Wise points to growth in active customers, underlying income
By Iain Gilbert
Date: Thursday 03 Apr 2025
(Sharecast News) - Fintech group Wise traded higher early on Thursday on the back of preliminary FY figures that pointed to growth in both active customers and underlying income.
Wise now expects to post a 21% increase in active customers to 15.0m and a 16% improvement in underlying income. As a result, Wise also said FY income should come to roughly £1.4bn. On the other hand, profit margins were predicted to have narrowed by 1% year-on-year in FY25.
Wise also expects to deliver underlying income growth of 15% to 20% in FY26, while pre-tax profit margins were pegged to top analysts' estimates.
As of 0915 BST, Wise shares were up 2.42% at 1,007.80p.
Reporting by Iain Gilbert at Sharecast.com
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