Eroad returns to profit
NZX-listed fleet-tracking company prospers from regulatory, political shifts in the US. Shares jump. PLUS: Dealing with the Tesla threat.
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Hawke’s Bay
Eroad has returned to profit after a couple of years in the red.
The Auckland-based fleet-tracking technology company squeaked to a $0.2 million profit for its year ending March 31 on revenue that jumped 58% to $51.5m.
Last year, it made a net loss of $5.3m.
Total contracted units (a
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Eroad returns to profit
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