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DataWorks Group Advances in RegTech with Strong Q3 Performance

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IXUP Ltd. ( (AU:DWG) ) just unveiled an update.

DataWorks Group Limited reported strong operational performance in Q3 FY25, securing a two-year extension for its BetStop contract in Australia and advancing its iGO project in Ontario, Canada. The company is on track to achieve positive cash flow by the December quarter of 2025, driven by cost reductions and anticipated revenue growth from existing contracts. DWG is also exploring new opportunities, including a major domestic contract and international expansion, which could enhance its financial outlook.

More about IXUP Ltd.

DataWorks Group Limited (ASX: DWG) is a global leader in advanced self-exclusion technologies focused on addressing problem gambling. The company operates within the RegTech industry, providing solutions like BetStop in Australia and iGO in Ontario, Canada, which are designed to enhance responsible gaming practices and regulatory compliance.

YTD Price Performance: -20.45%

Average Trading Volume: 27,924

Technical Sentiment Signal: Buy

Current Market Cap: A$17.89M

Learn more about DWG stock on TipRanks’ Stock Analysis page.

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