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WOTSO (WOT) investor relations material
WOTSO Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record quarterly revenue of $9.41M in Q4 FY26, up 15% year-over-year, with annualised revenue reaching $37.64M.
Occupancy improved to 79% across 8,417 desks, with RevPAD rising to $371 as both mature and new locations contributed.
Expansion included acquisition of a Wellington property and leases for two new sites, with agreements for five more locations for FY27.
Financial highlights
Q4 FY26 revenue was $9.41M, up from $8.16M in Q4 FY25.
Annualised revenue increased 15% year-over-year and 85% over five years.
Flexspace contribution margin was 14.4%, totaling $1.36M after absorbing start-up losses.
RevPAD increased from $350 to $371 year-over-year.
Outlook and guidance
New Wellington site to open Q3 FY27 with 150 desks; two additional locations opening in FY27.
Heads of agreement finalized for five more locations to open in FY27, supporting continued growth.
- Revenue up 4%, EBITDA up 1%, and strong occupancy driven by Flexspace and new concepts.WOT
H2 2026 - Record revenue and strong FlexSpace growth, with focus shifting to consolidation in FY25.WOT
H2 2024 - Revenue and EBITDA grew as the network expanded, with asset sale proceeds to fund further growth.WOT
H1 2026 - Revenue and EBITDA up, network expansion planned, all resolutions passed with strong support.WOT
AGM 2025 - Revenue up 5%, EBITDA up 14%, and distribution per security up 25% in FY25.WOT
H2 2025 - Strong Flexspace growth, strategic expansion, and all resolutions passed amid valuation challenges.WOT
AGM 2024 - Flexspace revenue up 9%, FFO steady at $2.1m, and five new sites planned amid strong occupancy.WOT
H1 2025
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