Enero Group grows revenue by 42% in just over 24 months

Enero Group Limited is set to reach 20% year-on-year growth, according to its latest trading update provided to the Australian Stock Exchange, and grew its revenue by 42% in just over 24 months.

The update follows the group’s FY22 H1 update, which saw Enero Group report a net revenue growth of 15.1% in the six months to 31 December.

The trading update for the full year to June 2022 outlines Enero’s momentum, as the company expects to deliver a net revenue of between $192-$193 million, equating to 20% year-on-year growth.

In addition, Enero is predicted to post an underlying Operating EBITDA of between $61 and $62 million, representing a 34% to 36% year-on-year growth.

Enero CEO, Brent Scrimshaw, said: “Enero’s strong earnings momentum reflects the success of our operating framework and the execution of our growth vision for the Company. The acceleration in FY22 H2 growth has been delivered across the portfolio of businesses, with particular strength in the US market.

“These financial results are a testament to Enero’s operating framework, strong enduring client relationships, and focus on innovating within our priority verticals of technology, healthcare, and consumer.”


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