Eroad Swings to Fiscal 2026 Loss, Posts Higher Revenue

MT Newswires Live
May 25

Eroad (ASX:ERD, NZE:ERD) reported Monday that it swung to a loss of NZ$0.8582 per share in the fiscal 2026 from a profit of NZ$0.0073 a year earlier.

Revenue for the 12 months ended March 31 was NZ$195.2 million, compared with NZ$194.4 million a year earlier.

The company expects fiscal 2027 performance to be driven by its core ANZ markets, with New Zealand providing stable, cash-generative low single-digit growth and Australia delivering strong enterprise-led expansion with double-digit growth.

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