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855-564-9835

Financial News Releases

  • 12/14/15 10:30 am EST
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are advised of the following information relating to dealings in securities by a director of major subsidiaries of MiX Telematics pursuant to the exercise of share options under the MiX Telematics Group Executive Incentive Scheme (“the Scheme”):           Name ofmore...
  • 12/7/15 10:30 am EST
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are advised of the following information relating to dealings in securities by a director of major subsidiaries of MiX Telematics:                   Name ofmore...
  • 12/1/15 4:05 pm EST
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited (NYSE:MIXT and JSE:MIX), a leading global provider of fleet and mobile asset management solutions, announced that its Chief Executive Officer, Stefan Joselowitz, will present at the Raymond James 2015 Technology Investors Conference in New York City. MiX Telematics’ presentation is scheduled for Tuesday, December 8, 2015 at 4:10 p.m. Eastern Time and will be webcast live. An archive of the presentation will bemore...
  • 11/5/15 6:00 am EST

    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 R14.0282 per $1.00, which was the R/$ exchange rate reported by Oanda.com as at September 30, 2015.

    Second quarter and first half highlights:

    • Subscribers increased by 13% year over year, bringing the total to over 540,000 subscribers at September 30, 2015
    • Second quarter subscription revenue of R285 million ($20 million), grew 18% year over year
    • First half subscription revenue of R557 million ($40 million), grew 16% year over year
    • Second quarter Adjusted EBITDA of R63 million ($5 million), representing an 18% Adjusted EBITDA margin
    • First half Adjusted EBITDA of R129 million ($9 million), representing an 18% Adjusted EBITDA margin
    • The Company has entered into a multi-year agreement with Halliburton (NYSE: HAL), to provide fleet management, safety and compliance solutions for Halliburton’s North American fleet of more than 15,000 vehicles. Roll-out of these units is expected to commence during the third quarter of fiscal 2016.
    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 second quarter and first half of fiscal year 2016, which ended September 30, 2015. “We had a very solid quarter highlighted by subscription revenue growth of 18 percent, an adjusted EBITDA margin of 18 percent and operating cashmore...
  • 11/4/15 11:13 am EST
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders of MiX are advised that, Mohammed Akoojee has resigned as an alternate non-executive director to Mark Lamberti and George Nakos has been appointed as an alternate non-executive director to Mark with immediate effect. George (38) BCom (Cum laude), CA(SA), CFA, PLD (Harvard) is currently employed as Group Corporate Finance Executive and as a member of the Executive Committee of Imperial Holdings Limited. From 2000 to 2015more...