Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

Appears that Mr Market agrees too. Well done TK et. al.

GWP and revenue are up materially YoY and importantly, they have reported another profitable result (with profit margins up).

Might be a few years before they get there but ENA is paving a path to future dividends.

There is a steady, disciplined approach here to delivering shareholder returns which is not surprising given the CEO and Chair are the two largest shareholders themselves.