Latest Wrkr (ASX:WRK) News

Nanoveu led the week after live drone trials, while Gratifii slumped on deal changes and X2M dropped after a discounted capital raising. Across the tech board, buyers backed real revenue, cash receipts and contract wins, but punished dilution, legal noise and weak post-gap trading.

Wrkr Ltd has completed a $10 million placement and launched a $2 million Share Purchase Plan to fund accelerated employer onboarding and platform enhancements ahead of Payday Super’s phased rollout.

Wrkr Ltd has successfully launched its Rest Pay and AustralianSuper platforms, onboarding over 6,000 organisations and processing $100 million in contributions as it prepares for the July 2026 Payday Super legislative deadline.

FortifAI’s funding and big claims around faster AI data processing drove the week’s loudest move, while two small caps jumped on price queries. Elsewhere, results season rewarded clear recurring revenue growth, but punished gaps where early buying didn’t stick.

Wrkr Ltd reports a 43% revenue increase to nearly $7 million in H1 FY2026 but also a 75% rise in net loss, while completing a $15 million capital raise and acquiring payroll compliance firm PaidRight.

A volatile week for ASX tech saw a steep sell-off in freight software, while defence AI and RegTech contract wins pulled buyers back into smaller names. Big corporate actions kept attention on what’s real: signed deals, cash timelines, and who pays whom, and when.

WRKR Ltd has completed its strategic acquisition of PaidRight Holdings, issuing over 90 million shares to expand its compliance platform into payroll compliance. This move marks a significant step beyond superannuation, aiming to create a comprehensive compliance solution.

Wrkr Ltd has transitioned from development to deployment, launching key products and acquiring PaidRight to expand its payroll compliance offerings ahead of new legislation.

WRKR Limited has agreed to acquire PaidRight, a leading payroll compliance platform, in a strategic move to expand beyond superannuation compliance. The deal, valued at approximately A$11.4 million, aims to integrate advanced real-time payroll compliance technology into WRKR’s platform.

Wrkr Ltd has reported a strong start to FY26 with its third consecutive quarter of positive operating cash flow and a successful $15 million capital raise, positioning the fintech for accelerated growth ahead of major client launches.

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

Wrkr Limited is raising approximately A$15 million through an institutional placement to accelerate growth amid upcoming Payday Super reforms and market opportunities.