MiX Telematics (MIXT) Tops Q4 EPS by 4c, Revenues Beat

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Go back to MiX Telematics (MIXT) Tops Q4 EPS by 4c, Revenues Beat

MiX Telematics Reports Preliminary Unaudited Fourth Quarter and Full Fiscal Year 2021 U.S. GAAP Financial Results

May 27, 2021 6:05 AM EDT

Highlights:

Fourth Quarter Fiscal 2021:

Subscription revenues of $30.8 million Net subscriber base of over 744,000 subscribers Net income of $2.8 million Adjusted EBITDA of $11.3 million, at a 32.9% margin Net cash provided by operating activities of $7.6 million leading to positive free cash flow of $5.2 million Cash and cash equivalents of $45.5 million at quarter end

Fiscal Year 2021:

Subscription revenues of $113.4 million Net income of $14.6 million Adjusted EBITDA of $37.2 million, at a 29.3%... More