The latest announcement is out from EROAD ( (ERDLF) ).
EROAD Limited has announced that the new US tariffs, effective from April 5, 2025, are not expected to significantly impact its revenue or earnings, as 88% of its US revenue comes from services not subject to these tariffs. The company is exploring strategies to mitigate any potential impact on hardware production, including relocating production, refurbishing existing hardware, and adjusting pricing. EROAD’s FY25 financial results, unaffected by the tariffs, will be released on May 26, 2025, along with the FY26 outlook.
More about EROAD
EROAD is a technology, tolling, and services provider based in Auckland, New Zealand, known for implementing the first GNSS/cellular-based road charging solution across a country. They specialize in designing in-vehicle hardware, secure payment gateways, and web-based services, focusing on modernizing road charging and compliance for road transport. EROAD is the largest provider of road user charges compliance in New Zealand and offers health and safety compliance and fleet management solutions. The company is listed on the NZX and ASX under the symbol ERD.
YTD Price Performance: -16.45%
Average Trading Volume: 200
Technical Sentiment Signal: Strong Buy
Current Market Cap: $95.91M
For an in-depth examination of ERDLF stock, go to TipRanks’ Stock Analysis page.