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DataWorks Group Limited (ASX:DWG)

ALERT: Price-sensitive ASX Announcement for DWG
Current share price for DWG : $0.150 -0.03 (-16.67%)+
Release
26 Feb 2026 7:53PM
Price at Release
$0.180
Full Release
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Summary
The interim financial report for Dataworks Group Limited for the half-year ending 31 December 2025 revealed a decrease in revenue by 6.4% and a reduction in loss by 60% compared to the previous period. Despite this improvement, the company reported a negative net tangible asset value per ordinary security and did not declare any dividends. The total equity also fell to a negative value. The financial statements adhered to Australian standards and highlighted costs associated with a capital raise. The company operates in Australia, the UK, and North America, and struggles with current liabilities surpassing its assets.
Key Points
  • Dataworks Group Limited reported a decrease in revenue by 6.4% for the half-year ending 31 December 2025.
  • The company incurred a loss of $1,777,780, which is a 60% reduction compared to the previous period.
  • No dividends were paid, recommended, or declared during the current or previous financial periods.
  • Net tangible assets per ordinary security were negative at -0.02 cents.
  • The financial statements were reviewed by auditors and were in accordance with Australian Accounting Standards.
  • Total equity decreased to a negative $1,409,313 as of 31 December 2025.
  • The company recognized $81,118 in costs related to a capital raise.
  • As of 31 December 2025, current liabilities exceeded current assets.
  • The company's operations span Australia, the UK, and North America.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.