One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
MiX Telematics Limited logo
MiX Telematics Limited MIXT
report update icon

Quarterly report 2023-Q3
added 05-16-2026

MiX Telematics Limited Income Statement 2023-2011 | MIXT

Brief overview of revenue and earnings at MiX Telematics Limited

The figures are compared over a five-year interval. Revenue at MiX Telematics Limited moved from 132 million dollars in 2018 to 145 million dollars in 2023. The cumulative result was +10%, corresponding to roughly 1.9% per year. The business did not achieve meaningful top-line expansion.

The gross result shifted from 87.7 million dollars to 90.9 million dollars, or +3.6%. The relationship between sales and direct costs deteriorated. Gross profit as a share of revenue changed from 66.5% to 62.7%. The contraction points to pressure from direct costs or weaker pricing power.

EBITDA changed from 31.7 million dollars to 27.2 million dollars (−14.3%). EBITDA underperformed the top-line trend. EBITDA margin moved from 24% to 18.7%. The business retained less EBITDA from each unit of revenue.

The net result moved from 13.9 million dollars to 4.5 million dollars, or −67.6%. Lower net income weakens the overall financial picture.

Market capitalization changed from $9.4 billion to $3.4 billion (−63.6%). Market expectations deteriorated over the period.

Financial takeaway

Signs of deterioration dominate the five-year picture. The most visible risks are pressure on operating profitability, declining capitalization and lower net income. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement MiX Telematics Limited

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

3.42 B 3.41 B 6.42 B 7.41 B 6.95 B 9.38 B 6.86 B 4.93 B 221 M 308 M - - -

Shares

553 M 552 M 549 M 554 M 564 M 561 M 630 M 775 M 31.6 M 29.3 M - - -

Historical Prices

6.18 6.18 11.7 13.4 12.3 16.7 10.9 6.36 3.34 5 10.1 - -

Net Income

4.52 M 8.95 M 14.6 M 11 M 14.8 M 13.9 M 9.03 M 12.2 M 12.3 M 14.3 M 13.9 M 13.5 M 10.5 M

Revenue

145 M 143 M 127 M 146 M 144 M 132 M 114 M 98 M 114 M 120 M 127 M 133 M 130 M

Cost of Revenue

54.1 M 51.9 M 43.9 M 53 M 46.9 M 44.1 M - - - - - - -

Gross Profit

90.9 M 91.4 M 83 M 92.6 M 96.8 M 87.7 M 77.4 M 68.6 M 77.4 M 80.1 M 80.8 M 81.8 M 80 M

Operating Income

11.6 M 14.4 M 18.2 M 21 M 24.3 M 16.2 M - - - - - - -

Interest Expense

1.69 M -574 K -897 K -299 K 101 K -63 K - - - - - - -

EBITDA

27.2 M 29.4 M 34.8 M 41 M 40.7 M 31.7 M 20.9 M 17.4 M 20.9 M 24.7 M 30.3 M 27.8 M 25.8 M

Operating Expenses

79.3 M 77 M 64.8 M 71.6 M 72.5 M 71.5 M 67.2 M 59.4 M 65.3 M 64.2 M 61.2 M 62.7 M 62.8 M

General and Administrative Expenses

62.1 M 61.6 M 53.5 M 58.3 M 58 M 57.3 M 53.7 M 45.8 M 51.2 M 50.2 M 46.8 M 51 M 51.4 M

All numbers in USD currency

Quarterly Income Statement MiX Telematics Limited

2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

554 M 555 M 554 M 551 M 553 M 552 M 552 M 552 M 552 M 551 M 552 M 606 M 551 M 551 M 548 M 547 M 550 M 555 M 558 M 564 M - - - 561 M - - - 630 M - - - 775 M - - - - - - - - - - - - - - - - - - - -

Net Income

1.46 M 1.61 M 1.46 M 678 K 2.79 M 630 K 1.3 M 3.53 M 630 K 5.93 M 4.83 M - 5.93 M 5.93 M 3.45 M 2.42 M 5.09 M 3.35 M 8.34 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Revenue

39.1 M 36.4 M 39.1 M 35.1 M 37.8 M 36.2 M 36.1 M 34.9 M 36.2 M 34.1 M 71 M - 34.1 M 34.1 M 30.9 M 27.5 M 36.5 M 36.7 M 72.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

15.6 M 13.2 M 15.6 M 13.3 M 13.5 M 13.8 M 13.1 M 12 M 13.8 M 12.8 M 25.1 M - 12.8 M 12.8 M 10.3 M 8.58 M 12.9 M 12.4 M 24.7 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

23.5 M 23.1 M 23.5 M 21.7 M 24.3 M 22.5 M 23 M 22.9 M 22.5 M 21.3 M 45.8 M - 21.3 M 21.3 M 20.7 M 18.9 M 23.5 M 24.2 M 48.3 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

2.45 M 4.39 M 2.45 M 2.43 M 4.03 M 2.58 M 3.73 M 4.34 M 2.58 M 5.03 M 8.07 M - 5.03 M 5.03 M 4.57 M 2.68 M 5.17 M 6.45 M 12.1 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Interest Expense

66 K -709 K 66 K 899 K -748 K 114 K 199 K -135 K 114 K -95 K 64 K - -95 K -95 K -77 K -98 K -178 K -52 K 323 K - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

6.05 M 6.96 M 6.05 M 5.03 M 6.43 M 5.28 M 6.33 M 7.04 M 5.28 M 8.13 M 13.4 M - 8.13 M 8.13 M 7.57 M 6.31 M 9.07 M 9.85 M 16.4 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Expenses

21 M 18.7 M 21 M 19.3 M 20.3 M 19.9 M 19.2 M 18.5 M 19.9 M 16.3 M 37.8 M - 16.3 M 16.3 M 16.1 M 16.2 M 18.4 M 17.8 M 36.1 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

17.5 M 15.2 M 17.5 M 15 M 15.7 M 15.8 M 15.4 M 15 M 15.8 M 13.4 M 30.4 M - 13.4 M 13.4 M 13.6 M 13.5 M 14.9 M 14.6 M 29.4 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company MiX Telematics Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
Аренадата Аренадата
DATA
- - - russiaRussia
Simulations Plus Simulations Plus
SLP
$ 18.5 0.05 % $ 371 M usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
- - $ 3.47 M usaUSA
New Relic New Relic
NEWR
- - $ 5.88 B usaUSA
Ceridian HCM Holding Ceridian HCM Holding
CDAY
- - $ 10.6 B usaUSA
Zuora Zuora
ZUO
- - $ 1.4 B usaUSA
Sphere 3D Corp. Sphere 3D Corp.
ANY
$ 2.89 3.96 % $ 8.42 M canadaCanada
Jamf Holding Corp. Jamf Holding Corp.
JAMF
- - $ 1.67 B usaUSA
StoneCo Ltd. StoneCo Ltd.
STNE
$ 7.53 0.51 % $ 2.27 B brasilBrasil
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
- - $ 2.43 B curacaoCuracao
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
- - $ 18.1 B israelIsrael
CrowdStrike Holdings CrowdStrike Holdings
CRWD
$ 216.94 -0.12 % $ 54.4 B usaUSA
International Business Machines Corp. International Business Machines Corp.
IBM
$ 245.02 -0.82 % $ 228 B usaUSA
Immersion Corporation Immersion Corporation
IMMR
$ 6.79 1.8 % $ 223 M usaUSA
A10 Networks A10 Networks
ATEN
$ 24.77 9.65 % $ 1.79 B usaUSA
Avalara Avalara
AVLR
- - $ 8.28 B usaUSA
MongoDB MongoDB
MDB
$ 313.03 2.77 % $ 25.4 B usaUSA
Mitek Systems Mitek Systems
MITK
$ 17.24 1.83 % $ 788 M usaUSA
MIND C.T.I. Ltd MIND C.T.I. Ltd
MNDO
$ 0.86 -0.82 % $ 17.6 M israelIsrael
Kubient Kubient
KBNT
- -10.71 % $ 1.43 M usaUSA
TSR TSR
TSRI
- -0.07 % $ 28.7 M usaUSA
Eventbrite Eventbrite
EB
$ 4.51 1.58 % $ 436 M usaUSA
Cloudflare Cloudflare
NET
$ 268.81 9.72 % $ 93.7 B usaUSA
Domo Domo
DOMO
$ 3.55 0.13 % $ 145 M usaUSA
ServiceNow ServiceNow
NOW
$ 101.98 -0.36 % $ 106 B usaUSA
Nutanix Nutanix
NTNX
$ 58.42 -0.22 % $ 15.6 M usaUSA
salesforce.com salesforce.com
CRM
$ 213.66 -3.91 % $ 203 B usaUSA
Okta Okta
OKTA
$ 168.58 -1.51 % $ 29.7 B usaUSA
Lightspeed POS Lightspeed POS
LSPD
$ 10.3 -1.39 % $ 1.58 B canadaCanada
Oracle Oracle
ORCL
$ 116.11 0.9 % $ 332 B usaUSA
Box Box
BOX
$ 41.96 -3.67 % $ 6.05 B usaUSA
Open Text Corporation Open Text Corporation
OTEX
$ 24.87 -4.79 % $ 6.19 B canadaCanada
Calix Calix
CALX
$ 30.88 -3.08 % $ 2.04 B usaUSA
Phunware Phunware
PHUN
$ 1.74 0.58 % $ 35.1 M greeceGreece
Palantir Technologies Palantir Technologies
PLTR
$ 160.42 3.5 % $ 380 B usaUSA
Endava plc Endava plc
DAVA
$ 1.77 5.06 % $ 103 M -
Qualys Qualys
QLYS
$ 190.24 -4.7 % $ 6.88 B usaUSA
Dropbox Dropbox
DBX
$ 34.69 -3.01 % $ 9.31 B usaUSA
My Size My Size
MYSZ
$ 0.79 -2.17 % $ 2.48 M israelIsrael
Datadog Datadog
DDOG
$ 179.12 2.59 % $ 62.2 B usaUSA
Q2 Holdings Q2 Holdings
QTWO
$ 73.93 -2.23 % $ 4.6 B usaUSA
Waitr Holdings Waitr Holdings
WTRH
- -5.96 % $ 19.2 M usaUSA
Red Violet Red Violet
RDVT
$ 69.9 -3.08 % $ 981 M usaUSA
Repay Holdings Corporation Repay Holdings Corporation
RPAY
$ 4.39 -3.73 % $ 376 B usaUSA
The Descartes Systems Group Inc The Descartes Systems Group Inc
DSGX
$ 93.9 -0.97 % $ 8.06 B canadaCanada
Rackspace Technology Rackspace Technology
RXT
$ 2.53 6.09 % $ 604 M usaUSA
Limelight Networks Limelight Networks
LLNW
- 1.65 % $ 340 M usaUSA
VMware VMware
VMW
- - $ 60.3 B usaUSA
Snowflake Snowflake
SNOW
$ 276.36 2.55 % $ 93.3 B usaUSA
SPS Commerce SPS Commerce
SPSC
$ 81.9 -0.82 % $ 3.1 B usaUSA