WOTSO
AASX:WOT0.51
AUD
+0.01
(+1.00%)
ISIN
AU0000136863
Return %
Stock
S&P 500
1Y
-14.41
14.20
3Y
-57.56
81.12
5Y
-63.41
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Jessica Glew
- Full Time Employees
- 123
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Level 1 Sydney NSW Australia 2089
- IPO Date
- Oct 28, 2011
- Website
- wotso.com
- Similar Companies
- Business
- WOTSO (ASX:WOT) operates as a provider of flexible workspace solutions, coworking spaces, private offices, virtual offices, meeting rooms, event spaces, health suites and secure storage across suburban and regional locations in Australia and New Zealand; its model emphasizes no lock-in contracts, scalability for startups, SMEs, freelancers and corporates, and community-focused amenities including 24/7 access, furnished spaces and hosted reception. The company owns and manages a property portfolio of approximately 16 commercial buildings, which underpins its operations through owned, leased and third-party sites, with a network expanded to 34 locations as of late 2025. Founded in 2014 and headquartered at Level 1, 50 Yeo Street, Neutral Bay, New South Wales, Australia, WOTSO originally demerged from BlackWall Limited (ASX:BWF), which now serves as its exclusive investment manager while holding a strategic stake. In recent developments, WOTSO has accelerated expansion with seven new sites opened in 2025, including its 34th location in Whangārei, Northland, New Zealand, and commitments for further openings such as Gregory Hills in Western Sydney in 2026, a second Melbourne site in early 2026 and a 1,000sqm space at Rhodes Quarter, Sydney, via partnership with Frasers Property Australia. The company exchanged contracts in January 2025 for acquiring the property at 31 Hannah Street, Whangārei, New Zealand, and secured a long-term lease renewal with Nationwide News at its Yandina property extending to at least 2033 with adjusted rents of $2.5 million annually. In February 2024, WOTSO terminated management agreements with BlackWall Limited, eliminating associated fees but increasing direct overheads, as part of a strategic shift toward internalizing operations and boosting funds from operations (FFO) to approximately $2.4 million in the second half of fiscal 2025.