EROAD (ERDLF)
OTHER OTC:ERDLF
Earnings Data
Report Date
Nov 19, 2026During Market Hours (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.45Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced. The call highlighted meaningful regional strengths — notably very strong growth in Australia, stable and cash‑generating New Zealand operations, encouraging normalized free cash flow, substantial R&D investment, and tangible progress on an AI‑led transformation and eRUC optionality. These positives are offset by material noncash accounting adjustments and an impairment that produced a large reported EBIT loss, performance and churn issues in North America (ARR -20%), increased operating costs and one‑off items, and ongoing Coretex integration and timing‑related cash impacts. Management has a clear transformation plan and targets (including a commitment to be free cash flow positive next year), but near‑term financial statements reflect the reset and investment phase.Company Guidance
Stable Group Revenue and Strong Subscription Base
Reported revenue NZD 195.2 million (broadly stable year-on-year) with subscription revenue comprising NZD 185.4 million of the total. ARR closed at NZD 174.3 million (noting reductions concentrated in North America).
Positive Underlying Free Cash Flow and Liquidity
Normalized free cash flow margin 7.4% with normalized underlying free cash flow of NZD 14.4 million (after adjusting for the 4G upgrade). Reported free cash flow to the firm was effectively breakeven at ~NZD 0.1 million. Total liquidity NZD 49 million (cash NZD 10.1m and ~NZD 39m facility headroom); bank facilities extended to October 2027.
Australia Delivered Strong Double‑Digit Growth
Australia ARR increased 73% to NZD 21.9 million and revenue increased >40% year-on-year, driven by enterprise customer expansion, higher platform adoption and improving ARPU. Management expects continued strong mid‑digit growth in FY'27 with most FY'27 growth precontracted.
New Zealand Business is a Reliable Core
New Zealand ARR rose 5% to NZD 93.5 million and revenue increased 1.1%. New Zealand generated nearly NZD 25 million in free cash flow and ARPU improved ~3%, with stronger take up of higher‑value products among enterprise customers.
Material R&D and Platform Investment
R&D spend was NZD 34.6 million (about 18% of revenue), reflecting prioritized investment in platform stability, product enhancements and long‑term product capability.
AI and Transformation Momentum
Company ran a multi‑country hackathon with 27 teams and reported large productivity gains (teams estimated minimum 5x productivity uplift in use cases). Management is embedding AI across operations, platform modernization and data intelligence with expected efficiency and revenue effects over time; eRUC initiative being funded from free cash flow and kept under 5% of OpEx.
Operational & Governance Progress
Transformation program underway with live dashboards and improved customer scorecards; CEO appointment targeted post‑AGM; management targets being free cash flow positive in the coming year and North America to be free cash flow neutral.
Patent Dispute Resolved Favorably
The patent infringement challenge in North America was resolved before year‑end with a positive outcome, removing an ongoing litigation overhang.
ERDLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ERDLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 20, 2025 | $0.88 | $0.86 | -1.71% |
May 22, 2024 | $0.54 | $0.57 | +6.30% |
Nov 29, 2023 | $0.80 | $0.80 | 0.00% |
May 24, 2023 | $0.29 | $0.33 | +11.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does EROAD (ERDLF) report earnings?
EROAD (ERDLF) is schdueled to report earning on Nov 19, 2026, During Market Hours (Confirmed).
What is EROAD (ERDLF) earnings time?
EROAD (ERDLF) earnings time is at Nov 19, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ERDLF EPS forecast?
Currently, no data Available