In today’s briefing:
- Wrkr Limited – Linked Up
Wrkr Limited – Linked Up
- Wrkr Ltd (ASX:WRK) has announced a commercial contract with Link Group, following on from an MSA signed in November 2022 to provide employer solutions including clearing house and SuperStream Gateway infrastructure.
- The contract has a three-year term with a one-year-plus-one-year extension with the initial contract value estimated at A$3m.
- Importantly, this contract value does not include transaction fees which are estimated at $2.00/user/year and could amount to as much as ~$6m in recurring revenue per annum depending on the number of users uplifted to the platform.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
