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Financial News Releases

  • 8/4/16 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 R14.7838 per $1.00, which was the R/$ exchange rate reported by Oanda.com as of June 30, 2016.

    First Quarter Highlights:

    • Subscription revenue of R306 million ($21 million), grew 13% year over year
    • Subscribers increased by 10% year over year, bringing the total to 578,000 subscribers at June 30, 2016
    • Operating profit of R23 million ($2 million), representing a 6% margin
    • Adjusted EBITDA of R60 million ($4 million), representing a 16% Adjusted EBITDA margin
    • Company maintains guidance for Subscription revenue, Total revenue and Adjusted EBITDA for the full 2017 fiscal year which ends March 31, 2017
    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 2017, which ended June 30, 2016. “We sustained double digit revenue growth within our guidance range, double digit Adjusted EBITDA margins and solid operating cash flow in the first quarter of fiscal yearmore...
  • 8/1/16 12:45 pm EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--Shareholders are referred to the announcement released on SENS on June 14, 2016 wherein shareholders were advised that MiX had posted a circular, together with a notice convening a general meeting, to shareholders relating to the proposed specific repurchase of shares by MiX from Imperial Corporate Services Proprietary Limited. Shareholders are advised that at the general meeting of MiX shareholders, held on Monday, August 1, 2016, allmore...
  • 7/27/16 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, announced that its Chief Executive Officer, Stefan Joselowitz and Chief Operating Officer, Charles Tasker, will present at the following investor conferences: Oppenheimer 19th Annual Technology, Internet & Communications Conference in Boston on Tuesday, August 9, 2016 at 2:25 p.m. ET. Themore...
  • 7/14/16 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, today announced it will report its first quarter fiscal 2017 results for the period ended June 30, 2016 before the U.S. financial markets open on Thursday, August 4, 2016. 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...
  • 7/5/16 9:00 am EDT
    MIDRAND, South Africa--(BUSINESS WIRE)--MiX shareholders are advised that the Company has on Wednesday, 29 June 2016, 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 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...