Wrkr Ltd (ASX:WRK): Is Breakeven Near?

We feel now is a pretty good time to analyse Wrkr Ltd's (ASX:WRK) business as it appears the company may be on the cusp of a considerable accomplishment. Wrkr Ltd, together with its subsidiaries, provides software as a service to solve compliance needs for companies to process pay, superannuation and SMSF contributions, onboard new staff and contractors, and check credentials of new employees and contractors in Australia. On 30 June 2025, the AU$275m market-cap company posted a loss of AU$2.6m for its most recent financial year. Many investors are wondering about the rate at which Wrkr will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

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Consensus from 2 of the Australian IT analysts is that Wrkr is on the verge of breakeven. They anticipate the company to incur a final loss in 2026, before generating positive profits of AU$6.1m in 2027. So, the company is predicted to breakeven approximately 2 years from now. In order to meet this breakeven date, we calculated the rate at which the company must grow year-on-year. It turns out an average annual growth rate of 86% is expected, which is extremely buoyant. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.

Given this is a high-level overview, we won’t go into details of Wrkr's upcoming projects, but, take into account that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

See our latest analysis for Wrkr

One thing we’d like to point out is that The company has managed its capital prudently, with debt making up 0.9% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.

Next Steps:

There are key fundamentals of Wrkr which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Wrkr, take a look at Wrkr's company page on Simply Wall St. We've also put together a list of important aspects you should further research:

1. Valuation: What is Wrkr worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Wrkr is currently mispriced by the market.
2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Wrkr’s board and the CEO’s background.
3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.