MiX Telematics Future Growth

Future criteria checks 3/6

MiX Telematics is forecast to grow earnings and revenue by 46.5% and 5.2% per annum respectively.

Key information

46.5%

Earnings growth rate

n/a

EPS growth rate

Software earnings growth	16.4%
Revenue growth rate	5.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	12 Mar 2024

Recent future growth updates

Recent updates

MiX Telematics GAAP EPS of $0.00 misses by $0.08, revenue of $35.1M misses by $0.91M

Jul 28

MiX Telematics: Dividend May Come Under Pressure Shortly

May 10

MiX Telematics Showing Continued Strength Of Their Solutions

Aug 12

MiX Telematics EPS beats by $0.13, beats on revenue

Oct 29

Earnings and Revenue Growth Forecasts

NYSE:MIXT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	168	15	14	37	2
3/31/2025	158	13	12	35	2
3/31/2024	151	6	5	27	2
12/31/2023	150	6	0	23	N/A
9/30/2023	149	7	11	34	N/A
6/30/2023	146	5	4	28	N/A
3/31/2023	145	5	-3	22	N/A
12/31/2022	144	6	-9	18	N/A
9/30/2022	143	4	-17	10	N/A
6/30/2022	143	6	-15	14	N/A
3/31/2022	143	9	-7	19	N/A
12/31/2021	142	8	1	22	N/A
9/30/2021	139	14	11	28	N/A
6/30/2021	134	16	23	34	N/A
3/31/2021	127	15	30	39	N/A
12/31/2020	129	9	28	37	N/A
9/30/2020	131	9	21	34	N/A
6/30/2020	137	8	14	32	N/A
3/31/2020	146	11	8	28	N/A
12/31/2019	148	19	9	29	N/A
9/30/2019	154	19	13	33	N/A
6/30/2019	148	19	17	36	N/A
3/31/2019	144	15	12	31	N/A
12/31/2018	133	13	11	32	N/A
9/30/2018	131	14	8	31	N/A
6/30/2018	129	12	2	26	N/A
3/31/2018	132	14	1	26	N/A
12/31/2017	133	12	1	29	N/A
9/30/2017	119	9	N/A	26	N/A
6/30/2017	120	9	N/A	24	N/A
3/31/2017	115	9	N/A	24	N/A
12/31/2016	112	8	N/A	22	N/A
9/30/2016	110	9	N/A	17	N/A
6/30/2016	102	12	N/A	16	N/A
3/31/2016	100	12	N/A	16	N/A
12/31/2015	94	14	N/A	14	N/A
9/30/2015	103	14	N/A	19	N/A
6/30/2015	116	14	N/A	20	N/A
3/31/2015	114	12	N/A	18	N/A
12/31/2014	119	13	N/A	18	N/A
9/30/2014	117	14	N/A	18	N/A
6/30/2014	122	13	N/A	17	N/A
3/31/2014	121	14	N/A	19	N/A
12/31/2013	117	14	N/A	20	N/A
9/30/2013	121	13	N/A	23	N/A
6/30/2013	120	13	N/A	22	N/A
3/31/2013	127	14	N/A	23	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIXT's forecast earnings growth (46.5% per year) is above the savings rate (2.3%).

Earnings vs Market: MIXT's earnings (46.5% per year) are forecast to grow faster than the US market (13.5% per year).

High Growth Earnings: MIXT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MIXT's revenue (5.2% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: MIXT's revenue (5.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MIXT's Return on Equity is forecast to be high in 3 years time

MiX Telematics Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

MiX Telematics Limited Provides Earnings Guidance for the Six Months Ended September 30, 2023

MiX Telematics Limited Provides Earnings Guidance for the Year Ended March 31, 2021

MiX Telematics Limited Suspends Earnings Guidance for the Full Year Fiscal 2021

Recent updates

Mix Telematics Files Form 15

PowerFleet, Inc. (NasdaqGM:PWFL) executed Memorandum of Understanding to acquire MiX Telematics Limited (JSE:MIX) from ABRY Senior Equity V, L.P. and ABRY Senior Equity VI, L.P., managed by ABRY Partners, LLC and others.

MiX Telematics Limited (JSE:MIX) completed the acquisition of PowerFleet, Inc. (NasdaqGM:PWFL) from ABRY Senior Equity V, L.P. and ABRY Senior Equity VI, L.P., managed by ABRY Partners, LLC and others in a reverse merger transaction.

Mix Telematics Limited Declares Dividend for the Third Quarter of Fiscal Year 202, Payable on February 26, 2024

MiX Telematics Limited Announces Dividend Payment, Payable on March 7, 2024

MiX Telematics Limited to Report Q3, 2024 Results on Feb 01, 2024

MiX Telematics Seeks Merger With PowerFleet Amid Challenged Growth

MiX Telematics Limited Provides Earnings Guidance for the Six Months Ended September 30, 2023

MiX Telematics Limited to Report Q2, 2024 Results on Nov 08, 2023

MiX Telematics Limited (JSE:MIX) entered into a definitive agreement to acquire PowerFleet, Inc. (NasdaqGM:PWFL) for $18.7 million in a reverse merger transaction.

MiX Telematics to Delist from the JSE After the Transaction with PowerFleet

MiX Telematics Contends With Slow Sales Cycles As Macro Headwinds Remain

MiX Telematics Limited Declares Dividend for the First Quarter of Fiscal Year Ended June 30, 2023, Payable on August 28, 2023

MiX Telematics Limited to Report Q1, 2024 Results on Aug 02, 2023

MiX Telematics: AI, Low Valuation, Pristine Balance Sheet, Growth, Dividend

MiX Telematics Results Flatten As Headwinds Mount

MiX Telematics Limited, Annual General Meeting, Sep 06, 2023

MiX Telematics Limited announced delayed annual 10-K filing

MiX Telematics Limited Announces Dividend, Payable on June 29, 2023

MiX Telematics Limited to Report Q4, 2023 Results on May 25, 2023

MiX Telematics Non-GAAP EPS of $0.04, revenue of $37.8M

MiX Telematics Limited to Report Q3, 2023 Results on Jan 26, 2023

MiX Telematics Limited Enhances Video Telematics Capabilities with Compelling Update

MiX Telematics goes ex-dividend tomorrow

MiX Telematics Limited Announces Board Changes

MiX Telematics Limited Declares Second Quarter Dividend, Payable on December 1, 2022

MiX Telematics Limited to Report First Half, 2023 Results on Oct 27, 2022

MiX Telematics Offers A Solid Risk/Reward Ratio Here

MiX Telematics Introduces Powerful New KPI management SaaS module

MiX Telematics wins a 5-year contract in Australia

MiX Telematics to acquire Trimble's field service management business

MiX Telematics goes ex dividend tomorrow

MiX Telematics Limited, Annual General Meeting, Sep 07, 2022

MiX Telematics GAAP EPS of $0.00 misses by $0.08, revenue of $35.1M misses by $0.91M

MiX Telematics Limited to Report Q1, 2023 Results on Jul 28, 2022

MiX Telematics Limited Announces Impairment Charges for the Three Months Ended March 31, 2022

MiX Telematics Limited to Report Q4, 2022 Results on May 26, 2022

MiX Telematics: Dividend May Come Under Pressure Shortly

MiX Telematics Limited Announces Declaration of Cash Dividend, Payable on February 28, 2022

MiX Telematics Showing Continued Strength Of Their Solutions

MiX Telematics Limited Announces Dividend for the Fourth Quarter Ended March 31, 2021, Payable on July 1, 2021

MiX Telematics Limited Provides Earnings Guidance for the Year Ended March 31, 2021

MiX Telematics's New MyMiX Tracking App Is Now Available in the U.S. MyMiX Tracking

MiX Telematics Launches Next Generation AI -Powered Video Telematics Solution to Optimize Driver Safety and Minimize Fleet Operating Costs

MiX Telematics Launches New, Australian Taxation Office-Approved Solution to Simplify Fringe Benefits Tax Claims

MiX Telematics Limited Suspends Earnings Guidance for the Full Year Fiscal 2021

MiX Telematics Limited to Report Q3, 2021 Results on Jan 28, 2021

Translink Renews Contract with MiX Telematics

MiX Telematics EPS beats by $0.13, beats on revenue

MiX Telematics Limited to Report Q2, 2021 Results on Oct 29, 2020

Mix Telematics Announces Partnership with Navistar to Put Customers At the Helm of Their Telematics Solution

MiX Telematics Partners with The Global Alliance for Vehicle Data Access

MiX Telematics Limited to Report Q1, 2021 Results on Jul 30, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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