WiseTech Expands into Latin America with Editrade Acquisition

About WiseTech Global Limited

WiseTech Global Ltd (ASX: WTC) is a leading provider of logistics execution software, specialising in global freight forwarding, customs clearance, and supply chain integration solutions. With a strong focus on automation, scalability, and cross-border compliance, WiseTech supports the world’s largest logistics providers through its flagship platform, CargoWise. Operating in over 160 countries, the company enables end-to-end visibility and control across complex international trade environments. WiseTech delivers reliable, high-performance software that helps freight forwarders, customs brokers, and logistics companies navigate regulatory landscapes and drive operational efficiency.

Strengthening Global Customs Capability

WiseTech continues to execute its aggressive global expansion strategy with the acquisition of Editrade S.A., a customs management software provider headquartered in Santiago, Chile. This move is part of WiseTech’s broader mission to streamline international trade operations through its flagship platform, CargoWise. The acquisition bolsters WiseTech’s already significant presence in customs processing, specifically targeting the growing Latin American market.

Founded in 1995, Editrade has built a reputable presence in Chile, Ecuador, Panama, and Mexico. It provides integrated digital solutions that automate import and export documentation, customs declarations, and compliance procedures.

With Latin America emerging as a key trade hub — handling over USD $2 trillion in exports and imports annually — WiseTech’s entry into these markets is a strategic step toward meeting its goal of covering 90% of global manufactured trade flows through CargoWise.

Editrade’s inclusion into the WiseTech ecosystem will allow its software suite to integrate with CargoWise’s broader logistics execution capabilities, such as freight forwarding, warehousing, transport management, and customs compliance. The acquisition also comes at a time when governments and private operators across Latin America are pushing for digital transformation to improve customs efficiency and transparency, aligning perfectly with WiseTech’s core value proposition.

Rebound Strategy Amid Share Price Pressure

This acquisition arrives on the heels of a difficult few months for WiseTech. The company’s share price has fallen roughly 30% since mid-February, driven by concerns over delayed product rollouts, internal management shifts, and broader sector volatility. The company’s half-year earnings results, however, paint a different picture.

For the quarter ending December 31, WiseTech reported revenue of AUD $615.6 million, marking a 23% increase from the AUD $500.4 million posted in the same quarter a year prior. Net profit also rose significantly to AUD $171.9 million, up from AUD $118.2 million — representing an impressive 45% increase in profitability. EBITDA margins remain strong, reflecting continued scalability and disciplined cost management.

The Editrade deal underscores WiseTech’s M&A-driven strategy, which has been a hallmark of its growth over the past decade. In the last five years, WiseTech has completed over 40 acquisitions, targeting niche logistics and customs software providers across Europe, Asia, and the Americas. These bolt-on acquisitions have enabled the company to rapidly expand its geographic footprint and diversify its customer base, which includes many of the world’s largest freight forwarders and logistics providers.

With the integration of Editrade, WiseTech not only gains a foothold in key Latin American economies but also adds a portfolio of clients operating across diverse trade corridors, from intra-American shipments to Asia-Pacific and European routes. This positions WiseTech to tap into the increasing digital demand from Latin American exporters, who are under pressure to comply with complex cross-border regulations while improving turnaround times.

Looking Ahead

WiseTech has made clear its ambition to consolidate the global logistics software market, targeting sectors where manual processes and regulatory fragmentation create high barriers to efficiency. Its continued investment in regional acquisitions — paired with organic R&D spending that exceeded AUD $280 million last fiscal year — suggests that the company is building a moat around its end-to-end supply chain execution offering.

Investor sentiment may remain cautious in the short term, especially given recent share price declines and market scepticism around technology valuations. However, the Editrade acquisition reinforces the company’s long-term fundamentals. With over 17,000 customers globally and growing relevance in customs compliance — a critical pain point in global trade — WiseTech is positioning itself to remain at the centre of digital logistics transformation.

While the exact financial terms of the Editrade deal were not disclosed, the transaction is consistent with WiseTech’s history of acquiring high-margin, cash-generating businesses that can be seamlessly integrated into CargoWise.

As the company marches toward its 90% global trade flow coverage target, investors and analysts alike will be watching closely to see whether this renewed focus on international growth can catalyse a broader recovery in market confidence.