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wrkr Ltd (ASX:WRK)

ALERT: Price-sensitive ASX Announcement for WRK
Current share price for WRK : $0.083 -0.03 (-26.22%)+
Announcement
Release
21 Aug 2025 3:23PM
Price at Release
$0.113
Full Release
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Summary
The document is the Preliminary Final Report and Annual Report of wrkr Ltd for the year ending 30 June 2023. It details the company’s principal activities, which include providing software and services related to onboarding, employee compliance, and superannuation for businesses and government. The report discusses significant changes and developments during the year, including the completion of a capital raise, restructuring of operations, and focus on core product offerings. Financial statements reveal a decrease in revenue and an increased net loss compared to the previous year, attributed to challenging market conditions and restructuring costs. The report outlines corporate governance arrangements, risk management practices, auditor’s opinions, and disclosures required by law. It also covers directors’ and executives’ remuneration, shares issued, and compliance with ASX and ASIC requirements. Forward-looking statements discuss the company’s strategic priorities for the coming year, including customer acquisition and further product development.
Key Points
  • wrkr Ltd provides software solutions for onboarding, employee compliance, and superannuation.
  • The company completed a capital raise and undertook operational restructuring during the financial year.
  • There was a decline in revenue and an increase in net loss compared to the previous year.
  • Key challenges cited include market conditions and restructuring costs.
  • The report provides detailed financial statements and compliance disclosures.
  • Corporate governance and risk management practices are outlined.
  • Directors’ and executives’ remuneration and share information are included.
  • The company is prioritizing customer acquisition and product development in the next financial year.
  • Auditor’s statement and legal compliance sections are present.
  • Report covers the year ended 30 June 2023, released on 29 August 2023.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.