MiX Telematics Limited Gross Profit 2011-2026 | MIXT

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit MiX Telematics Limited

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
90.9 M	91.4 M	83 M	92.6 M	91 M	95 M	77.4 M	68.6 M	77.4 M	80.1 M	80.8 M	81.8 M	80 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
95 M	68.6 M	83.9 M

Quarterly Gross Profit 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
23.5 M	23.3 M	23.1 M	-	24.3 M	22.1 M	21.7 M	-	22.5 M	68.3 M	45.8 M	-	21.3 M	21.3 M	18.9 M	-	23.5 M	24.2 M	48.3 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
68.3 M	18.9 M	28.8 M

Gross Profit of other stocks in the Software industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Mogo MOGO	46.7 M	-	-	$ 111 M	Canada
Creative Realities CREX	25.7 M	$ 3.83	-0.13 %	$ 40.2 M	USA
FireEye, Inc. FEYE	607 M	-	-3.41 %	$ 4.13 B	USA
Powerbridge Technologies Co., Ltd. PBTS	4.62 M	-	2.4 %	$ 115 M	China
ANSYS ANSS	2.26 B	-	-	$ 32.7 B	USA
9F JFU	95.2 M	$ 2.89	0.1 %	$ 681 M	China
Aurora Mobile Limited JG	265 M	$ 7.08	-0.74 %	$ 42.2 M	China
Adobe ADBE	21.2 B	$ 240.32	-2.09 %	$ 102 B	USA
Sapiens International Corporation N.V. SPNS	238 M	-	-	$ 2.43 B	Curacao
Alteryx AYX	839 M	-	-	$ 3.42 B	USA
Avalara AVLR	493 M	-	-	$ 8.28 B	USA
Avaya Holdings Corp. AVYA	1.17 B	-	-	$ 3.47 M	USA
Brightcove BCOV	124 M	-	-	$ 192 K	USA
Aspen Technology AZPN	745 M	-	-	$ 16.8 B	USA
Black Knight BKI	531 M	-	-0.02 %	$ 11.7 B	USA
Borqs Technologies BRQS	5.79 M	-	-23.51 %	$ 9.87 M	China
CDK Global CDK	199 M	-	0.06 %	$ 6.34 B	USA
Diebold Nixdorf, Incorporated DBD	961 M	$ 82.31	-4.02 %	$ 3.03 B	USA
Net Element, Inc. NETE	9.84 M	-	8.63 %	$ 83.8 M	USA
Materialise NV MTLS	151 M	$ 5.29	1.54 %	$ 392 K	Belgium
BlackBerry Limited BB	418 M	$ 5.28	3.74 %	$ 3.13 B	Canada
Oracle ORCL	31.1 B	$ 173.13	-0.1 %	$ 483 B	USA
Cadence Design Systems CDNS	2.07 B	$ 336.98	1.23 %	$ 91.4 B	USA
Open Text Corporation OTEX	3.73 B	$ 22.54	0.54 %	$ 5.93 B	Canada
Altair Engineering ALTR	541 M	-	-	$ 9.4 B	USA
Progress Software Corporation PRGS	790 M	$ 27.33	0.37 %	$ 1.18 B	USA
Proofpoint, Inc. PFPT	775 M	-	-	$ 10.1 B	USA
Agora API	93.7 M	$ 3.5	-2.92 %	$ 1.29 B	China
American Software AMSWA	66.4 M	-	-2.14 %	$ 369 M	USA
AppFolio APPF	154 M	$ 167.62	-0.99 %	$ 6.04 B	USA
EVERTEC EVTC	274 M	$ 29.96	1.52 %	$ 1.91 B	Puerto-rico
Zix Corporation ZIXI	106 M	-	0.12 %	$ 482 M	USA
Coupa Software Incorporated COUP	320 M	-	-	$ 6.12 B	USA
Dropbox DBX	2.02 B	$ 24.07	0.19 %	$ 6.46 B	USA
Digital Turbine APPS	255 M	$ 3.56	2.89 %	$ 369 M	USA
Citrix Systems CTXS	2.59 B	-	-	$ 13.2 B	USA
Globant S.A. GLOB	859 M	$ 42.65	-0.44 %	$ 7.32 B	Luxembourg
CYREN Ltd. CYRN	15.9 M	-	-18.15 %	$ 1.77 M	USA
Shopify SHOP	5.56 B	$ 123.99	-1.46 %	$ 161 B	Canada
Domo DOMO	244 M	$ 3.59	-7.61 %	$ 129 M	USA
Simulations Plus SLP	46.2 M	$ 14.69	0.89 %	$ 294 M	USA
Datadog DDOG	2.74 B	$ 132.71	2.49 %	$ 46.1 B	USA
CyberArk Software Ltd. CYBR	792 M	-	-	$ 18.1 B	Israel
Snowflake SNOW	3.15 B	$ 144.74	3.15 %	$ 48.8 B	USA
ChannelAdvisor Corporation ECOM	129 M	-	0.02 %	$ 668 M	USA
Synopsys SNPS	4.62 B	$ 499.99	-0.17 %	$ 76.1 B	USA
Ebix EBIX	375 M	-	-30.99 %	$ 36.3 M	USA
Envestnet ENV	621 M	-	-	$ 3.44 B	USA
SOS Limited SOS	7.04 M	$ 1.11	-5.93 %	$ 505 M	China