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Tech & Innovation
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Eroad reports revenue growth, higher margins

Despite serving essential services, Eroad says 2021 results will be hit by Covid-19.

Geraden Cann Fri, 19 Jun 2020

Fleet management technology company Eroad has reported strong revenue growth for the financial year ending March 31, increasing by 32% from $61.4 million to reach $81.2m.

Net profit was $1 million, up from a loss of $4.9m the year before, while ebitda margin rose to 33% from 25%.

However, the

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