Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 7.47M | 6.58M | 4.60M | 2.03M | 1.43M |
Gross Profit | -2.55M | -2.54M | -3.11M | -2.55M | -2.67M |
EBITDA | -956.56K | -1.30M | -1.43M | -1.93M | -1.80M |
Net Income | -3.82M | -4.17M | -4.35M | -3.96M | -3.67M |
Balance Sheet | |||||
Total Assets | 55.15M | 18.26M | 18.41M | 20.89M | 3.87M |
Cash, Cash Equivalents and Short-Term Investments | 1.94M | 4.11M | 1.28M | 2.73M | 990.95K |
Total Debt | 405.26K | 1.22M | 557.12K | 0.00 | 750.00K |
Total Liabilities | 46.34M | 5.80M | 2.75M | 920.91K | 1.74M |
Stockholders Equity | 8.81M | 12.45M | 15.67M | 19.96M | 2.13M |
Cash Flow | |||||
Free Cash Flow | -2.09M | -872.00K | -1.99M | -2.58M | -2.30M |
Operating Cash Flow | 339.55K | -375.61K | -1.60M | -2.05M | -1.47M |
Investing Cash Flow | -2.43M | -496.39K | -390.18K | -363.59K | -822.78K |
Financing Cash Flow | -82.75K | 3.70M | 559.62K | 4.15M | 1.83M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $34.94B | 5.14 | -11.21% | 1.86% | 5.61% | -19.33% | |
58 Neutral | AU$189.51M | ― | -18.28% | ― | 36.49% | 47.06% | |
― | €67.00M | ― | -1453.91% | ― | ― | ― | |
― | €130.37M | ― | -23.61% | ― | ― | ― | |
76 Outperform | AU$523.37M | 16.84 | 15.36% | ― | 7.50% | 204.66% | |
64 Neutral | AU$79.14M | 17.47 | 13.68% | ― | 10.59% | ― | |
44 Neutral | AU$32.31M | ― | -51.72% | ― | 71.82% | -19.35% |
Wrkr Ltd has released an update regarding its current operations and market positioning. The company is maintaining its focus on growth and innovation within the technology sector, aiming to enhance its market presence and shareholder value. The announcement underscores Wrkr Ltd’s commitment to leveraging its resources and strategic positioning to drive future success.
Wrkr Ltd reported significant commercial successes and technological advancements in Q4 FY25, achieving positive cash flows for the second consecutive year. The company retained all PaaS customers, saw a 17% growth in SMSF Hub revenues, and increased float income. Strategic investments were made to enhance the Wrkr Platform in anticipation of PayDay Super reforms, and the company expanded its workforce to support future growth and contractual obligations.
Wrkr Ltd announced that its CEO, Trent Lund, will host a market update webcast to discuss recent developments, including the success of a pilot program, a significant win with AustralianSuper, and the appointment of a new director. This update is expected to provide stakeholders with valuable insights into the company’s strategic direction and its impact on Wrkr’s market positioning.
Wrkr Ltd has appointed Duncan McLennan as a non-executive director and Chair of its Audit, Risk and Compliance Committee. McLennan’s extensive experience in audit and governance is expected to bolster Wrkr’s growth and operational excellence. Despite a familial connection to Wrkr’s Managing Director, the board is confident in McLennan’s ability to maintain independent judgment, enhancing the company’s strategic positioning.
Wrkr Ltd has extended its strategic partnership with MUFG Retirement Solutions to deliver a comprehensive digital platform for AustralianSuper, Australia’s largest profit-to-member superannuation fund. This collaboration aims to enhance AustralianSuper’s Clearing House, Gateway, and Digital Employer Services, aligning with upcoming Payday Super reforms and improving efficiency and compliance. The partnership is expected to set a new benchmark in digital employer services, offering streamlined onboarding, contribution processing, and integrated compliance functionalities. The initiative supports Wrkr’s revenue targets and includes a three-year initial term with automatic renewal options.
Wrkr Ltd has successfully completed a pilot of its employer services platform with Rest, one of Australia’s largest superannuation funds, and MUFG Retirement Services. This pilot involved testing the platform in a real-world environment, leading to positive feedback and a significant improvement in user experience. The successful trial positions Rest to better prepare for the upcoming Payday Super changes, anticipated in July 2026, which aim to enhance retirement outcomes for Australians, particularly those in part-time and casual roles. Wrkr will continue collaborating with Rest and MUFG Retirement Services to finalize implementation plans and commercial terms, with further financial details to be provided once these are completed.