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Enero Group Limited (ASX:EGG)

ALERT: Price-sensitive ASX Announcement for EGG
Current share price for EGG : $0.290 -0.26 (-47.27%)+
Announcement
Release
19 Feb 2026 8:49AM
Price at Release
$0.550
Full Release
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Summary
Enero Group Limited announced its half-year results for the fiscal year 2026, showing a significant 15% growth in EBITDA and a 119% increase in net profit and earnings per share compared to the first half of fiscal year 2025. Despite a slight 1% decrease in net revenue attributed to challenging international market conditions, the company achieved improved EBITDA margins through cost management. The Australian agencies BMF and Orchard reported strong performances, contributing to the growth. BMF experienced a 45% increase in EBITDA and Orchard a 78% rise, both benefiting from new client acquisitions. The interim dividend was set at 1.0 cent per share, fully franked. Enero maintained a robust balance sheet with net cash of $23.6 million. Strategic adjustments and leadership appointments, such as Grant Toups as Global CEO of Hotwire, were highlighted as part of the ongoing transformation to bolster future growth.
Key Points
  • Enero Group Limited reported a 15% increase in EBITDA for FY26 H1.
  • Net profit and earnings per share rose by 119% compared to FY25 H1.
  • Net revenue decreased by 1% due to international technology market challenges.
  • EBITDA margins improved from 9.3% to 10.8% through cost management.
  • BMF and Orchard reported strong performances with significant EBITDA growth.
  • Interim dividend declared at 1.0 cent per share, fully franked.
  • Net cash on balance sheet at $23.6 million as of December 31, 2025.
  • Strategic leadership changes, including new CEO appointments at Hotwire.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.