Forum Topics ENA ENA September Quarterly Report
ShangriLa
Added 5 years ago

ENA reported on it's performance for the September 2021 Quarter.

Most importantly it achieved it's maiden quarterly profit, aided by it's acquisition of the Australian insurance agent Specialty Risks Pty Ltd (now rebranded as Ensurance Australia).

"Key highlights are:

Ensurance now cashflow positive and maiden quarterly profit achieved.  

Revenue up 131.9% on Prior Corresponding Period (PCP).

Insurance premiums under management increased 43.6% on PCP. "

The share price reacted positively, up 9.4% to 29.0 cents, on low'ish volume (ASX: 146,000 shares).

Any thoughts?

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