Wrkr Ltd Reports Record Positive Cash Flow
Company Announcements

Wrkr Ltd Reports Record Positive Cash Flow

Wrkr Ltd (AU:WRK) has released an update.

Wrkr Ltd reported a landmark achievement in Q4 FY24, with positive cash flows from operating activities amounting to $340k for the first time since its 2016 listing, indicating robust financial performance and effective cost management. The company observed a 56% increase in Q4 customer cash receipts compared to the prior year, reflecting strong customer retention and market growth. Wrkr Ltd’s strategic investments and platform developments align with upcoming Payday Super reforms, positioning the company for future growth.

For further insights into AU:WRK stock, check out TipRanks’ Stock Analysis page.

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