Enero Group reports a 35.5% revenue growth for Q1 FY23

Enero Group has reported its Q1 trading update to the ASX for the three months ended 30 September 2022, headlining a continuation of its sustainable revenue and EBITDA growth with a quarter-on-quarter revenue increase of 35.5% and operating EBITDA rising 30% year-on-year.

Announced at the Group’s Annual General Meeting, the financial results were driven predominately by a strong performance from its Creative Technology segment, which includes digital creative agency Orchard and adtech platform OB Media. The Group also benefited from the recent acquisitions of performance marketing and digital agencies ROI DNA and GetIT, seeing 19.1% revenue growth on a like-for-like basis.

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