ENERO GROUP LIMITED — Earnings Release 2023

Aug 17, 2023

ASX Appendix 4E

Results for announcement to the market

Enero Group Limited (the “Company”) and its controlled entities (the “Group”) results for announcement to the market are detailed below.

The current reporting period is 1 July 2022 to 30 June 2023.

The previous corresponding reporting period is 1 July 2021 to 30 June 2022.

Key information In thousands of AUD

Key informationIn thousands of AUD
	30 June 2023	30 June 2022	%	Change	Amount
					Change
Gross revenues from ordinary activities	740,207	522,124		41.8%	218,083
Profit after tax before significant items
attributable to members	24,402	27,112		(10.0%)	(2,710)
Profit after tax attributable to members	56,474	25,387		122.5%	31,087
Profit for the period attributable to members	56,474	25,387		122.5%	31,087
Dividends	Amount per security	Total amount		Date	of payment
		AUD’000
Fully franked:
2022 final dividend	6.5 cents		6,027	4 October 2022
2023 interim dividend	6.5 cents		6,027	15	March 2023
2023 final dividend	4.5 cents		4,149	3 October 2023

At the date of this report, there are no dividend reinvestment plans in operation.

Additional information

Additional information
	Current period	Previous
		corresponding
		period
Net tangible asset backing per ordinary share	(0.05)	0.46
Earnings per share
	30 June 2023	30 June 2022
Basic earnings per share before significant items (AUD cents)	26.4	30.9
Basic earnings per share (AUD cents)	61.1	28.9
Diluted earnings per share (AUD cents)	60.7	28.2

Explanation of results

Additional information supporting the Appendix 4E disclosure requirements can be found in the Annual Report for the financial year ended 30 June 2023, which includes the Directors’ Report and the financial statements and accompanying notes.

On 1 July 2022, the Group acquired 100% of the issued capital of ROI DNA Inc. (“ROI DNA”), a USA based strategic B2B sales and marketing agency and 100% of the issued capital of GetIT Pte Ltd (“GetIT”), a Singapore based specialist B2B technology marketing agency with presence in India, Malaysia and Japan. The acquisition of both ROI DNA and GetIT and introduction of revenue services to complement the reputation and relationship services will enable the Group to strategically reposition the Hotwire agency and provide a unique marketplace offering. The acquisitions will also expand the Group’s footprint into Asia Pacific and provide further opportunities to support global technology clients.