Enprise Group (NZX:ENS) unlocking mutual synergies within its businesses for growth

February 11, 2022 01:16 PM AEDT | By Mohammad Zaid

Enprise Group (NZX:ENS) unlocking mutual synergies within its businesses for growth — Image source: © 123elis | Megapixl.com

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Highlights

Enprise Group is a high-tech software and services investment company on a growth path backed by its investee businesses.

ENS has been reporting notable operational progress across its investee businesses.

ENS looks to capitalise on the mutual synergies of its businesses in order to accelerate expansion.

Enprise Group Limited (NZX:ENS) has been reporting good numbers despite COVID-19 induced market uncertainty and volatility.

On the contrary, the uncertainties have provided growth opportunities for many, including ENS. The software and services investment company has developed measures to mitigate any additional impacts from COVID-19 and solidify its overall growth strategy.

Moving from strength to strength

ENS is growing from strength to strength amid opportunities for global expansion. The numbers are also indicative of the Company’s ability to tackle the impacts of COVID-19 and pursue a growth strategy.

As reported previously, the Company recorded 10% growth in its overall revenue for four months to 31 October 2021 as compared to pcp. Besides this, the Company has also been consistent with the operational progress across various business divisions.

Growth charts and trends

Source: © Pikaczy | Megapixl.com

Recent key operational highlights across divisions include the following:

Enprise Division: Completed execution of “One Company, One Team, One Brand” as Kilimanjaro Consulting for delivering cost savings and efficiency enhancements.
iSell: Developing the features necessary for a successful expansion into North America.

Datagate: Finalised Autotask and Quickbooks integrations and new sales team branches in London and Florida.
Vadacom: Showing continued performance with good year to date (till 31 October 2021) progress.

Unlocking synergies

ENS has been reporting notable progress across all its investee. The Company’s investments offer high growth and profits through acquisitions along with organic growth.

Synergies across businesses

Source: © Alexandersikov | Megapixl.com

The Company is backed by a leadership team that has a proven track record of developing valuable software and information technology businesses across NZ. The team has gathered more than NZ$50 million in successful venture capital deals.

ENS strategises to unlock mutual synergies across these businesses to accelerate growth for all while leveraging cloud skills and infrastructure resources across the Australian and NZ markets.

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