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Contact: ir@mixtelematics.com
855-564-9835

Financial News Releases

  • 9/16/15 6:00 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--Further to the announcement released on SENS on September 11, 2015, wherein MiX Telematics announced its intention to enter into a repurchase program shareholders are advised that MiX Telematics has cumulatively repurchased 973 954 American Depository Shares (“ADS”) (24 348 850 ordinary shares representing 3.1% of the outstanding share capital) on the New York Stock Exchange (“NYSE”) in terms of the general authority granted by shareholders onmore...
  • 9/14/15 8:30 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are advised that the MiX Telematics Board has approved a share repurchase program under which the Company may repurchase up to 40 000 000 of its ordinary shares (1 600 000 ADSs) through to March 15, 2016. The Company may repurchase its shares from time to time in its discretion through open market transactions and block trades, based on ongoing assessments of the capital needs of the Company, the market price of its securities andmore...
  • 8/26/15 5:00 am EDT

    Company confirms existing corporate strategy and reintroduces dividend policy

    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited, a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service to customers in over 120 countries, today announced that its Board of Directors has concluded its previously announced review of the Company's strategic alternatives. This extensive review, conducted with guidance from external advisors, included the optimization of capital structures and an evaluation ofmore...
  • 8/6/15 6:00 am EDT

    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 R12.2854 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of June 30, 2015.

    First Quarter Highlights:

    • Total subscription revenue of R271.8 million ($22.1 million), grew 15% year over year
    • Subscribers increased by 13% year over year, bringing the total to over 523,000 subscribers at June 30, 2015
    • Adjusted EBITDA of R65.3 million ($5.3 million), representing a 19% Adjusted EBITDA margin
    • Company maintains guidance for subscription revenue, total revenue and Adjusted EBITDA for the full 2016 fiscal year which ends March 31, 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 first quarter of fiscal year 2016, which ended June 30, 2015. "Our results for the quarter demonstrate our ability to deliver ongoing value to customers across the globe. We posted solid revenue growth, profitability and operatingmore...
  • 8/5/15 4:05 pm EDT
    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 Operating Officer, Charles Tasker and Group Financial Manager, Axel Kleyenstuber, will present at the Oppenheimer 18th Annual Technology, Internet & Communications Conference in Boston. MiX Telematics’ presentation is scheduled for Tuesday, August 11, 2015 at 3:05 p.m. Eastern Time andmore...