MiX Telematics Limited is a public company incorporated in the Republic of South Africa. Our registered offices are located at Matrix Corner, Howick Close, Waterfall Park, Bekker Road, Midrand, South Africa, 1686. Our telephone number is +27-11-654-8000, and our web address is www.mixtelematics.com. We currently have our primary listing on the JSE and have a secondary listing of our ADSs on the NYSE.
We were founded in 1996 in Johannesburg, South Africa as Matrix Vehicle Tracking Proprietary Limited, and since that time, we have grown both organically and through acquisitions. Matrix Vehicle Tracking Proprietary Limited was renamed TeliMatrix Proprietary Limited in 2001, TeliMatrix Limited in 2007 and finally MiX Telematics Limited in 2008, subsequent to our listing on the JSE.
In 2007, we acquired Control Instruments OmniBridge Proprietary Limited and certain affiliated entities (collectively, "OmniBridge"), which provided fleet management services in both the South African and international markets. In November 2007, we listed our shares on the JSE, in order to facilitate the OmniBridge acquisition. In 2008, we acquired Tripmaster Corporation, located in the United States, Safe Drive (including Safe Drive International Proprietary Limited), located in Australia and Safe Drive FZE, located in the United Arab Emirates. These acquisitions extended our geographic reach, broadened our customer relationships and expanded our driver safety and training solution offerings. In May 2012, we acquired Intellichain, located in South Africa, as part of our strategy to broaden our transportation management software functionality. On August 9, 2013, following a successful United States IPO, the Company's ADSs were listed on the NYSE and are traded under the symbol MIXT. In December 2013, we acquired a proprietary software development business from Roitech Proprietary Limited, located in South Africa. The acquisition enhanced and broadened our fleet management smart phone application offerings. On November 1, 2014, we acquired the operating business of Compass Fleet Management ("Compass"), a South Africa based provider of specialized fleet management solutions in Southern Africa, that are delivered using the Group's hardware and software platforms. These specialized fleet management solutions complement the Group's existing fleet management solutions, and the acquisition broadens the array of services offered to current and future fleet management customers.
|Comps ($MM TTM)||Market Cap||Gross Margin||EV/EBITDA||Ret on Assets||Assets||Liabilities||Revenue||G Profit||Net Income||EBITDA||EV|
|Take Two (TTWO)||14,343||41%||41.1||7%||4,815||2,633||3,186||1,319||355||314||12,912|
|Ultimate Software (ULTI)||10,595||62%||106.6||2%||2,716||1,890||894||550||44||98||10,495|
|MIX Telematics (MIXT)||10,257||0%||2,391||640||0||0||0||0||10,257|
|Tyler Technologies (TYL)||12,517||47%||61.7||6%||2,055||535||1,040||490||131||200||12,355|
|Black Knight (BKI)||9,233||0%||31.4||3%||4,004||2,136||877||0||108||346||10,867|
|Guidewire Software (GWRE)||8,411||54%||137.7||0%||2,199||613||697||373||0||60||8,232|
|Coupa Software (COUP)||9,141||65%||-561.2||-3%||1,512||1,052||353||229||-50||-15||8,554|
|Micro Focus (MFGP)||7,557||0%||16,781||8,989||0||0||0||0||7,170|
|Balance Sheet ($MM)||2018-03-31||2019-03-31|
|Income Statement ($MM)||2018-03-31||2019-03-31|
|Cost of Revenue||587||656|
|Cash Flow ($MM)||2018-03-31||2019-03-31|