MIXT - Earnings announcements

Third Quarter Highlights: Net subscriber additions of 52,400, bringing the total base to over 1,142,000 subscribers Total revenue of $39.1 million, up 6% year-over-year (constant currency) Subscription revenue of $33.7 million, up 6% year-over-year (constant currency) Net income of $1.5 million Adjusted EBITDA up 13% year-over-year to $9.5 million, at an adjusted EBITDA margin of 24.4% (up 220 basis points from the prior year) Cash and cash equivalents of $25.4 million at quarter end MiX Telematics Limited ("MiX Telematics" or the "Company") (NYSE:MIXT, JSE: MIX))), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today a

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a global SaaS leader of connected fleet management solutions, will hold a conference call on Thursday, February 1, 2024, at 8:00 a.m. Eastern time and 3:00 p.m. South African time to discuss its financial results for the third quarter of fiscal year 2024, which ended December 31, 2023. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Thursday, February 1, 2024 Time: 8:00 a.m. Eastern time and 3:00 p.m. South African time U.S. dial-in: 1-888-886-7786

Second Quarter Highlights: Net subscriber additions of 47,400, bringing the total base to over 1,089,000 subscribers Total revenue of $37.8 million, up 12% year-over-year (constant currency) Subscription revenue of $32.4 million, up 10% year-over-year (constant currency) Net income of $0.2 million, up from the $1.2 million loss in the prior year Adjusted EBITDA up 41% year-over-year to $8.5 million, at an adjusted EBITDA margin of 22.5% (up 550 basis points from the prior year) Cash and cash equivalents of $29.5 million at quarter end Net cash provided by operating activities of $8.5 million during the quarter Free cash flow of $2.1 million generated during the quart

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a global SaaS leader of connected fleet management solutions, will hold a conference call on Wednesday, November 8, 2023, at 8:00 a.m. Eastern time and 3:00 p.m. South African time to discuss its financial results for the second quarter of fiscal year 2024, which ended September 30, 2023. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Wednesday, November 8, 2023 Time: 8:00 a.m. Eastern time and 3:00 p.m. South African time U.S. dial-in: 1-877-300-

Combination Expected to Create Top-Tier Global Provider in Mobile Asset IoT Industry with Unparalleled Artificial Intelligence Enhanced SaaS Solution Portfolio ~1.7 Million Combined Subscriber Base Expected to Provide Immediate Scale Expected to Create a Day One Business with Total Revenue of $279 Million, Including $210 Million of Recurring High-Margin SaaS Revenues and Combined Service Gross Margins of 67% In Addition to Organic Growth, Combination is Expected to Unlock Significant Annual EBITDA Expansion Within First Two Years Expected to Deliver Significant Cross-Sell and Upsell Opportunities for Powerfleet's Unity Platform, Modular Software, and AI-Driven Data Solutions into Combined Ba

First Quarter Highlights: Net subscriber additions of 40,500, bringing the total base to over 1,042,000 subscribers Total revenue of $36.4 million, up 15% year-over-year (constant currency) Subscription revenue of $32.2 million, up 16% year-over-year (constant currency) Annual recurring revenue ("ARR") of $129.5 million, up 15% year-over-year (constant currency) Net income of $1.6 million, up from $0.7 million in the prior year Adjusted EBITDA of $8.7 million, at an adjusted EBITDA margin of 23.8% (up 670 basis points from the prior year) Cash and cash equivalents of $27.1 million at quarter end MiX Telematics Limited ("MiX Telematics" or the "Company") (NYSE:MIXT) (

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, will hold a conference call on Wednesday, August 2, 2023, at 8:00 a.m. Eastern time and 2:00 p.m. South African time to discuss its financial results for the first quarter of fiscal year 2024, which ended June 30, 2023. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Wednesday, August 2, 2023 Time: 8:00 a.m. Eastern time and 2:00 p.m. South African tim

Highlights: Fourth Quarter Fiscal Year 2023: Net subscriber additions of 42,700, bringing the total base to over one million subscribers Total revenue of $36.9 million, up 12% year-over-year (constant currency) Subscription revenue of $32.5 million, up 14% year-over-year (constant currency) Annual recurring revenue ("ARR") of $129.0 million, up 15% year-over-year (constant currency) Net income of $2.3 million Adjusted EBITDA of $9.2 million, at an Adjusted EBITDA margin of 25.0% (up 280 basis points from the prior quarter) Net cash from operating activities of $9.2 million Free cash flow of $3.4 million Board increases quarterly dividend by 12.5% Fiscal Year

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, will hold a conference call on Thursday, May 25, 2023, at 8:00 a.m. Eastern time and 2:00 p.m. South African time to discuss its financial results for the fourth quarter and fiscal year 2023, which ended March 31, 2023. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Thursday, May 25, 2023 Time: 8:00 a.m. Eastern time and 2:00 p.m. South African time U

 Third Quarter Highlights: Total revenue of $37.8 million, up 14% year-over-year (constant currency) Subscription revenue of $32.5 million, up 17% year-over-year (constant currency) Annual recurring revenue ("ARR") of $131.8 million, up 17% year-over-year (constant currency) Record net quarterly organic subscriber additions of 44,600, bringing the total base to over 959,000 Net income of $2.8 million, up from $0.6 million in the prior year Adjusted EBITDA of $8.4 million, at an Adjusted EBITDA margin of 22.2% (up from $6.0 million, at an Adjusted EBITDA margin of 17.0%, in the prior quarter) Net cash from operating activities of $11.2 million Free cash flow of $5.9 million

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a leading global SaaS provider of connected fleet management solutions, will hold a conference call on Thursday, January 26, 2023, at 8:00 a.m. Eastern time and 3:00 p.m. South African time to discuss its financial results for the third quarter of fiscal 2023, which ended December 31, 2022. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Thursday, January 26, 2023 Time: 8:00 a.m. Eastern time and 3:00 p.m. South African time U.S. dial-in: 1-877-451-6

FORT WORTH, TX / ACCESSWIRE / October 31, 2022 / Askeladden Capital Management LLCOver the past three years, MiX Telematics (NYSE:MIXT) has seen organic revenue contraction (in USD terms) and a decline in EBITDA margins from 30%+ to ~17% in the most recent two quarters. At least partially due to these factors, shareholders have lost 33% (including dividend payments) over the past three years, compared to gains of 20 - 45% for market indices such as the S&P 500, Nasdaq, and Russell 2000. Management has consistently missed its internal targets of 15%+ organic revenue growth and is far off from achieving 30%+ Adj. EBITDA margins. Management attributes performance challenges to macroeconomic hea

Second Quarter Highlights: Total revenues of $35.3 million, up 8% year-over-year in constant currency Subscription revenues of $30.7 million, up 10% year-over-year in constant currency Concluded the acquisition of Trimble's Field Service Management business ("FSM") Annual recurring revenue ("ARR") of $128.4 million, up 17% year-over-year in constant currency Record organic net subscriber adds of 38,300 Ending total active subscriber base of 914,600, including 38,000 from the acquisition of FSM Cash and cash equivalents of $19.7 million at quarter end MiX Telematics Limited ("MiX Telematics" or the "Company") (NYSE:MIXT, JSE: MIX))), a leading global Software-as-a-Service ("S

MiX Telematics Limited (JSE: MIX) (NYSE:MIXT) ("MiX Telematics" or the "Company"), a leading global SaaS provider of connected fleet management solutions, will hold a conference call on Thursday, October 27, 2022, at 8:00 a.m. Eastern time and 2:00 p.m. South African time to discuss its financial results for the second quarter of fiscal 2023, which ended September 30, 2022. The results will be reported in a press release prior to the conference call. MiX Telematics management will host the conference call and simultaneous webcast, followed by a question-and-answer period. Date: Thursday, October 27, 2022 Time: 8:00 a.m. Eastern time and 2:00 p.m. South African time U.S. dial-in: 1-877-451

First Quarter Highlights: Total revenues of $35.1 million Subscription revenues of $31.0 million Annual recurring revenue ("ARR") of $123.2 million up 0.9% sequentially, on a constant currency basis Net subscriber additions of 23,200, bringing the total base to over 838,300 subscribers Net income of $0.7 million Adjusted EBITDA of $6.0 million, at a 17.1% margin Cash and cash equivalents of $24.6 million at quarter end MiX Telematics Limited ("MiX Telematics") (NYSE:MIXT, JSE:MIX))), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally acce

MiX Telematics (NYSE:MIXT), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced it will report its first quarter fiscal year 2023 results for the period ended June 30, 2022 on Thursday, July 28, 2022. 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. (South African Time) on Thursday, July 28, 2022 to discuss the Company's financial results and current business outlook. The live webcast of the call will be available at the "Investor Information" page of the Company's website, http://investor.mixtelematics.com. To access the call, dial 1-855-327-6837

Highlights: Fourth Quarter Fiscal Year 2022: Total revenues of $36.1 million Subscription revenues of $31.3 million Annual recurring revenue ("ARR") of $127.1 million up 2.8% sequentially, on a constant currency basis Net subscriber additions of 24,700, bringing the total base to 815,200 subscribers Net income of $3.5 million Adjusted EBITDA of $8.2 million, at a 22.8% margin Cash and cash equivalents of $33.7 million at quarter end Fiscal Year 2022: Subscription revenues of $123.6 million ARR of $127.1 million up 9.1%, on a constant currency basis Net income of $8.9 million Adjusted EBITDA of $31.6 million, at a 22.0% margin MiX Telematics Limited ("MiX Telematic

MiX Telematics (NYSE:MIXT), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced it will report its fourth quarter and fiscal year 2022 results for the period ended March 31, 2022 on Thursday, May 26, 2022. 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. (South African Time) on Thursday, May 26, 2022 to discuss the Company's financial results and current business outlook. The live webcast of the call will be available at the "Investor Information" page of the Company's website, http://investor.mixtelematics.com. To access the call, dial 1-877-451-

Third Quarter Highlights: Total revenues of $36.2 million Subscription revenues of $30.3 million Net subscriber additions of 20,300, bringing the total base to over 790,500 subscribers Net income of $0.6 million Adjusted EBITDA of $7.1 million, at a 19.6% margin Cash and cash equivalents of $35.9 million at quarter end MiX Telematics Limited ("MiX Telematics") (NYSE:MIXT, JSE: MIX))), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States ("GAAP"), for the third quarter of fiscal 2022, which ended December 31, 2021.

MiX Telematics (NYSE:MIXT), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, has rescheduled its release date and conference call to discuss its third quarter fiscal year 2022 results to Thursday, February 3, 2022 due to a death in the family of its Chief Executive Officer, Stefan Joselowitz, and a conflict with traveling arrangements. MiX Telematics management will host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 3:00 p.m. (South African Time) on Thursday, February 3, 2022 to discuss the Company's financial results and current business outlook. The live webcast of the call will be available at the "Investo

MiX Telematics (NYSE:MIXT), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced it will report its third quarter fiscal year 2022 results for the period ended December 31, 2021 before the U.S. financial markets open on Thursday, January 27, 2022. MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 3:00 p.m. (South African Time) on Thursday, January 27, 2022 to discuss the Company's financial results and current business outlook. The live webcast of the call will be available at the "Investor Information" page of the Company's website, http://investor.mixtelemati

Second Quarter Highlights: Total revenues of $36.1 million Subscription revenues of $30.9 million Net subscriber additions of 16,700, bringing the total base to over 770,000 subscribers Net income of $1.3 million Adjusted EBITDA of $7.9 million, at a 21.9% margin Cash and cash equivalents of $39.8 million at quarter end MiX Telematics Limited ("MiX Telematics") (NYSE:MIXT, JSE: MIX))), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States ("GAAP"), for the second quarter of fiscal 2022, which ended September 30, 2021.

MiX Telematics (NYSE:MIXT), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced it will report its second quarter fiscal year 2022 results for the period ended September 30, 2021, before the U.S. financial markets open on Thursday, October 28, 2021. 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. (South African Time) on Thursday, October 28, 2021, to discuss the Company's financial results and current business outlook. The live webcast of the call will be available at the "Investor Information" page of the Company's website, http://investor.mixtele

First Quarter Highlights: Subscription revenues of $31.1 million Net subscriber additions of 8,800, bringing the total base to over 753,000 subscribers Net income of $3.5 million Adjusted EBITDA of $8.3 million, at a 23.8% margin Net cash provided by operating activities of $4.7 million Cash and cash equivalents of $46.1 million at quarter end MiX Telematics Limited ("MiX Telematics") (NYSE:MIXT, JSE: MIX))), a leading global Software-as-a-Service ("SaaS") provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States ("GAAP"), for the first quarter of fiscal 2022, which en