MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers MiX Fleet Manager, a web-based application, which provides commercial fleet management solution that gives user live and historical views of driver and vehicle performance information, including vehicle tracking and status information, as well as alerts and notifications; MiX Asset Manager, a portfolio of asset tracking products comprising generators, light towers, storage tanks, and pumps; and Matrix, a mobile asset management solutions that offers real-time and historical vehicle tracking and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications for entry-level fleets and consumers. It also provides Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection, and entry-level tracking and recovery services; MiX Now, a system that helps companies monitor and manage the behavior and performance of their vehicles and drivers. It delivers fleet and mobile asset management solutions as SaaS to 815,165 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida.

MiX Telematics Limited

MiX by PowerFleet develops and implements Connected & Protected fleet telematics data and mobile asset management solutions for customers across the globe. The company creates hardware and software specific to customers' requirements and aims to build long-term partnerships.

MiX by PowerFleet

MiX Telematics is a leading global provider of connected fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to global subscribers spanning more than 120 countries. Founded in South Africa 25 years ago, the company has offices in the United Kingdom, the United States, Uganda, Brazil, Mexico, Australia, and the United Arab Emirates. It also has a network of over 130 fleet partners worldwide. MiX solutions embrace an integrated approach to telematics, delivering actionable intelligence to solve complex vehicle- and driver-related problems. The company, recognised as a top global leader in connected fleet telematics, is renowned for its innovative telematics technology and services for the consumer and commercial vehicle markets.

The commercial fleet solutions are built around a web-based software platform and mobile applications, supported by in-vehicle hardware and peripheral accessories. On-demand software services enhance vehicle performance and improve driver safety, fleet security, efficiency, sustainability, and compliance.

The consumer offering comprises stolen vehicle recovery and tracking products and services sold under the Matrix and Beame brands in South Africa. These solutions include value-added personal safety and security services such as Crash Alert, Roadside Assist, and other emergency assistance.

MiX by Powerfleet

Celebrate the long weekend with joy and good vibes! 🌼✨ Gather your loved ones and make the most of the extra time together.

Precision in every acre! 🌾✨ Leverage geolocation tracking for precise insights into your farming equipment, ensuring real-time visibility. Empower your agribusiness with unlimited access to smart data, enabling strategic decision-making. With geofencing capabilities, optimise harvesting, fertilising, and soil cultivation for unparalleled efficiency. Explore the future of precision agriculture with us.

🌐 We are proud telematics partner to Barloworld Transport – a leading provider of sustainable transport solutions for companies across sub-Saharan Africa. Leveraging MiX Telematics' technology, Barloworld Transport decreased their fuel consumption, as well as limited the number of kilometres being driven achieving a fuel saving of R341 965 in 10 months 🚗💚

MiX Telematics goes beyond telematics – it's your complete fleet solution. Enjoy the benefits of seamless connectivity, enhanced driver protection, and actionable insights for optimised fleet management and operational efficiency.

Unlock the potential of Smart Farming with our cutting-edge solutions. Harness technology to elevate efficiency and productivity in agriculture. 🚜🌐

MiX Telematics is at the forefront of revolutionising Transport & Logistics Fleet Operations. Explore what matters most in optimising efficiency and safety for your fleet. 🚛✨

MiX Telematics is committed to leaving a positive impact on our planet by enhancing fleet sustainability and reducing CO2 emissions. Learn how our innovative solutions are paving the way for cleaner roads and a greener world. #Sustainability #SustainableTech #Innovation For more, Visit https://lnkd.in/dszWvXPJ

Empower your fleet using cutting-edge mobile technology! Utilise a compatible smartphone and our app to experience the advantages of state-of-the-art Fleet Management without the need for any hardware installations. Effortlessly integrate MyMiX for a comprehensive and efficient mobile solution.

Empower your fleet safety with MiX Vision AI Essential Standalone Dashcam. Equipped with an intelligent eye, it detects diverse driver and vehicle behaviours, anticipating potential accident risks. Stay ahead of safety challenges with proactive insights.

	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23
revenue						136.15M -		126.89M -	143.29M 12.92%	143.29M 0%
cost of revenue						45.19M -		43.87M -	51.86M 18.22%	51.86M 0%
gross profit						90.96M -		83.03M -	91.44M 10.12%	91.44M 0%
selling and marketing expenses						13.73M -		11.34M -	15.44M 36.07%	15.44M 0%
general and administrative expenses						53.95M -		53.49M -	61.55M 15.07%	61.55M 0%
selling general and administrative expenses						67.67M -		64.83M -	76.99M 18.75%	76.99M 0%
research and development expenses						138.50M -	5.47M 96.05%	106.29M 1,844.29%	135.93M 27.88%
other expenses	193.69K -	312.48K 61.33%	83.22K 73.37%	31.66K 61.96%	358.40K 1,032.18%	69.53K 80.60%	69.53K 0.00%	-897K 1,390.14%	-574K 36.01%	-574K 0%
cost and expenses						112.87M -		108.70M -	128.84M 18.54%	128.84M 0%
operating expenses	64.15M -	65.35M 1.87%	59.40M 9.11%	67.16M 13.07%	77.22M 14.97%	67.67M 12.36%	67.67M 0.00%	64.83M 4.20%	76.99M 18.75%	76.99M 0%
interest expense						751.09K -		-72K -	-510K 608.33%	-510K 0%
ebitda						24.20M -		18.20M -	14.45M 20.60%	14.45M 0%
operating income						23.35M -		18.20M -	14.45M 20.60%	-502K 103.47%
depreciation and amortization						17.11M -		16.56M -	14.95M 9.71%	14.95M 0%
total other income expenses net						69.53K -		-897K -	-574K 36.01%	13.87M 2,515.85%
income before tax						23.45M -		17.23M -	13.37M 22.43%	13.37M 0%
income tax expense						9.51M -		2.63M -	4.42M 67.73%	4.42M 0%
net income	14.29M -	12.32M 13.82%	12.24M 0.63%	9.03M 26.27%	15.29M 69.40%	13.94M 8.81%	10.99M 21.20%	14.60M 32.84%	8.95M 38.70%	8.95M 0%
weighted average shs out	732.17M -	789.32M 7.80%	775.14M 1.80%	629.63M 18.77%	561.09M 10.89%	563.58M 0.44%	563.58M 0%	549.41M 2.51%	551.92M 0.46%	551.92M 0%
weighted average shs out dil	768.31M -	804.38M 4.70%	783.41M 2.61%	631.82M 19.35%	572.82M 9.34%	583.74M 1.91%	583.74M 0%	560.62M 3.96%	563.96M 0.59%	563.96M 0%
eps	0.02 -	0.02 21.21%	0.02 3.21%	0.01 12.42%	0.03 92.91%	0.02 9.19%	0.02 0%	0.03 21.46%	0.02 33.33%	0.02 19.00%
epsdiluted	0.02 -	0.02 17.46%	0.02 1.28%	0.01 8.44%	0.03 89.36%	0.02 10.49%	0.02 0%	0.03 25.52%	0.02 33.33%	0.02 20.50%

COM:MIXTELEMATICS

MiX by PowerFleet

Last Close

1,054.00

25/03 15:00

Market Cap

6.09B

Beta: -

Volume Today

370.97K

Avg: -

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