Professional
Added to YB: 2024-09-09
Pitch date: 2024-09-09
WISE.L [bullish]
Wise plc
+36.39%
current return
Author Info
No bio for this author
Company Info
Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally.
Market Cap
GBP 9.1B
Pitch Price
GBP 6.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.78
P/E
24.31
EV/Sales
4.57
Sector
Financial Services
Category
growth
Wise plc (WISE.L)
Wise (WISE.L): Low-cost cross-border money transfer platform. 4 products: transfers, debit card, high-yield account, enterprise. 51% revenue CAGR, 76% margins since 2019. CEO owns 48% voting power. $25T TAM. Trades at 14x EV/FCF. Risks: overspending. Strong growth, network effects, profitability. 4M new customers in 2.5yrs vs 11yrs prior.