WRK 6.06% 3.5¢ wrkr ltd

WRK's Trillion Dollar Partner - MUFG

  1. 3,675 Posts.
    lightbulb Created with Sketch. 707
    Wrkr supplies the WrkrOne Platform to MUFG Japanese multi-trillion dollar group of companies/funds/bank.

    Times are changing and that step change in revenue is coming, IMO, although in saying that, I've already witnessed, in my time invested with Wrkr, the company move from around $1.5 million in annual revenue, to now reported in the latest quarterly, $9.5 million in annual revenue...

    Not to shabby!

    I'd like to see Wrkr hit $50 million in the next couple years ($40 mill would also be ok ) but as July 2026 nears, the government mandated PayDay Super may be the kicker, as Wrkr presentations indicate.

    Does PayDay Super multiply Wrkr's annual revenue by over 2 to 3 times?

    The maths do suggest... with all of MUFG's Australian superannuation clients, Wrkr would well clear $50 million in annual revenue, just from those Australian clients alone and working on an ARPU of $8, then factor in a multiple of 2 0r 3.

    I didn't account for HSBC pension funds in ASIA (Wrkr team currently working on) or the WorkDay partnership through KPMG... and, not to mention a possible team up with global mammoths, ORACLE and SAP, each of which have massive market caps in the hundreds of billions of dollars.




    Screenshot 2024-07-28 at 8.20.38 pm.png




    Screenshot 2024-07-28 at 7.55.00 pm.png



    https://announcements.asx.com.au/asxpdf/20240718/pdf/065pw224znjjt6.pdf

    https://www.mpms.mufg.com/

    https://www.mufgamericas.com/who-we-are#:~:text=As one of the world's,, and leasing, and more.

    https://www.bk.mufg.jp/global/


    The market is becoming aware of Wrkr now... how can it not, now that Wrkr is mixing it with some of the very largest global players?


    AIMO - DYOR - GLTAHs



    Jocko
 
watchlist Created with Sketch. Add WRK (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.002(6.06%)
Mkt cap ! $44.50M
Open High Low Value Volume
3.3¢ 3.5¢ 3.3¢ $14.65K 432.2K

Buyers (Bids)

No. Vol. Price($)
1 32258 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 35240 1
View Market Depth
Last trade - 10.14am 26/07/2024 (20 minute delay) ?
WRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.