MiX Telematics (MIXT) Reports In-Line Q4 EPS

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Go back to MiX Telematics (MIXT) Reports In-Line Q4 EPS

MiX Telematics Reports Preliminary Unaudited Fourth Quarter and Full Fiscal Year 2022 U.S. GAAP Financial Results and Changes to the Board of Directors

May 26, 2022 6:05 AM EDT

Highlights:

Fourth Quarter Fiscal Year 2022:

Total revenues of $36.1 million Subscription revenues of $31.3 million Annual recurring revenue (ARR) of $127.1 million up 2.8% sequentially, on a constant currency basis Net subscriber additions of 24,700, bringing the total base to 815,200 subscribers Net income of $3.5 million Adjusted EBITDA of $8.2 million, at a 22.8% margin Cash and cash equivalents of $33.7 million at quarter end

Fiscal Year 2022:

Subscription revenues of $123.6 million ARR of $127.1 million up 9.1%, on a constant... More