Creative technology company Enero Group posted lifted net revenue 15.1% to $93.2 million for the six months to December.
Net profit after tax was $13.7 million, up 3.3% compared to the same half year in 2020.
Operating EBITDA (earnings before interest, taxes, depreciation, and amortisation) was up 23.3% to $29.9 million. Adjusting for the JobKeeper subsidy, underlying Operating EBITDA grew 29%.
The company declared a fully franked divdend of 6 cents a share.
Enerto says the March quarter has started off with strong growth in the US and a solid performance in Australia and UK/Europe.
However, there remains ongoing uncertainty around COVID conditions globally with industry-wide challenges around hiring which may lead to wage cost pressure.
CEO Brent Scrimshaw: “Enero Group continues to deliver a consistent and impressive growth story, building on FY21’s strong base and benefiting from the establishment of our new operating framework and significant progress in new client wins around the world.
“Enero Group has accelerated its reputation for industry innovation and creating a progressive home for world class talent with the acquisition of a number of key hires in the USA at OB Media, and in Australia at Hotwire, Orchard and BMF.
"We have a full pipeline of M&A activities, and this important priority is supported by a flexible balance sheet with net cash of $47 million, adjusted for contingent consideration."
December half year numbers:
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