WOTSO (WOT) Q1 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2027 TU earnings summary
30 Oct, 2026Executive summary
Flexspace revenue reached a record $9.45M in Q1 FY27, up 14% YoY; 79% occupancy across 8,563 desks supported a $37.8M annualised revenue run rate.
Expansion advanced with Dandenong South opened and Norwest, Mulgrave and Murray Bridge progressing through the pipeline.
Financial highlights
Q1 FY27 revenue was $9.45M versus $8.30M in Q1 FY26, a 14% YoY increase.
Q1 annualised revenue was $37.8M; Q1 RevPAD was $365 per available desk per month, excluding CookSpace.
Outlook and guidance
Norwest (NSW) was being prepared to open in October 2026; Mulgrave (VIC) and Murray Bridge (SA) were expected to follow later in FY27.
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