Some of the high growth stocks to invest in during current market turmoil are
WEB Travel Group Limited (ASX: WEB)
WEB Travel Group Limited (ASX: WEB) is actively pursuing capital management initiatives, including a proposed on-market share buyback of up to $150 million. This buyback is aimed at maximizing shareholder value and reducing potential dilution from the company’s A$250 million convertible notes due in 2026. The buyback is set to begin in December 2024, with the shares being repurchased using existing cash reserves while maintaining flexibility for future growth investments.
For the first half of FY25, WEB Travel Group, one of the best growth stocks to buy now, reported a 25% growth in Total Transaction Value (TTV), with WebBeds TTV reaching $2.6 billion, positioning the company to achieve $5 billion TTV in FY25. Despite this growth, underlying group EBITDA decreased by 8%, reflecting higher expenses from planned investments in headcount and technology. Additionally, TTV margins were impacted by events such as the collapse of FTI Group and major global events like the Paris Olympics and European football championships. The company expects TTV margins to stabilize at around 6.5% and aims for $10 billion TTV by FY30, with a target of 50% EBITDA margins for profitable growth.
WebBeds continues to demonstrate strong scalability, with improvements in booking efficiency and a 30% lower operational cost compared to 2019. Significant investments in SAP, automation, and centralized financial operations have led to greater efficiency, enabling the company to handle 175% more customer contacts with only a 9% increase in headcount. The business is on track to achieve 50% EBITDA margins in FY26. With TTV up 23% in the first 7 weeks of 2H25, and October margins at 6.5%, the company forecasts FY25 EBITDA to fall between $117 million and $122 million, reinforcing its outlook for strong, profitable growth moving forward.
WiseTech Global Ltd (ASX: WTC)
WiseTech Global Ltd (ASX: WTC) has provided an update to its FY25 guidance following an internal review of its product developments and organizational changes. The company’s long-term vision remains unchanged, despite delays in the launch of its Container Transport Optimization product. Initially planned for FY25, this product’s commercial launch is now expected in the second half of the year, impacting anticipated revenue. WiseTech expects FY25 revenue to grow between 15% to 25%, with projected figures between A$1.2 billion and A$1.3 billion, and EBITDA growth of 21% to 33%, reaching A$600 million to A$660 million.
In FY24, WiseTech delivered strong financial results, with total revenue increasing by 28% to A$1.04 billion. This growth was primarily driven by the success of the CargoWise platform, which saw a 33% increase in revenue, contributing A$880.3 million. The company also saw an increase in recurring revenue, which now accounts for 97% of its total revenue, alongside a consistently low customer attrition rate of less than 1%. WiseTech's research and development investments grew by 41% to A$368.2 million, supporting the release of over 1,100 product enhancements. These efforts are in line with the company’s strategy to deliver innovative, breakthrough products aimed at transforming logistics execution.
WiseTech’s expansion also continued globally, with key contracts secured from top global freight forwarders, including Sinotrans and Nippon Express. Considered among top growth stocks, it strengthened its footprint in customs and warehouse solutions, acquiring businesses like MatchBox Exchange, Sistemas Casa, and Aktiv Data, further solidifying its global reach. With a strong product development focus, WiseTech is targeting major logistics providers, benefiting from large-scale global rollouts. Additionally, the company implemented an efficiency program that delivered A$40 million in savings for FY24, with a new target of A$50 million for FY25, enhancing scalability and long-term strategic delivery.
Source: Company’s Report
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