close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
5 mins to read

Eroad HY revenue up but North American unit growth stalls

Telematics company’s co-CEOs paint optimistic year ahead for US market growth.

Eroad has reported its half-year results.

Will Mace Mon, 25 Nov 2024
Key points
  • Revenue: up 8% to $95.9m
  • Loss: total loss rises slightly to $1.5m
  • Main takeaway: North American market remains tough but green shoots appearing for Eroad.

Eroad announced not only improved revenue and earnings in its half-year results, but also a decline in the net unit growth in its crucial North American market segment, as it seeks to focus on securing and expanding key enterprise customers.

Reporting its half-year results today, the NZX and

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Will Mace Mon, 25 Nov 2024
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: up 8% to $95.9m
  • Loss: total loss rises slightly to $1.5m
  • Main takeaway: North American market remains tough but green shoots appearing for Eroad.
Eroad HY revenue up but North American unit growth stalls
Investment,
106865
true