• Revenue and EBITDA grew 60% and 39% respectively
• Profit after tax increased 130% to $1.3 million
• Interim dividend of 0.4 cents per share declared

Wiseway Group Limited ('the Group') reported its results for the six months ended 31 December 2024. The Group's revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) were $83,903,000 and $5,965,000 respectively, representing growth of 60% and 39% compared to the prior corresponding period. Profit for the period after providing for income tax amounted to $1,291,000, a 130% increase from the previous year. The significant improvement in profitability was driven by effective cost management, operational improvements and focused strategic initiatives. The Group's Imports and USA divisions were the key contributors to the revenue growth, benefiting from strong inbound China volumes. The company also completed the acquisition of KWT International Inc. in the USA, which is expected to provide further growth opportunities. Looking ahead, Wiseway anticipates that Imports and the United States will continue to be sources of rapid growth, while the Lobster exports into China are also expected to provide a tailwind to the Perishables business. The Group intends to continue distributing dividends to shareholders, declaring an interim dividend of 0.4 cents per share, payable on 11 April 2025.

Wiseway anticipates that Imports and the United States will continue to be sources of rapid growth, while the Lobster exports into China are also expected to provide a tailwind to the Perishables business in the 2H25 financial year.

Wiseway believes the full-year results will reflect significant growth compared to previous years, and the company intends to continue distributing dividends to shareholders as it realises positive results, with a focus on paying sustainable dividends while ensuring continued reinvestment in the business.