WRKR Ltd - PaidRight acquisition, H1 FY26 result and outlook

213 Views05 Mar 2026 07:00

Issuer-paid

SUMMARY

Wrkr Ltd (ASX:WRK) offers compliance solutions for Australian superannuation contributions and payroll including member onboarding, super payments, messaging and employee validation.
WRK has completed the acquisition of payroll compliance software company PaidRight with the issue of 90.9m shares at a notional price of $0.153cps ($13.9m valuation).
The acquisition is strategic in nature, a ‘phase 2 growth strategy’ likely to benefit from up-selling opportunities from MUFG clients migrating to WRK Pay, but impact near-term numbers (currently loss making).

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