About EROAD

EROAD modernises road charging and tax compliance and health and safety compliance for road transport by replacing paper-based systems with easy-to-use electronic systems that also improve fleet management.

The company is headquartered in Auckland, New Zealand, and dual-listed on the Australian Stock Exchange (ASX), and New Zealand Exchange (NZX). Its US business is based in Portland, Oregon, serving customers with vehicles operating in every US mainland state, growing outward in concentration from the Northwest.

In 2009 EROAD introduced the world’s first nationwide electronic road user charging (ERUC) system in New Zealand and, in 2017, more than 50% of heavy transport RUC is expected to be collected electronically, representing a rapid transition to e-commerce on a voluntary, industry-led basis, due to the cost-savings and benefits to customers.

EROAD is also a leading provider of health and safety compliance services, including vehicle management and driver behaviour and performance measures.

H1 FY22 Financial Results Presentation

Download Interim Report 2022

Download Investor Presentation H1 FY22

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Market Announcements

EROAD accelerates towards next phase of growth
November 26, 2021
NZ Commerce Commission Clears Coretex Acquisition
November 18, 2021
EROAD Receives Overseas Investment Office Consent
November 9, 2021
EROAD launches Clarity Solo Dashcam
October 21, 2021
EROAD Quarterly Operational Update, Q2 FY22
October 21, 2021
Coretex Acquisition Update
October 19, 2021
EROAD partners with Seeing Machines
August 20. 2021
EROAD to acquire Coretex to accelerate key growth strategies
July 14, 2021
Investor Presentation - The Insider: Meet the CEOs Live Webinar
June 23, 2021
EROAD better positioned for future growth
May 28, 2021
EROAD Quarterly Operational Update, Q4 FY21
April 20, 2021
EROAD signs Australian Enterprise customer
April 9, 2021
EROAD adds further capability to management team to support growth ambitions
March 11, 2021

2020

EROAD continues to grow, despite difficult macro-economic conditions
November 26, 2020
EROAD appoints new Chief Technology Officer
November 26, 2020
EROAD Successfully Completes Placement
September 18, 2020
EROAD to raise capital of NZ$50 million, in conjunction with its ASX listing
September 17, 2020
EROAD CTO moving on
July 27, 2020
Candace Kinser stepping down from EROAD Board
July 21, 2020
Michael Bushby retires from EROAD Board
July 1, 2020
EROAD delivers strong result, while investing for future growth
June 19, 2020
Quarterly Operational Update and COVID-19 Update
April 28, 2020
EROAD completes refinancing of debt facilities
April 1, 2020
EROAD confirmed as an essential service and business continuity plan implemented
March 24, 2020
Quarterly Operational Update - EROAD delivers continuing growth for Q3 FY20
January 23, 2020
EROAD appoints North American Director
January 13, 2020

2019

EROAD delivers another period of strong growth in H1 of FY20
November 22, 2019
Quarterly Operational Update - EROAD delivers strong overall growth for Q2 of FY20
October 18, 2019
EROADs North American growth trajectory
September 27, 2019
EROAD Investor Day 2019
September 23, 2019
EROAD delivers good start to FY20
July 11, 2019
EROAD’s win signals market leadership
July 1, 2019
EROAD FY2019: A year of good progress delivers double-digit growth
May 28, 2019
EROAD invests in strengthened capabilities
April 2, 2019
EROAD announces Board changes
March 29, 2019
Business update and major North American customer signed
March 1, 2019
Market Update EROAD – Unit sales for the Quarter Q3 FY19
January 23, 2019

2018

EROAD Half year 2019 announcement - EROAD 1H19: Focus on investment for next level of growth
November 26, 2018
EROAD announces new GM Human Resources
November 22, 2018
EROAD appoints Chief Marketing Officer
November 13, 2018
Graham Stuart appointed Chair of EROAD
August 22, 2018
Market Update EROAD – Unit sales for the Quarter – Q1 FY19
July 10, 2018
Resignation of Senior Manager – Jason Dale
June 6, 2018
EROAD Full year 2018 result announcement
18 May 2018
Market Update EROAD – Contracted Unit up 61.5% for the year
6 April 2018
EROAD Share Purchase Plan oversubscription confirmed
28 February 2018
EROAD Share Purchase Plan successfully closes oversubscribed
28 February 2018
EROAD Limited announces share purchase plan
8 February 2018
EROAD Market Update– Another Record Unit Sales Quarter
10 January 2018

2017

Graham Stuart joins EROAD board
21 December 2017
EROAD Welcomes Minister Fletcher’s Announcement of Heavy Vehicle Charging Initiatives
15 December 2017
EROAD Limited successfully completes equity raising
13 December 2017
EROAD Capital Raise Placement Investor Presentation 2017
12 December 2017
EROAD Half year 2018 announcement - EROAD achieves record sales in NZ and US markets
28 November 2017
EROAD selected to participate in mileage-based user fee pilot
21 November 2017
EROAD to announce half year results on 28 November 2017
20 November 2017
Market Update EROAD – Another Record Unit sales Quarter
5 October 2017
ELD mandate on track for December 2017 implementation
8 September 2017
Annual General Meeting 2017 - with speech notes
4 August 2017
Results of EROAD Annual Meeting 2017
4 August 2017
EROAD Notice of Meeting 2017
26 July 2017
Efforts to delay ELD mandate vehemently opposed
24 July 2017
Leaving CTO believes EROAD set for rapid growth
5 July 2017
Market Update EROAD - Record Unit sales for a Quarter
4 July 2017
EROAD sets new industry standard with independent verification of ELD
3 July 2017
US Supreme Court rejects ELD lawsuit
14 June 2017
Insider trader no longer works at EROAD
14 June 2017
EROAD Growth Funding Update
14 June 2017
EROAD Full year 2017 result announcement
30 May 2017
Sean Keane leaves EROAD Board
5 May 2017
EROAD to announce full year result on 30 May 2017
24 April 2017
EROAD delivers steady unit growth and signals result
24 April 2017
Improving health and safety management behind technology uptake
6 April 2017
EROAD suspends employee charged by FMA
9 March 2017
EROAD achieves US first, with registration of Electronic Logging Device
2 March 2017
EROAD launches Electronic Logging Device in US
27 February 2017
EROAD appoints Norm Ellis President of EROAD North America
6 January 2017

2016

EROAD Half year 2017 announcement
29 November 2016
US Court of Appeals denies ELD legal challenge
31 October 2016
EROAD appoints Jason Dale as Chief Financial Officer
27 October 2016
EROAD Market update
3 October 2016
Annual General Meeting 2016 - with speech notes
5 August 2016
Results of EROAD Annual Meeting 2016
5 August 2016
EROAD Notice of Meeting 2016
21 July 2016
EROAD Proxy Form 2016
21 July 2016
EROAD appoints Jarred Clayton as COO
7 July 2016
EROAD’s annual result reflects continued growth
26 May 2016
EROAD update ahead of 26 May full year results announcement
16 May 2016

2015

US Government releases final rule requiring ELDs
14 December 2015
EROAD launches Electronic Logbook to US market
11 December 2015
EROAD continues strong growth with revenue up by 55% for the half year
25 November 2015
EROAD signals lower FY16 results from accelerated US expansion
28 September 2015
NZI and EROAD join forces to reward safer driving
28 August 2015
Results of EROAD Annual Meeting 2015
7 August 2015
EROAD Proxy Form 2015
EROAD receives Callaghan R&D Growth Grant
31 July 2015
EROAD Notice of Meeting 2015
22 July 2015
EROAD Annual Result on Track, Compelling Outlook for US
28 May 2015
EROAD reaches 25,000 connections or “Units on Depot”
14 May 2015

2014

EROAD first half-year result on track
25 November 2014
EROAD exemplifies NZ technology’s ‘sweet spot’, says new director
13 May 2014

View all EROAD news

Board of Directors

Graham Stuart

Chairman, Member of Remuneration, Talent and Nomination Committee and Member of Finance, Risk and Audit Committee

Graham joined the EROAD Board in January 2018 and was appointed Chairman in August of the same year. He was previously CEO of Sealord Group, CFO then Director of Strategy & Growth at Fonterra and has had extensive business experience in South East Asia, Europe, the UK and Latin America.

Tony Gibson

Independent Director, Chairman of the Remuneration, Talent and Nomination Committee and Member of Finance, Risk and Audit Committee

Tony is the Chief Executive of Ports of Auckland and one of New Zealand’s most experienced transport professionals. He has worked in various senior management roles in Africa, Asia and Europe. In 2008 the Minister of Transport appointed him to the Road User Review Group. Tony joined the Board in October 2009.

Susan Paterson

Independent Director, Chair of the Finance, Risk and Audit Committee, Member of Remuneration, Talent and Nomination Committee

Susan joined the Board in March 2019. She is an appointed Officer of New Zealand Order of Merit (services to governance) and currently chairs Steel and Tube Holdings and IT consultancy Theta Systems. She is a director of the boards of the Electricity Authority, Arvida Group, Goodman New Zealand, Les Mills Holdings and Sky Network Television.

Steven Newman

Executive Director / CEO

Steven has been EROAD’s chief executive and a member of the EROAD Board since 2007. He co-founded Navman where his COO and CEO roles provided the opportunity for him to establish Navman as a leading international brand delivering annual sales in excess of NZ $500m.

Barry Einsig

Independent Director, Member of Remuneration, Talent and Nomination Committee

Barry joined the Board in January 2020. Located in Pennsylvania, Barry brings considerable transport knowledge of the North American market as well as global automated and connected vehicle expertise. He is currently a principal at CAVita, has held other directorships within the transport industry and has advised Singapore’s Ministry of Transportation on their Highly Automated Vehicle Program. In addition, Mr Einsig has reviewed work undertaken by the Transportation Research Board and created patent-approved technology used in Public Safety Networks.

Corporate Governance

EROAD’s Board and management are committed to ensuring that the Company adheres to best practice governance polices. The Board regularly reviews the Company’s governance structures to ensure that they are consistent with prevailing best practice. The Company is listed on the New Zealand stock exchange (NZX).

Corporate governance principles and policies have been adopted consistent with the NZX Listing Rules relating to corporate governance, the NZX Corporate Governance Best Practice Code. The governance policies for the Company consist of various charters and policies.