EROAD (ERDLF) has released an update.
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EROAD Limited reports a positive shift in its financials for the first half of FY25, with free cash flow turning positive and revenue climbing by 8% to NZ$95.9 million. The transportation tech company has secured key enterprise contracts and launched a partnership with Geotab to enhance its product offerings, signaling a strong position for future growth. Despite economic challenges, EROAD remains committed to disciplined execution and innovation, maintaining confidence in achieving its full-year financial targets.
For further insights into ERDLF stock, check out TipRanks’ Stock Analysis page.
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