Datagate Investor Update July 2026

13/07/2026 08:30 NZST, GENERALP

ENPRISE GROUP LIMITED

NZX Announcement

10 July 2026

Datagate Shareholder Update

Enprise Group Limited (“Enprise”) holds a 32.35% shareholding in Datagate Innovation Limited (“Datagate”), a SaaS billing solutions provider. Enprise valued Datagate at $0.864m at 31 December 2025.

Datagate’s Board has issued a letter to its shareholders providing an update on the company’s valuation and exit considerations. Key points include:

• Datagate remains cash-flow positive with no requirement for further capital raising

• Recent rights issues valued Datagate at NZ$2.80 per share (enterprise value of approximately NZ$21.2 million)

• The Board’s strategy is focused on growing ARR to US$5 million, targeted between late 2027 and early 2028, which is expected to support an improved exit multiple

• There is currently no offer on the table, nor any active negotiations for the sale of Datagate

• The Board continues to pursue a strategy of sustainable, profitable growth to build long-term shareholder value

Enprise notes this update and continues to support Datagate’s growth strategy.

Nick Paul,

Chairperson

Enprise Group Limited

0274980051

Ends

Attachments

  1. Datagate Shareholder Update Annoucement - 10Jul26
  2. Datagate Investor Update CEO - Ju;y 2026
  3. Datagate Chairperson Letter - July 2026