Overview
WiseTech Global ([[WTCHF]], ASX: WTC) is an Australian-based tech company developing a SaaS offering in the global logistics space. The core offering provides end-to-end solutions ranging from freight forwarding, tracking, geo compliance, to document management. Despite the disruptive nature of its business, WiseTech Global has very healthy profitable growth. Revenue has grown by ~5x to ~AUD 348 million over the last five years, with EBITDA also impressively increasing as much, to ~AUD 108 million in 2019, indicating a strong pricing power. In line with our expectation, WiseTech has also proven to be a resilient