Essentially, welcome everybody to the Enprise Annual General Meeting. I will start. I'll kick the business off with ordinary business, and the first resolution is the election of Susan Stone to the Board of Directors. It's urgent to consider and, of course, to pass the following as an ordinary resolution of the company that Susan be elected as a Director of the Company [audio distortion].
If thought fit to pass the following as an ordinary resolution of the Company, that the maximum aggregate amount of remuneration payable to all directors taken together in their capacity as directors be increased by NZD 50,000 from NZD 150,000 per annum to a maximum of NZD 200,000 plus GST, if any, per annum, with the sum of that to be paid to the directors of the company as the Board considers appropriate and which may be paid either in whole or in part by way of an issue of ordinary shares in the company, provide [audio distortion]
Recession. So I think that's proving to be true. And we are starting to see strengthening in our pipelines and so on as both economies Australia and New Zealand pick up. It has been a tough year, particularly because of those tough economic conditions when people don't really spend money. But we've maintained our position as [audio distortion] we're 11 years later, and we've got another statement of direction that gives us between five and 10 years before that product would be potentially made end of life. And we've made a commitment to our Exo clients that we will be the best partner standing with Exo. So it's a bit of a balancing act in the business. Why? We've got a declining Exo business. We've got a rapidly growing Acumatica business.
I think to have achieved the 14% growth over the business in its totality shows the rapid growth in Acumatica fast enough to offset the decline in Exo. We've just ticked over 400 Acumatica sites, up from 300 last year. That's again quite an achievement to have increased by over 100 sites a year. Our net recurring revenue book with MYOB has increased by 34% over the last year. We do have some of the largest Acumatica sites in the world, two of which, strangely enough, are in New Zealand. One is a whale in millions of transactions per month and really tests the system. We have supplemented core Acumatica with Acumatica payroll.
We are currently MYOB's number one payroll partner in both Australia and New Zealand, and a lot of growth prospects there because there are not a lot of ERP systems that have an integrated payroll system that are compliant in Australia and New Zealand. In terms of the broader Acumatica world, Acumatica was acquired by Vista Equity Partners from EQT. EQT was the previous private equity company that owned Acumatica. Vista acquired Acumatica for $2 billion and has plans to accelerate Acumatica's growth, including further investment in AI-enabled features. This is a great thing for us. AI is obviously flavor of the month, year, decade. And having an ERP system that has AI natively built into it is a huge advantage in the market. We also introduced HubSpot into our mix by our acquisition of Recipe Marketing. This was really. It's appearing to be a really good move.
Not only does it reduce our risk in being exposed to MYOB as our largest provider of software, but HubSpot has also become incredibly popular as a CRM system and also is leading the market in terms of AI within the software. And then finally, I'd just like to say that in a professional services company, our people are our greatest asset, and we continue to invest in our people. We've got a very stable, skilled, and dedicated team of about 110 people. And this is the strength of the company. It gives us enormous opportunity to take advantage of the improvement in the economies and poised for continual growth in our Acumatica business and stabilization in our Exo business and growth in the HubSpot business. So I would like to pay tribute to those members and the leadership who've made the company what it is today.
I'll mention the associate companies. Nick mentioned Datagate. I think that that's probably sufficient. We've seen growth in Datagate in both North America and in the U.K., ticked up to five million ARR milestone. iSell, we think iSell will still require small amounts of capital, but essentially it's a break-even. We believe now we have a stable and marketable product, which we'll continue to develop. And there is a lot of interest in the iSell e-commerce portal. We are planning for growth in iSell, including moving into overseas markets. That's it from me.
Good. Thanks, Rodney. Well done. So just to summarize, there are strong growth opportunities across our business. As Rodney talked about, the room within the mid-size market that Acumatica and HubSpot are exploring with the help of our very capable team that have a jargon. We're looking to assist Rodney with additional funding through that business to help growth and to replenish some working capital following investments made in Recipe Marketing last year. So we want to make sure we can give Rodney the headroom to continue to grow that business strongly. We also looked further into our growth. As Rodney mentioned, there's overseas opportunities there. We're having another look at the U.S. market and beyond and continue to help the Datagate business to go from strength to strength.
So with that, I'd just like to close up that part of the meeting and open the opportunity for any questions from our shareholder team.
If I can ask you to type it in the chat because it appears that that gremlin in the system is still affecting us. So, apologies for that. I'll just open any questions. Please type them in the chat.
It doesn't appear as though there are any.
There probably are questions.
Yeah.
Sorry.
That's okay. So it would appear as though there are no questions. So with that, I'd like to move that we close the meeting. Thank you for coming. Thank you for attendance. And enjoy the rest of the day. Thank you.