MiX Telematics (MIXT) Tops Q1 EPS by 11c
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MiX Telematics Reports First Quarter 2021 U.S. GAAP Financial Results
July 30, 2020 6:05 AM EDTFirst Quarter Highlights:
Subscription revenues of $25.9 million, representing 94% of revenue Net subscriber base of over 787,000 subscribers Net income of $2.4 million Adjusted EBITDA of $7.5 million, or a 27.1% Adjusted EBITDA margin Net cash provided by operating activities of $9.4 million leading to positive free cash flow of $7.2 million Cash and cash equivalents of $24.5 million at quarter endMIDRAND, South Africa & BOCA RATON, Fla.--(BUSINESS WIRE)-- MiX Telematics Limited (NYSE: MIXT)(JSE: MIX), a leading... More
