Professional
Added to YB: 2025-12-03
Pitch date: 2025-12-01
WRK.AX [neutral]
Wrkr Ltd
-3.85%
current return
Author Info
Research as a Service is Australia’s leading independent investment research house sharing institutional-quality, issuer-sponsored research. Sign up for the newsletter.
Company Info
Wrkr Ltd, together with its subsidiaries, provides software as a service to solve compliance needs for companies to process pay, superannuation and SMSF contributions, onboard new staff and contractors, and check credentials of new employees and contractors in Australia.
Market Cap
AUD 237.0M
Pitch Price
AUD 0.13
Price Target
0.11 (-12%)
Dividend
N/A
EV/EBITDA
-70.42
P/E
-78.67
EV/Sales
29.01
Sector
IT Services
Category
growth
Solid Q1 FY26 with investment to ramp-up
WRK.AX (update): Aussie super compliance solutions co. Q1 record $4M receipts (+74% YOY), near EBITDA breakeven. Major client migrations: REST ~1.2M users Nov25-Jun26, AustralianSuper ~1.7M users Feb-Jun26. Payday Super Bill catalyst. Rev growth $10.6M FY25 to >$30M FY27 target. DCF $0.11/share valuation vs current price.
Read full article (5 min)