Operating Expenses - EROAD Ltd (NZX:ERD) - Alpha Spread

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EROAD Ltd
Operating Expenses

Last Value

3-Years 3-Y CAGR

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EROAD Ltd
Operating Expenses Peer Comparison

IKE

Company		Operating Expenses	CAGR 3Y	CAGR 5Y	CAGR 10Y
	EROAD Ltd NZX:ERD	Operating Expenses -NZ$177.3m	CAGR 3-Years -29%	CAGR 5-Years -26%	CAGR 10-Years N/A
	Ikegps Group Ltd NZX:IKE	Operating Expenses -NZ$26.7m	CAGR 3-Years -25%	CAGR 5-Years -20%	CAGR 10-Years N/A

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Based on the financial report for Sep 30, 2023, EROAD Ltd's Operating Expenses amounts to -177.3m NZD.

Over the last year, the Operating Expenses growth was -12%. The average annual Operating Expenses growth rates for EROAD Ltd have been -29% over the past three years , -26% over the past five years .

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