WRK wrkr ltd
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RaaS Update 09/09/24

  1. investig8
    361 Posts.
    lightbulb Created with Sketch. 519
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    14/09/24
    12:40
    Post #: 75674456
    Following is a link to the latest RaaS update.
    https://www.raasgroup.com/live/
    • It mirrors management's commentary around revenue delays due to client migration timing.
    • FY 25 Revenue 13M (34% increase on 2024) but a 25% decrease on previously forecast revenues of 16.9M.
    • Positive EBITDA revised down from 5.7M to 2.0M.
    • NPAT improvement from -3.8M to -0.8M.

    Next year is a transformative year of development and client implementation, setting the stage for recurring revenue streams for future years.
    Ian
    WRK Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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