bullish
Wrkr Limited - Readying for Significant Customer Uplift
SUMMARY
- Wrkr Ltd (ASX: WRK) offers compliance solutions for Australian super annuation contributions and payroll including member onboarding, super payments, messaging and employee validation.
- The company has released its Q1 FY24 activities report, with key highlights including 43% growth in cash receipts on the previous corresponding period (pcp), 42% growth in revenue, and a cash burn runway of eight quarters before any R&D tax rebates or new customer transactions are considered.
- Revenue has been boosted by development and planning work for major customers ART and Link Group respectively.
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