY25, an increase of 19% vs H1 FY24. This robust growth...from WealthOracle wealthoracle.co.uk/d |
Posted at 05/11/2024 14:07 by lappuliisa Here's why it's up:Standard Chartered Partners with Wise Platform to Transform International Payments Experience In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments infrastructure for banks, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit. The partnership will allow Standard Chartered’s SC Remit customers in Asia and in the Middle East to send money in 21 currencies including USD, CAD, EUR, GBP, SGD, HKD, JPY in a matter of seconds all while being fully transparent on pricing — customers getting the mid-market rate with no markups. hxxps://www.business (to fix the link replace hxxps with https) |
Posted at 02/11/2024 13:44 by mrscruff I have the enterprise value of WISE around the the £9.6 billion mark given net cash of £830m. Am I correct in thinking Stokapedia have it completely incorrect in thinking it has £5billion in net cash or are they accounting for something I have missed? hxxps://www.stockope |
Posted at 16/10/2024 22:28 by trader465 “how poorly FTSE plc is generally doing. The market is relatively terrible”Did you not see wise up 100% in 2 years? And the FTSE plc steaming ahead and making continual new all time highs for the last year or so? 🤷a |
Posted at 15/10/2024 10:19 by martinmc123 5*Wise plc, the money transfer firm, posted an upbeat Q2 FY25 trading update this morning. The number of active customers using Wise grew by 23% YoY to 8.9m in Q2, driven primarily by existing customers recommending Wise. This increased demand fuelled a 20% YoY increase in cross border volume to £35.2bn, a 20% YoY increase in customer deposits and a 49% increase in card and other revenue...from WealthOracle wealthoracle.co.uk/d |
Posted at 12/10/2024 07:07 by steve73 MrScruff, as a user of Wise for currency transfers, I keep an eye on how many transactions are being done in total, based on wise' transaction reference numbers for either external transfers (usually a fixed fee), or the other for internal transfers (no fee) and currency conversions (a % based fee).Somebody using Wise to make a simple currency exchange by funding it from a "Home" account and paying it into a "foreign" account would entail 2 external transfers and one internal conversion. This is how I used to use their services. I would do this around 1 or 2x per month. However, more recently I now fund my GBP account on a quarterly basis (paid direct from my pension provider), then make a series of smaller conversions potentially upto 10 per month (mostly limit orders), followed by just one transfer every month or two to my foreign account. In addition I make use of an interest paying "Jar" whereby I make one transfer per quarter into the jar, and around 3-5 transfers out per month to provide the necessary funds for the limit orders. Clearly, I now have many more internal transactions (although effectively the same net fee as before), and a few less external transactions (thereby saving me some small costs). Over the past 4-5 years the total daily average number of internal transactions (based on Wise' unique reference #s) has increased from c. 200 thousand to around 4 million now, whilst the number of external transactions has increased from around 200 thousand to just over 1 million now, as I suspect more of their customers use the account in a similar fashion to myself. But overall, their usage has increased substantially, and perhaps goes someway to answering your question. And as a "User" I'm more than happy with the service they provide..... |
Posted at 09/9/2024 22:41 by nash19 Nothing going on, london fintech is just not well valued. Revolut will IPO next year for a comparably much higher valuation on US exchange. Wise will either benefit at a minimum or surely be taken out by a larger traditional bank or technology co. For over 1200p imo.Goldman have just reiterated a target price of 1150p. Bring it on. |
Posted at 16/7/2024 13:14 by martinmc123 Wise plc posted impressive Q1 FY25 numbers this morning. The business recorded a 26% YoY increase in active customers to 8.4 million, which fuelled an 18% YoY increase in volumes to £33.2b. Underlying income grew 22% YoY to £325.4m, with continuing growth in deposit balances (23% YoY) and strong card and other revenue growth (55% YoY). Guidance was also pretty upbeat, management are continuing to expect strong growth in FY25 with underlying income expected to grow 15-20% over FY24. Valuation is a little unhelpful with forward PE ratio at 22.9x, the share price also lacks longer run positive momentum indeed it remains below its listing price from 2021. There is a lot to like here in the business, it is a clear growth play, but there is no particular rush to buy and the company does not pay out a dividend either. One to monitor for the time being......from WealthOracle wealthoracle.co.uk/d |
Posted at 14/5/2024 12:44 by eaglebeagle So the argument that banks will do nothing is that they will lose money if they do. But if they do nothing wise will apparently take all their customers so they will lose money. Also hsbc launches zing/in app app to disrupt the wise market which means they also will be going after the banks which apparently won’t respond. As such wises addressable market is reduced. And to protect/ win back those customers who may have/might migrate(d). This is a more sophisticated market than many seem to think. Having run an fx remittance business for one of the major banks and tripled revenue in just two years I can tell you that rate sensitivity is only one of the key customer choice parameters. And not even no 1 with most customers. So WISE must be wise. It’s simply not the easy pickings some seem to believe. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
