EROAD is a New Zealand tech company that specialises in tolling technology and services. If you want to find out how to buy EROAD shares (ERD) on the NZX, keep reading for step-by-step instructions on what you need to do.
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Founded in 2000, EROAD is a New Zealand-based company that aims to find technology-based solutions for road user charging systems. It implemented New Zealand’s GNSS/cellular-based road charging system in 2009, and the company’s vision is to solve complex transportation problems.
EROAD designs and manufactures in-vehicle hardware and operates payment gateways for road charging systems. Other services it offers include health and safety compliance for road transport as well as fleet management and asset tracking systems.
EROAD shares are listed on both New Zealand’s Exchange (NZX) and the Australian Securities Exchange (ASX).
In its FY21 annual report, released in May 2021, EROAD announced the following key financial results to its shareholders:
|Name||EROAD Limited||Industry||Transport Technology & Services|
|Type||Ordinary Shares||Date listed on NZX||15 Aug 2014|
|End of financial year||March||Chief executive officer||Steven Newman|
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