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Hot Topic Budget 25
Hot Topic Budget 25
Investment
3 mins to read

Eroad’s conservative revenue guidance reflects tariff uncertainty

Listed telematics company says US pipeline deals ‘possibly not closing as fast as we’d like’.

Eroad co-CEOs Mark Heine (left) and David Kenneson.

Will Mace Mon, 26 May 2025
Key points
  • Revenue: up 6.8% to $194.4m
  • Profit: a $2.2m improvement to $1.4m
  • Main takeaway: Eroad is still battling to gain significant traction in the North American market.

 

Eroad predicts at least a 5.5% increase in revenue in the current financial year, lower than the 6.8% top line growth it declared in its 2025 financial results this morning.

The NZX and ASX-listed telematics company managed to deliver at the top end of its $190m to $195m revenue guidance today –

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Will Mace Mon, 26 May 2025
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • Revenue: up 6.8% to $194.4m
  • Profit: a $2.2m improvement to $1.4m
  • Main takeaway: Eroad is still battling to gain significant traction in the North American market.

 

Eroad’s conservative revenue guidance reflects tariff uncertainty
Investment,
109323
true