Appendix 4C & Quarterly Activities Report
| Stock | Dataworks Group Ltd (DWG.ASX) |
|---|---|
| Release Time | 29 Apr 2026, 4:38 p.m. |
| Price Sensitive | Yes |
Dataworks Executes Major Ontario Contract Expansion
- Executed C$12.5M (~A$14M) Change Order for Ontario iGaming Centralised Self-Exclusion program
- Expands scope to include managed contact centre operations
- Strengthens recurring revenue and contracted cashflows
- Continued high-quality contract execution and growing commercial pipeline
Dataworks Group Limited (ASX:DWG), a global leader in advanced self-exclusion technologies, has released its Quarterly Activities Report and Appendix 4C for Q3 FY26. Key highlights include the execution of a major C$12.5M (~A$14M) Change Order under the existing Ontario Centralised Self-Exclusion (CSE) contract, representing the largest contract award in the company's history. The Change Order expands the scope of services to include the delivery and operation of end-to-end managed contact centre services supporting the Ontario CSE program. This further embeds Dataworks within the critical regulatory infrastructure and reinforces the scalability of its RegTech offering. The broader Ontario CSE program continues to progress in line with agreed delivery milestones, with strong ongoing engagement with iGaming Ontario. The quarter also reflected continued strong operational delivery across the company's core government contracts, highly supportive findings from a parliamentary review of the BetStop solution, and ongoing progress across several advanced commercial opportunities. While reported operating cashflow for the quarter reflects the timing of receipts relative to invoicing cycles, the underlying performance of the business remains consistent with the company's transition to cashflow breakeven, supported by a growing base of contracted revenues.
The company expects a strong cashflow outcome in the June 2026 quarter, supported by the conversion of receivables and continued contract delivery. Any successful contract awards are expected to materially enhance the financial outlook and liquidity profile of the company.
Dataworks enters the June quarter with increasing momentum across its core operations and commercial pipeline. Key near-term focus areas include continued execution and scaling of the Ontario CSE program, conversion of existing receivables into cash, progression of advanced commercial opportunities, and ongoing engagement in the strategic interest process. The company expects that upcoming periods may include outcomes on several material contract opportunities, which would further strengthen its financial position and growth outlook.