DataWorks Group Limited (ASX: DWG) reported a positive operating cashflow of approximately $276,000 for FY26, reflecting its achievement of cashflow breakeven, with $538,000 generated during the June quarter alone. Customer cash receipts exceeded $10.3 million, further increased by R&D tax incentives to $11.1 million. Significant milestones include the launch of the BetGuard platform in Ontario and the establishment of a Toronto-based Contact Centre. DataWorks operates two major Centralised Self-Exclusion platforms in Australia and Ontario, processing over 41 billion real-time exclusion checks to date. The company has expanded its contracts in Ontario and is engaging with strategic partners for further growth. The outlook remains strong with a focus on innovation in regulated gambling technology.
Key Points
Dataworks Group Limited (ASX: DWG) generated positive operating cashflow of approximately $276,000 for FY26, achieving cashflow breakeven.
The company reported positive operating cashflow of approximately $538,000 during the June quarter.
Customer cash receipts increased to over $10.3 million during FY26, rising to approximately $11.1 million after including the R&D tax incentive.
Dataworks launched BetGuard, Ontario's Centralised Self-Exclusion platform, and established a dedicated Toronto-based Contact Centre.
The company's platforms have processed over 41 billion real-time exclusion checks globally.
Dataworks completed the largest contract expansion through the Ontario Change Order.
The company has ongoing strategic interest and engagement with potential partners.
Dataworks operates two large-scale Centralised Self-Exclusion platforms in Australia and Ontario.
The financial outlook for the company is strong, with continued growth expected in regulated gambling technology.
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.