Appendix 4C & Quarterly Activities Report
| Stock | Dataworks Group Ltd (DWG.ASX) |
|---|---|
| Release Time | 31 Oct 2025, 3:01 p.m. |
| Price Sensitive | Yes |
DataWorks Group reports quarterly results, contract expansion
- Secured contract extension for Ontario iGaming Centralised Self-Exclusion program
- New call centre services expected to generate over A$1 million in additional revenue
- Achieved all Ontario CSE milestones on schedule, with associated payments received
DataWorks Group Limited (ASX: DWG), a global leader in advanced self-exclusion technologies, has released its Appendix 4C Report and business update for the first quarter of FY26. Key highlights include the expansion of the ~A$10 million iGaming Ontario Centralised Self-Exclusion (CSE) contract, which now includes the provision of advanced call centre capabilities. This enhancement is expected to generate >A$1.0 million in incremental revenue, with approximately 70% to be recognised in FY26. All contracted Ontario milestones have been achieved on or ahead of schedule, with corresponding milestone payments received. The company continues to strengthen its operational and financial performance, with disciplined execution across existing contracts and successful expansion of key client relationships. Revenues increased in line with expectations, while operating expenditure remained tightly controlled, resulting in further reductions in key operating costs and a 18% reduction in operating cash outflows quarter on quarter. DWG remains the only company globally delivering two large-scale, government-backed self-exclusion systems in Australia and Ontario, Canada, which serve as powerful global references for future international opportunities. The company continues to engage stakeholders regarding a major domestic land-based CSE contract and progress multiple new opportunities in regulated markets internationally.
DWG remains confident in achieving positive quarterly operating cash flow in coming quarters, supported by existing cash position and prudent liquidity management facilities, subject to the timing of customer receipts and payments being in line with current contract milestone schedules. The securing of any additional contracts during the calendar year is expected to deliver a material uplift in the company's overall financial outlook.
DWG is fully concentrated on the disciplined execution of existing contracts and the conversion of new business opportunities within its expanding pipeline. The company continues to advance multiple late-stage sales opportunities internationally, with a particular focus on jurisdictions adopting broad CSE frameworks. The securing of any additional contracts is expected to deliver a material uplift in the company's overall financial outlook.