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DATAWORKS GROUP LIMITED Interim / Quarterly Report 2026

Feb 25, 2026

64802_rns_2026-02-25_79e0e0bd-72c5-43ae-ac47-cb962bb2f50a.pdf

Interim / Quarterly Report

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Dataworks Group Limited Appendix 4D Half-year report

1. Company details

Name of entity: Dataworks Group Limited ABN: 85 612 182 368 Reporting period: For the half-year ended 31 December 2025 Previous period: For the half-year ended 31 December 2024

2. Results for announcement to the market

$
Revenues from ordinary activities down 6.4%
to
3,652,099
Loss from activities after tax attributable to the shareholders of
Dataworks Group Limited down 60.0%
to
(1,777,780)
Loss for the half-year attributable to the shareholders of Dataworks
Group Limited down 60.0%
to
(1,777,780)

Dividends

There were no dividends paid, recommended or declared during the current financial period.

Comments

The loss for the consolidated entity after providing for income tax amounted to $1,777,780 (31 December 2024: $4,441,610).

3. Net tangible assets

Net tangible assets per ordinary security Reporting
period
Cents
(0.02)
Previous
period
Cents
(0.01)

4. Control gained over entities

Not applicable.

5. Loss of control over entities

Not applicable.

6. Dividends

Current period

There were no dividends paid, recommended or declared during the current financial period.

Previous period

There were no dividends paid, recommended or declared during the previous financial period.

Dataworks Group Limited Appendix 4D Half-year report

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7. Dividend reinvestment plans

Not applicable.

8. Details of associates and joint venture entities

Not applicable.

9. Foreign entities

Details of origin of accounting standards used in compiling the report:

Not applicable.

10. Audit qualification or review

Details of audit/review dispute or qualification (if any):

The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim report.

11. Attachments

Details of attachments (if any):

The Interim report of Dataworks Group Limited for the half-year ended 31 December 2025 is attached.

12. Signed

Signed _________

Date: 26 February 2026

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Dataworks Group Limited

ABN 85 612 182 368

Interim report - 31 December 2025

Dataworks Group Limited Corporate directory 31 December 2025

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Directors Freya Smith (Non-Executive Director)
Julian Babarczy (Executive Chairman)
Ian Penrose (Non-Executive Director)

Company secretary
David Franks

Registered office and Principal
Level 11
Place of Business 201 Miller Street
North Sydney, NSW 2060

Share register
Automic Group Limited
Level 5, 126 Philip Street
Sydney NSW 2000
Telephone +61 2 8072 1400
Email: [email protected]

Auditor
Hall Chadwick WA Audit Pty Ltd
283 Rokeby Road
Subiaco WA 6008

Solicitors
Thomas Geer

Bankers
St George Bank Limited

Stock exchange listing
Dataworks Group Limited shares are listed on the Australian Securities Exchange.
ASX code: DWG

Website
www.dataworksgroup.com.au

Place of Incorporation
Victoria, Australia

1

Dataworks Group Limited Directors' report 31 December 2025

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The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'consolidated entity') consisting of Dataworks Group Limited (referred to hereafter as the 'Company', 'parent entity' or 'Dataworks') and the entities it controlled at the end of, or during, the half-year ended 31 December 2025.

Directors

The following persons were directors of Dataworks Group Limited during the whole of the financial half-year and up to the date of this report, unless otherwise stated:

Freya Smith Non-Executive Director Julian Babarczy Executive Chairman Ian Penrose Non-Executive Director

Result of operations

The loss for the consolidated entity after providing for income tax amounted to $1,777,780 (31 December 2024: $4,441,610).

During the half-year, Dataworks continued to operate the world-leading BetStop™ National Self Exclusion Register - a stateof-the-art, Centralised Self Exclusion (CSE) platform that enables problem gamblers in Australia to self-exclude from all iGaming service providers for a minimum of 3 months and up to a lifetime. Operated on behalf of the Australian Government via the Australian Communications and Media Authority, BetStop has delivered robust operating metrics, with increased platform usage by problem gamblers and consistently high levels of system uptime and availability.

In addition, Dataworks secured a multi-year contract to develop a new iGaming CSE solution in Ontario, Canada, through its joint venture agreement. Awarded in August 2024 and valued at A$10 million, Dataworks has been actively engaged in the design and development of this solution. At this time, this contract represented the largest contract win ever by Dataworks and is seen as a strong endorsement of the Company’s world-leading technology and delivery capability for advanced CSE registers. More recently the Company executed a change order under the existing contract exercising optional services. The Change Order provides for the delivery and operation of end-to-end managed contact centre services in support of Ontario’s CSE program to the value of A$14 million over initial term and extension options. This Change Order is incremental to the original A$10 million CSW contract value.

A summary of other highlights of the half-year include:

  • Awarded extension of service offerings to provide Contact Centre setup of A$1.15 million to support contract in Ontario, Canada, separate from and incremental to both the original A$10 million CSE contract and a portion of the A$14 million Change Order.

  • ACMA-commissioned research validated strong user outcomes from BetStop (77% improved quality of life; 96% stopped or reduced wagering), with the platform surpassing 50,000 registrations and 31+ billion real-time checks processed since launch.

  • Confirmed a strongly cashflow-positive quarter (+$1.1m operating cash inflow) in the December 2025 quarter, marking a transition to cash generation for the business.

  • Appointed advisors to assess potential strategic interest in the Company’s Asset Base, with engagement ongoing (noting no certainty of a transaction).

  • Executed a Change Order under the existing Ontario CSE Contact to deliver managed contact centre services to the value of A$14.0 million including initial term and extension options

Awarded extension of Services Offerings to Ontario CSE Contract to include Advanced Call Centre Capabilities

On the 14[th] of August 2025 the company announced that, it has been secured an extension of service offerings to its existing A$10 million iGaming Ontario Centralised Self-Exclusion (CSE) contract, incorporating the enablement of specialized Call Centre capabilities to the value of A$1.15 million with 70% being recognized in FY26. A Portion of this revenue was replaced by the recent Contact Centre change order.

Positive outcomes reported by BetStop – The National Self-Exclusion Register Users in new ACMA research

On the 17[th] of November 2025 the company announced new research commissioned by the Australian Communications & Media Authority (ACMA) reinforces the effectiveness of BetStop – The National Self-Exclusion Register, which supported by technology which the Company considers to be one of the world’s leading technology solutions for delivering secure and scalable centralised self-exclusion services.

2

Dataworks Group Limited Directors' report 31 December 2025

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Confirms Strong Cash Flow Generation for the December 2025 Quarter

On the 17[th] December 2025 the Company delivered a strongly positive operating cash flow outcome, marking a significant inflection point following a period of structural realignment. This result reflects the underlying cash-generative characteristics of the Company’s core CSE contracts and a cost base that is now more closely aligned to recurring revenues.

Process to Assess Strategic Interest in Dataworks Asset Base

On the 22[nd] of December 2025 the Company commenced a process to assess potential strategic interest in its asset base and proprietary CSE technology, appointing advisors to assist with engagement with selected parties. The process remains exploratory, with no certainty of a transaction, and the Company will update the market in accordance with its continuous disclosure obligations if required.

Executes Change Order Under Existing Ontario CSE Contract to Deliver Managed Contract Centre Services

On the 4[th] of February 2026 the Company executed a Change Order under its existing Ontario Centralised Self-Exclusion (CSE) contract with iGaming Ontario, exercising optional services contemplated within the original agreement. The Change Order, valued at greater than C$12.5 million (approximately A$14 million) over an initial three-year term with extension options, provides for the delivery and operation of end-to-end managed contact centre services and is incremental to the original A$10 million Ontario CSE contract. The agreement enhances the Company’s recurring revenue profile and commenced immediately and milestone payments aligned to delivery.

Significant changes in the state of affairs

There were no significant changes in the state of affairs of the consolidated entity during the financial half-year.

Matters subsequent to the end of the financial half-year

On the 4[th] of February 2026 the Company executed a Change Order under its existing Ontario Centralised Self-Exclusion (CSE) contract with iGaming Ontario, exercising optional services contemplated within the original agreement. The Change Order, valued at greater than C$12.5 million (approximately A$14 million) over an initial three-year term with extension options, provides for the delivery and operation of end-to-end managed contact centre services and is incremental to the original A$10 million Ontario CSE contract.

No other matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

Auditor's independence declaration

A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report.

This report is made in accordance with a resolution of directors, pursuant to section 306(3)(a) of the Corporations Act 2001.

On behalf of the directors

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_________ Julian Babarczy Chairman

26 February 2026

3

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To the Board of Directors

AUDITOR’S INDEPENDENCE DECLARATION UNDER SECTION 307C OF THE CORPORATIONS ACT 2001

As lead audit director for the review of the financial statements of Dataworks Group Limited and its controlled entities for the half year ended 31 December 2025, I declare that to the best of my knowledge and belief, there have been no contraventions of:

  • the auditor independence requirements of the Corporations Act 2001 in relation to the review; and

  • any applicable code of professional conduct in relation to the review.

Yours Faithfully,

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HALL CHADWICK WA AUDIT PTY LTD MARK DELAURENTIS CA Director

Dated this 26[th] day of February 2026 Perth, Western Australia

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Dataworks Group Limited

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Contents 31 December 2025

Condensed Consolidated statement of profit or loss and other comprehensive income 6
Condensed Consolidated statement of financial position 7
Condensed Consolidated statement of changes in equity 8
Condensed Consolidated statement of cash flows 9
Notes to the Condensed consolidated financial statements 10
Directors' declaration 20
Independent auditor's review report to the members of Dataworks Group Limited 21

General information

The consolidated financial report covers Dataworks Group Limited (the "Company") and its controlled entities (together the "Consolidated Entity" or "Group").

Dataworks Group Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is:

Level 11 201 Miller Street North Sydney, NSW, 2060

A description of the nature of the consolidated entity's operations and its principal activities are included in the directors' report, which is not part of the financial statements.

The financial statements were authorised for issue, in accordance with a resolution of directors, on 26 February 2026.

Corporate Governance Statement

The Corporate Governance Statement is available on the Company's website at http://www.dataworksgroup.com.au

5

Dataworks Group Limited

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Condensed Consolidated statement of profit or loss and other comprehensive income For the half-year ended 31 December 2025

Note

Revenue
Revenue
Cost of sales
Gross profit

Other income
Interest revenue calculated using the effective interest method

Expenses
Employee benefits expense
3
Other Personnel costs (Share-based costs)
3
Depreciation and amortisation expense
3
Occupancy cost
3
Administration costs
3

Finance costs
3

Loss before income tax expense

Income tax expense

Loss after income tax expense for the half-year attributable to the
shareholders of Dataworks Group Limited

Items that may be reclassified to profit or loss
-
Exchange differences in translating foreign operations
Total comprehensive loss for the half-year attributable to the shareholders of
Dataworks Group Limited

Basic earnings per share
20
Diluted earnings per share
20
Consolidated
31 December
2025
31 December
2024
$
$
3,652,099
3,903,346
(222,006)
(619,359)
3,430,093
3,283,987
711,775
1,146,903
12,087
43,745
(3,131,592)
(3,782,363)
(27,429)
(1,197,277)
(501,607)
(849,147)
(12,780)
9
(2,223,197)
(2,985,414)
(35,130)
(102,053)
(1,777,780)
(4,441,610)
-
-
(1,777,780)
(4,441,610)
178,762
28,047
(1,599,018)
(4,413,563)
Cents
Cents

(1.56)
(5.40)

(1.56)
(5.40)
3,430,093
711,775
12,087
(3,131,592)
(27,429)
(501,607)
(12,780)
(2,223,197)
(35,130)
(1,777,780)
-
(1,777,780)
178,762
(1,599,018)
Cents

(1.56)

(1.56)

The above condensed consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.

6

Dataworks Group Limited Condensed Consolidated statement of financial position As at 31 December 2025

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Note

Assets
Current assets
Cash and cash equivalents
4
Trade and other receivables
5
Work in Progress
6
Prepayments
Total current assets
Non-current assets
Property, plant and equipment
7
Right-of-use assets
Intangibles
8
Deposits
Total non-current assets
Total assets

Liabilities
Current liabilities
Trade and other payables
9
Lease liabilities
10
Provisions
11
Deferred Revenue
12
Total current liabilities
Non-current liabilities
Lease liabilities
13
Provisions
14
Total non-current liabilities
Total liabilities

Net liabilities

Equity
Issued capital
15
Equity Settled Reserves
16
Accumulated losses

Total equity
Consolidated
31 December
2025
30 June
2025
$
$
899,050
404,599
790,498
1,118,113
240,128
20,481
16,562
-
1,946,238
1,543,193
115,627
180,901
563,738
663,221
661,288
961,169
190,273
270,737
1,530,926
2,076,028
3,477,164
3,619,221
2,741,995
2,244,278

234,762
234,580

433,931
445,948

982,998
-
4,393,686
2,924,806

406,286
496,886

86,505
35,254
492,791
532,140
4,886,477
3,456,946
(1,409,313)
162,275

68,778,112
68,361,060

12,424,482
12,974,974
(82,611,907) (81,173,759)
(1,409,313)
162,275
1,946,238
115,627
563,738
661,288
190,273
1,530,926
3,477,164
2,741,995

234,762

433,931

982,998
4,393,686

406,286

86,505
492,791
4,886,477
(1,409,313)

68,778,112

12,424,482
(82,611,907)
(1,409,313)

The above condensed consolidated statement of financial position should be read in conjunction with the accompanying notes.

7

Dataworks Group Limited

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Condensed Consolidated statement of changes in equity For the half-year ended 31 December 2025

Consolidated
Balance at 1 July 2024
Loss after income tax expense for the half-year
Other comprehensive income for the half-year, net of tax
Total comprehensive loss for the half-year
Transactions with shareholders in their capacity as
shareholders:
Expiry of Performance rights and Options
Conversion of Convertible notes
Options in relation to capital Raise
Issue of shares
Share issue costs
Share-based payments (note 16)
Balance at 31 December 2024

Consolidated
Balance at 1 July 2025
Loss after income tax expense for the half-year
Foreign currency translation
Total comprehensive loss for the half-year
Transactions with shareholders in their capacity as
shareholders:
Exercise of Performance rights
Lapse of Performance rights
Expiry of Options
Share issue costs
Share-based payments (note 16)
Balance at 31 December 2025
Issued
capital
$
61,778,002
-
-
Reserves

$
17,069,687


-
28,047

28,047
(2,198,671)

(22,702)

58,102

-

-
1,097,277
16,031,740

Reserves

$

12,974,974

-
178,762

178,762

(498,170)

(68,652)

(270,980)

81,118
27,430

12,424,482
Accumulated
losses
$
(76,079,553)
(4,441,610)
-
Total equity

$

2,768,136

(4,441,610)
28,047

(4,413,563)

-

250,000

58,102

5,148,500

(361,012)
1,097,277
4,547,440
Total equity

$

162,275

(1,777,780)

178,762

(1,599,018)

-

-

-

-
27,430
(1,409,313)
-
-
272,702
-
5,148,500
(361,012)
-
(4,441,610)
2,198,671
-
-
-
-
-
66,838,192 (78,322,492)
Issued
capital
$
68,361,060
-
-
Accumulated
losses
$
(81,173,759)

(1,777,780)
-
-
498,170
-
-
(81,118)
-

(1,777,780)

-

68,652

270,980

-
-
68,778,112 (82,611,907)

The above condensed consolidated statement of changes in equity should be read in conjunction with the accompanying notes.

8

Dataworks Group Limited

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Condensed Consolidated statement of cash flows For the half-year ended 31 December 2025

Note

Cash flows from operating activities
Interest and other finance costs paid
Receipts from customers
Payments to suppliers and employees
Interest received
Government grants and tax incentives (JobKeepers Rebate, Cash boost, EMD
Grant)
Net cash used in operating activities

Cash flows from investing activities
Payments for property, plant and equipment
Receipts from other non-current assets
Net cash used in investing activities

Cash flows from financing activities
Proceeds from issue of shares
Payment for share and issue transaction costs
Repayment of borrowings
Proceeds borrowings
Net cash from financing activities

Net increase in cash and cash equivalents
Cash and cash equivalents at the beginning of the financial half-year
Effects of exchange rate changes on cash and cash equivalents
Cash and cash equivalents at the end of the financial half-year
Consolidated
31 December
2025
31 December
2024
$
$
(9,793)
-
4,739,602
4,011,860
(4,956,714)
(7,399,248)
12,086
11,459
690,224
-
475,405
(3,375,929)
-
(334)
34,977
-
34,977
(334)
-
5,048,500
-
(307,910)
(242,500)
(4,874)
242,500
-
-
4,735,716
510,382
1,359,453
404,599
1,147,951
(15,931)
(1,651)
899,050
2,505,753
Consolidated
31 December
2025
31 December
2024
$
$
(9,793)
-
4,739,602
4,011,860
(4,956,714)
(7,399,248)
12,086
11,459
690,224
-
475,405
(3,375,929)
-
(334)
34,977
-
34,977
(334)
-
5,048,500
-
(307,910)
(242,500)
(4,874)
242,500
-
-
4,735,716
510,382
1,359,453
404,599
1,147,951
(15,931)
(1,651)
899,050
2,505,753
475,405

34,977
-





34,977
-
-
(242,500)
242,500
-
510,382
404,599
(15,931)
899,050

The above condensed consolidated statement of cash flows should be read in conjunction with the accompanying notes.

9

Dataworks Group Limited

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Notes to the condensed consolidated financial statements 31 December 2025

Note 1. Material accounting policies

These general-purpose financial statements for the interim half-year reporting period ended 31 December 2025 have been prepared in accordance with Australian Accounting Standard AASB 134 'Interim Financial Reporting' and the Corporations Act 2001, as appropriate for for-profit oriented entities. Compliance with AASB 134 ensures compliance with International Financial Reporting Standard IAS 34 'Interim Financial Reporting'.

These general purpose financial statements do not include all the notes of the type normally included in annual financial statements. Accordingly, these financial statements are to be read in conjunction with the annual report for the year ended 30 June 2025 and any public announcements made by the Company during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001.

The principal accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, unless otherwise stated.

Going concern

The general-purpose financial statements are prepared on a going concern basis which assumes the settlement of liabilities and the realisation of assets in the normal course of business.

The Group has incurred a loss for the half year of $1,777,780 (HY24: $4,441,610), and experienced net cash inflows from operating activities of $475,405 (HY24: $3,375,929). As at 31 December 2025, the Group has cash and cash equivalents of $899,050 (30 June 25: $404,599). The conditions indicate a material uncertainty that may cast significant doubt about the ability of the Company to continue as a going concern. The Group’s ability to continue as a going concern, to recover the carrying value of its assets and meet its commitments as and when the fall due is dependent on the ability of the Group to continue to reduce cash burn and commercialise its intellectual property.

During the half year, The Group continued to restructure its operations, including the final closure of its UK-based datapowa division and the continued substantial reduction of expenses within non-core divisions and the alignment of its cost base to its revenue profile. As a result of these actions, the RegTech division is cash flow positive and profitable on a standalone basis, and the Group achieved operating cash flow breakeven on a quarterly basis during the half year.[(1)]

Management has prepared a cash flow forecast for a period of 12 months from the date of this report incorporating the factors below:

  • The structural cost base reductions implemented during the half year and prior period;

  • The continued cash flow positive performance of the RegTech division[(2)] ;

  • Revenue from secure long-term contracts underpinning recurring cash inflows;[(3)] and

  • Continued commercialisation of the Group’s intellectual property within the RegTech segment.

The Directors have prepared a cash flow forecast, which indicates the Company will have sufficient cashflows to meet all its commitments and working capital requirements for the 12-month period form the date of signing this financial report.

Based on the cash flow forecast and other factors referred to above the directors are satisfied that the going concern basis of preparation is appropriate. In particular, given the Company’s improved trading position and a history of raising capital to date, the directors are confident of the Company’s ability to raise additional funds as and when they are required.

Should the Company be unable to continue as a going concern, it may be required to realise its assets and extinguish its liabilities other than in the normal course of business and at amounts different to those stated in the financial statements. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or to the amount and classification of liabilities that might result should the Company be unable to continue as a going concern and meet its debts as and when they fall due.

1) Quarterly Activity Report – ASX 14 January 2026

2) ASX Announcement 4 February 2026

3) ASX Announcement 16 February 2026 – page 15

10

Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

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New or amended Accounting Standards and Interpretations adopted

There have been no changes to the financial statements arising from new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period.

Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted.

Note 2. Operating Segments

Identification of reportable operating segments

The Group currently operates in one operating segment being the software industry. The Group continues to consider new projects in this sector and other by way of acquisition of investment. The Group currently operates in three geographic segments that being Australia UK and U.S.

The Group determines and presents segments based on information provided by the Board of directors who collectively are the Group’s Chief Operating Decision Maker. An operating segment is a component of the group that engages in business activities from which it may earn revenues and incur expenses.

Geographic segment information

Consolidated – 31 December 2025
Revenue
Sales to external customers
Interest income
EBITDA
Depreciation and amortisation
Loss before income tax expense
Income tax expense
Loss after income tax expense
Assets
Segment assets
Intersegment eliminations
Total Assets
Liabilities
Segment liabilities
Total Liabilities
Consolidated – 31 December 2024
Revenue
Sales to external customers
Interest income
EBITDA
Depreciation and amortisation
Loss before income tax expense
Income tax expense
Loss after income tax expense
Australia
UK
North
America
$
$
$
2,377,338
(10,307)
1,285,068
12,087
-
-
Total
$

3,652,099
12,087
2,389,425
(10,307)
1,285,068

3,664,186
(829,512)
36,703
(483,364)
(459,162)
(5,348)
(37,097)

(1,276,173)
(501,607)
(1,288,674)
31,355
(520,461)

(1,777,780)
3,474,782
25
2,357
-
(1,777,780)

3,477,164
4,886,477
-
-
-
3,477,164
4,886,477

Australia
UK
North
America
$
$
$
3,664,893
238,453
-
43,745
-
-
4,886,477
Total
$

3,903,346
43,745
3,708,638
238,453
-
3,947,091
(2,923,194)
(669,920)
651
(813,381)
(35,766)
-

(3,592,463)

(849,147)
(3,736,575)
(705,686)
651

(4,441,610)
-
(4,441,610)

11

Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

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Note 2 – Operating Segments – Continued
Australia
UK
Consolidated – 30 June 2025
$
$
Segment assets
3,525,896
53,393
Total Assets
Liabilities
Segment liabilities
3,115,511
341,435
Total Liabilities
Note 3. Expenses

Loss before income tax includes the following specific expenses:
Depreciation
Depreciation
Administrative Costs
Professional adviser and legal costs
Consulting costs paid to entities related to directors
Recruitment costs
Advertising and promotion
Travel and accommodation
Software and Infrastructure Licensing
Other
Employee benefits expense
Personnel costs
Occupancy costs
Occupancy costs
Finance costs
Interest and finance charges paid/payable on lease liabilities
Other finance costs
Finance costs expensed
Share-based payments expense
Share-based payments expense
Australia
UK
$
$
3,525,896
53,393
North
America
$
39,932
3,115,511
341,435
-

12

Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

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Note 4. Current assets – Cash and cash equivalents


Cash at bank
Cash on hand
Term deposits
Consolidated
31 December
2025
30 June
2025
$
$
846,693
354,599
2,357
-
50,000
50,000
Consolidated
31 December
2025
30 June
2025
$
$
846,693
354,599
2,357
-
50,000
50,000
899,050
404,599

Note 5. Current assets – Trade and other receivables


Trade and other receivables
GST Receivable
Consolidated
31 December
2025
30 June
2025
$
$
763,581
1,032,286
26,917
85,827
Consolidated
31 December
2025
30 June
2025
$
$
763,581
1,032,286
26,917
85,827
790,498 1,118,113

Note 6. Current assets – Work in progress


Work in progress
Consolidated
31 December
2025
30 June
2025
$
$
240,128
20,481
Consolidated
31 December
2025
30 June
2025
$
$
240,128
20,481
240,128 20,481

Note 7. Non-current assets – Property, plant and equipment


Computer equipment – at cost
Less: Accumulated amortisation
Office Equipment - at cost
Less: Accumulated amortisation
Consolidated
31 December
2025
30 June
2025
$
$
182,904
183,880
(160,113)
(147,328)
Consolidated
31 December
2025
30 June
2025
$
$
182,904
183,880
(160,113)
(147,328)
22,791
36,552
320,890
(228,054)

321,078

(176,729)
92,836
144,349
115,627
180,901

13

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Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

Note 8. Non-current assets - intangibles


Goodwill - at cost
Customer Contracts
Less: Accumulated amortisation
Website - at cost
Less: Accumulated amortisation
Intellectual Property - at cost
Less: Accumulated amortisation
Consolidated
31 December
2025
30 June
2025
$
$
406,288
406,288
1,344,565
1,344,565
(1,344,565)
(1,344,565)
-
-
1,194,680
1,194,680
(1,194,680)
(1,194,680)
-
-
3,014,316
3,014,316
(2,759,316)
(2,459,435)
255,000
554,881
661,288
961,169
1,344,565
(1,344,565)
-
1,194,680
(1,194,680)
-
3,014,316
(2,759,316)
255,000
661,288

The Company reviews its intangible assets for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Note 9. Current liabilities – Trade and other payables


Trade Payables
Accrued Expenses
PAYG withholding payable
Superannuation payable
Other payable
Consolidated
31 December
2025
30 June
2025
$
$
587,148
840,943
226,101
152,514
1,727,307
1,059,869
155,622
147,894
45,817
43,058
2,741,995
2,244,278
2,741,995

14

Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

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Note 10. Current liabilities - lease liabilities

Lease liability Consolidated
31 December
2025
30 June
2025
$
$
234,762
234,580

The consolidated entity leases an office, with lease terms of 5 years, which commenced on 1 November 2023.

Note 11. Current liabilities - Provisions


Annual Leave
Long Service Leave
Provisions
Consolidated
31 December
2025
30 June
2025
$
$
380,971
367,928
52,960
78,020
Consolidated
31 December
2025
30 June
2025
$
$
380,971
367,928
52,960
78,020
433,931
445,948

Note 12. Current liabilities – Unearned Revenue


Unearned Revenue

Note 13. Non-current liabilities - lease liabilities


Lease liability
Consolidated
31 December
2025
30 June
2025
$
$
982,998
-
Consolidated
31 December
2025
30 June
2025
$
$
406,286
496,886

Note 13. Non-current liabilities - lease liabilities

Note 14. Non-current liabilities - provisions


Long service leave
Consolidated
31 December
2025
30 June
2025
$
$
86,505
35,254

15

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Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

Note 15. Equity - issued capital

Ordinary shares - fully paid

Movements in ordinary share capital

Details
Balance
Issue of shares
Shares issue costs
Balance
31 December
2025
Shares
103,054,327
Consolidated

30 June
2025
31 December
2025
Shares
$
102,224,044
68,778,112
Consolidated

30 June
2025
31 December
2025
Shares
$
102,224,044
68,778,112

30 June
2025
$

68,361,060
$

68,361,060

498,170
(81,118)

68,778,112
Date
1 July 2025
1 October 2025
31 December 2025
Shares
102,224,044
830,283
-
103,054,327

Ordinary shares

Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the Company in proportion to the number of and amounts paid on the shares held. The fully paid ordinary shares have no par value and the Company does not have a limited amount of authorised capital.

On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.

Note 16. Equity - Reserves


Foreign currency reserve
Equity-settled reserves
Options reserve
Consolidated
31 December
2025
30 June
2025
$
$
(52,494)
(231,256)
6,077,513
5,968,965
6,399,463
7,237,265
12,424,482
12,974,974
12,424,482

Options reserve

The reserve is used to recognise the value of equity benefits provided to employees and directors as part of their remuneration as part of their compensation for services.

16

Dataworks Group Limited

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Notes to the condensed consolidated financial statements 31 December 2025

Note 16. Equity - Reserves (continued)

Consolidated
Balance at 1 July 2024
Foreign currency Translation
Share based payments
Performance rights converted to shares
Share issue costs - Equity
Conversion of Convertible note
Performance rights lapsed
Balance at 30 June 2025
Share based payments
Exercise of Performance Rights
Lapse of Performance Rights
Expiry of Options
Share issue costs - Equity
Foreign currency Translation
Balance at 31 December 2025

Options

Details
Date
Balance
30 June
Expired due to forfeiture during the period
Balance
Foreign
currency
reserve
$ (309,418)
78,162
-
-
-
-
-
Other Equity-
settled
reserve
$
6,480,672

-

1,149,556

(1,633,314)

-

-
(27,949)
Options
reserve
$
10,898,433

-

1,004,070

-

268,548

(22,702)

(4,911,084)
Total
$
17,069,687

78,162

2,153,626

(1,633,314)

268,548

(22,702)

(4,939,033)

12,974,974

27,430

(498,170)

(68,652)

(270,980)

81,118
178,762

12,424,482
Options
25,833,649
(4,883,652)
20,949,997
(231,256)
5,968,965

7,237,265
-
-
-
-
-
178,762

27,430

-

-

-

81,118

-

-

(498,170)

(68,652)

(270,980)

-
-
(52,494) 6,077,513
6,399,463
2025

During the half year ended 31 December 2025:

  • $81,118 was recognised relating to lead manager fee related to capital raise in the reporting period

Performance Rights


Details
Date
Balance
30 June 2025
Performance rights issued to employees
30 December 2025
Expired during the year
8 Nov 2024
Exercised during the year
1 October 2025
Balance
Performance
Rights
2,694,702
750,000
(114,417)
(830,285)
2,500,000

17

Dataworks Group Limited Notes to the condensed consolidated financial statements 31 December 2025

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Note 16. Equity - Reserves (continued)

During the half-year ended 31 December 2025:

$27,429 was recognised relating to performance rights issued to Alastair Watson, which was calculated on the following basis:

Performance
rights Issued 30
December 2025
Performance
rights Issued 18
July 2024
Performance
rights Issued 18
July 2024
Performance
rights Issued 30
December 2025
Performance
rights Issued 18
July 2024
Performance
rights Issued 18
July 2024
Exercise Price $Nil
$Nil
$Nil
Share Price at issue $0.09
$0.44
$0.44
Grant Date 30 Dec 2025
18 July2024
18 July2024
Volatility 103%
100%
100%
Model Used Monte-Carlo
Monte-Carlo
Monte-Carlo
Expiry 30/12/2030
31/5/2027
31/5/2027
Risk free interest rate 4.20%
3.27%
3.27%
Vesting period -
-
-
Number of Options 750,000
250,000
250,000
Total Value of options $60,000
$74,728
$83,747

Value recognized
during the period
$33
$12,919
$14,478

Note 17. Contingent liabilities

There are no contingent liabilities as at the date of signing this report.

Note 18. Related party transactions

Parent entity

Dataworks Group Limited is the parent entity.

Transactions with related parties

Mr Julian Babarczy is ultimate controlling party of Jigsaw Consult Pty Ltd previously known as Vaucluse Property Pty Ltd

Mr Ian Penrose is ultimate controlling party of Dunaswood Limited

Balances and transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note. The following transactions occurred with related parties and are GST exclusive:

Consolidated Consolidated
31 December

31 December
2025 2024
$ $
Payment for goods and services:
Payment to Jigsaw Consult Pty Ltd and Vaucluse Property Pty Ltd for consulting services 153,022 44,067
Payment to Dunaswood Limited for consulting services 85,508 -
Payable to Dunaswod Limited for Consulting services 33,868 -

18

DATAWORKS Limited Notes to the condensed consolidated financial statements 31 December 2025

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Note 19. Events after the reporting period

On the 4[th] of February 2026 the Company executed a Change Order under its existing Ontario Centralised Self-Exclusion (CSE) contract with iGaming Ontario, exercising optional services contemplated within the original agreement. The Change Order, valued at greater than C$12.5 million (approximately A$14 million) over an initial three-year term with extension options, provides for the delivery and operation of end-to-end managed contact centre services and is incremental to the original A$10 million Ontario CSE contract.

No other matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

Note 20. Earnings per share


Loss after income tax attributable to the shareholders of Dataworks Group Limited

Basic earnings per share
Diluted earnings per share

Weighted average number of ordinary shares used in calculating basic earnings per share

Weighted average number of ordinary shares used in calculating diluted earnings per share
Consolidated
31 December
2025
31 December
2024
$
$
(1,777,780)
(4,441,610)
Cents
Cents
(1.56)
(5.40)
(1.56)
(5.40)
Number
Number
102,636,941 81,741,642
102,636,94181,741,642
Cents
(1.56)
(1.56)
Number
102,636,941
102,636,941

19

Dataworks Group Limited Directors' declaration 31 December 2025

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In the directors' opinion:

  • the attached financial statements and notes comply with the Corporations Act 2001, Australian Accounting Standard AASB 134 'Interim Financial Reporting', the Corporations Regulations 2001 and other mandatory professional reporting requirements;

  • the attached financial statements and notes give a true and fair view of the consolidated entity's financial position as at 31 December 2025 and of its performance for the financial half-year ended on that date; and

  • there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.

Signed in accordance with a resolution of directors made pursuant to section 303(5)(a) of the Corporations Act 2001.

On behalf of the directors

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_________ Julian Babarczy Chairman

26 February 2026

20

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INDEPENDENT AUDITOR’S REVIEW REPORT TO THE MEMBERS OF DATAWORKS GROUP LIMITED

Conclusion

We have reviewed the accompanying half-year financial report of Dataworks Group Limited (“the Company”) and Controlled Entities (“the Consolidated Entity”) which comprises the condensed consolidated statement of financial position as at 31 December 2025, the condensed consolidated statement of profit or loss and other comprehensive income, condensed consolidated statement of changes in equity and condensed consolidated statement of cash flows for the half-year ended on that date, a summary of material accounting policies and other selected explanatory notes, and the directors’ declaration.

Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the half-year financial report of Dataworks Group Limited and Controlled Entities does not comply with the Corporations Act 2001 including:

  • a. Giving a true and fair view of the Dataworks Group Limited financial position as at 31 December 2025 and of its performance for the half-year ended on that date; and

  • b. Complying with Accounting Standard AASB 134: Interim Financial Reporting and Corporations Regulations 2001 .

Basis for Conclusion

We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s Responsibilities for the Review of the Financial Report section of our report. We are independent of the Company in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants that are relevant to our audit of the annual financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We confirm that the independence declaration required by the Corporations Act 2001 which has been given to the directors of the Company, would be in the same terms if given to the directors as at the time of this auditor’s review report.

Material Uncertainty Related to Going Concern

We draw attention to Note 1 in the financial report, which indicates that the Consolidated Entity incurred a net loss of $1,777,780 during the half year ended 31 December 2025. As stated in Note 1, these events or conditions, along with other matters as set forth in Note 1, indicate that a material uncertainty exists that may cast significant doubt on the Consolidated Entity’s ability to continue as a going concern. Our conclusion is not modified in respect of this matter.

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Responsibility of the Directors for the Financial Report

The directors of the Dataworks Group Limited are responsible for the preparation of the half-year financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such control as the directors determine is necessary to enable the preparation of the halfyear financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility for the Review of the Financial Report

Our responsibility is to express a conclusion on the half-year financial report based on our review. ASRE 2410 requires us to conclude whether we have become aware of any matter that makes us believe that the halfyear financial report is not in accordance with the Corporations Act 2001 including giving a true and fair view of the Consolidated Entity’s financial position as at 31 December 2025 and its performance for the half-year ended on that date, and complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001 .

A review of a half-year financial report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

HALL CHADWICK WA AUDIT PTY LTD

MARK DELAURENTIS CA Director

Dated this 26[th] day of February 2026 Perth, Western Australia