News

EROAD moves into profit in record year of growth

EROAD Limited reported record growth of Total Contracted Units in both Australia and New Zealand and North American markets of 61.5%, revenue of $51.5 million, EBITDA of $15.0 million and Net Profit after Tax of $0.2 million. Read more »

EROAD Limited successfully completes equity raising

EROAD Limited (NZX: ERD) (EROAD) is pleased to announce it has successfully raised approximately NZ$15.5 million through its placement announced on 12 December 2017 at a price of NZ$3.04 per share, a 4.7% discount to EROAD’s 5 day VWAP. Read more »

US Supreme Court rejects ELD lawsuit

The US Supreme Court has decided to reject a hearing on the lawsuit against the US Department of Transportation’s ELD (electronic logging device) mandate. Read more »

EROAD market update - 29 January 2016

Steven Newman, EROAD CEO, has now been based in Oregon since October 2015 and, as was signaled on 25 November 2015 at the time of releasing our half year results, we are in a position to provide an update to the market on progress to-date. Read more »

EROAD reaches 25,000 connections

EROAD Limited (NZX:ERD) announced today that earlier this week EROAD reached 25,000 units connected to its Depot platform (“Units on Depot”). Read more »