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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Eroad slumps to loss as Coretex integration begins

Telematics company embarks on growth phase but still searching for new CEO.

Eroad chair Graham Stuart.

Will Mace Thu, 26 May 2022

Eroad’s revenues may have been bolstered by four months’-worth of Coretex ownership, but its operating expenditure has climbed too, resulting in lower earnings and $9.6m overall loss, down from a $2.5m profit the year before.

Reported earnings before interest, tax, depreciation, amortisation

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Will Mace Thu, 26 May 2022
Contact the Writer: william@nbr.co.nz
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Eroad slumps to loss as Coretex integration begins
Investment,
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