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Contact: ir@mixtelematics.com
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Financial News Releases

  • 8/3/17 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 R13.0535 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of June 30, 2017.

    First Quarter Highlights:

    • Subscription revenue of R335 million ($25.7 million), up over 15% on a constant currency basis
    • Operating profit of R43 million ($3.3 million), up 88% year over year
    • Adjusted EBITDA of R94 million ($7.2 million), up 55% year over year
    • Adjusted EBITDA margin of 23.1% continues the quarterly improvement trend that was observed throughout the prior year. Reported Adjusted EBITDA margins were as follows: Q1 2017 15.9%, Q2 2017 18.0%, Q3 2017 21.9%, Q4 2017 22.3%, Q1 2018 23.1%
    • Total subscriber base of 625,600, up 8% year over year
    • Company raises quarterly dividend to 2.5 South African cents per ordinary share (4.8 U.S. cents per American Depositary Share)
    • Company raises full year guidance for Adjusted EBITDA to R375 million to R395 million ($28.6 million to $30.1 million) and Adjusted earnings per diluted share to 19.7 to 21.8 South African cents. At a ratio of 25 ordinary shares to one ADS, this equates to adjusted earnings per diluted ADS of 38 to 42 U.S. cents. Reiterates guidance for subscription revenue and total revenue, for full fiscal 2018 year. Refer to the Business Outlook section below.
    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 2018, which ended June 30, 2017. “We have booked a solid start to our new fiscal year.  In particular, we enjoyed strong performance from our premium fleet portfolio globally which resulted in a return tomore...
  • 7/26/17 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 delivered as Software-as-a-Service ("SaaS"), announced that its Chief Executive Officer, Stefan Joselowitz, will present at the following investor conferences: Oppenheimer 20th Annual Technology, Internet & Communications Conference in Boston on Tuesday, August 8, 2017 at 11:45 a.m. ET (5:45more...
  • 7/17/17 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 delivered as Software-as-a-Service ("SaaS"), today announced it will report its first quarter fiscal 2018 results for the period ended June 30, 2017 before the U.S. financial markets open on Thursday, August 3, 2017. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Easternmore...
  • 7/14/17 12:30 pm EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX shareholders are advised that the Company has on Friday, July 14, 2017 filed its U.S. annual report on Form 20-F with the SEC. A copy of the annual report filed on Form 20-F with the SEC can be viewed on the Company’s website, www.mixtelematics.com under Investor Information – SEC filings. Hard copies of the completed audited financial statements, free of charge, are available to our shareholders upon request. This can bemore...
  • 6/8/17 9:00 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"), announced that its Chief Executive Officer, Stefan Joselowitz, will present at the William Blair 37th Annual Growth Stock Conference in Chicago. MiX Telematics’ presentation is scheduled for Tuesday, June 13, 2017 at 3:30 p.m. Central Time (10:30 p.m. South African Time) andmore...