EROAD Limited Reports Strong FY25 Performance

EROAD Limited ( (ERDLF) ) has released its Q4 earnings. Here is a breakdown of the information EROAD Limited presented to its investors.

EROAD Limited is a company specializing in vehicle-mounted technology and software solutions for fleet operations, providing real-time visibility and compliance support across New Zealand, Australia, and North America. In its latest earnings report for the fiscal year ending March 2025, EROAD highlighted significant financial achievements, including a 6.8% increase in revenue to $194.4 million and a positive free cash flow of $16 million, marking a substantial improvement from previous years. Key strategic moves included the launch of the AI dashcam Clarity Edge in North America, enhancing safety and operational efficiency, and the establishment of a Manila office to balance growth and cost. EROAD also reported strong performance in its core markets, with New Zealand capturing 56% of all heavy vehicle road user charging kilometers. Looking forward, EROAD aims to continue its growth trajectory with a focus on strategic partnerships, AI integration, and expanding its platform capabilities, setting a revenue target of $205 million for FY26.