# EROAD LIMITED

> Australian public company

**Wikidata**: [Q109626990](https://www.wikidata.org/wiki/Q109626990)  
**Source**: https://4ort.xyz/entity/eroad-limited

## Summary
EROAD LIMITED is an Australian public company listed on the Australian Securities Exchange. It is a publicly traded entity, meaning its securities are available for purchase by the general public. The company had a market capitalization of approximately 477 million Australian dollars as of November 18, 2021.

## Key Facts
- EROAD LIMITED is an instance of a public company, a corporation that offers its securities for sale to the general public.
- Its official name is EROAD LIMITED.
- The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol 'ERD'.
- Its listing on the ASX commenced on September 18, 2020.
- As of November 18, 2021, the company's market capitalization was 477,347,192 Australian dollars.

## FAQs
**What is EROAD LIMITED and how is it structured?**
EROAD LIMITED is an Australian public company, which is a specific legal form of organization distinguished by its ability to have its shares traded openly on a public market. This structure allows it to raise capital from a wide pool of investors.

**On which stock exchange is EROAD LIMITED traded?**
EROAD LIMITED is listed on the Australian Securities Exchange. Its shares began trading under the ticker symbol 'ERD' on September 18, 2020.

## Why It Matters
As a public company, EROAD LIMITED plays a role in the modern economic framework by utilizing a structure designed for large-scale capital formation. This status provides a mechanism for public investment and liquidity, contributing to the broader financial ecosystem. The company's adherence to regulatory disclosure requirements for listed entities promotes transparency for its shareholders and the market.

## Notable For
- Being a publicly traded company on the Australian Securities Exchange.
- Its specific market valuation of 477,347,192 Australian dollars as of a recorded point in time.

## Body

### Corporate Classification and Status
EROAD LIMITED is classified as a public company. This distinguishes it from a private company, as its shares are traded on a public market, allowing any member of the general public to become an owner. This status involves specific regulatory obligations, including public financial reporting.

### Stock Exchange Listing
EROAD LIMITED is listed on the Australian Securities Exchange (ASX). The company's ticker symbol is 'ERD', and its listing became effective on September 18, 2020. This listing provides the mechanism through which the company's securities are offered to and traded by the general public.

### Financial Snapshot
A key financial metric for the company is its market capitalization, which represents the total market value of the company's outstanding shares. As of November 18, 2021, EROAD LIMITED's market capitalization was recorded as 477,347,192 Australian dollars.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)