Menu
Enprise reports revenue up 10%, targets new markets

Enprise reports revenue up 10%, targets new markets

New products, markets and an acquisition drive activity at Enprise Group.

Elliot Cooper - CEO, Enprise Group

Elliot Cooper - CEO, Enprise Group

New Zealand Stock Exchange Alternative Market (NZAX) listed Enprise Group has reported growth in its half year to September 30, with total revenue up 10.4 per cent to $4.7 million.

Australian revenue grew 17 per cent to shade $1 million and New Zealand revenue grew 9 per cent to $3.7 million, with net profit for the period rising 22 per cent to $393,000.

Enprise has three operating divisions: Enprise Solutions and joint ventures Datagate Innovation (39.2 per cent share) and Kilimanjaro Consulting (47 per cent).

Specifically, the business provides MYOB's EXO and MYOB Advanced software platforms and a range of companion products to extend those platforms, supporting around 750 MYOB EXO and MYOB Advanced customers across Australia and New Zealand.

Datagate Innovation provides online billing and reporting solutions for businesses such as telcos, utilities, retailers and managed service providers that bill according to subscription or usage.

Meanwhile, Kilimanjaro Consulting is Australia’s largest implementer of MYOB’s enterprise-level business management solutions. 

“In this period we grew revenue on both sides of the Tasman, completed a highly strategic acquisition and paid a shareholder dividend,” Enprise Group CEO Elliot Cooper said.

"The profit rise is the result of continued growth in the Australian and New Zealand markets combined with careful management of cost of sale."

The half-year also saw completion of the acquisition of 47 per cent of Kilimanjaro Consulting.

"Synergies between our Enprise Solutions business unit and Kilimanjaro will further boost growth and reduce cost of sale in Australia,” Cooper said.

Kilimanjaro customers now have access to ‘Enprise Cloud Path’, a service that ensures businesses chart the smartest path to the cloud, he said. The two companies are also working together to accelerate sales of the new cloud product MYOB Advanced as well as delivery of MYOB Exo via the cloud.

"Datagate Innovation has proven its cloud-based billing engine in the New Zealand market with customers like Spark Wholesale and Dimension Data," Cooper added.

"Last month it closed a successful rights issue, raising $683,710 of new capital in a move that will enable rapid expansion to capitalise on early success in the North American market."

Datagate recently formalised an agreement for representation in the North American market as Datagate America, and signed its first American customers.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags MYOBMYOB EXOEnprise GroupKilimanjaro ConsultingEnpriseDatagate Innovation

Featured

Slideshows

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Reseller News has honoured the leading female front runners of the New Zealand ICT industry at the 2019 Women in ICT Awards (WIICTA) in Auckland. The awards recognised standout individuals across six categories, spanning Entrepreneur, Rising Star, Shining Star, Community, Technical and Achievement. Photos by Gino Demeer.

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA
Reseller News kicks off awards season in 2019 with Judges' Lunch

Reseller News kicks off awards season in 2019 with Judges' Lunch

The 2019 Reseller News Innovation Awards has kicked off with the Judges Lunch in Auckland with 70 judges in the voting panel. The awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors. Photos by Christine Wong.

Reseller News kicks off awards season in 2019 with Judges' Lunch
Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Show Comments