Wise (LSE:WISE) Net Margin % : 19.82% (As of Sep. 2023)

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What is Wise Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wise's Net Income for the six months ended in Sep. 2023 was £141 Mil. Wise's Revenue for the six months ended in Sep. 2023 was £709 Mil. Therefore, Wise's net margin for the quarter that ended in Sep. 2023 was 19.82%.

The historical rank and industry rank for Wise's Net Margin % or its related term are showing as below:

LSE:WISE' s Net Margin % Range Over the Past 10 Years
Min: 4.96 Med: 5.84 Max: 17.03
Current: 17.03

LSE:WISE's Net Margin % is ranked better than
88.57% of 2764 companies
in the Software industry
Industry Median: 1.71 vs LSE:WISE: 17.03

Wise Net Margin % Historical Data

The historical data trend for Wise's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wise Net Margin % Chart

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

5.79

4.96

7.34

5.84

11.56

Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial				4.93	6.60	8.89	13.54	19.82

Competitive Comparison of Wise's Net Margin %

For the Information Technology Services subindustry, Wise's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wise's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Wise's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wise's Net Margin % falls into.

Wise Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Wise's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	114	/	986.3
	=	11.56 %

Wise's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	140.6	/	709.3
	=	19.82 %

Wise (LSE:WISE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Wise Net Margin % Related Terms

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Wise (LSE:WISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK 6WS0:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.