Slide 1: H1 FY22 Results and Business Outlook
For personal use only Compliance. Simple. Authorised by: Trent Lund H1 FY22 Results and Business Outlook Chief Executive Officer trent.lund@wrkr.com.au February 28th 2022 Wrkr Ltd ACN 611 202 414 Wrkr Ltd Level 24, 66 Goulburn Street Sydney NSW 2000
Slide 2: H1 FY22 Financial results
H1 FY22 Financial results For personal use only
Slide 3: H1 FY22 Financial results - Executive Summary
H1 FY22 Financial results - Executive Summary H1 FY22 Revenue of $1,763k (+179% on previous year H1 FY21 of $631k) For personal use only ● ● Q2 FY22 Revenue of $971k (+22% on previous quarter Q1 FY22 of $793k) ● H1 FY22 net loss before income tax of ($2,996k); H1 FY21 ($1,069k) ● H1 FY22 EBITDA ($1,
Slide 4: Forecasted Cash Flow Jan-Dec 2022
Forecasted Cash Flow Jan-Dec 2022 Key Comments Forecasting sufficient cash For personal use only ● reserves to the end of the financial year without securing ‘in year revenue’ contracts in pipeline* ● Removed $600k of annualised costs; $300k H2 FY22 ● Proactively managing cash flow requirements ● Obtai
Slide 5: Working Capital
Working Capital Working Capital as at 31-Dec-21 $579k (audited); 31-01-22 $402k (unaudited) For personal use only ● ● Management and the Board are confident that the working capital requirements of the business will continue to be met in the FY22 financial year ● Working capital is being monitored clo
Slide 6: Wrkr Growth
Wrkr Growth For personal use only ● On target for $5m Revenue (up from 2.1m in FY21) ● Deals have taken longer to close than we would like however they are significant deals and on target to yield target revenue in FY 22 ● Revenue diversity is paying off ○ Wrkr SMSF Hub (growing faster than expected)
Slide 7: Revenue growth
Revenue growth Growth Activity On target to double our For personal use only New deals x2 ● Market SMSF Hub revenue from FY21 collaboration W/Ready ● Gap to close <$900K with alliances $1.7m of opportunity to close starting in Q3 ○ We expect income to lift across SMSF Hub which is growing ahead of f
Slide 8: Summary
Summary For personal use only ● Our business environment is solid, Australian regulated compliance events drive our income ● Wrkr is on track to more than double revenue and meet our $5m target for FY 22 ● We have added valuable, recurring revenue that will underpin FY 23-25 ● We have laid the track
Slide 9: Thank you & Questions
For personal use only Thank you & Questions Wrkr.com.au
Slide 10: Executive Team
Executive Team For personal use only Trent Lund Karen Gilmour Joe Brasacchio Jean-Paul Seow Greg Tonner CEO and Executive Director CFO CTO (Comply Path Founder) Head of Commercial Head of Growth and Alliances Trent has over 25 years Karen has over 15 years Joe has over 20 years of Jean-Paul has over
Slide 11: Board
Board For personal use only Emma Dobson Paul Collins Randolf Clinton Jillian McGregor Non-Executive Chair Non-Executive Director Non-Executive Director Company Secretary
Slide 12: Summary information / Financial data
Summary information Financial data This presentation contains summary information about Wrkr Ltd (Company) (ASX: WRK) and its All financial information in this presentation is in Australian dollars ($ or AUD) unless activities as at the date of the presentation. The information in this presentation