On 25 November, EROAD announced a solid set of financial results for the first half of FY25, demonstrating that we are on track to meet financial guidance on all key measures as we continue to execute against our FY25 strategic goals. This achievement is testament to our entire team’s relentless, disciplined focus on driving growth while simultaneously reducing cost. Co-CEOs Mark Heine and David Kenneson commented on the result, “It's been another six months of solid execution against our strategy, with the core business in Australia and New Zealand delivering excellent free cash flow, costs well managed, and significant work put into strengthening the North America sales pipeline. “We’ve expanded our product suite, including the new and innovative AI dashcam. Our recent strategic partnership with Geotab also illustrates how we can grow our addressable market by partnering to augment our product solutions and meet diverse fleet needs.” Thanks to our team members, customers, partners and shareholders for contributing to our success. Here's to continuing the momentum in the months ahead! View the market release, half year report and more here: https://lnkd.in/g3ZvB2-D #NZX #ASX #HY25Results
EROAD
IT Services and IT Consulting
Auckland, AUK 17,786 followers
Delivering intelligence you can trust, for a better world tomorrow
About us
EROAD develops technology solutions (products and services) that manage vehicle fleets, support regulatory compliance, improve driver safety and reduce the costs associated with driving. EROAD believes that every community deserves safer roads and the people who use the roads should influence the design, management and funding of transport networks.
- Website
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http://www.eroad.com
External link for EROAD
- Industry
- IT Services and IT Consulting
- Company size
- 201-500 employees
- Headquarters
- Auckland, AUK
- Type
- Public Company
- Founded
- 2000
Locations
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Primary
260 Oteha Valley Road
Auckland, AUK 0632, NZ
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15110 Avenue of Science Dr
Unit 100
San Diego, California 92128, US
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Withers Rd
Rouse Hill, New South Wales 2155, AU
Employees at EROAD
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Tim Mole
Leader and Advocate of Technology, Data and Analytics | Building Great Teams | Tech Innovation
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Ivan Lim
Account Management | Customer Success | for Saas, Digital transformation, Software Development and Professional Services.
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Cameron Kinloch
Leveraging 20 years of experience on Wall Street and in Silicon Valley to help companies grow | Top 20 AI CFO | 4x Board Director | 2 M&A Exits | 2…
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Morne Janse Van Rensburg
Updates
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Our Co-CEO Mark Heine presented at the ASX small and mid-cap conference in September. Mark talked to investors about EROAD’s platform evolution over the last ten years, including the growth of our customer base in New Zealand, Australia and North America to reach over 250,000 connected vehicles. Mark shared EROAD’s vision to become a data rich operations platform for our customers, and how AI is enabling advanced features like detecting driver fatigue through sunglasses. Watch Mark’s full presentation ⬇️ https://lnkd.in/gcvWvNws #ASX #Technology
ASX Small and Mid-Cap Conference September 2024 | EROAD Limited (ASX:ERD)
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Today EROAD announced the renewal of its partnership with ABC Supply Co. Inc. the largest distributor of roofing and other select exterior and interior building products in North America. Since 2019, EROAD has been a steadfast partner for ABC Supply, offering advanced safety- and compliance-focused fleet management technologies that simultaneously optimize day-to-day procedures while transforming operations on a broader level. Read more: https://lnkd.in/geEqNXV4 #telematics #fleetmanagement #EROAD
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This year, EROAD surpassed 250,000 connected units globally, and became free cash flow positive for the first time. Both significant milestones for our business. At the ASX small and mid-cap conference in September our Co-CEO Mark Heine sat down with Grady Wulff of Bell Direct to give investors an insight into EROAD’s performance, how it achieved these milestones despite the challenging economic environment and what’s next. Check out the 5 min interview ⬇️ https://lnkd.in/gt2YxPDP #ASX #Technology #Growth
From the helm: EROAD Ltd (ASX:ERD) Co-CEO, Mark Heine
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Our Co-CEO Mark Heine sat down with Tylah Tully at Proactive recently, to discuss the value that EROAD delivers to our customers, our future growth plans and how we're continuing to innovate with new products like our AI dashcam. Check out the 2 min video below⬇️ #ASX #technology #growth #fleetmanagement
EROAD Ltd (ASX:ERD) co-CEO Mark Heine sits down with Proactive's Tylah Tully live from the ASX Small and Mid Cap Conference in September 2024. EROAD develops technology solutions, products and services that manage #VehicleFleets, support regulatory compliance, improve driver safety and reduce the costs associated with driving. EROAD also provides valuable insights and data analytics to universities, government agencies and others who research, trial and evaluate future transport networks. This data enables those who use the roads to influence the design, management and funding of future transport networks, meaning safer, better roads over the long term. #ProactiveInvestors #EROAD #ASX #RoadSafety #FleetManagement #ASXSmallandMidCapConference
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EROAD reposted this
Attending @NRMCA ConcreteWorks 2024? Come by Booth 432 to talk concrete tech with us. Discover how our EROAD Construction Solution can help streamline your operations, enhance safety, and fortify compliance. See you in Denver! #cworks2024
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🚀 Hackathon 2024: Unleashing Innovation with Location Technology🌎 It's that time of year again when the EROAD team comes together for Hackathon - a unique opportunity for everyone across our organisation to get creative and bring their ideas to life! Whether you're mapping out a geographical location, or organising a warehouse, everything has a location, and this year's theme reflects that! We are proud to partner with HERE Technologies for Hackathon 2024. They've generously sponsored us, and led 'lunch and learn' sessions to equip our teams with knowledge and inspiration. Hackathon is a major event for EROAD, providing a platform for cross-functional teamwork and knowledge sharing. Our EROADers had to come up with a concept that solves a problem related to the theme "Location is Everything". They then had 36 hours to develop a solution and produce a compelling sales pitch via video submission. 📽 After 19 incredible video submissions, we had a tie for first place, with both winning teams presenting ideas that will enhance our products and improve how we work. A huge thank you to HERE Technologies for your partnership, contributions, and onsite support to our Hackathon teams as well as sponsoring the award for the "Most Innovative Use of Location Services"! ✨ Hackathon is one of the highlights of our calendar, offering our teams the chance to innovate, collaborate across all aspects of the business, and tap into their creativity. Congratulations to all the participants for their hard work, brilliant ideas and collaborative spirit. We can't wait to see how these innovations shape EROAD's future. 🚀 #Hackathon2024 #Innovation #Collaboration #Creativity #EROAD #HERETechnologies #LearnAndGrow
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“You cannot afford for these reefer trailers to be sitting idle and not hauling groceries. With just a few clicks, our dashboard shows trailers that may be sitting, lost, or lonely.” Travis Ross' past experience as a transportation manager gives him a unique perspective on their day-to-challenges, including how EROAD’s s solution simplifies day-to-day operations and optimizes asset utilization. Stop by EROAD booth #921 at The International Foodservice Distributors Association (IFDA) Solutions Conference to learn more. #IFDA2024 #EROAD #coldchain
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EROAD reposted this
Introducing EROAD Clarity Edge AI Dashcam: your key to comprehensive fleet visibility. Our AI-powered system combines Road AI, Driver AI, and Fatigue AI to detect and help prevent a wide range of driving risks. Learn more: https://lnkd.in/gy_urJkf #EROAD #AI #artificialintelligence #dashcam
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Celebrating 10 years on the #NZX!
It's not every day you open trading by ringing the NZX Opening Bell AND the original horn used when listing 10 years ago! A big congratulations to Susan Paterson ONZM, Mark Heine, David Kenneson, Steven Newman and the entire EROAD team for celebrating 10 years on the NZX! We're proud to be able to support you on your journey becoming a system of record for clients, serving as a catalyst for change. Learn more: https://www.eroad.co.nz/