Major Estimate Revision • May 05
Consensus EPS estimates fall by 11%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from AU$14.6m to AU$14.9m. Forecast EPS reduced from -AU$0.0036 to -AU$0.004 per share. IT industry in Australia expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at AU$0.16. Share price was steady at AU$0.12 over the past week. Major Estimate Revision • Mar 05
Consensus revenue estimates increase by 11%, EPS downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from AU$13.5m to AU$15.0m. EPS estimate fell from -AU$0.0028 to -AU$0.0041 per share. IT industry in Australia expected to see average net income growth of 62% next year. Consensus price target up from AU$0.17 to AU$0.18. Share price fell 7.1% to AU$0.13 over the past week. Reported Earnings • Feb 20
First half 2026 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2025) First half 2026 results: AU$0.001 loss per share (in line with 1H 2025). Revenue: AU$5.75m (up 59% from 1H 2025). Net loss: AU$2.67m (loss widened 75% from 1H 2025). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 21% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Feb 20 The 3 analysts covering Wrkr previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of AU$4.70m in 2027. Average annual earnings growth of 57% is required to achieve expected profit on schedule.
Price Target Changed • Feb 09
Price target increased by 23% to AU$0.17 Up from AU$0.14, the current price target is an average from 3 analysts. New target price is 18% above last closing price of AU$0.14. Stock is up 190% over the past year. The company is forecast to post a net loss per share of AU$0.0028 next year compared to a net loss per share of AU$0.0016 last year. Anuncio • Feb 06
Wrkr Ltd (ASX:WRK) completed the acquisition of Paidright Pty. Ltd. from Trent Lund and others. Wrkr Ltd (ASX:WRK) entered into a binding agreement to acquire Paidright Pty. Ltd. from Trent Lund and others for AUD 10.9 million on December 22, 2025. As part of the Transaction, 90.909 million WRKR shares will be issued to the existing shareholders of PaidRight, subject to the conditions precedent being satisfied or waived in accordance with the terms of the Share Purchase Deed.
As Trent Lund is a director of WRKR and also a director and shareholder of PaidRight, the Board formed an independent board committee comprising all directors other than Trent Lund to consider all matters associated with the Transaction.
The acquisition is subject to WRKR shareholder approval which will be sought at a general meeting expected to be held in early 2026. The transaction is expected to be completed Within 5 business days following satisfaction of all conditions precedent under the Share Purchase Deed. On January 29, 2026, The transaction has been approved by the shareholders of Wrkr Ltd. The transaction is expected to close around February 5, 2026.
BDO Corporate Finance Pty Ltd acted as fairness opinion provider to Wrkr Ltd.
Wrkr Ltd (ASX:WRK) completed the acquisition of Paidright Pty. Ltd. from Trent Lund and others on February 5, 2026. Anuncio • Dec 23
Wrkr Ltd (ASX:WRK) entered into a binding agreement to acquire Paidright Pty. Ltd. for AUD 10.9 million. Wrkr Ltd (ASX:WRK) entered into a binding agreement to acquire Paidright Pty. Ltd. for AUD 10.9 million on December 22, 2025. As part of the Transaction, 90.90 million WRKR shares will be issued to the existing shareholders of PaidRight, subject to the conditions precedent being satisfied or waived in accordance with the terms of the Share Purchase Deed.
The acquisition is subject to WRKR shareholder approval which will be sought at a general meeting expected to be held in early 2026. The transaction is expected to be completed Within 5 business days following satisfaction of all conditions precedent under the Share Purchase Deed. Major Estimate Revision • Dec 02
Consensus EPS estimates fall by 56% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$12.7m to AU$12.5m. Losses expected to increase from AU$0.002 per share to AU$0.0032. IT industry in Australia expected to see average net income growth of 12% next year. Consensus price target of AU$0.13 unchanged from last update. Share price rose 4.2% to AU$0.13 over the past week. Price Target Changed • Nov 23
Price target increased by 13% to AU$0.13 Up from AU$0.12, the current price target is an average from 2 analysts. New target price is 8.3% above last closing price of AU$0.12. Stock is up 82% over the past year. The company is forecast to post a net loss per share of AU$0.0021 next year compared to a net loss per share of AU$0.0016 last year. Major Estimate Revision • Oct 21
Consensus EPS estimates fall from profit to AU$0 loss, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from AU$12.0m to AU$12.7m. Now expected to report loss of AU$0.00 instead of AU$0.0015 per share profit. IT industry in Australia expected to see average net income growth of 20% next year. Consensus price target up from AU$0.12 to AU$0.12. Share price rose 4.8% to AU$0.11 over the past week. Anuncio • Sep 29
Wrkr Ltd, Annual General Meeting, Oct 30, 2025 Wrkr Ltd, Annual General Meeting, Oct 30, 2025. Location: level 13, 60 margaret street, sydney, nsw, 2000 Australia Reported Earnings • Aug 22
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: AU$0.002 loss per share (improved from AU$0.003 loss in FY 2024). Revenue: AU$7.98m (up 6.7% from FY 2024). Net loss: AU$2.62m (loss narrowed 31% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 62% p.a. on average during the next 2 years, compared to a 16% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 08
Wrkr Ltd has completed a Follow-on Equity Offering in the amount of AUD 15 million. Wrkr Ltd has completed a Follow-on Equity Offering in the amount of AUD 15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 166,666,667
Price\Range: AUD 0.09
Transaction Features: Subsequent Direct Listing Price Target Changed • Jul 09
Price target increased by 13% to AU$0.09 Up from AU$0.08, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.089. Stock is up 197% over the past year. The company is forecast to post a net loss per share of AU$0.0014 next year compared to a net loss per share of AU$0.003 last year. Anuncio • Jul 07
Wrkr Ltd Announces Appointment of Duncan McLennan as Non Executive Director Wrkr Ltd. announced the appointment of Duncan McLennan to its Board as a non-executive director, effective immediately. Mr. McLennan was a senior partner of KPMG for more than 25 years, holding several leadership roles in Australia and overseas, including six years as National Managing Partner of KPMG Australia's Audit and Assurance division. He has extensive experience working with ASX-listed and leading global companies across many industry sectors, with specific expertise in external and internal audit, financial reporting, accounting systems and controls, governance and risk management. He holds a Bachelor of Economics from the University of Sydney, is a Graduate of the Australian Institute of Company Directors and is a Fellow of the Chartered Accountants of Australia and New Zealand. In addition to his appointment to the Wrkr Board, Mr. McLennan will be appointed as Chair of Wrkr's Audit, Risk and Compliance Committee. Mr. McLennan joins Wrkr as an independent director. With regard to Recommendation 2.3 of the ASX Corporate Governance Principles and Recommendations, Wrkr discloses that Mr. McLennan is the brother-in-law of the wife of Wrkr's Managing Director, Trent Lund. The Board of Wrkr is confident that this connection will not influence Mr. McLennan's capacity to bring an independent judgment to bear on issues before the Board and to act in the best interests of Wrkr as a whole. New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$132.7m market cap, or US$86.3m). New Risk • Apr 05
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: AU$8.2m (US$4.9m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$8.2m revenue, or US$4.9m). Market cap is less than US$100m (AU$110.3m market cap, or US$66.6m). Reported Earnings • Feb 24
First half 2025 earnings: EPS and revenues miss analyst expectations First half 2025 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2024). Revenue: AU$3.61m (up 24% from 1H 2024). Net loss: AU$1.52m (loss narrowed 44% from 1H 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Market cap is less than US$100m (AU$96.4m market cap, or US$60.1m). Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 140% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$13.2m to AU$12.3m. Losses expected to increase from AU$0.0005 per share to AU$0.0012. IT industry in Australia expected to see average net income growth of 46% next year. Consensus price target of AU$0.069 unchanged from last update. Share price rose 10.0% to AU$0.066 over the past week. Anuncio • Oct 22
Wrkr Ltd Announces Retirement of Randolf Clinton as Non-Executive Director The Board of Wrkr Ltd. announced the retirement of Non-Executive Director Randolf Clinton, effective immediately. Randolf has decided to step down from his role due to increasing work commitments outside the company. Anuncio • Oct 21
Wrkr Ltd, Annual General Meeting, Nov 21, 2024 Wrkr Ltd, Annual General Meeting, Nov 21, 2024. Location: at level 26, grosvenor place, 225 george street, sydney, nsw 2000, Australia Anuncio • Sep 12
Wrkr Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.210999 million. Wrkr Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.210999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,304,638
Price\Range: AUD 0.0256 Breakeven Date Change • Sep 10
Forecast breakeven date pushed back to 2026 The 2 analysts covering Wrkr previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 79% to 2025. The company is expected to make a profit of AU$3.90m in 2026. Average annual earnings growth of 100% is required to achieve expected profit on schedule. Price Target Changed • Sep 04
Price target decreased by 13% to AU$0.07 Down from AU$0.08, the current price target is an average from 2 analysts. New target price is 99% above last closing price of AU$0.035. Stock is up 30% over the past year. The company is forecast to post earnings per share of AU$0.0012 next year compared to a net loss per share of AU$0.003 last year. Reported Earnings • Aug 29
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: AU$0.003 loss per share (in line with FY 2023). Revenue: AU$9.84m (up 50% from FY 2023). Net loss: AU$3.82m (loss narrowed 8.6% from FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 3.4%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. New Risk • Aug 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 31% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (AU$50.0m market cap, or US$34.0m). Recent Insider Transactions Derivative • Aug 24
Independent Non Executive Director exercised options to buy AU$600k worth of stock. On the 23rd of August, Paul Collins exercised options to buy 20m shares at a strike price of around AU$0.025, costing a total of AU$494k. This transaction amounted to 45% of their direct individual holding at the time of the trade. Since September 2023, Paul has owned 44.55m shares directly. This was the only transaction from an insider over the last 12 months. New Risk • Aug 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$2.9m). Market cap is less than US$100m (AU$42.0m market cap, or US$27.5m). Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Chairwoman of the Board Emma Dobson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Minor Risk Market cap is less than US$100m (AU$42.0m market cap, or US$27.5m). New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m). Market cap is less than US$100m (AU$42.0m market cap, or US$27.4m). Breakeven Date Change • Feb 10
Forecast breakeven date pushed back to 2026 The 2 analysts covering Wrkr previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of AU$4.10m in 2026. Average annual earnings growth of 98% is required to achieve expected profit on schedule. New Risk • Feb 07
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: AU$4.2m Forecast net loss in 1 year: AU$3.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$3.3m net loss next year). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m). Market cap is less than US$100m (AU$35.6m market cap, or US$23.2m). Reported Earnings • Aug 31
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: AU$0.003 loss per share (improved from AU$0.004 loss in FY 2022). Revenue: AU$6.58m (up 43% from FY 2022). Net loss: AU$4.17m (loss narrowed 4.0% from FY 2022). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 14% growth forecast for the IT industry in Australia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Revenue is less than US$5m (AU$5.5m revenue, or US$3.5m). Market cap is less than US$100m (AU$30.5m market cap, or US$19.6m). Anuncio • Aug 25
Wrkr Ltd, Annual General Meeting, Nov 16, 2023 Wrkr Ltd, Annual General Meeting, Nov 16, 2023. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Revenue is less than US$5m (AU$5.5m revenue, or US$3.6m). Market cap is less than US$100m (AU$34.3m market cap, or US$22.2m). Reported Earnings • Feb 24
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (in line with 1H 2022). Revenue: AU$2.69m (up 50% from 1H 2022). Net loss: AU$2.53m (loss narrowed 16% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 06
Insider recently bought AU$99k worth of stock On the 31st of August, Donald Sharp bought around 5m shares on-market at roughly AU$0.021 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.005 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share. Revenue: AU$4.60m (up 119% from FY 2021). Net loss: AU$4.35m (loss widened 15% from FY 2021). Anuncio • Aug 30
Wrkr Ltd, Annual General Meeting, Nov 24, 2022 Wrkr Ltd, Annual General Meeting, Nov 24, 2022. Anuncio • Jul 12
wrkr Ltd Reaffirms Earnings Guidance for the Fiscal Year 2022 wrkr Ltd. reaffirmed earnings guidance for the fiscal year 2022. FY22 revenue expectations in line with $5m forecast (based on preliminary unaudited accounts and subject to further review and finalisation). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non Executive Director Paul Collins was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Apr 12
wrkr Ltd to Report Q3, 2022 Results on Apr 12, 2022 wrkr Ltd announced that they will report Q3, 2022 results on Apr 12, 2022 Anuncio • Apr 01
wrkr Ltd Provides Revenue Guidance for the Full Year 2022 wrkr Ltd. provided revenue guidance for the full year 2022. In February quarterly report, the company stated largest deal is expected to close this quarter and includes significant upfront fees. Although this deal is still progressing well and confidence levels remain high, due to the availability of client resourcing, an agreement on timing has been out of the control and will not be finalised in this quarter as expected. The delay in concluding this deal has allowed the Company to reallocate resources to other revenue-generating activities and management still remains focused on delivering the sales revenue target of $5 million this financial year. Reported Earnings • Mar 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2021). Revenue: AU$1.80m (up 170% from 1H 2021). Net loss: AU$3.00m (loss widened 180% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Anuncio • Feb 25
wrkr Ltd to Report First Half, 2022 Results on Feb 28, 2022 wrkr Ltd announced that they will report first half, 2022 results on Feb 28, 2022 Reported Earnings • Aug 31
Full year 2021 earnings released: AU$0.005 loss per share (vs AU$0.012 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$2.10m (up 41% from FY 2020). Net loss: AU$3.79m (loss widened 3.4% from FY 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Executive Departure • Jun 29
Executive Chairman Donald Sharp has left the company On the 21st of June, Donald Sharp's tenure as Executive Chairman ended after 5.3 years in the role. As of March 2021, Donald still personally held 68.86m shares (AU$2.2m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Anuncio • Feb 03
Integrated Payment Technologies Limited Appoints Trent Lund as Director Integrated Payment Technologies Limited announced the appointment of Trent Lund as Director. Date of appointment is 28 January 2021. Anuncio • Feb 02
Integrated Payment Technologies Limited Announces the Appointment of Randolf Clinton as Director Integrated Payment Technologies Limited announced the appointment of Randolf Clinton as Director. The appointment was effective on 28 January 2021. Anuncio • Jan 29
Integrated Payment Technologies Limited Receives Australian Payments Patent Further to its announcement on 5 October 2020, Integrated Payment Technologies Limited (InPayTech) reported that is has been granted its Australian payments patent. The Australian payments patent is a significant milestone to facilitate the delivery of a transformative platform to repurpose quality data for employee financial wellbeing. Its unique payment process enables virtually limitless data to be permanently linked to digital payments. In the growing digital economy, which will continue to see increasing data requirements associated with payment processing, its patent has broad application. This notably includes meeting the increasing data requirements of payment processing for compliance, audit and risk. Crucially for Single Touch Payroll and SuperStream processing, for example, its payment process can facilitate high straight through processing rates for both payers/employers/payroll bureaus and payees/superannuation funds and administrators by ensuring data and payments always match. In short, it believes this new technology will make payment processing more
efficient while simultaneously making it easier to meet increasing compliance obligations. Executive Departure • Jan 29
Non-Executive Director has left the company On the 28th of January, Sandra Barns' tenure as Non-Executive Director ended after 1.0 years in the role. We don't have any record of a personal shareholding under Sandra's name. A total of 2 executives have left over the last 12 months. Anuncio • Nov 20
Integrated Payment Technologies Limited Announces Increase of Certification Integrated Payment Technologies Limited announced that in addition to the company's ISO 27001 certification to international standards for Information Security Management System, InPayTech is now ISAE 3402 SOC2 certified. SOC2 certification demonstrates the Company's commitment to continuous improvement and the company believe it is important to have broader controls design and controls effectiveness externally audited and verified in order to provide high-service delivery to customers. Anuncio • Nov 18
Integrated Payment Technologies Limited (ASX:IP1) entered into a merger agreement to acquire Comply Path Holdings Pty Ltd. for AUD 19.5 million. Integrated Payment Technologies Limited (ASX:IP1) entered into a merger agreement to acquire Comply Path Holdings Pty Ltd. for AUD 19.5 million on November 17, 2020. Under the terms of the transaction, IP1 will issue 573 million shares to the shareholders of Comply Path. Pursuant to the transaction, key management personnel will comprise existing management and staff from both IP1 and Comply Path, in particular Comply Path’s current Chief Executive Officer, Joe Brasacchio, will become the Chief Technology Officer of the Merged Group. The Board of Directors of the merged group will be comprised of Don Sharp as the Executive Chair, Paul Collins, Trent Lund and Randolf Clinton as Non-Executive Directors with an intention to appoint an independent non executive chair within 6 months of the Transaction’s shareholder approval. The deal is subject to the approval of IP1 shareholders, which will be sought at IP1’s Annual General Meeting to be held on January 21, 2021 and the Comply Path shareholders entering into voluntary escrow deeds whereby 50% of the IP1 shares received by them under the Transaction will be escrowed for a period of 12 months and the remaining 50% of the IP1 shares received by them will be escrowed for 24 months from issue. The Board of Directors of IP1 unanimously recommended the Transaction. Anuncio • Oct 14
Integrated Payment Technologies Limited Announces Change of Share Registry Integrated Payment Technologies Limited (InPayTech) announced that the registry management services for InPayTech have been transferred from Registry Direct Limited to Boardroom Pty Limited. Anuncio • Oct 06
Integrated Payment Technologies Limited Announces Notice of Acceptance for Australian Patent Application Integrated Payment Technologies Limited (InPayTech or the Company) has received notice from IP Australia that, further to announcement on 20 August 2020, the patent application has been examined and accepted by IP Australia. The Australian patent will be advertised in the Australian Official Journal of Patents on 8 October 2020. There is a standard opposition period of 3 months. According to IP Australia, less than 2% of accepted standard patent applications are opposed. If granted as expected, this will be the eight patent for InPayTech across the globe. Other patents in the western world include the US, South Africa and New Zealand. InPayTech has also patented its payments process in Asia including China, Japan, Hong Kong and Singapore. Payment Adviser, which utilises the patent, allows unlimited data about payments to be communicated to the receiver of the payment via the security of the receiver's bank account. The data is accessed by a short form URL, displayed in the reference field on their bank statement. The Payment Adviser process is used by all InPayTech's business products which are ClickSuper, Payment Adviser, PayVu and is proposed to be used in ClickVu, pending digital engagement, advice and benefits platform. InPayTech has alerted the Canadian patent office of the granting of the Australian patent. The Company's final patent application is pending in Canada, and if granted the Company's patent will be enforceable in 9 significant jurisdictions across the globe. Anuncio • Jul 09
Integrated Payment Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.883192 million. Integrated Payment Technologies Limited has completed a Follow-on Equity Offering in the amount of AUD 1.883192 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 57,546,133
Price\Range: AUD 0.015
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,000,000
Price\Range: AUD 0.015
Transaction Features: Rights Offering