MiX Telematics (MIXT) Tops Q4 EPS by 4c, Revenues Beat
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MiX Telematics Reports Preliminary Unaudited Fourth Quarter and Full Fiscal Year 2021 U.S. GAAP Financial Results
May 27, 2021 6:05 AM EDTHighlights:
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 endFiscal 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