Enprise Group reports 7% revenue increase

Enprise Group has reported a 7% year-on-year increase in revenue for the nine months to March 2024.

The company attributed the stronger-than-expected performance to significant sales of MYOB Advanced (Acumatica) and the continued strong performance of the MYOB Exo business.

Enprise Group said the increase in revenue validates its strategic direction following the resolution of the MYOB litigation.

It also highlighted the impact of good cost control, which helped reduce the year-to-date loss by an equivalent amount.

Looking ahead, the board expects the improved performance to continue, noting that the June quarter is historically the strongest for its subsidiary, Kilimanjaro Consulting.

Kilimanjaro's recognition as MYOB's Partner of the Year was seen as an indicator of the sales growth and customer service provided.