Slide 1: 2023 Full Year Results Presentation
For personal use only Compliance. Simple. 2023 Full Year Results Presentation 30 August 2023 Wrkr Ltd ACN 611 202 414 Level 24, 66 Goulburn Street Sydney NSW 2000 Authorised by Trent Lund (Chief Executive Officer)
Slide 2: Agenda
Agenda For personal use only ● FY23 Highlights ● Financial Results ● FY24 Focus ● Q&A
Slide 3: FY23 Highlights
FY23 Highlights For personal use only Financial Market Continuous Performance Activity Innovation ● Delivered improved FY23 ● Revenue Diversity has ● Delivered ‘Onboarding to financial performance paid off Super’ functionality ● Revenue $6.6m (+43% on ● Progression of Link MSA ● Multi cloud and FY22
Slide 4: FY23 Financial Highlights
FY23 Financial Highlights For personal use only FY23 v FY22 Cost to Revenue Cash Income Ratio ARR $6.6m $4.11m 1.07 $3.61m 43% $4.6m 222% $1.28m 20% 1.28 16% $3.1m Operating Cash Cash Receipts Cash Burn Outflows from Customers Rate -$0.38m $6.52m $132k/mth 330% -$1.62m 43% $4.56m 21% $167k/mth ● Cash
Slide 5: Statement of profit or loss
Statement of profit or loss For personal use only A$ FY22 FY23 % Change On a reported basis, revenue increased 43% from $4.6m in 2022 to $6.6m in 2023. This was driven Operating Revenue 4.60m 6.58m 43% by increases in the following revenue streams: ● $1.14m Float Income Other Income 0.78m 0.35m (55%)
Slide 6: Statement of financial position
Statement of financial position For personal use only A$ 30 Jun 22 30 Jun 23 Cash Cash & Cash Equivalents 1.28m 4.11m ● $4.11m Cash at bank at 30 Jun 23 ● $4.24m capital raised to accelerate Wrkr’s Other Current Assets 2.10m 1.49m growth strategy through (i) issue of $3.3m Convertible Notes and (ii)
Slide 7: Historical Financial Results
Historical Financial Results For personal use only $6.58m ↑43% $4.60M ↑99% $2.31M ● Undergone an organisational ↑61% transformation across $1.73m $1.43m technology, leadership and ↓17% brand ● Achieved revenue growth Operating Revenue since merger in FY21 FY19 to FY23 ● Growth in product and custome
Slide 8: FY24 Focus
FY24 Focus For personal use only Financial Regulatory Partner Cyber Performance Changes Ecosystem Posture ● Continue to carefully and ● Position Wrkr to thrive ● Invest in partnerships ● Invest in Cyber risk strategically manage our under the Pay Day Super with Human Resource management and working
Slide 9: Bring the 'one stop shop' for compliance from onboarding to pay
Bring the ‘one stop shop’ for For personal use only compliance from onboarding to pay Our integrated applications, being served from a single platform make the experience for customers even easier. One secure application to manage compliance moments. Pay Super & SMSF Contributions STP and other ATO
Slide 10: For personal use only
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Slide 11: Thank you & Questions
For personal use only Thank you & Questions wrkr.com.au
Slide 12: Management Team
Management Team For personal use only Trent Lund Karen Gilmour Joe Brasacchio Jean-Paul Seow Greg Tonner Paul Verkuylen CEO and Executive CFO CTO (Comply Path Head of Commercial Head of Growth Head of Product Director Founder) and Alliances Trent has over 25 years Karen has over 15 years Joe has ove
Slide 13: Board
Board For personal use only Emma Dobson Paul Collins Randolf Clinton Jillian McGregor Non-Executive Chair Non-Executive Director Non-Executive Director Company Secretary
Slide 14: Summary information
Summary information Financial data This presentation contains summary information about Wrkr Ltd (Company) (ASX: WRK) and its All financial information in this presentation is in Australian dollars ($ or AUD) unless For personal use only activities as at the date of the presentation. The information