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Financial News Releases

  • 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...
  • 10/23/14 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 second quarter fiscal 2015 results for the period ended September 30, 2014 before the U.S. financial markets open on Thursday, November 6, 2014. 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...
  • 10/21/14 4:05 pm EDT
    BOCA RATON, Fla. & SALT LAKE CITY--(BUSINESS WIRE)--MiX Telematics North America, Inc. and inthinc Technology Solutions, Inc., providers of fleet management and driver safety solutions, today announced that they have resolved all legal disputes between them involving MiX's hiring of Charles "Skip" Kinford as CEO of the MiX Americas business. The terms of the settlement reached by the parties are confidential. About MiX Telematics Limited MiX Telematics is a leading globalmore...
  • 8/8/14 9:05 am 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 Executive Officer, Stefan Joselowitz and Chief Financial Officer, Megan Pydigadu, will present at the Canaccord Genuity 34th Annual Growth Conference in Boston. MiX Telematics’ presentation is scheduled for Wednesday, August 13, 2014 at 3:30 p.m. Eastern Time and will be webcast livemore...
  • 8/8/14 9:00 am 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 Executive Officer, Stefan Joselowitz and Chief Financial Officer, Megan Pydigadu, will present at the Oppenheimer 17th Annual Technology, Internet & Communications Conference in Boston. MiX Telematics’ presentation is scheduled for Tuesday, August 12, 2014 at 3:05 p.m. Eastern Time andmore...