← IDT overview

IDT vs Wise Group plc Class A Ordinary Shares: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

IDT Corporation (IDT)

Q3 2026
▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

  • Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.

    This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.

  • Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.

    The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.

  • New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.

    This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.

  • Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.

    It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.

September 2026
▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

  • Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.

    This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.

  • Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.

    The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.

  • New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.

    This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.

  • Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.

    It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.

Latest
▲2▼2

IDT's growth units now drive profit, but remittance tax and weak retail sales weigh

  • Growth businesses now generate most profit IDT's three growth units — NRS, BOSS Money, and net2phone — now produce about two-thirds of gross profit and 53% of adjusted EBITDA, even though they are only a third of revenue. That mix shift lifts profit quality and supports the stock.

    This is the core structural reason IDT is moving: profit is increasingly coming from faster-growing, higher-margin businesses.

  • Record FY2026 results and strong FY2027 guidance IDT reported record full-year results with gross profit up 18% and guided FY2027 adjusted EBITDA to $176–$180 million. Management also declared a regular dividend. Solid guidance gives investors confidence in continued growth.

    The earnings report and guidance are the main new hard numbers that directly affect how investors value IDT.

  • New federal tax hits cash remittances A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%. That is a real drag on the legacy business and could keep weighing on overall growth.

    This is the clearest new negative force on IDT's results and a genuine counterweight to the growth story.

  • Weak August same-store sales at NRS retailers August same-store sales at independent retailers on IDT's NRS network fell 1.1% and units sold dropped 1.6%, after a 3.3% gain in July. Softer consumer demand at those stores can slow NRS growth and is a caution flag.

    It shows a real demand headwind inside IDT's fastest-growing segment, balancing the positive growth narrative.

Wise Group plc Class A Ordinary Shares (WSE)

Q3 2026
▲3▼1

Wise grows strongly but money-laundering probe clouds outlook

  • FY26 results: strong revenue and customer growth Wise reported net revenue up 19% to $2.5 billion, active customers up 21% to 19 million, and a 26% profit margin, slightly above its guided range. This shows the core business is growing and profitable, which supports a higher share price.

    This is the main positive fundamental driver for WSE this period.

  • Share buyback and reiterated targets Wise announced plans to buy back more than $500 million of its own shares and repeated its medium-term goals of 15–20% revenue growth and 15–20% profit margin. Buybacks can lift the share price by reducing the number of shares and signaling confidence.

    This is a new capital return action that directly affects WSE's share price.

  • Money-laundering probe and class action investigation Rosen Law Firm is investigating Wise for possible securities claims after a report that Brussels prosecutors may summon the company to criminal court over a money-laundering probe. This legal risk can weigh on the share price because it may lead to fines, penalties, and reputational damage.

    This is the main negative overhang on WSE and a key risk for investors.

  • Direct access to Malaysia's PayNet Wise connected directly to Malaysia's national payments network, allowing users to scan DuitNow QR codes and send instant transfers. This expands Wise's reach, reduces reliance on middlemen, and speeds up transfers, which can attract more customers and support long-term growth.

    This is a new market expansion that supports Wise's growth story.

July 2026
▲3▼1

Wise grows strongly but money-laundering probe clouds outlook

  • FY26 results: strong revenue and customer growth Wise reported net revenue up 19% to $2.5 billion, active customers up 21% to 19 million, and a 26% profit margin, slightly above its guided range. This shows the core business is growing and profitable, which supports a higher share price.

    This is the main positive fundamental driver for WSE this period.

  • Share buyback and reiterated targets Wise announced plans to buy back more than $500 million of its own shares and repeated its medium-term goals of 15–20% revenue growth and 15–20% profit margin. Buybacks can lift the share price by reducing the number of shares and signaling confidence.

    This is a new capital return action that directly affects WSE's share price.

  • Money-laundering probe and class action investigation Rosen Law Firm is investigating Wise for possible securities claims after a report that Brussels prosecutors may summon the company to criminal court over a money-laundering probe. This legal risk can weigh on the share price because it may lead to fines, penalties, and reputational damage.

    This is the main negative overhang on WSE and a key risk for investors.

  • Direct access to Malaysia's PayNet Wise connected directly to Malaysia's national payments network, allowing users to scan DuitNow QR codes and send instant transfers. This expands Wise's reach, reduces reliance on middlemen, and speeds up transfers, which can attract more customers and support long-term growth.

    This is a new market expansion that supports Wise's growth story.

Latest
▲3▼1

Wise grows strongly but money-laundering probe clouds outlook

  • FY26 results: strong revenue and customer growth Wise reported net revenue up 19% to $2.5 billion, active customers up 21% to 19 million, and a 26% profit margin, slightly above its guided range. This shows the core business is growing and profitable, which supports a higher share price.

    This is the main positive fundamental driver for WSE this period.

  • Share buyback and reiterated targets Wise announced plans to buy back more than $500 million of its own shares and repeated its medium-term goals of 15–20% revenue growth and 15–20% profit margin. Buybacks can lift the share price by reducing the number of shares and signaling confidence.

    This is a new capital return action that directly affects WSE's share price.

  • Money-laundering probe and class action investigation Rosen Law Firm is investigating Wise for possible securities claims after a report that Brussels prosecutors may summon the company to criminal court over a money-laundering probe. This legal risk can weigh on the share price because it may lead to fines, penalties, and reputational damage.

    This is the main negative overhang on WSE and a key risk for investors.

  • Direct access to Malaysia's PayNet Wise connected directly to Malaysia's national payments network, allowing users to scan DuitNow QR codes and send instant transfers. This expands Wise's reach, reduces reliance on middlemen, and speeds up transfers, which can attract more customers and support long-term growth.

    This is a new market expansion that supports Wise's growth story.