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.
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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