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.
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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
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