Wrkr Completes PaidRight Acquisition to Accelerate Payroll Compliance Expansion

Wrkr Ltd ( (AU:WRK) ) just unveiled an update.

Wrkr Ltd has completed the acquisition of 100% of PaidRight Holdings Pty Ltd, issuing 90,909,091 new fully paid ordinary shares as consideration, including a tranche to entities associated with CEO Trent Lund that is subject to a 12‑month escrow. PaidRight’s real-time pay compliance engine will be integrated into Wrkr’s existing compliance platform, enabling direct employer monetisation via payroll compliance checks and tools, and marking a key step in Wrkr’s Phase 2 growth strategy as it expands beyond superannuation into a second core compliance segment focused on pay.

The most recent analyst rating on (AU:WRK) stock is a Buy with a A$0.18 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 is an ASX-listed compliance technology company that operates a digital platform focused on regulatory and payroll-related obligations. Historically centred on superannuation compliance, the Wrkr platform is evolving toward a broader ‘one-stop shop’ model for employer compliance, targeting superannuation and now payroll through integrated tools and real-time checking capabilities for businesses.

Average Trading Volume: 1,063,868

Technical Sentiment Signal: Buy

Current Market Cap: A$285.7M

For an in-depth examination of WRK stock, go to TipRanks’ Overview page.