Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 9.32M | 7.47M | 6.58M | 4.60M | 2.03M | 1.43M |
Gross Profit | 849.75K | -2.55M | -2.54M | -3.11M | -2.55M | -2.67M |
EBITDA | -1.52M | -956.56K | -1.30M | -1.43M | -1.93M | -1.80M |
Net Income | -2.60M | -3.82M | -4.17M | -4.35M | -3.96M | -3.67M |
Balance Sheet | ||||||
Total Assets | 72.28M | 55.15M | 18.26M | 18.41M | 20.89M | 3.87M |
Cash, Cash Equivalents and Short-Term Investments | 7.22M | 1.94M | 4.11M | 1.28M | 2.73M | 990.95K |
Total Debt | 128.76K | 405.26K | 1.22M | 557.12K | 0.00 | 750.00K |
Total Liabilities | 53.64M | 46.34M | 5.80M | 2.75M | 920.91K | 1.74M |
Stockholders Equity | 18.64M | 8.81M | 12.45M | 15.67M | 19.96M | 2.13M |
Cash Flow | ||||||
Free Cash Flow | -742.82K | -2.09M | -872.00K | -1.99M | -2.58M | -2.30M |
Operating Cash Flow | 313.60K | 339.55K | -375.61K | -1.60M | -2.05M | -1.47M |
Investing Cash Flow | -2.21M | -2.43M | -496.39K | -390.18K | -363.59K | -822.78K |
Financing Cash Flow | 7.03M | -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 |
---|---|---|---|---|---|---|---|
75 Outperform | AU$470.23M | 15.14 | 15.36% | ― | 7.50% | 204.66% | |
68 Neutral | AU$247.82M | ― | -23.61% | ― | 7.49% | -100.11% | |
67 Neutral | AU$80.35M | 17.73 | 13.68% | ― | 10.59% | ― | |
63 Neutral | $34.07B | 6.13 | -11.73% | 1.80% | 5.33% | -18.31% | |
54 Neutral | AU$106.03M | ― | -1453.91% | ― | 74.62% | 39.71% | |
51 Neutral | AU$146.44M | ― | -18.28% | ― | 36.49% | 47.06% | |
44 Neutral | AU$32.31M | ― | -51.72% | ― | 71.82% | -19.35% |
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.
Wrkr Ltd reported a 21% improvement in net operating cash flows for Q3 FY25, driven by strategic investments in talent and increased capital expenditure on its platform. The company is preparing to capitalize on the upcoming changes in the industry, including the closure of the ATO Small Business Clearing House and the implementation of Payday Super legislation. With a strong cash position, Wrkr is well-positioned to expand its user base and collaborate with partners to navigate regulatory changes, enhancing its market positioning and stakeholder engagement.