Wise’s FY 22 release would have been satisfying under different market and macro conditions. The firm continues recording strong revenue and volume growth and aims at replicating this performance next year.
However, margins are tightening under the pressure of higher costs. Although these are expected to stabilise, the multiplication of competitors impeding trust in the business’s resilience do not bode well with the market’s short-term requirements while Wise defines itself as a long-term pla ....

28 Jun 2022
A long-term objective is not the market’s mood

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A long-term objective is not the market’s mood
Wise PLC Class A (WISE:LON) | 1,095 11 0.1% | Mkt Cap: 13,891m
- Published:
28 Jun 2022 -
Author:
Grégoire Hermann -
Pages:
3 -
Wise’s FY 22 release would have been satisfying under different market and macro conditions. The firm continues recording strong revenue and volume growth and aims at replicating this performance next year.
However, margins are tightening under the pressure of higher costs. Although these are expected to stabilise, the multiplication of competitors impeding trust in the business’s resilience do not bode well with the market’s short-term requirements while Wise defines itself as a long-term pla ....