MiX Telematics notes better quarterly subscription revenue
Mix reported an 11% increase in its net subscriber base to 766,000, while its adjusted ebidta rose 22% to R155m
01 August 2019 - 14:04
Fleet management and vehicle tracking company Mix Telematics said on Thursday subscription revenue grew 11.1% to R455m on a constant-currency basis in the first quarter of the 2020 fiscal year.
The company reported an 11% increase in its net subscriber base to 766,000, while its adjusted earnings before interest, tax, depreciation and amortisation (ebidta) rose 22% to R155m...
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