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Update: Eroad Swings to Fiscal 2026 Loss, Posts Higher Revenue; Shares Fall 4%

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(Updates to add stock movement in the headline and last paragraph)

Eroad (ASX:ERD, NZE:ERD) reported Monday that it swung to a loss of NZ$0.8582 per share in the fiscal 2026 from a profit of NZ$0.0073 a year earlier.

Revenue for the 12 months ended March 31 was NZ$195.2 million, compared with NZ$194.4 million a year earlier.

The company expects fiscal 2027 performance to be driven by its core ANZ markets, with New Zealand providing stable, cash-generative low single-digit growth and Australia delivering strong enterprise-led expansion with double-digit growth.

The company's shares fell by around 4% and 2% on the New Zealand and Australian exchanges, respectively, in Monday's trading session.

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