WRK 0.00% 3.2¢ wrkr ltd

"Wrkr" Platform Uptake, page-19

  1. 259 Posts.
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    I look forward to you @jocko dissecting the presentation of today's AGM.
    For me the highlight of the slide show is the revenue mix, in particular the strength of the Paas revenue figure of 45%

    https://hotcopper.com.au/data/attachments/3830/3830486-5de94c0d1305cc3fc4c3650f7386798e.jpg

    If HC allow it, the following link provides an explanation of what a Paas service is: https://azure.microsoft.com/en-au/overview/what-is-paas/

    The Paas business model is what really excited me about this company in the first place.
    I don't know of any other ASX listed company that is building their future on a Paas business model (my ignorance if there are).
    To become an indispensable partner for those companies that collaborate with WRK will result in very sticky on-going future revenue cashflows.
    My intuition suggests some of the next market announcements could add more clarity around the growth of the Paas business model which would be welcome.
    A little more time is needed but I think we will be very happy with our investment over the medium term.
 
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