EROAD Limited

NZSE:ERD Stock Report

Market Cap: NZ$187.3m

EROAD Management

Management criteria checks 0/4

EROAD's CEO is Mark Heine, appointed in Oct 2025, has a tenure of less than a year. total yearly compensation is NZ$1.15M, comprised of 66.9% salary and 33.1% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth NZ$566.65K. The average tenure of the management team and the board of directors is 0.8 years and 2.2 years respectively.

Key information

Mark Heine

Chief executive officer

NZ$1.1m

Total compensation

CEO salary percentage66.95%
CEO tenureless than a year
CEO ownership0.3%
Management average tenureless than a year
Board average tenure2.2yrs

Recent management updates

Recent updates

Analysis Article • Feb 13

Benign Growth For EROAD Limited (NZSE:ERD) Underpins Stock's 28% Plummet

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 28% in the last month...
Analysis Article • Dec 12

Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 34% Price Drop

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 34% in the last month...
Analysis Article • Dec 01

EROAD (NZSE:ERD) May Have Issues Allocating Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Oct 17

EROAD Limited's (NZSE:ERD) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

EROAD Limited ( NZSE:ERD ) shares have retraced a considerable 33% in the last month, reversing a fair amount of their...
Analysis Article • Aug 07

EROAD Limited's (NZSE:ERD) 42% Share Price Surge Not Quite Adding Up

NZSE:ERD 1 Year Share Price vs Fair Value Explore EROAD's Fair Values from the Community and select yours EROAD Limited...
Analysis Article • Jul 29

There Are Reasons To Feel Uneasy About EROAD's (NZSE:ERD) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Apr 17

Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 28% Price Drop

To the annoyance of some shareholders, EROAD Limited ( NZSE:ERD ) shares are down a considerable 28% in the last month...
Analysis Article • Nov 08

Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • May 03

Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 30

EROAD Limited's (NZSE:ERD) Intrinsic Value Is Potentially 46% Above Its Share Price

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of EROAD Limited...
Analysis Article • Jan 25

Does EROAD (NZSE:ERD) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 14

Calculating The Fair Value Of EROAD Limited (NZSE:ERD)

In this article we are going to estimate the intrinsic value of EROAD Limited ( NZSE:ERD ) by taking the expected...
Analysis Article • Jul 23

We Take A Look At Why EROAD Limited's (NZSE:ERD) CEO Compensation Is Well Earned

It would be hard to discount the role that CEO Steven Newman has played in delivering the impressive results at EROAD...

CEO Compensation Analysis

How has Mark Heine's remuneration changed compared to EROAD's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026NZ$1mNZ$767k

-NZ$161m

Dec 31 2025n/an/a

-NZ$151m

Sep 30 2025n/an/a

-NZ$141m

Jun 30 2025n/an/a

-NZ$70m

Mar 31 2025NZ$940kNZ$701k

NZ$1m

Dec 31 2024n/an/a

NZ$250k

Sep 30 2024n/an/a

-NZ$900k

Jun 30 2024n/an/a

-NZ$850k

Mar 31 2024NZ$1mNZ$717k

-NZ$800k

Dec 31 2023n/an/a

-NZ$3m

Sep 30 2023n/an/a

-NZ$5m

Jun 30 2023n/an/a

-NZ$4m

Mar 31 2023NZ$883kNZ$723k

-NZ$3m

Compensation vs Market: Mark's total compensation ($USD666.69K) is above average for companies of similar size in the NZ market ($USD410.48K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.

CEO

Mark Heine

less than a year
Tenure
NZ$1,146,039
Compensation

Mr. Mark Heine serves as an Executive Vice President and Company Secretary at EROAD Limited since April 08, 2022, serves as its Chief Executive Officer since October 31, 2025 and served as its CEO since Ap...

Leadership Team

NamePositionTenureCompensationOwnership
John Scott
Executive Chair1.3yrsNZ$307.91k0.058%
NZ$ 108.6k
Mark Heine
CEO, Executive VP & Company Secretaryless than a yearNZ$1.15m0.30%
NZ$ 566.6k
Ciara McGuigan
Chief Finance Officerless than a yearno datano data
Aaron Latimer
Chief Operating Officerno datano datano data
Andrew Corbett
Chief Technology Officerno datano datano data
Jason Kepecs
Executive Officer of Investor Relationsno datano datano data
Ksenija Chobanovich
General Counsel & Company Secretary4.3yrsno datano data
Mark Davidson
Executive Vice President of Sales & Marketing2.3yrsno datano data
Emma Murphy
Chief People Officerless than a yearno datano data
Matthew Dalton
Chief Customer Officerno datano datano data
Tracey Herman
Executive Vice President of Finance - North America2.9yrsno datano data
Jeremy Wilton
Executive Vice President of Product & Engineering-Deviceno datano datano data
0.8yrs
Average Tenure

Experienced Management: ERD's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
John Scott
Executive Chair1.3yrsNZ$307.91k0.058%
NZ$ 108.6k
Ryan Brosnahan
Non-Executive Director & Chief Transformation Officerless than a yearno data0.090%
NZ$ 168.6k
Susan Paterson
Independent Director7.3yrsNZ$146.19k0.096%
NZ$ 179.6k
Sara Gifford
Independent Director4.3yrsNZ$167.40k0.20%
NZ$ 367.7k
David Green
Lead Independent Director3yrsNZ$132.37k0.097%
NZ$ 182.1k
Ian Whiting
Non-Executive Directorless than a yearno datano data
2.2yrs
Average Tenure

Experienced Board: ERD's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/15 01:09
End of Day Share Price 2026/07/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EROAD Limited is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen HumphriesCanaccord Genuity
Guy Edward HooperJarden Limited
Sinclair CurrieMA Moelis Australia Securities Pty Ltd