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DataWorks Group Limited (ASX:DWG)

ALERT: Price-sensitive ASX Announcement for DWG
Current share price for DWG : $0.130 -0.01 (-7.14%)+
Announcement
Release
29 Apr 2026 4:38PM
Price at Release
$0.140
Full Release
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Summary
The quarterly report for Dataworks Group Limited (DWG) for the period ending 31 March 2026 highlights significant developments including the execution of a major Change Order under the Ontario CSE program, marking the largest contract in the company's history worth over C$12.5 million. During this quarter, DWG reported a net operating cash outflow of $0.77 million, primarily due to the timing of customer receipts. The company expects a positive cashflow in the following quarter as outstanding receivables are collected. The company's key achievements include maintaining high-quality contract execution with strong deliveries across both the BetStop™ program in Australia and the iGaming Ontario CSE program. The quarter also saw reduced corporate and staff costs, and strategic interest processes remain ongoing. The report emphasizes the company’s capacity to deliver scalable regulatory technologies and anticipates potential growth from advanced sales opportunities expected to reach decision points soon.
Key Points
  • Executed a major Change Order under the Ontario CSE program.
  • Net operating cash outflow of $0.77 million for the quarter.
  • Receivables of ~$1.7 million expected to be collected soon.
  • Strong performance and validation from a review of BetStop™.
  • Ongoing strategic interest process with multiple parties.
  • Anticipation of growth from upcoming contract decisions.
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.