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Financial News Releases

  • 8/7/14 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 R10.6135 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of June 30, 2014.

    First Quarter Highlights:

    • Total subscription revenue of R236.6 million ($22.3 million), grew 22% year over year
    • Subscribers increased by 23% year over year, bringing the total to over 462,700 subscribers at June 30, 2014
    • Adjusted EBITDA of R52.0 million ($4.9 million), representing a 16% 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 first quarter of fiscal year 2015, which ended June 30, 2014. "MiX has started the year with solid sales momentum in many regions. However, first quarter net additions to our vehicles under subscription fell short of our expectationsmore...
  • 7/14/14 7:00 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, today announced it will report its first quarter fiscal 2015 results for the period ended June 30, 2014 before the U.S. financial markets open on Thursday, August 7, 2014. 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. (Southmore...
  • 7/7/14 1:43 pm EDT
    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 the appointment of Ken Jackson as Senior Vice President of Global Sales. “I am very excited to have landed Ken for this new global role. Ken brings tremendous experience running global sales efforts including aligning sales execution with strategy. We lookmore...
  • 6/5/14 6:05 am EDT
    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 the appointment of Skip Kinford as President and CEO of the MiX Americas business. “Skip has a passion for sales and operational excellence as well as a wealth of management experience. His proven capability to drive successful global sales operations at amore...
  • 6/5/14 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 R10.5953 per $1.00, which was the R/$ exchange rate reported by the South African Reserve Bank as of March 31, 2014.

    Fourth Quarter and Fiscal Year 2014 Highlights:

    • Fourth quarter subscription revenue of R232.6 million ($22.0 million) grew 24.9% year on year
    • Fourth quarter Adjusted EBITDA of R84.6 million ($8.0 million), representing a 24.3% Adjusted EBITDA margin
    • Fiscal Year subscription revenue of R853.7 million ($80.6 million) grew 24.3%
    • Fiscal Year Adjusted EBITDA of R282.2 million ($26.6 million), representing a 22.2% Adjusted EBITDA margin
    • Total vehicles under subscription increased by 25.3% in the full fiscal year 2014, bringing the total to over 450,000 subscribers at March 31, 2014
    • In the second quarter of fiscal year 2014, the Company raised R649.9 million ($65.5 million) in proceeds before expenses through the initial public offering of ADSs on the NYSE
    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 2014 which ended March 31, 2014. "We are pleased to report strong fourth quarter and year end results, which were highlighted by 25% year over year growth in subscribers and better than expectedmore...