Financial Performance Summary - Enero Group's net revenue from continuing operations decreased by 3% from A$143.5 million in FY24 to A$138.7 million in FY25[39] - EBITDA from continuing operations increased by 2% from A$13.9 million in FY24 to A$14.1 million in FY25[39] - EBITDA margin from continuing operations increased by 0.5 percentage points, from 9.7% in FY24 to 10.2% in FY25[39] - Including discontinuing operations (OBMedia), net revenue decreased by 11% from A$189.7 million in FY24 to A$168.3 million in FY25[39] - Including discontinuing operations, EBITDA decreased by 30% from A$37.4 million in FY24 to A$26.2 million in FY25[39] - Including discontinuing operations, EBITDA margin decreased by 4.1 percentage points, from 19.7% in FY24 to 15.5% in FY25[39] Segment Performance - The Technology, Healthcare & Consumer (THC) Practice saw a 3% decrease in revenue, from A$143.5 million to A$138.7 million, but EBITDA increased slightly by 0.2% from A$22.8 million to A$22.9 million[40] - Hotwire Global's revenue decreased by 4% from A$81.7 million to A$78.6 million, but EBITDA increased by 15% from A$9.6 million to A$11.1 million[12] - BMF's revenue decreased by 2% from A$35.0 million to A$34.4 million, and EBITDA decreased by 14% from A$8.0 million to A$6.9 million[12] Half-on-Half Performance - In the THC Practice, H2 revenue increased by 2% compared to H1 (A$70.1 million vs A$68.7 million)[8] - The THC Practice's EBITDA margin improved by 1.7 percentage points from H1 to H2 (9.3% vs 11.0%)[8] - Corporate costs reduced 24% in FY25 H2 on prior half and in FY25 H2 represents 4.7% of revenue (excluding share-based payments)[9]

Financial Data and Key Indicators Changes - The first half of 2025 marked the best operational performance in the company's history, with 59 million eggs sold, representing a 23% year-on-year growth [4] - Revenue surpassed €10 million, reflecting a 70% year-on-year growth [4] - Gross profit reached €4.3 million, showing a 183% increase [4] - EBITDA for the first half of the year was €3.5 million, indicating a 250% growth [5] - The net profit for the period was a record €1.7 million, a significant improvement from previous losses [25][26] Business Line Data and Key Indicators Changes - The company completed its investment phase, which included the inauguration of three new buildings, enhancing production capacity by 60% to produce up to 180 million eggs annually [9][10] - The new product line, VTech Squared, focused on premium egg white protein products, achieved a 32% repeat purchase rate, indicating strong market acceptance [12] Market Data and Key Indicators Changes - The total egg market in the Baltic states experienced growth, particularly in the bar and egg segment, with Lithuania leading at over 60% market share [15] - The company successfully reduced the share of industrial egg sales to 11%, aligning closely with natural production splits [18] - Export sales increased significantly, with income from exports rising almost three times compared to the previous period [22] Company Strategy and Development Direction - The company aims to strengthen its position as a market leader in cage-free production, with plans to become the first totally cage-free egg producer [33] - The strategy includes diversifying revenue streams, particularly through the VTech Squared product line, and expanding exports as a percentage of overall sales [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of approximately €22.6 million for 2025, a 7% upward adjustment from previous guidance [28] - The completion of the investment phase is expected to support strong revenue growth in the second half of the year, with full operational capacity anticipated by September [30] - The shift towards cage-free production is seen as a tailwind for the company, with expectations of increased demand for higher welfare products [44] Other Important Information - The company has built its own solar park to help mitigate energy costs [39] - A shareholder loyalty program was approved, expected to launch around International Egg Day in early October [35][36] Q&A Session Summary Question: Will the shareholders' loyalty program include benefits for the FinTech Squared production? - Yes, the loyalty program was approved and will include attractive components for loyal customers, expected to launch within six to eight weeks [35] Question: What drove the 70% growth of the revenue in 2025? - The growth was driven by an increase in the number of eggs sold, higher market prices, and a shift in product mix towards retail clients [37] Question: Is gross profit margin improvement sustainable? - Yes, the gross margin improvement is expected to be sustainable due to the shift towards cage-free production and increased capacity [38] Question: How do you manage rising feed or energy costs? - Feed and energy costs are fixed for the maximum period possible, and the company has built a solar park to offset energy consumption [39] Question: Do you expect to raise any additional capital in 2025? - Current capacity expansion is fully funded, but additional capital may be raised for future development projects or acquisitions [41] Question: How do you see the cage-free transition affecting the APF? - The transition is viewed as a tailwind, with the company well-positioned to capture market share and premium pricing as cage-free becomes the industry standard [44] Question: What is your export strategy? - The strategy focuses on increasing exports as a percentage of overall sales, with significant growth in Lithuania and Estonia [45][46] Question: Are there any plans to distribute dividends in the future? - The dividend policy remains intact, with up to 50% of profits expected to be distributed based on the financial results of 2025 [59][60]

Financial Data and Key Indicators Changes - The company reported a record-breaking revenue of €10,000,000 for the first half of 2025, representing a 70% year-on-year growth [4] - Gross profit reached €4,300,000, marking a 183% increase [4] - EBITDA for the period was €3,500,000, reflecting a 250% growth [5] - The net profit for the first half of 2025 was €1,700,000, a significant improvement compared to previous losses [25][26] - The return on equity reached 34%, and earnings per share were at a historically high level of €0.60 [26][27] Business Line Data and Key Indicators Changes - The company sold 59,000,000 eggs in the first half of 2025, achieving a 23% year-on-year growth [4] - The share of industrial egg sales was reduced to 11%, aligning closely with the natural production split [18] - The product line under the trademark VTech Squared, which includes premium egg white protein powders and bars, is gaining traction, with 94% of sales coming from Latvia [12] Market Data and Key Indicators Changes - The total egg market in the Baltic states showed growth, particularly in the bar and egg segment, with Lithuania leading at over 60% market share [15] - The company has significantly increased its exports, particularly to Lithuania, with export income rising almost three times compared to the previous period [22] Company Strategy and Development Direction - The company completed an investment phase of €13,000,000, enhancing production capacity by 60% [9] - The strategic focus is on transitioning to cage-free production, with expectations of increased demand for higher welfare products [30][45] - The company aims to expand its presence in the retail fitness and lifestyle channels through the VTech Squared product line [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of €22,600,000 for 2025, a 7% upward adjustment from previous guidance [27][28] - The completion of the investment phase is expected to support strong revenue growth in the second half of the year [28] - The management acknowledged challenges in the market transition to cage-free production but remains optimistic about capturing market share [43][45] Other Important Information - The company has launched a shareholder loyalty program, expected to be announced around International Egg Day in October [35][36] - The company is exploring additional capital raises for future development projects, balancing growth with leverage [42] Q&A Session Summary Question: Will the shareholders' loyalty program include benefits for the FinTech Squared production? - Yes, the loyalty program was approved and will include attractive components for loyal customers, expected to launch within six to eight weeks [35] Question: What drove the 70% growth of the revenue in 2025? - The growth was driven by an increase in the number of eggs sold, higher market prices, and a shift in product mix towards retail clients [38] Question: Is gross profit margin improvement sustainable? - Yes, the gross margin improvement is expected to be sustainable due to the shift towards cage-free production and increased capacity [39] Question: How do you manage rising feed or energy costs? - Feed and energy costs are fixed for the maximum period possible, and the company has built a solar park to partially compensate for energy consumption [40] Question: Do you expect to raise any additional capital in 2025? - Current capacity expansion is fully funded, but additional capital may be raised for new development projects if opportunities arise [42] Question: How do you see the cage-free transition affecting the APF? - The transition is viewed as a tailwind, with the company well-positioned to capture market share and premium pricing as cage-free becomes the industry standard [45] Question: What is your export strategy? - The strategy focuses on diversification, with exports already above 50% of sales, and plans to increase exports as a percentage of overall sales [46] Question: Are there any plans to distribute dividends in the future? - The dividend policy remains intact, with up to 50% of profits expected to be distributed based on the financial results of 2025 [60][61]

Core Insights - Enigmatig Limited has successfully listed on the NYSE American, marking a significant milestone in its mission to empower SMEs for global expansion [1][3] - The company raised approximately US$15 million through its IPO, selling 3,005,200 Class A ordinary shares at US$5.00 each [2] - Enigmatig aims to enhance its service capabilities and expand its global reach, focusing on RegTech innovations and strategic advisory services [4][6] Company Overview - Founded in 2010, Enigmatig specializes in enabling SMEs to navigate cross-border markets, providing expertise in licensing, compliance, and strategic growth [9][10] - The company operates across key financial hubs including Singapore, Hong Kong, Shanghai, London, Cyprus, and Belize, offering tailored solutions throughout the business lifecycle [7][10] - Enigmatig's proprietary CRM platform integrates KYC, AML, and transaction monitoring tools, positioning RegTech at the core of its growth strategy [7] Future Growth Strategy - The company plans to expand its leadership and specialist teams in key markets and verticals [6] - Enigmatig will accelerate RegTech and automation innovations to streamline compliance processes [6] - The firm is pursuing targeted mergers and acquisitions to strengthen its global service offerings [6]

Core Insights - Enigmatig Limited reported a significant increase in corporate services income, rising by 112.1% year-on-year to US$2.9 million for the first half of fiscal year 2025, driven by new client momentum and strong performance in license application and renewal services [1][5][6] - The company achieved a net profit of US$1.2 million, marking a return to profitability compared to a net loss of US$0.1 million in the same period of the previous fiscal year [1][13] - The successful IPO on the NYSE American in June 2025 raised approximately US$15.0 million, enhancing the company's capital position for future growth [4][5] Financial Performance - Corporate services income increased to US$2.9 million from US$1.4 million in the same period of fiscal year 2024, with license application and renewal services growing by 158.0% to US$1.1 million and corporate secretarial services rising by 90.2% to US$1.8 million [5][16] - Gross profit surged by 192.1% to US$2.2 million, with gross margin expanding to 74.8% from 54.3% year-on-year, reflecting improved operating leverage [9][11] - Operating expenses remained stable at US$0.9 million, despite the inclusion of professional service fees related to the IPO [10] Business Strategy and Outlook - The company aims to expand its international footprint, enhance its value proposition through innovation and technology, pursue selective M&A opportunities, and invest in global talent to serve its growing client base [4] - Enigmatig has established a presence in key international markets with offices in Singapore, Hong Kong, Shanghai, and London, along with a representative desk in Bangkok [5][17] - The company is actively marketing its RegTech services, which include KYC, AML, and transaction monitoring, positioning them as a strategic growth pillar for the future [5][4]