Enprise Group Limited Analysis

Overview

Enprise Group (ENS) is an investment vehicle for high-growth tech companies that complement its core ERP capability.

Enprise Group is invested in five businesses – the wholly owned companies Enprise Solutions and Kilimanjaro Consulting, subsidiary iSell, joint venture Datagate Innovation, and a holding in Vadacom.

Enprise Solutions. Enprise Solutions is a cloud business software company that is New Zealand’s number one provider of solutions based on the MYOB Advanced and MYOB Exo software platforms. MORE ABOUT ENPRISE SOLUTIONS

Kilimanjaro Consulting. Kilimanjaro Consulting is Australia’s number one implementer of MYOB’s enterprise-level business management solutions. MORE ABOUT KILIMANJARO CONSULTING

iSell. iSell is a primary provider of business systems to the IT Reseller market. iSell databases contain over 4.5 million products representing more than 2000 vendors available from 100+ distributors. MORE ABOUT iSELL

Datagate Innovation. Datagate Innovation provides SaaS Telecom Billing for IT Managed Service Providers. Datagate enables MSPs to automate the rating and billing of all telecommunications services. MORE ABOUT DATAGATE INNOVATION

Vadacom Limited. Vadacom specialises in phone system software development and unified communications solutions for Australian and New Zealand businesses. MORE ABOUT VADACOM

Enprise Group strategy: A platform for profitable growth

The business strategy behind the Enprise Group's listing on the NZX is to create a platform for profitable growth through acquisitions as well as organic growth in existing business divisions.

Major areas of focus are on providing business solutions via the cloud; extending Enprise Solutions' and Kilimanjaro Consulting's network of branches across Australia and New Zealand; building a strong CRM practice based on Microsoft and MYOB offerings; and providing customised online reporting and billing portals for telecom, utility companies and hosted service providers.

Enprise Group's strategy for its investments is to unlock mutual synergies to accelerate growth for all. Vadacom and Enprise Solutions share a significant number of customers and have a similar target market. Datagate and iSell both target the same Managed Service Provider market and can link their sales and marketing functions to give each other sales introductions. The Kilimanjaro acquisition better utilises the cloud skills and infrastructure resources already deployed by Enprise Solutions.

These interlocking characteristics are a hallmark of Enprise Group’s wider growth strategy.

Performance

The following information was extracted from Enprise Group Limited's annual report, released 1 October 2025:

Performance Overview

During the financial year ended 30 June 2025, Enprise Group Limited recorded revenue of $24.83 million, representing a 14% increase from the prior year ($21.87 million). The Group reported an operating loss of $85,000, a notable improvement from the prior year’s loss of $298,000. The net loss after tax was $44,000, compared with a loss of $46,000 in FY24.

It should be noted that this result differs from the preliminary results posted on 29 August which reported an operating profit of $57,000 and net profit after tax of $98,000.

This result, however, reflects improved trading performance in both Kilimanjaro Consulting and iSell, alongside disciplined cost management. Our associate, Datagate Innovation, continued to demonstrate growth in the SaaS telecom billing sector.

Financial Position

Total assets increased to $14.7 million (FY24: $14.6 million), with net assets of $3.1 million. Cash and cash equivalents were $1.9 million, supported by disciplined cost management and debt repayments. While net current liabilities remain at $2.8 million, the Group has continued to reduce borrowings and lease liabilities.