Investor Notice -Half Year 30 Sep 2017

Enprise Group is a public company listed on New Zealand’s NZAX stock exchange with the code ENS.
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01 December 2017
Enprise Group reports 22 percent profit
increase in half year results

AUCKLAND. Enprise Group (NZAX: ENS) today reported strong year-on-year growth in
revenue and profit for the half-year to September 30, 2017.

Total half-year revenue rose 10.40% to $4.7 million. Of this, Australian revenue grew 17%
to $1.02 million and New Zealand revenue grew 9% to $3.7 million. Net profit for the
period rose 22% to $393,000. Cash and bank balances were $265,000 at period end.

“In this period we grew revenue on both sides of the Tasman, completed a highly strategic
acquisition and paid a shareholder dividend,” says Enprise Group CEO Elliot Cooper.

“The profit rise is the result of continued growth in the Australian and New Zealand
markets combined with careful management of cost of sale,” he says.

The half-year also saw completion of the acquisition of 47% of Kilimanjaro Consulting,
Australia’s biggest MYOB enterprise reseller.

“Synergies between our Enprise Solutions business unit and Kilimanjaro will further boost
growth and reduce cost of sale in Australia,” Elliot Cooper says.

“Enprise Group intends to pursue additional investment opportunities to increase growth.
These may be inside the MYOB channel or outside it, in synergistic businesses.”

During the period Enprise Group paid a 2017 final dividend of 3.5 cents per share.

Enprise Group is now focused on three businesses – the wholly owned Enprise Solutions
and joint ventures Datagate Innovation and Kilimanjaro Consulting.

Enprise Solutions continues to grow profitably in both Australia and New Zealand,
providing business solutions based on the MYOB Exo and MYOB Advanced software
platforms.

“Kilimanjaro Consulting will leverage Enprise Solutions’ strong positioning across the
region in the cloud business software market,” Elliot Cooper says.

“Kilimanjaro customers now have access to ‘Enprise Cloud Path’, a service that ensures
businesses chart the smartest path to the cloud. The two companies are also working
together to accelerate sales of the new cloud product MYOB Advanced as well as delivery
of MYOB Exo via the cloud.

Enprise Group is a public company listed on New Zealand’s NZAX stock exchange with the code ENS.
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“Datagate Innovation has proven its cloud-based billing engine in the New Zealand market
with customers like Spark Wholesale and Dimension Data. Last month it closed a
successful rights issue, raising $683,710 of new capital in a move that will enable rapid
expansion to capitalise on early success in the North American market,” Elliot Cooper says.

In this period Datagate formalised an agreement for representation in the North American
market as Datagate America, and signed its first American customers. Last month Datagate
won the ‘Best Newcomer’ award at the ConnectWise IT Nation event in Orlando, with a
cloud service to enable direct telecom and utility billing for ConnectWise users.

About Enprise Group
Listed on the New Zealand Stock Exchange Alternative Market (NZAX) on 1 December
2014, Enprise Group (ENS) has three operating divisions: Enprise Solutions and joint
ventures Datagate Innovation Ltd and Kilimanjaro Consulting Ltd.

Enprise Solutions is a cloud business software company that is the leading trans-Tasman
provider of solutions based on the MYOB EXO and MYOB Advanced software platforms.
Enprise Solutions offers cloud options for every piece of software it sells, including a broad
range of companion products to extend the power of the MYOB Advanced and MYOB EXO
platforms. The company supports around 750 MYOB EXO and MYOB Advanced customers
across Australia and New Zealand.

Datagate Innovation provides online billing and reporting solutions for businesses that bill
according to subscription or usage. Datagate opens up new recurring revenue
opportunities for Telcos, Utilities, Retailers and Managed Service Providers by allowing
them to sell, price and invoice their customers for a wide range of services – including
phone, internet, electricity and software – all on a single invoice under their own branding.

Kilimanjaro Consulting is Australia’s largest implementer of MYOB’s enterprise-level
business management solutions. It services clients in a range of industries in Australia,
New Zealand and the Asia Pacific region. It has achieved its leadership position by focusing
on customers’ business needs first, developing a rigorous methodology and employing an
expert team of more than 60 skilled consultants to support customers every step of the
way.

Ends.

Released by Sayle Noble & Associates on behalf of Enprise Group. For more information
please contact Enprise Group CEO Elliot Cooper: tel +649 829 5500, email
elliotc@enprisegroup.com; or Caroline Sayle: tel +649 307 8450, email caros@noble.co.nz