EROAD Clarifies Financial Reporting Approach
Company Announcements

EROAD Clarifies Financial Reporting Approach

EROAD (ERDLF) has released an update.

EROAD, a company listed on both the NZX and ASX, has emphasized that the financial information presented in their latest shareholder meeting is not to be taken as investment advice or a solid forecast, as it includes forward-looking statements subject to risks and uncertainties. They have used non-GAAP financial measures to provide a clearer picture of performance by excluding one-time events, with a detailed reconciliation available on their website. However, EROAD has clarified that these non-GAAP measures are not audited and may not align with other companies’ reporting.

For further insights into ERDLF stock, check out TipRanks’ Stock Analysis page.

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