Enero Group posts net revenue of $160m while global operations prove a mixed bag

Calum Jaspan

August 18, 2021 10:14

Enero Group has released its financial results for the year ending 30 June 2021, reporting net revenue of $160.6 million, up 18.3% on last year.

The results see a continuation of Enero’s growth, which has risen five straight financial years. Brands in Enero’s portfolio include BMF, Hotwire and Orchard.

This year marked Enero’s first year under the stewardship of new CEO Brent Scrimshaw, who took up the role on 1 July 2020, with significant leadership changes also coming over the year.

The operating EBITDA was reported as $45.6 million, up 87.1% year-on-year, while it also posted a $22.8 million profit after tax attributable to equity holders.

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Calum Jaspan

Calum Jaspan was news editor at Mumbrella, based in Melbourne. He was also the producer and host of the Mumbrellacast. He left Mumbrella in May 2023.