Full Year 2020 EROAD Ltd Earnings Call Transcript
Thank you for standing by. And welcome to the EROAD FY '20 Annual Results Conference Call. (Operator Instructions) On the call today, we have Mr. Steven Newman, CEO; and Mr. Alex Ball, CFO.
With that, I would now like to hand the conference over to Mr. Steven Newman. Please go ahead.
Good morning, everybody. It's my pleasure along with Alex to present the full year results for EROAD for FY '20. We will be working through the investor pack we released this morning along with the annual report and NZX announcement.
We will start. On Page 2, as we were starting -- during FY '20, we made good progress in delivering strong revenue and EBITDA growth. Revenue grew 32% to $81.2 million, with strong contributions coming from both our U.S. and New Zealand markets. EBITDA growth year-on-year was 73%, going to $27.1 million. The most pleasing was to see EBITDA margin increased year-on-year, 31%, to a margin of 32% (sic) [33%]. This growth in revenue and operational leverage allowed EROAD to make
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