Key Highlights

  • FY26 software Revenue increased to AUD 8.9mn from AUD 7.2mn in FY25.
  • BetGuard entered live operation in Ontario during the June quarter.
  • Dataworks now operates government self-exclusion platforms in Australia and Canada.
  • Employee and other expenses declined as the group simplified its operating structure.

Dataworks Group (ASX:DWG) used FY26 to narrow its Business around regulated gaming technology and government self-exclusion programs. With BetStop operating in Australia and BetGuard moving into live operation in Ontario, the company ended the year with two government reference platforms while restructuring non-core activities and reducing parts of its cost base.

Two Government Platforms in Operation

BetStop continued to support the Australian Government’s National Self-Exclusion Register during FY26. In Ontario, Dataworks completed the development, testing and implementation of BetGuard, which entered live operation during the June quarter. The company also established a Toronto-based contact centre and commenced participant support services connected with the program.

Revenue Grows as the Business Narrows

Software revenue reached AUD 8.9mn in FY26, up from AUD 7.2mn in FY25. Australia contributed AUD 4.6mn and Canada AUD 4.4mn. Two clients generated AUD 4.46mn and AUD 4.36mn respectively, showing the importance of the company’s government programs to its revenue base. Deferred revenue of AUD 1.0mn at 30 June 2026 related to software licences and implementation services expected to be recognised within 12 months.

Restructure Targets a Leaner Cost Base

Dataworks exited, wound down or materially reduced non-core activities during the year to concentrate resources on regulated gaming technology. After software capitalisation, employee expenses fell to AUD 5.09mn from AUD 7.34mn, while other expenses declined to AUD 5.85mn from AUD 9.44mn. The group now operates through Australia and Canada while continuing to invest in its government programs.

Sector Context

Regulatory technology depends on secure infrastructure, reliable implementation and the ability to adapt platforms to different legal and operating environments. Dataworks used its Australian experience when configuring BetGuard for Ontario, where the regulatory framework, privacy environment and market structure differed from Australia. That adaptability is central to the company’s plan to pursue further regulated-market opportunities.

Risks to Watch

The company remains exposed to customer concentration, implementation timing and the need to fund ongoing product development. Further Investment is required before its proposed venue-based self-exclusion capability is ready for broader commercial deployment. Future opportunities also depend on customer demand, available capital and expected commercial returns.

What to Watch Next

Dataworks is progressing venue-based self-exclusion architecture while pursuing additional opportunities across regulated wagering markets. Future government procurement, product development and the performance of its existing platforms remain key areas to follow.