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The latest update is out from Wrkr Ltd ( (AU:WRK) ).
Wrkr has signed a binding agreement to acquire 100% of PaidRight Holdings, a leading Australian payroll compliance platform and service provider, in an all-scrip deal valuing PaidRight at about A$11.4 million and representing roughly 4.8% of Wrkr’s current issued capital, subject to shareholder approval in early 2026. The combination will add PaidRight’s real-time wage compliance engine and award-interpretation technology—already used by some of Australia’s largest employers and covering more than 500,000 workers—to Wrkr’s existing compliance platform, accelerating its Phase 2 growth strategy beyond superannuation into payroll compliance and positioning the group to offer integrated, proactive and defensible pay-accuracy solutions across the entire pay cycle, with PaidRight initially operating as a standalone entity ahead of a planned integrated product launch targeted for the third quarter of calendar 2026.
The most recent analyst rating on (AU:WRK) stock is a Buy with a A$0.16 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: WRK) is an Australian regulatory technology provider focused on compliance solutions for employers, with a strong position in superannuation compliance and a platform used to transition employers and members onto digital superannuation and payroll channels. The company targets Australian enterprises and the broader employer ecosystem, aiming to simplify and digitise complex compliance obligations across the employment and pay cycle.
Average Trading Volume: 1,359,115
Technical Sentiment Signal: Buy
Current Market Cap: A$228M
See more insights into WRK stock on TipRanks’ Stock Analysis page.