Enprise Group has reported a return to profitability in the 2024 financial year.
The company's revenue increased by 14% to $24.97 million, compared to $21.87m in the previous year.
Operating profit improved to $57,000, up from a loss of $298,000, while net profit after tax was $98,000, compared to a loss of $46,000.
Kilimanjaro Consulting was the largest contributor, generating $23.25m in revenue, although its operating profit decreased to $679,000.
iSell, on the other hand, achieved revenue growth of $1.68m and an operating profit of $264,000.
Datagate Innovation also reported revenue growth, reaching $5m.
Enprise Group's total assets increased to $15.3m, and it ended the year with $1.9m in cash and cash equivalents.
The company remains cautiously optimistic about its outlook, with forecasts for continued revenue growth and positive operating cash flows in the 2026 and 2027 financial years.
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