Private company

MiX Telematics Ltd

Prepackaged software services company1

In its 2023 annual report the company says: “We are a leading global provider of connected fleet and mobile asset solutions delivered as Software as a Service. Our solutions deliver a measurable return by enabling our customers to manage, optimize and protect their investments in commercial fleets or personal vehicles.”50

Last updated Oct 21, 2026.

Overview

$145.0MRevenue, fiscal 20232
$4.5MNet income, fiscal 20232
  • IndustryServices-Prepackaged Software1
  • HeadquartersT31
  • Incorporated inSouth Africa3
  • Business addressPo Box 12326, Vorna Valley, Johannesburg, T3 16863
  • Filer categoryAccelerated filer, Smaller reporting company3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

62.7%Gross margin2
8.0%Operating margin2
3.1%Net margin2
1.2%Revenue growth, 20232
4.2%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue37¢$54.1M
  • Other costs54¢$77.9M
  • Income tax6¢$8.4M
  • Profit3¢$4.5M

Out of $145.0M in revenue.2

Where each dollar of operating cash went, fiscal 2023

  • Dividends paid24¢$5.2M
  • Share buybacks2¢$389.0K
  • Kept or used elsewhere75¢$16.4M

Out of $21.9M of cash from operations.2

Financial statements

Revenue45672$145.0M in 2023−90% since 2016
0$500.0M$1.0B$1.5B$2.0B2016: $1.5B$1.5B20162017: $1.5B$1.5B2017+5%2018: $131.8M$131.8M2018−91%2019: $143.7M$143.7M2019+9%2020: $145.7M$145.7M2020+1%2021: $126.9M$126.9M2021−13%2022: $143.3M$143.3M2022+13%2023: $145.0M$145.0M2023+1%
Gross profit485672$90.9M in 2023−91% since 2016
0$500.0M$1.0B$1.5B2016: $1.0B$1.0B20162017: $1.0B$1.0B2017+2%2018: $87.7M$87.7M2018−92%2019: $96.8M$96.8M2019+10%2020: $92.6M$92.6M2020−4%2021: $83.0M$83.0M2021−10%2022: $91.4M$91.4M2022+10%2023: $90.9M$90.9M2023−1%
Operating income485672$11.6M in 2023−92% since 2016
0$50.0M$100.0M$150.0M2016: $139.1M$139.1M20162017: $137.9M$137.9M2017−1%2018: $16.2M$16.2M2018−88%2019: $24.3M$24.3M2019+50%2020: $21.0M$21.0M2020−13%2021: $18.2M$18.2M2021−14%2022: $14.4M$14.4M2022−21%2023: $11.6M$11.6M2023−20%
Net income485672$4.5M in 2023−98% since 2016
0$50.0M$100.0M$150.0M$200.0M2016: $182.5M$182.5M20162017: $121.4M$121.4M2017−33%2018: $13.9M$13.9M2018−89%2019: $14.8M$14.8M2019+6%2020: $11.0M$11.0M2020−26%2021: $14.6M$14.6M2021+33%2022: $8.9M$8.9M2022−39%2023: $4.5M$4.5M2023−49%
Fiscal year20162017201820192020202120222023
Revenue1.5B ZAR41.5B ZAR4$131.8M5$143.7M6$145.7M7$126.9M2$143.3M2$145.0M2
Cost of revenue$44.1M5$46.9M6$53.0M7$43.9M2$51.9M2$54.1M2
Gross profit1.0B ZAR41.0B ZAR8$87.7M5$96.8M6$92.6M7$83.0M2$91.4M2$90.9M2
Operating expenses$77.0M2$79.3M2
Operating income139.1M ZAR4137.9M ZAR8$16.2M5$24.3M6$21.0M7$18.2M2$14.4M2$11.6M2
Income before tax$13.4M2$13.0M2
Income tax$2.5M5$9.8M6$9.8M7$2.6M2$4.4M2$8.4M2
Net income182.5M ZAR4121.4M ZAR8$13.9M5$14.8M6$11.0M7$14.6M2$8.9M2$4.5M2
Earnings per share0 ZAR/shares40 ZAR/shares8$0.025$0.036$0.027$0.032$0.022$0.012
Earnings per share (diluted)0 ZAR/shares40 ZAR/shares8$0.025$0.036$0.027$0.032$0.022$0.012
Shares (weighted, basic)551.9M shares2552.6M shares2
Shares (weighted, diluted)564.0M shares2556.1M shares2

Compare MiX Telematics Ltd with another company

Corporate structure

MiX Telematics Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MiX Telematics Ltd

  • MiX Telematics Ltd T3

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MiX Telematics Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$80.2M2 Mar 31, 2023$74.5M2 Mar 31, 2022+7.6%
Accumulated depreciation$46.9M2 Mar 31, 2023$46.6M2 Mar 31, 2022+0.7%
Property and equipment, net$33.3M2 Mar 31, 2023$27.9M2 Mar 31, 2022+19.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$29.9M2 Mar 31, 2023$33.7M2 Mar 31, 2022−11.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$39.3M2 Mar 31, 2023$44.4M2 Mar 31, 2022−11.6%
Finite-lived intangibles, gross$47.4M2 Mar 31, 2023$45.2M2 Mar 31, 2022+4.7%
Accumulated amortization$25.5M2 Mar 31, 2023$24.8M2 Mar 31, 2022+2.9%
Finite-lived intangibles, net$21.9M2 Mar 31, 2023$20.5M2 Mar 31, 2022+7.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.9M2 Mar 31, 2023$3.4M2 Mar 31, 2022+47.1%
Raw materials$3.1M2 Mar 31, 2023$02 Mar 31, 2022
Finished goods$3.1M2 Mar 31, 2023$4.7M2 Mar 31, 2022−33.7%

Leadership

Who has led MiX Telematics Ltd, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (14)

Timeline

  1. Mar 27, 20248-K Regulation FD disclosure27
  2. Mar 20, 20248-K Entered a material agreement; New debt or obligation28
  3. Mar 15, 20248-K Regulation FD disclosure29
  4. Feb 28, 20248-K Shareholder vote; Regulation FD disclosure30
  5. Feb 27, 20248-K Regulation FD disclosure31
  6. Feb 2, 20248-K Regulation FD disclosure32
  7. Feb 1, 20248-K Results of operations33
  8. Feb 1, 20248-K Regulation FD disclosure34
  9. Jan 30, 20248-K Regulation FD disclosure35
  10. Jan 30, 20248-K Regulation FD disclosure36
  11. Jan 18, 20248-K Regulation FD disclosure37
  12. Nov 29, 20238-K Regulation FD disclosure38
  13. Apr 16, 2020New chief executive Stefan B. Joselowitz becomes CEO12

Calendar

When it reported results

  1. Feb 1, 2024Reported quarterly or annual results33
  2. Nov 8, 2023Reported quarterly or annual results39
  3. Aug 2, 2023Reported quarterly or annual results40
  4. May 25, 2023Reported quarterly or annual results41
  5. Jan 26, 2023Reported quarterly or annual results42
  6. Oct 27, 2022Reported quarterly or annual results43
  7. Jul 28, 2022Reported quarterly or annual results44
  8. May 26, 2022Reported quarterly or annual results45

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

257 filings to the SEC since October 2021: 2 annual reports, 8 quarterly reports, 102 major events, 119 insider forms, 9 large holders, 17 other. The latest 20:

  1. Apr 5, 202415-12G EDGAR
  2. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  3. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  4. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  5. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  6. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  7. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  8. Apr 4, 20244 OWNERSHIP DOCUMENT EDGAR
  9. Apr 2, 2024S-8 POS EDGAR
  10. Apr 2, 2024S-8 POS EDGAR
  11. Mar 27, 20248-K EDGAR
  12. Mar 20, 20248-K EDGAR
  13. Mar 15, 20248-K EDGAR
  14. Feb 28, 20248-K EDGAR
  15. Feb 27, 20248-K EDGAR
  16. Feb 27, 2024DEFA14A EDGAR
  17. Feb 14, 2024SC 13G/A FORM 13G/A MIXT 12-31-23 EDGAR
  18. Feb 9, 202410-Q EDGAR
  19. Feb 8, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  20. Feb 2, 2024DEFA14A EDGAR

The 257 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

103 open-market trades by officers, directors and large owners since October 2021: 22 buys and 81 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 6, 2023Frew Robin A10% ownerSale523,700$0.28$146.6KForm 4
Sep 5, 2023Frew Robin A10% ownerSale776,825$0.28$217.5KForm 4
Jun 15, 2023Dell Paul MGroup Chief Financial OfficerSale66$0.30$20Form 4
Jun 15, 2023Pretorius GertExecutive Vice PresidentSale200$0.30$60Form 4
Jun 15, 2023Tasker Charles WChief Operations OfficerSale134$0.30$40Form 4
Jun 15, 2023Lewis Catherine JExecutive Vice PresidentSale100$0.30$30Form 4
Jun 10, 2023Frew Robin A10% ownerSale5,500$0.28$1.5KForm 4
Jun 9, 2023Frew Robin A10% ownerSale468,075$0.28$131.1KForm 4
May 16, 2023Frew Robin A10% ownerSale290,375$0.30$87.1KForm 4
May 15, 2023Frew Robin A10% ownerSale428,825$0.29$124.4KForm 4
May 12, 2023Frew Robin A10% ownerSale146,225$0.29$42.4KForm 4
May 11, 2023Frew Robin A10% ownerSale41,600$0.30$12.5KForm 4
May 10, 2023Frew Robin A10% ownerSale84,950$0.30$25.5KForm 4
May 9, 2023Frew Robin A10% ownerSale308,025$0.30$92.4KForm 4
Apr 12, 2023Frew Robin A10% ownerSale492,225$0.31$152.6KForm 4
Apr 11, 2023Frew Robin A10% ownerSale547,775$0.32$175.3KForm 4
Apr 10, 2023Frew Robin A10% ownerSale260,000$0.32$83.2KForm 4
Mar 10, 2023Frew Robin A10% ownerSale396,400$0.31$122.9KForm 4
Mar 9, 2023Frew Robin A10% ownerSale903,600$0.32$289.2KForm 4
Mar 7, 2023Dell Paul MGroup Chief Financial OfficerSale230,168$0.33$76.0KForm 4

All 103 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How MiX Telematics Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMiX Telematics Ltd1
  • CIK0001576914
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inSouth Africa1
  • Fiscal year endsMarch 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressPo Box 12326, Vorna Valley, Johannesburg, T3 16861
  • Phone27-11-654-82791
  • Shares outstanding554,020,612 as of Jan 26, 202411
  • Public float$121.2M as of Sep 30, 20222
  • On EDGAR sinceMay 24, 20131
  • Filings607 in all: 6-K (216), 4 (135), 8-K (133), 10-Q (12), 3 (11), SC 13G/A (11), CORRESP (10), SC 13G (8)1
    All 34 form types

    UPLOAD (8), 20-F (6), 3/A (6), DEFA14A (6), 425 (5), 10-K (4), 144 (4), DEF 14A (4), F-1/A (4), CT ORDER (3), EFFECT (2), FWP (2), S-8 (2), S-8 POS (2), SC 13D (2), 15-12G (1), 25-NSE (1), 424B4 (1), 6-K/A (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), DRS (1), F-1 (1), F-6 (1), NT 10-K (1)

  • Latest filingsAnnual report (10-K) Jun 22, 2023
    Quarterly report (10-Q) Feb 9, 2024
    Proxy statement (DEF 14A) Jul 28, 2023
    Latest 8-K (8-K) Mar 27, 2024

Sources

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