Contact: ir@mixtelematics.com

Investor Relations

Investor Relations

Stock Information

All shareholders have the ability, upon request, to receive a hard copy of the audited financial statements free of charge.

About MiX

MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in more than 120 countries. The company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners world-wide. 

Most Recent Financial News Release

  • 1/31/19 6:00 am EST

    An explanation of non-IFRS measures used in this press release is set out in the Non-IFRS financial measures section of this press release. A reconciliation of these non-IFRS measures to the most directly comparable IFRS measures is provided in the financial tables that accompany this release.

    References in this announcement to “R” are to South African Rand and references to “U.S. Dollars” and “$” are to United States Dollars. Unless otherwise stated MiX Telematics has translated U.S. Dollar amounts from South African Rand at the exchange rate of R14.3960 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of December 31, 2018.

    Third quarter fiscal 2019:

    • Subscription revenue of R439 million ($30.5 million), up 16% year over year on a constant currency basis
    • Net subscriber additions of 22,100, bringing the total subscriber base to over 736,000, up 11% year over year
    • Operating profit of R87 million ($6.0 million), up 63% year over year
    • Adjusted EBITDA of R156 million ($10.8 million), up 36% year over year
    • Adjusted EBITDA margin of 30.3%, up 440 basis points year over year
    • Net cash generated from operating activities of R133 million ($9.2 million)
    • Free cash flow of R60 million ($4.2 million), up from R17 million ($1.2 million) compared to the third quarter of fiscal 2018

    Company raises full-year guidance:

    • Subscription revenue - R1,693 million to R1,701 million ($124.1 million to $124.6 million)
    • Total revenue - R1,951 million to R1,969 million ($143.0 million to $144.3 million)
    • Adjusted EBITDA - R571 million to R584 million ($41.8 million to $42.8 million)
    • Adjusted earnings per diluted ordinary share of 36.4 to 38.6 South African cents. At a ratio of 25 ordinary shares to one ADS, this equates to adjusted earnings per diluted ADS of 66.7 to 70.7 U.S. cents. Refer to the Business Outlook section below.
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE: MIXT, JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (“SaaS”), today announced financial results for its third quarter of fiscal 2019, which ended December 31, 2018. “In Q3, MiX Telematics delivered another strong quarter, evidenced by 16% year over year subscription revenue growth, and Adjusted EBITDAmore...

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