Author name: Mark Gardner

CEO Mark brings more than 25 years of experience in fixed-income and equities trading. He takes a holistic approach to investing, specialising in top-down thematic and macro analysis to identify opportunities and trends in the Australian and global equity market. Qualifications: Derivatives Level 2 (ADA2); ADA1; Margin Lending Tier 1; RG146; General Advice Stockbroking (1997) Links: LinkedIn: https://www.linkedin.com/in/mark-gardner-88733334/ X: https://x.com/markgardn Livewire: https://www.livewiremarkets.com/contributors/mark-gardner-mpc-markets

Balanced Portfolio

Growth Watchlist – Earnings WiseTech Global WTC:ASX

Overall, WiseTech Global’s 1H25 results largely met or exceeded broker expectations, particularly in terms of profitability and margin expansion. However, the revenue outlook and product delays confirm some of the concerns raised by analysts. The lack of commentary on recent governance issues may leave some questions unanswered for investors.

Balanced Portfolio

Small Caps Watchlist -Earnings IPD Group (IPG)

IPD Group reported record half‐year results for the period ended 31 December 2024 (1H FY25). The Group, which recently expanded its capabilities through acquisitions (EX Engineering on 21 July 2023 and CMI Operations on 31 January 2024), posted significant revenue and earnings improvements despite some pressure on margins from complex orders and a challenging commercial construction environment.

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