Wise Group plc

What they do

The principal activity of the Group is the provision of cross-border and domestic financial services. The Group operates through Wise Limited and its consolidated subsidiaries, with Wise Group plc acting as the ultimate holding company whose sole material asset is its equity interest in Wise Limited. The Group's prior ultimate holding company was Wise Limited (formerly Wise plc), and the May 2026 Scheme of Arrangement inserted Wise Group plc as parent.

Revenue drivers

• Cross-border financial services — The Group's principal activity is the provision of cross-border financial services; no further segment or product-level revenue breakdown is provided in the filing excerpts.
• Domestic financial services — The Group also provides domestic financial services alongside its cross-border offering; no standalone revenue figure or relative size is disclosed in the excerpts.

Recent performance

Annual revenue grew to $1.89B in fiscal 2026 from $1.55B in 2025 and $1.32B in 2024. Net income was $498.7M in fiscal 2026, down from $550.3M in 2025 but close to the $501.5M reported in 2024. Diluted EPS followed the same pattern at $48.43 in 2026 versus $52.63 in 2025 and $47.81 in 2024. Operating cash flow rose sharply to $7.55B in fiscal 2026 from $5.72B in 2025 and $4.08B in 2024. At March 31, 2026, total assets were $33.26B, total liabilities $31.33B, shareholder equity $1.93B, and cash and equivalents $27.80B.

Strategy

The filing excerpts do not include a management discussion of strategy, investments, or priorities for the Group. The only structural strategic item disclosed is the Reorganization Transaction, completed May 8, 2026, which established Wise Group plc as the ultimate holding company. On May 11, 2026, Wise Group plc's ordinary shares were admitted to trading on Nasdaq, transferring the primary listing from the LSE while retaining a secondary listing on the LSE. No other strategic initiatives are described in the provided source material.

Risks

• Holding company structure — Wise Group plc's sole material asset is its equity interest in Wise Limited and its subsidiaries, so its cash flows and value depend on distributions or other transfers from those operating entities.
• Concentration in financial services — The Group's principal activity is providing cross-border and domestic financial services, exposing results to conditions in those markets.
• Net income decline — Net income fell to $498.7M in fiscal 2026 from $550.3M in fiscal 2025, despite revenue growth to $1.89B.
• Limited segment disclosure — The filing excerpts do not provide a breakdown of revenue by product, geography, or customer type, limiting visibility into performance drivers.

Outlook

The filing excerpts provided do not contain management's outlook or forward guidance. No statements about future revenue, margins, or strategic targets are included in the source material.