News

Market Update EROAD - Record Unit sales for a Quarter

Transport technology services company EROAD today released its quarterly update on unit sales numbers showing strong growth, for the three months ended June 2017.

Total Contracted Units* 
Total at Mar-17 
48,041 
Total at Jun-17 
52,452 
Units added in quarter 
4,411 
% growth in quarter 
9.2% 
% growth annualised 
36.7%

Established Market (Australia/New Zealand) 
Total at Mar-17 
41,939 
Total at Jun-17 
45,029 
Units added in quarter 
3,090 
% growth in quarter 
7.4% 
% growth annualised 
29.5%

Commercial Market (US) 
Total at Mar-17 
6,102 
Total at Jun-17 
7,423 
Units added in quarter 
1,321 
% growth in quarter 
21.6% 
% growth annualised 
86.6%

*Total Contracted Units is a non GAAP-measure used by EROAD which represents the total units subject to a customer contract and includes both Units on Depot and units pending installment.

Total Contracted Units growth in the quarter represents the single biggest growth in units for a quarter in EROAD’s history. Unit sales in the US for the first quarter of FY18 represents 86% of the total sales for FY17.

Download the media statement