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WiseTech Global Smashes Records with 79% Revenue Surge

WiseTech Global delivered a blockbuster performance, posting record revenue of $1.395 billion—a stunning 79% jump from the prior year. The logistics software giant also exceeded its own guidance, with underlying EBITDA hitting $585.8 million, up 54%. The e2open acquisition played a major role in this growth, contributing $541.2 million in revenue, while the company's core CargoWise platform grew 11% to $756.9 million.

What's particularly impressive is how WiseTech managed to squeeze efficiency gains throughout the business. The company delivered $115 million in annualized run-rate cost savings, demonstrating disciplined execution alongside aggressive growth. The launch of CargoWise Value Packs has resonated strongly with customers, boasting over 95% adoption rates and driving a 55% surge in new SME signings.

There's a catch worth noting: underlying EBITDA margin compressed by 7 percentage points to 46%, reflecting the integration costs and investments required to absorb e2open. Still, management is confident the margin story improves ahead. For FY27, WiseTech is guiding for revenue between $1.48 billion and $1.54 billion, with underlying EBITDA expected to reach $725 million to $780 million. That implies 6%-10% revenue growth and 12%-21% EBITDA expansion, with margin recovery driven by the new commercial model, AI adoption, and fresh product launches.

Lovisa's Jewel in the Crown Keeps Sparkling

Lovisa Holdings wrapped up FY26 with solid momentum, posting total global sales up 17.6% to $938.8 million. The fashion jewellery retailer's gross margin expanded by 60 basis points to 82.6%, a testament to operational leverage and better product mix. EBITDA climbed 20.9% to $301.1 million, while net profit after tax grew 10.7% to $95.6 million.

The company's store expansion strategy continues firing on all cylinders. Lovisa added 160 new stores during the year, bringing its global footprint to 1,136 locations. Comparable store sales ticked up 2.0%, and the early weeks of FY27 are looking even better—the first eight weeks showed total sales up 16.4% and comparable store sales up 3.0%, signalling improving momentum heading into spring.

Management rewarded shareholders with a final dividend of 33 cents per share, a 22.2% increase, bringing full-year dividends to 86 cents per share, up 11.7%. With a strong balance sheet and a long runway for new store growth, Lovisa is positioned to keep expanding both its physical and digital presence across existing and new markets.

Advanced Braking Technology Hits New Heights

Advanced Braking Technology delivered a strong FY26, with revenue climbing 22.7% to $23.5 million and underlying EBITDA surging 37.5% to $2.2 million. Gross margin improved to 49.3% from 48.0%, while cash ballooned 95.7% to $5.6 million—a sign of healthy cash generation and disciplined capital management.

The company's global expansion strategy is bearing fruit, particularly in North America, Africa, Asia, and the Middle East. A highlight was deploying SIBS® FailSafe solutions for JCB Telehandlers at Rio Tinto's Oyu Tolgoi operation in Mongolia, showcasing the real-world application of its technology. ABV also strengthened its aftermarket revenue streams through spare parts, consumables, and service support, and successfully launched its Refurbishment Program.

Innovation remains a cornerstone of the strategy, with successful certification of BRAKEiQ and SIBSiQ technologies positioning the company for future growth in autonomous and collision avoidance systems. For FY27, management aims to deepen market presence, grow higher-quality recurring revenue, and accelerate commercialization of next-generation technologies.

Netwealth Hits Record Milestones Across the Board

Netwealth Group capped off a stellar FY26 with record results across virtually every metric. Total income climbed 20.6% to $391.1 million, driven by a 21.0% surge in platform revenue. EBITDA reached a record $192.9 million, up 18.0%, while net profit after tax rose 16.2% to $135.4 million.

Funds Under Administration grew 20.3% to $138.8 billion, supported by robust inflows of $16.9 billion and market movements. Funds Under Management expanded even faster, jumping 27.9% to $34.6 billion. The company captured 78% of new flows from its primary users, underscoring its competitive strength in the wealth management space.

Behind the scenes, Netwealth has been investing heavily in infrastructure and people to support future growth. The company launched new managed account infrastructure and expanded its investment offerings for high-net-worth clients, including offshore funds, structured products, and a new Bond Trading solution. Management declared a fully franked final dividend of 21 cents per share, bringing full-year dividends to 42 cents, up 9.1%. Looking ahead, Netwealth is confident in its ambitions to leverage AI for enhanced growth and productivity while significantly expanding its addressable market.

Centrepoint Alliance Builds Advice Footprint

Centrepoint Alliance has acquired a 51% controlling stake in South East Queensland Advice Group for $0.5 million upfront. The Queensland-based financial advice business is expected to contribute approximately $0.6 million in annualized EBITDA initially, with a pathway to grow to $1.9 million by FY31.

The deal includes an option for Centrepoint to increase its ownership to 75% through a second tranche acquisition, contingent on performance, client transition, and succession outcomes. The valuation sits at 7.2x agreed maintainable EBITDA for both tranches, while approximately 25% ownership remains with continuing advisers and key personnel—a structure designed to support retention and long-term alignment. The acquisition aligns with Centrepoint's strategy to increase its direct participation in financial advice earnings and boost exposure to recurring, high-margin revenue streams.