Wise plc, a global technology company building the best way to move and manage money around the world, has announced its results for the financial year ended 31 March 2025. The company reported strong growth, with a 23% increase in cross-border volume to £145.2 billion, driven by customer growth and greater adoption of the Wise account. The companys underlying income and revenue also increased by 16% and 15%, respectively, while its underlying profit before tax rose to £282 million. Wise also announced its intention to dual list its shares in the US and UK, aiming to accelerate its mission and bring substantial strategic and capital market benefits.
| Year | Revenue | Underlying Interest Income | Underlying Income | Cost of Sales | Net Credit Losses on Financial Assets | Underlying Gross Profit | Administrative Expenses | Net Interest Income from Corporate Investments | Other Operating Income, Net | Underlying Operating Profit | Finance Income | Finance Expense | Underlying Profit Before Tax |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1,211.9 | 150.4 | 1,362.3 | 328.1 | 9.1 | 1,025.1 | 768.6 | 33.3 | 7.1 | 296.9 | 0.7 | 15.5 | 282.1 |
| 2024 | 1,052.0 | 120.7 | 1,172.7 | 307.4 | 12.5 | 852.8 | 615.9 | 19.7 | 5.7 | 262.3 | 0 | 20.5 | 241.8 |
| YoY Movement | £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | £m |
| % | 15% | 25% | 16% | 7% | -27% | 20% | 25% | 69% | 25% | 13% | 100% | -24% | 17% |