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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.
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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
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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 |
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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