EROAD Sees No Material Impact of US Tariffs on Earnings, Revenue

MT Newswires Live
04-15

EROAD (ASX:ERD, NZE:ERD) does not expect any material impact of the US' 10% blanket tariffs on its revenue or earnings, according to a Tuesday filing with the Australian and New Zealand bourses.

The company said it generates 44% of its revenue from the US market, with roughly 88% being from services not subject to the US import tariffs.

The software-as-a-service provider produces most of its hardware products through manufacturers in Indonesia, the Philippines, and Vietnam, per the filing.

EROAD's fiscal year ended on March 31, prior to the tariffs disclosure. The earnings report for the year is set for release on May 26.

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