About Wellington Drive Technologies
Wellington Drive Technologies is a publicly listed company based in Auckland (New Zealand) founded in 1986. IoT solutions for commercial refrigeration fleets are provided. The company has 13 employees. Wellington Drive Technologies offers products and services including AoFrio iQ and SCS 800 Cellular Controller. Its legal entity is AoFrio Limited.
Company details
Founded in 1986 in Auckland, New Zealand, Wellington Drive Technologies operates in the IoT sector focused on commercial refrigeration. A connected ecosystem is offered for fleet optimization, energy efficiency improvements, and CO emissions reductions. Real-time energy analytics and AI-driven insights are provided, along with remote monitoring, control, and performance tools via cellular connectivity. Efficient refrigeration motors are also manufactured, supporting fleet management and maintenance services.
- Annual Revenue$47.96 M (USD)4.39as on Dec 31, 2025
- Net Profit-$1.2 M (USD)-10.96as on Dec 31, 2025
- EBITDA$1.66 M (USD)38.97as on Dec 31, 2025
- Latest Funding Round$1.02M (USD), Debt – Conventional
Jan 2019
- InvestorsHunter Hall
& 2 more
- Employee Count13
Products & Services of Wellington Drive Technologies
Wellington Drive Technologies offers a comprehensive portfolio of products and services, including AoFrio iQ and SCS 800 Cellular Controller.
End-to-end solutions for transforming cold drink equipment fleets are provided through real-time alerts and remote management to optimize profitability and control costs in commercial settings.
Cellular controllers with 4G LTE connectivity and daily insights are offered to enable reliable remote management and service alerts for refrigeration fleets.
Apps and channels of Wellington Drive Technologies
its YouTube channel AoFrio Ltd has 179 subscribers and 30 videos.
Videos from Wellington Drive Technologies
The most watched videos on Wellington Drive Technologies's YouTube channel, AoFrio Ltd (179 subscribers). Click a video to play it here.
More on AoFrio Ltd.
Funding Insights of Wellington Drive Technologies
- Total Rounds 4
- Last Round Debt – Conventional — $1.02M
- First Round $3.15M
(Feb 2005)
- Investors Count 3
All 4 funding rounds of Wellington Drive Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $1.02M | Debt – Conventional | – | – | |
| Mar 2013 | $4M | Post-IPO | – | – | |
| Sep 2010 | $7.7M | Post-IPO | – | – | – |
| Feb 2005 | $3.15M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in Wellington Drive Technologies
Wellington Drive Technologies has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Hunter Hall, Bank of New Zealand and SuperLife.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operates as a commercial bank, offering deposits, loans, and payment services to customers. | 1861 | bnz.co.nz | Auckland, New Zealand | |
SuperLife is recognized as a KiwiSaver provider with low fees in New Zealand. | superlife.co.nz | Auckland, New Zealand | ||
Diversified investment management is provided by Hunter Hall in Australia. | 1993 | hunterhall.com.au | Sydney, Australia |
Investor details for Wellington Drive Technologies
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IPO & Listings of Wellington Drive Technologies
Wellington Drive Technologies is a publicly listed company on the NZX with ticker symbol AOF in New Zealand, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 May 2002
- Listed onNZX: AOF
- Listed entityAoFrio Limited
- Exchange sectorProducer manufacturing
- ISINNZWDTE0002S1
- Share price0.05 NZD (-1.89% on the day) · 2026-10-14
- Market capitalisation29,818,798.00 NZD
- EPS (diluted, trailing year)-0.01 NZD
- Volume (last session)105,202
Financials of Wellington Drive Technologies
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 83.2M NZD | -2.1M NZD | 2.9M NZD |
| 2024 | 79.7M NZD | -1.9M NZD | 2.1M NZD |
| 2023 | 66.5M NZD | -3.5M NZD | 226,000 NZD |
| 2022 | 74.3M NZD | 3.3M NZD | 1.7M NZD |
| 2021 | 64.2M NZD | 5.4M NZD | 2.8M NZD |
Detailed financial statements for Wellington Drive Technologies
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Timeline of Wellington Drive Technologies
4 dated milestones of Wellington Drive Technologies across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Wellington Drive Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $3.1M.
- Funding Latest funding round, Debt – Conventional, of $1.0M.
Web traffic of Wellington Drive Technologies
Websites that share an audience with Wellington Drive Technologies (wdtl.com).
Websites whose visitors overlap most with Wellington Drive Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mavib.com | mavib.com | 100% | – | ||
gardenshed.co.nz | gardenshed.co.nz | 99% | – | ||
 yorkcentraltechtalk.wordpress.com | yorkcentraltechtalk.wordpress.com | 98% | #1,914,930 | – | |
ebmpapst.com.au | ebmpapst.com.au | 97% | – | ||
axair-fans.co.uk | axair-fans.co.uk | 96% | #3,903,428 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Wellington Drive Technologies
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Related news about Wellington Drive Technologies
Complete news archive for Wellington Drive Technologies
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Frequently Asked Questions about Wellington Drive Technologies
Wellington Drive Technologies was founded in 1986 and raised its 1st funding round 19 years after it was founded.
Wellington Drive Technologies is headquartered in Auckland, New Zealand.
Wellington Drive Technologies has 13 employees.
Annual revenue of Wellington Drive Technologies is $47.96M as on Dec 31, 2025.
Founded in 1986 in Auckland, New Zealand, Wellington Drive Technologies operates in the IoT sector focused on commercial refrigeration. A connected ecosystem is offered for fleet optimization, energy efficiency improvements, and CO emissions reductions. Real-time energy analytics and AI-driven insights are provided, along with remote monitoring, control, and performance tools via cellular connectivity. Efficient refrigeration motors are also manufactured, supporting fleet management and maintenance services.
Wellington Drive Technologies offers AoFrio iQ and SCS 800 Cellular Controller.
Yes, Wellington Drive Technologies is publicly traded on NZX under the ticker symbol AOF.
Wellington Drive Technologies has 3 investors. Key investors include Hunter Hall, Bank of New Zealand, and SuperLife.
Wellington Drive Technologies operates through Aofrio Limited.