Wise

Q124 print – beat on income despite VPC weakness

  • Companies : Wise

DAVY VIEW

Wise (WISE) released its Q124 growth metrics this morning. Strong customer growth across segments and another quarter-on-quarter (qoq) increase in interest income drove total income of £310.9m (+66% yoy, +11% qoq), above consensus of £299.1m despite a 3% qoq fall in volume per customer (VPC). The company retains FY24 guidance.

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Jul 18 2023, 07:55 IST/BST

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