Annual financial statement
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Enprise Group Limited Unaudited Results Announcement for the year ended 30 June 2026
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Enprise Group Limited Unaudited Consolidated Statement of Comprehensive Income for the year ended 30 June 2026 2026 2025 $'000 $'000 Revenue from contracts with customers 26,289 24,831 Other operating income 34 79 Employee expense (21,252) (18,644) Other operating costs (6,450) (6,270) Other gains/(losses) - net 281 (81) Operating profit/(loss) (1,098) (85) Equity earnings/(losses) from associates and joint ventures (21) (75) Other gains/(losses) related to associates and joint ventures 8 163 Impairment of intangible assets (1,077) - Finance cost - net (253) (273) Profit/(loss) before income tax (2,441) (270) Income tax benefit 249 141 Profit/(loss) for the period (2,192) (129) Other Comprehensive Income Items that may be reclassified to profit or loss Foreign currency translation differences (175) 8 Items that will not be reclassified to profit or loss Changes in the fair value of investments through other comprehensive income - (117) Total other comprehensive income/(loss) for the period, net of tax (175) (109) Total comprehensive income/(loss) for the period (2,367) (238) Profit/(loss) for the period is attributable to: Non-Controlling Interest (160) (28) Owners of Enprise Group Limited (2,032) (101) (2,192) (129) Total comprehensive income/(loss) for the period is attributable to Non-Controlling Interest (160) (28) Owners of Enprise Group Limited (2,207) (210) (2,367) (238) Earnings per share from profit/(loss) for the period attributable to ordinary shareholders of the Enprise Group Limited Basic and diluted earnings/(loss) per share (cents per share) (9.67) (0.50) 2
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Enprise Group Limited Unaudited Consolidated Statement of Financial Position as at 30 June 2026 2026 2025 $'000 $'000 Current assets Cash and cash equivalents 1,453 1,588 Trade and other receivables 4,354 3,902 Contract assets 948 672 Current tax assets 8 - Staff receivables 22 23 Total current assets 6,785 6,185 Non-current assets Investments in associates, joint ventures 876 889 Investments in other entities 335 335 Staff receivables - non current 29 26 Property plant and equipment 608 604 Intangible assets 2,851 3,339 Right-of-use assets - non-current 1,488 1,753 Deferred tax asset 1,456 1,160 Other non-current assets 413 369 Total non-current assets 8,056 8,475 Total assets 14,841 14,660 Current liabilities Trade and other payables 4,307 3,553 Provisions 2,832 2,274 Contract liabilities 2,810 1,968 Current tax liabilities - 62 Borrowings 950 1,093 Lease liabilities 495 477 Total current liabilities 11,394 9,427 Non-current liabilities Provisions - non-current 368 417 Lease liabilities - non-current 1,519 1,761 Total non-current liabilities 1,887 2,178 Total liabilities 13,281 11,605 Net assets 1,560 3,055 Equity Share capital 14,259 13,387 Foreign exchange translation reserve 209 384 Financial assets at FVOCI reserve 236 236 Retained earnings / (accumulated losses) (12,762) (10,730) Equity attributable to the owners of Enprise Group Limited 1,942 3,277 Non-controlling interests (382) (222) Total equity 1,560 3,055 - - Total assets per share ($ per share) 0.67 0.73 Net tangible assets per share ($ per share) (0.10) (0.06) 3
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Enprise Group Limited Unaudited Consolidated Statement of Changes in Equity for the year ended 30 June 2026 Share capital Foreign exchange translation reserve Financial assets at FVOCI reserve Non- controlling interests Total equity $'000 $'000 $'000 $'000 $'000 $'000 Balance at 1 July 2024 13,392 376 353 (10,701) (316) 3,104 Transactions with shareholders in their capacity as owners New shares issued - - - - - - Shares held as treasury stock (5) - - - - (5) Transactions with non-controlling interests - - - 72 122 194 Total transactions with shareholders (5) - - 72 122 189 Comprehensive income Profit/(loss) for the period - - - (101) (28) (129) Other comprehensive income - 8 (117) - - (109) Total comprehensive income net of tax - 8 (117) (101) (28) (238) Balance at 30 June 2025 13,387 384 236 (10,730) (222) 3,055 Share capital Foreign exchange translation reserve Financial assets at FVOCI reserve Non- controlling interests Total equity $'000 $'000 $'000 $'000 $'000 $'000 Balance at 1 July 2025 13,387 384 236 (10,730) (222) 3,055 Transactions with shareholders in their capacity as owners New shares issued 878 - - - - 878 Shares held as treasury stock (6) - - - - (6) Transactions with non-controlling interests - - - - - - Total transactions with shareholders 872 - - - - 872 Comprehensive income Loss for the period - - - (2,032) (160) (2,192) Other comprehensive income/(loss) - (175) - - - (175) Total comprehensive income/(loss) net of tax - (175) - (2,032) (160) (2,367) Balance at 30 June 2026 14,259 209 236 (12,762) (382) 1,560 Retained earnings / (accumulated losses) Retained earnings / (accumulated losses) 4
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Enprise Group Limited Unaudited Consolidated Statement of Cash Flows for the year ended 30 June 2026 Note 2026 2025 $'000 $'000 Operating activities Cash was provided from: Receipts from customers 30,524 27,421 Interest received 11 13 Dividend received 34 33 Income tax refund received - 1 30,569 27,468 Cash was applied to: Payments to suppliers & employees 29,792 26,500 Interest paid 260 286 Income tax paid 5 - 30,057 26,786 Net cash inflow from operating activities 5 512 682 Investing activities Cash was provided from: Loans repaid by staff 2 5 Loans repaid by related parties - - 2 5 Cash was applied to: Purchase of property, plant and equipment 138 388 Software development costs 564 436 Investment in equity accounted investment - 100 Investment in subsidary net of cash acquired - 211 702 1,135 Net cash outflow from investing activities (700) (1,130) Financing activities Cash was provided from: Proceeds from issue of shares 906 - Proceeds from bank borrowings - 200 Proceeds from landlord - 206 906 406 Cash was applied to: Repayment of lease liabilities 518 409 Repayment of bank borrowings 442 407 Treasury stock 6 5 966 821 Net cash inflow/(outflow) from financing activities (60) (415) Net increase/(decrease) in cash and cash equivalents held (248) (863) Net foreign exchange differences (186) 63 Cash and cash equivalents at beginning of the period 937 1,737 Cash and cash equivalents at end of the period 6 503 937 5
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Enprise Group Limited Notes to Accompany the Unaudited Results Announcement for the year ended 30 June 2026 1 CHANGES IN ACCOUNTING POLICIES (a) Changes in accounting policies 2 SEGMENT INFORMATION (a) Operational performance - business segments Revenue Operating profit 2026 2025 2026 2025 $'000 $'000 $'000 $'000 Kilimanjaro 24,524 23,111 (653) 537 iSell 1,727 1,684 111 264 Corporate 38 36 (556) (886) - - 26,289 24,831 (1,098) (85) Equity earnings of associates and joint ventures (13) 88 Impairment of intangible assets (1,077) - Net interest expense (253) (273) - - Profit/(loss) before taxation (2,441) (270) - - Income Tax 249 141 - - Net profit/(loss) attributable to shareholders (2,192) (129) (b) Operational performance - Geographic segments Revenue 2026 2025 $'000 $'000 New Zealand 7,337 7,069 Australia 18,735 17,549 EMEA* 178 177 North America 39 36 Asia - - - - 26,289 24,831 There have been no changes in accounting policies, all policies have been applied consistently over the current year. Please refer to the accounting policies contained within the audited financial statements for the year ended 30 June 2025. The Group is organised into two reportable operating segments based on the business segments. These segments form the basis of internal reporting used by management and the Board of Directors to monitor and assess performance and assist with strategic decisions. The Board of Directors is the Group's chief operating decision maker (CODM). Management has determined the operating segments based on the information reviewed by the Board of Directors and the Chief Executive Officer for the purposes of allocating resources and assessing performance. 6
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Enprise Group Limited Notes to Accompany the Unaudited Results Announcement for the year ended 30 June 2026 2 SEGMENT INFORMATION (CONTINUED) (c) Interest, deprecation and amortisation Depreciation and amortisation expense Depreciation and Interest revenue Interest expense amortisation expense 2026 2025 2026 2025 2026 2025 $'000 $'000 $'000 $'000 $'000 $'000 New Zealand 2 2 119 138 281 302 Australia 11 13 147 150 561 706 13 15 266 288 842 1,008 - (d) Balance sheet information Non-current assets other than Non Current Asset financing and deferred tax Total assets Total liabilities 2026 2025 2026 2025 2026 2025 $'000 $'000 $'000 $'000 $'000 $'000 Kilimanjaro 3,745 4,126 12,880 11,435 19,016 12,336 iSell 1,201 1,571 1,465 1,795 2,352 1,497 Corporate 1,212 1,224 9,018 5,053 435 1,395 6,158 6,921 23,363 18,283 21,803 15,228 Inter-segment elimination - - (8,522) (3,623) (8,522) (3,623) - 6,158 6,921 14,841 14,660 13,281 11,605 - New Zealand 3,190 3,430 12,224 7,420 4,207 3,701 Australia 2,968 3,491 9,167 9,163 15,624 9,827 6,158 6,921 21,391 16,583 19,831 13,528 Inter-segment elimination - - (6,550) (1,923) (6,550) (1,923) - - 6,158 6,921 14,841 14,660 13,281 11,605 - - - - - - - - 3 REVENUE (a) Revenue streams 2026 2025 $'000 $'000 - - Revenue from Enterprise software and licences 7,339 6,581 - - Revenue from services and support 15,530 14,589 - - Revenue from iSell 1,727 1,684 Revenue from hosting services 1,693 1,974 - - Revenue from other fees - 3 - - 26,289 24,831 Software and licencesServices and supportITQuoter RevenueExoHosted other fees 7
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Enprise Group Limited Notes to Accompany the Unaudited Results Announcement for the year ended 30 June 2026 3 REVENUE (CONTINUED) (b) Revenue by geographical location 2026 $'000 $'000 $'000 $'000 $'000 $'000 - New Zealand 2,234 4,351 347 405 - 7,337 Australia 5,105 11,179 1,163 1,288 - 18,735 EMEA* - - 178 - - 178 North America - - 39 - - 39 - - 7,339 15,530 1,727 1,693 - 26,289 * Europe, Middle East and Africa 2025 $'000 $'000 $'000 $'000 $'000 $'000 - New Zealand 2,103 3,991 351 623 1 7,069 - Australia 4,478 10,598 1,120 1,351 2 17,549 - EMEA* - - 177 - - 177 - North America - - 36 - - 36 - - 6,581 14,589 1,684 1,974 3 24,831 (b) Revenue by operating segment 2026 2025 $'000 $'000 Recurring revenue from enterprise software licences 6,254 5,541 Contracted revenue from hosting and support agreements 5,149 5,075 Revenue from other services 13,121 12,495 24,524 23,111 - - 2026 2025 $'000 $'000 Recurring revenue from iSell software licences 1,536 1,197 Revenue from other services 191 487 1,727 1,684 - - 2026 2025 $'000 $'000 Revenue from services 38 36 38 36 Hosting services Kilimanjaro revenue Services and support Total Services and support Corporate revenue Hosting services Software and licences iSell revenue Other fees iSell revenue Total Software and licences iSell revenue Other fees 8
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Enprise Group Limited Notes to Accompany the Unaudited Results Announcement for the year ended 30 June 2026 4 EQUITY (a) Share capital Number of authorised shares Share capital Contributed equity - ordinary shares 2026 2025 2026 2025 shares shares $'000 $'000 Opening ordinary shares 20,062,048 20,068,057 13,387 13,392 Rights issue 2,004,505 - 878 Treasury Stock (10,000) (6,009) (6) (5) Staff share issue - - - - - - 22,056,553 20,062,048 14,259 13,387 (b) Dividends 2026 2025 2026 2025 cents per share cents per share $'000 $'000 Final dividend for the period ended 30 June 2023 - - - Interim dividend for the period ended 30 June 2024 - - - - Final dividend for the period ended 30 June 2024 - - - - Interim dividend for the period ended 30 June 2025 - - - - - - - - - - 5 CASH FLOW RECONCILIATION 2026 2025 $'000 $'000 Profit/(Loss) (2,192) (129) Adjustments for: Depreciation on property plant and equipment 178 158 Loss on disposal of property plant and equipment 29 - Depreciation clawback - (11) Depreciation on right-of-use assets 509 530 Amortisation on intangible assets 154 320 Net loss/(gain) on foreign exchange (23) (43) Impairment of intangible assets 1,077 - Share of loss from equity accounted investments 13 (88) Movements in working capital (Increase)/decrease in trade and other receivable (79) (419) (Increase)/decrease in contract assets (201) (47) (Increase)/decrease in income taxes receivable (71) 86 Increase/(decrease) in trade and other payables 412 212 (Increase)/decrease in current and deferred tax (184) (226) Increase/(decrease) in provisions 243 302 Increase/(decrease) in contract liabilities 647 37 ## ## Net cash inflow/(outflow) from operating activities 512 682 - - Reconciliation of net profit to net cash flows from operations: On 31 December 2025 the group issued 1,729,277 shares under the rights issue at $0.45 per share. On 14 January 2026 a further 275,228 shortfall shares were issued under the rights issue at $0.45 per share. 9
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Enprise Group Limited Notes to Accompany the Unaudited Results Announcement for the year ended 30 June 2026 6 CASH AND CASH EQUIVALENTS 2026 2025 $'000 $'000 Current cash on hand / (borrowings) Cash on hand and at bank 1,453 1,588 Bank overdraft (950) (651) Cash and cash equivalents 503 937 10