30 June 2022 Annual Report

Kilimanjaro Consulting achieved 16% revenue growth for the financial year, despite facing challenges from MYOB's entry into their market.

Recurring and contracted revenue grew by 20.5%, and the team has now grown to over 120 people.

Management is implementing plans to restore margins, including a strategic review of operations and suppliers.

Additionally, they are responding to the rapid change in demand for skilled resources by retaining and further growing their exceptional skills.

A restructuring of the support teams and a focus on their #ClientFirst initiative has seen customer satisfaction ratings improve significantly.

Kilimanjaro's associate, Datagate Innovation Ltd, grew its annual recurring revenue to over $2.4 million, an increase of 49%.

Enprise Group's associate Vadacom Holdings Ltd also achieved an ARR and contracted revenue of $2.56 million for the year ended 31 March 2022.