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Financial News Releases

  • 5/28/15 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 R12.0907 per $1.00, which was the R/$ exchange rate reported by Oanda.com as at March 31, 2015.

    Fourth quarter and fiscal year highlights:

    • Subscribers increased by 14% year on year, bringing the total to over 512,000 subscribers
    • Fourth quarter subscription revenue of R266 million ($22 million), grew 14% year over year
    • Fourth quarter Adjusted EBITDA of R84 million ($7 million), representing a 23% margin
    • Fiscal year subscription revenue of R998 million ($83 million), grew 17% year over year
    • Fiscal year Adjusted EBITDA of R275 million ($23 million), representing a 20% margin
    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 fourth quarter and full fiscal year 2015, which ended March 31, 2015. "We have closed out fiscal year 2015 with solid revenue growth, strong profitability and excellent cash flow. We grew subscription revenue 17%, posted a 20% Adjustedmore...
  • 4/23/15 4:15 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, today announced it will report its fourth quarter and full fiscal year 2015 results for the period ended March 31, 2015 before the U.S. financial markets open on Thursday, May 28, 2015. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 2:00 p.m. (more...
  • 4/20/15 6:00 am EDT
    MiX Telematics Limited, a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in over 120 countries, today issued a further cautionary announcement. Shareholders are referred to the cautionary announcement released on SENS on 5 March 2015 and are advised that MiX Telematics continues to investigate strategic alternatives relating to the company. Accordingly, shareholders are advised tomore...
  • 3/5/15 11:15 am EST
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics Limited, a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in over 120 countries, today issued a cautionary announcement. Shareholders are advised that MiX Telematics is in the process of investigating strategic alternatives relating to the company, the full impact of which may have a material effect on the price of the company’s securities. Accordinglymore...
  • 2/24/15 9:15 am 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 and Chief Operating Officer, Charles Tasker, will present at the Raymond James 36th Annual Institutional Investors Conference in Orlando. MiX Telematics’ presentation is scheduled for Tuesday, March 3, 2015 at 4:00 p.m. Eastern Time and will be webcastmore...