MiX Telematics Limited (MIXT)
MiX Telematics Limited operates in the Software - Application industry of the Technology sector, headquartered in Boca Raton, FL, ZA. The stock last traded at $14.55, up 2.46% on the session, giving a market capitalisation of $322.4M. On trailing twelve-month figures it carries a trailing P/E of 207.86, a net margin of 0.0%. Its beta of 0.82 implies it has historically moved less than the broad market.
MiX Telematics Limited is a company specializing in comprehensive fleet and mobile asset management services, delivered primarily through a Software-as-a-Service (SaaS) model. Among its key offerings, MiX Fleet Manager is an online application designed for commercial fleets, providing users with both live and historical insights into driver and vehicle performance, including real-time tracking, status updates, and various alerts. The company also features MiX Asset Manager, a product suite tailored for tracking diverse mobile assets such as generators, light towers, storage tanks, and pumps. For entry-level fleets and individual consumers, Matrix offers robust mobile asset management capabilities, delivering live and past vehicle location data, warnings for unauthorized usage, emergency panic response, collision detection, driver conduct alerts, digital fuel tax logs, and proactive maintenance reminders. Further extending its services, Beam-e is an innovative crowdsourcing platform for vehicle location that cleverly bypasses the expense of traditional cellular network connections, alongside providing foundational tracking and recovery support. Additionally, MiX Now functions as a system empowering businesses to effectively oversee the conduct and efficiency of their vehicle fleets and personnel. These SaaS-based solutions currently serve a substantial client base of 815,165 subscribers across multiple global regions, including South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was established in 1996 and its corporate headquarters are located in Boca Raton, Florida.
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