Creative technology company Enero lifted net revenue 20% to $193.4 million in the year to June, with an outlook for continued growth.
Profit was up almost 19% to $27.1 million. The company declared a final dividend of 6.5 cents per share, fully franked, up 48% on 2021’s final payout.
A short time ago, Enero's share price was more than 7% higher at $3.31.
Enero includes creative agency BMF, PR and integrated communications agencies Hotwire and CPR, digital and experiential agency Orchard and adtech platform OB Media.
CEO Brent Scrimshaw said: “Having positioned our business to be focused on high-growth brand transformation, creative technology, and data verticals, we are well positioned to utilise our specialist groups of agencies to sustainably grow in FY23 and beyond.
“The additional capabilities that Enero now has provide us with the opportunity to grow in markets of scale such as the USA, which has strong long-term growth dynamics.
"Through deep vertical expertise and integrated client support, we are confident that we can deliver ongoing growth as we leverage existing growth in programmatic digital media, marketing automation and data analytics services.”
Scrimshaw says Enero’s revenue base is now highly diversified across segments, industries, and clients.
“In today’s dynamic global marketplace, brands need to rapidly evolve and embrace digital transformation to ensure business success, continuity, and leadership," he says.
"ur existing business, combined with the recent acquisitions of ROI DNA and GetIT by the Hotwire group, positions us well to accelerate digital agendas and transformations for clients and brands.
"The addition of ROI DNA and GetIT further strengthens Hotwire’s reputation and relationship credentials while adding revenue services for both global and high growth technology and innovation companies. Both ROI DNA and GetIT expand our performance marketing capabilities across the UK, Europe, North America, and for the first time into Asia with Hotwire owned offices.”
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