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Financial News Releases

  • 2/6/14 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 R10.4675 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of December 31, 2013.

    Third Quarter Highlights:

    • Total subscription revenue of R220 million ($21.0 million), grew 25% year over year
    • Total vehicles under subscription increased by 26% year over year, bringing the total to over 428,500 subscribers at December 31, 2013
    • Adjusted EBITDA of R66 million ($6.3 million), representing a 21% Adjusted EBITDA margin
    • Company raises guidance for subscription revenue and reiterates guidance for total revenue, Adjusted EBITDA and earnings per share, for the full 2014 fiscal year.
    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 2014, which ended December 31, 2013. “We are pleased to report strong third quarter results, which were highlighted by 25% year over year growth in subscription revenue. Our focus on sellingmore...
  • 1/15/14 9:30 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, today announced it will report its third quarter fiscal 2014 results for the period ended December 31, 2013 before the U.S. financial markets open on Thursday, February 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...
  • 11/7/13 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 R10.1012 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of September 30, 2013.

    Second Quarter Highlights:

    • Total subscription revenue of R207 million ($20.5 million), grew over 25% year on year
    • Total vehicles under subscription increased by 28% year over year, bringing the total to over 404,000 subscribers at September 30, 2013
    • Total revenue of R315 million ($31.2 million), grew 11% year over year
    • Adjusted EBITDA of R67 million ($6.6 million), representing a 21% Adjusted EBITDA margin
    • In August 2013, the Company raised R650 million ($65.5 million) in proceeds before expenses through the initial public offering of ADRs on the NYSE
    • Company raises guidance for subscription revenue, and reiterates guidance for total revenue, Adjusted EBITDA and earnings per share, for the full year fiscal 2014
    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 2014, each of which ended September 30, 2013. “We are pleased to report strong second quarter results, which were highlighted by 25% subscription revenue growth and over 27,000more...
  • 10/10/13 9:55 am EDT
    BOCA RATON, Fla. & 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 half year and second quarter fiscal 2014 results for the period ended September 30, 2013 before the U.S. financial markets open on Thursday, November 7, 2013. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. Eastern Time (3:00 p.m. Southmore...
  • 9/10/13 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 R9.9655 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of June 30, 2013.

    • Total subscription revenue of R194.2 million ($19.5 million), grew 22% year over year
    • Total vehicles under subscription increased by 29% year over year, bringing the total to over 376,900 subscribers at June 30, 2013
    • Total revenue of R298.4 million ($29.9 million), grew 6% year over year
    • Adjusted EBITDA of R65.2 million ($6.5 million), representing a 22% Adjusted EBITDA margin
    • In August 2013, the Company raised R652.5 million ($65.5 million) in proceeds before expenses through the initial public offering of ADSs on the NYSE
    BOCA RATON, Fla. & MIDRAND, South Africa--(BUSINESS WIRE)--MiX Telematics (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 2014, which ended June 30, 2013. “We are pleased with our first quarter fiscal 2014 results, which were highlighted by an acceleration in our subscription revenue growth to 22% as well as a 29% increase in vehiclesmore...