Highlights

  • Orcoda's Subsidiary has signed scope-increase addendums to its three-year Wagner Wellcamp agreement.
  • The arrangement allows Orcoda to mobilise up to 750 workers per day, with a goal of moving toward 1,000.
  • The Wellcamp contract generated about $2.35 million in Revenue in the September 2026 quarter.
  • Additional revenue from the increased scope was about $500,000 in September 2026.

Orcoda Limited (ASX:ODA) has announced that its subsidiary, Orcoda Resource Logistics Pty Ltd, has signed material scope-increase addendums to its three-year agreement with Wellcamp Accommodation Pty Ltd, an affiliate of Wagner Corporation. The agreement was first disclosed on 25 June 2026.

Increased Workforce Volumes

The current arrangement allows Orcoda to mobilise up to 750 workers per day at the Wellcamp facility. Orcoda and Wagner aim to lift utilisation toward the facility's capacity of 1,000 workers per day.

The Facility houses construction workers for large infrastructure projects in the greater Toowoomba area. The contract runs on Orcoda's patented Contractor360 platform, which connects site teams, contractors, subcontractors and suppliers.

Revenue Contribution

The Wellcamp contract generated about $1.15 million in July and August 2026 during the start-up phase, and about $1.2 million in September 2026 during the operational phase. This brings total revenue for the quarter ended 30 September 2026 to about $2.35 million.

The additional scope contributed about $500,000 in September 2026, although Orcoda noted this may rise or fall depending on billing days and project phase. The contract duration remains three years, with no conditions precedent.

Management Comment and Outlook

Chairman Brendan Mason said, "We are privileged to be working with Wagner," adding that the company is pleased with progress at Wellcamp and expects to build on the strong start.

Orcoda is an Australian technology company with more than 30 years of experience in transport logistics and workforce solutions. The company said it will provide further updates as material developments occur.

Key Takeaways

  • Orcoda has expanded the scope of its Wellcamp workforce management agreement.
  • Up to 750 workers per day can be mobilised, with a goal of reaching 1,000.
  • The contract generated about $2.35 million in the September 2026 quarter.
  • The added scope contributed about $500,000 in September 2026.