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ENS · NZX

Enprise Group (ENS)

Technology / Software•Covered: FY22 - FY25•3 published briefings

Enprise Group is an NZX-listed technology / software company with FY22 - FY25 of published result briefings.

Latest briefing

FY25 · Released 29 August 2025

Kilimanjaro operating profit fell 57% despite 13.6% revenue growth

Revenue scale is expanding but cost pressure at the dominant segment is eroding operating leverage, leaving the group loss-making at the PBT line.

Market data

As at close
Close price
NZD 0.45
Market cap
$9.9m
Dividend yield
0%

as at close, 22 June 2026. Source: yfinance.

Sections⌄
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights

Snapshot

Latest metrics

FY25, released 29 August 2025

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ENS latest metrics
MetricValueChange
Revenue$24.8m↑ +32.5%
Operating profit-$0.09m↑ +95.2%
NPAT-$0.1m↑ +94.4%
Operating cash flow$0.68m↑ +567.1%
OCF / Operating profit %-802.4%↓ -810.6pp
Net debt-$0.5m↓ -36.4%
Net debt / Operating profit5.82x↑ +2810.0%
ROE %-3.3%↑ +12.9pp
PBT-$0.3m↑ +87.5%
FCF pre-lease$0.29m↑ +189.9%

Source: latest published briefing (FY25, released 29 August 2025). Change compares against the prior equivalent period: FY22, released 29 August 2022.

Valuation

Valuation

A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.

Prices as at close, 22 June 2026

Price and market cap

The latest close and share count context for the market price.

Market cap

$9.9m

i

End-of-day close multiplied by current shares on issue.

Profitability multiples

How the market price compares with recent earnings and cash-flow inputs.

P/E

Not available

i

Not meaningful when recent earnings are negative.

EPS

-0.00

i

Recent filing-derived earnings per share.

PEG

Not available

i

Not available for this company right now.

EV/EBITDA

Not available

i

Not meaningful when recent EBITDA is negative.

P/FCF

33.76x

i

Market cap compared with recent free cash flow.

P/B

3.25x

i

Market value compared with latest reported equity.

Income and fund shape

Yield and fund-style valuation where the company shape supports it.

Dividend yield

0.0%

i

Trailing dividends compared with the latest close.

Total return

Not available

i

Available once dividend and adjustment data are verified.

Chat

Ask about ENS

Ask follow-up questions about Enprise Group's latest result and company history.

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Ask about ENS

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Sign in to chat

Sign in to ask company questions.

What changed in the latest result?What is unusual in the historical context?How has cash conversion changed over time?Compare this company with CNU.

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Longitudinal view

Performance over time

The latest period is shown first.

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ENS metric history
MetricFY2512 MONTHS29 August 2025HY256 MONTHS27 February 2025FY2212 MONTHS29 August 2022Trend
Revenue$24.8m$12.5m$18.7m
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Revenue growth %13.6%21.2%16.3%
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Operating profit-$0.09m$0.12m-$1.8m
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Operating profit margin %-0.3%1.0%-9.5%
Chart
PBT-$0.3m$0.1m-$2.4m
Chart
NPAT-$0.1m$0.2m-$1.8m
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Operating cash flow$0.68m$0.25m-$0.15m
Chart
OCF / Operating profit %-802.4%202.4%8.2%
Chart
FCF pre-lease$0.29m-$0.02m-$0.33m
Chart
FCF post-lease—-$0.02m—
—
ROE %-3.3%8.3%-16.2%
Chart
Net debt-$0.5m-$0.38m-$0.36m
Chart
Net debt / Operating profit5.82x-3.06x0.2x
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Debtor days464762
Chart
Total assets$14.7m$14.5m$21.9m
Chart

Reference: annolyse.ai/companies/ens

Note: Figures are shown as reported. Half-year and full-year absolute values are not directly comparable. Growth rates and ratios are the meaningful comparison across mixed periods.

Filing-only history charts

These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.

Revenue

Reported revenue across covered periods.

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Revenue growth

Like-period revenue growth where comparable.

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EBITDA-equivalent

Company-specific earnings measure where disclosed.

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EBITDA margin

EBITDA-equivalent margin where revenue and earnings are source-backed.

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NPAT

Statutory profit after tax.

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Operating cash flow

Cash generated from operations.

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Full chartable metric set

Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.

OCF / EBITDA

Cash conversion against earnings.

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FCF pre-lease

Operating cash flow less capex before leases.

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FCF post-lease

Free cash flow after lease payments where available.

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ROE

Return on equity.

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Net debt

Borrowings less cash; negative values indicate net cash.

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Net debt / EBITDA

Leverage ratio, suppressed where earnings are not meaningful.

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Debtor days

Receivables days where the working-capital inputs are source-backed.

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Operating working-capital movement

Per-period working-capital absorption or release, from the same published history. Positive values are working-capital build; negative values are release.

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The setup & the reality

HY25 → FY25 Follow-through

The latest result is checked against what the prior briefing said to watch.

Current result now available

FY25 · Released 29 August 2025

Kilimanjaro operating profit fell 57% despite 13.6% revenue growth

Revenue scale is expanding but cost pressure at the dominant segment is eroding operating leverage, leaving the group loss-making at the PBT line.

Read latest briefing→

Historical setup

What HY25 said to watch

From Enprise swings to profit on 21.2% revenue growth but FCF turns negative

No formal financial targets have been disclosed, so there is no quantitative benchmark to judge against. Management states the group is currently trading ahead of budget with continued profitability and revenue growth forecast. The FY24 full-year shape provides useful context: HY24 contributed only 47.2% of full-year revenue and the second half generated approximately two-thirds of annual operating cash flow, suggesting the business is structurally second-half weighted. On an annualised basis, HY25 revenue of NZD 12.5m implies a run-rate of approximately NZD 25.0m against FY24's NZD 21.9m.

The key test for the second half is whether the working-capital build reverses into cash and whether the operating leverage achieved at Kilimanjaro is sustained, given the prior year's second half delivered NZD 0.8m of NPAT after a NZD 0.8m first-half loss.

Open questions

Open questions from HY25

  • What proportion of the 21.2% revenue growth was organic versus contributed by the Recipe Marketing acquisition, and what revenue run-rate has Recipe Marketing reached?
  • Why did trade debtors grow 25.2% — faster than revenue — and does this reflect timing of invoicing, slower collections, or new customer payment terms?
  • What drove the negative effective tax rate of -12.4% and is it expected to normalise in the second half, which would affect NPAT comparisons going forward?
  • Will corporate costs (NZD 0.4m operating loss in HY25) continue to decline, or does the acquisition integration introduce additional overhead?
  • Is the NZD 0.3m capex step-up a one-off or an indication of a higher ongoing investment run-rate?

This briefing cannot assess the organic revenue growth rate, the durability of the tax benefit, or the timeline for Recipe Marketing synergies to materialise without further disclosure from management.

Archive

Briefing archive

Every published Annolyse briefing for this company appears here in reverse chronological order.

FY25 · Released 29 August 2025

Kilimanjaro operating profit fell 57% despite 13.6% revenue growth

Revenue scale is expanding but cost pressure at the dominant segment is eroding operating leverage, leaving the group loss-making at the PBT line.

Read briefing→

HY25 · Released 27 February 2025

Enprise swings to profit on 21.2% revenue growth but FCF turns negative

Operating cash flow fell 57.6% to NZD 0.3m despite the earnings recovery, with capex rising sharply and working capital building, leaving free cash

Read briefing→

FY22 · Released 29 August 2022

Revenue grew 16.3% but FY22 swung to a $2.4m PBT loss on Australia drag

Australia booked a $1.7m segment loss and operating cash flow turned negative, with cash on hand down 57% as Kilimanjaro integration weighed

Read briefing→

Related insights

Compare this company

The latest ENS metrics also appear in these cross-company views.

Insight

Earnings quality and statutory distortions

This result includes a statutory earnings-quality distortion flag.

Open insight→

Insight

Revenue growth context

Revenue growth was 13.6% for this reporting period.

Open insight→

Insight

ROE and capital efficiency

ROE was -3.3%, -3.1pp versus the prior comparable period.

Open insight→

Insight

Working-capital pressure

Debtor days were 46 days for this result.

Open insight→

Get notified when ENS publishes

Get the next Enprise Group result briefing and five-year history updates by email.