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Financial News Releases

  • 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...
  • 8/21/13 11:36 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 first quarter fiscal 2014 results for the period ended June 30, 2013 before the U.S. financial markets open on Tuesday, September 10, 2013. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Time) September 10, 2013 to discuss themore...
  • 8/14/13 4:05 pm EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--MiX Telematics Limited (NYSE: MIXT), a leading global provider of fleet and mobile asset management solutions delivered as software as a service to customers in 112 countries, today announced that it has closed its previously announced initial public offering of 6,296,098 American Depositary Shares (“ADSs”), each representing 25 ordinary shares of the Company, at a price to the public of $16.00 per ADS. In connection with the initial publicmore...