MiX Telematics announces financial results for fourth quarter and full fiscal year 2015

On 28 May, MiX Telematics released its fourth quarter and fiscal year results. Highlights included a subscriber increase of 14% year on year, bringing the total number of subscribers to over 512,000. Fourth quarter subscription revenue was R266 million or $22 million, while fiscal year subscription revenue that grew 17% year on year was R998 million or $83 million. CEO Stefan Joselowitz discussed the results with CNBC Africa, who noted heightened interest in the MiX Telematics business. Click here to download the SENS announcement.
 
MiX welcomes new customer in Ivory Coast

In collaboration with channel partner Control Parks in Ivory Coast, MiX Telematics has secured new customer RIMCO LOGISTIC under a three-year fleet management contract for 60 vehicles. The Lebanese company offers comprehensive logistics solutions for customers across various industries including manufacturing, distribution, services, and construction. By implementing the MiX solution, the customer will now be able to invoice their customers more accurately on usage in terms of kilometres driven and/or driving hours, rather than just a fixed daily rate.

 

 
 
New Houston office brings tally to 11

MiX Telematics has announced the opening of a new office in Houston, Texas. The new establishment in North America brings the total number of MiX offices around the world to 11. The decision to open the Houston office comes as a result of rapidly expanding sales and customer service operations in the region, says Pete Allen, Executive Vice President of Sales at MiX Telematics. With so many oil and gas companies located in Texas, and the company’s commitment to ‘service for life,’ Allen says it makes sense to have a major client care presence in close proximity. The office, which is primarily staffed by MiX Telematics Account Management and Client Care teams, is located in Houston’s Greenspoint District.

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Bus Hound officially among the fastest 'animals' on the planet!

When customers' vehicles begin sending in excessive over-speeding warnings, staff at MiX Telematics normally go onto high alert. But 19 May was different, as the vehicle in question was Bus Hound – Reading Buses’ world land speed record attempting gas-powered bus. Replete with its distinctive "Cow Poo Power" livery, Bus Hound's intent was to demonstrate the power of biogas to the watching world. And they did just that, beating two out of three contenders.

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IMPORTANT UPCOMING EVENTS CONTACT US  
MiX Telematics is participating in the Namibia Tourism Expo and Motor Show, from 10 to 13 June, at the Windhoek Show Grounds.

E-mail: Catherine Lewis
Ph. +27-21-880-5500
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