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Financial News Releases

  • 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...
  • 2/12/15 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 R11.5719 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of December 31, 2014.

    Third Quarter Highlights:

    • Total subscription revenue of R253.7 million ($21.9 million), grew 15% year over year
    • Subscribers increased by 16% year over year, bringing the total to over 495,000 subscribers at December 31, 2014
    • Adjusted EBITDA of R68.4 million ($5.9 million), representing a 19% Adjusted EBITDA margin
    • Company raises guidance for subscription revenue, total revenue and Adjusted EBITDA for the full 2015 fiscal year which ends March 31, 2015.
    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 year 2015, which ended December 31, 2014. "Despite ongoing macro-economic headwinds and geopolitical unrest in key sales regions, our business continues to grow profitably. We have again posted an adjustedmore...
  • 1/15/15 4:30 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, today announced it will report its third quarter fiscal 2015 results for the period ended December 31, 2014 before the U.S. financial markets open on Thursday, February 12, 2015. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Standard Time) and 3:00 p.m. (Southmore...
  • 11/6/14 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 R11.2416 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of September 30, 2014.

    Second quarter and first half highlights:

    • Subscribers increased by 19% year over year, bringing the total to over 479,000 subscribers at September 30, 2014
    • Second quarter subscription revenue of R241.8 million ($21.5 million), grew 17% year over year
    • Second quarter Adjusted EBITDA of R70.7 million ($6.3 million), representing a 20% Adjusted EBITDA margin
    • First half subscription revenue of R478.4 million ($42.6 million), grew 19% year over year
    • First half Adjusted EBITDA of R122.7 million ($10.9 million), representing a 18% Adjusted EBITDA 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 second quarter and first half of fiscal year 2015, which ended September 30, 2014. “Relative to the first quarter, we experienced an improved demand environment and saw a 35% sequential increase in net subscriber additions. Formore...