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Wrkr Ltd ( (AU:WRK) ) just unveiled an update.
Wrkr Ltd reported a pivotal Q2 FY26, shifting from development to active deployment as it brought its Rest Pay platform live and commenced early production testing for AustralianSuper, its two largest branded implementations, in preparation for large-scale employer onboarding ahead of Payday Super legislation in July 2026. Quarterly cash receipts fell to $3.2 million due to timing of customer payments, while operating expenses rose to $3.8 million as the company increased investment in the PaidRight acquisition, delivery resources, and marketing for its new direct-to-market digital onboarding and clearinghouse service, alongside $1.8 million of additional platform, data migration, and API development spend to enhance scalability and position Wrkr for growth with large funds, small businesses, and digital service providers.
The most recent analyst rating on (AU:WRK) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.
More about Wrkr Ltd
Wrkr Ltd (ASX: WKR) operates in the financial technology sector, providing a SaaS platform that supports superannuation payments, digital onboarding, and clearinghouse services for employers, superannuation funds, and digital service providers. Its key offerings include the Wrkr PAY transactional platform, the Beam platform, and branded solutions such as Rest Pay and an AustralianSuper instance, with a growing focus on small businesses as the ATO Small Business Clearing House is decommissioned and in anticipation of Australia’s upcoming Payday Super regime.
Average Trading Volume: 1,106,002
Technical Sentiment Signal: Buy
Current Market Cap: A$304M
For a thorough assessment of WRK stock, go to TipRanks’ Stock Analysis page.