MiX Telematics Ltd
Technology · Services-Prepackaged Software · T3 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $145.0M | $143.3M | $126.9M | $145.7M | $143.7M | $131.8M |
| Operating income | $11.6M | $14.4M | $18.2M | $21.0M | $24.3M | $16.2M |
| Net income | $4.5M | $8.9M | $14.6M | $11.0M | $14.8M | $13.9M |
| Total assets | $176.6M | $180.6M | $171.1M | $143.7M | $160.4M | — |
| Total liabilities | $67.7M | $53.9M | $47.7M | $44.6M | $43.5M | — |
| Equity | $108.8M | $126.7M | $123.4M | $99.0M | $116.9M | $123.9M |
| EPS (diluted) | $0.01 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 |
| Shares out. | 554.9M | 551.4M | 605.6M | 601.0M | 601.9M | 572.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- 8.0%
- Net margin
- 3.1%
- Return on equity
- 4.2%
- Return on assets
- 2.6%
- Return on capital (ROCE)
- 9.3%
- Liabilities / assets
- 38.4%
- Debt / equity
- 0.62×
- Book value / share
- $0.20
- Revenue growth (YoY)
- 1.2%
- Net income growth (YoY)
- −49.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- 4.24safe
- Accruals / assets
- −9.9%clean
- Beneish M-Score
- -3.06normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Jun 14, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Dell Paul MOfficer — Group Chief Financial Officer | Apr 2, 2024 | D | 594,889 | — |
| Bruyns Stephen RDirector | Apr 2, 2024 | D | 3.7M | — |
| Jacobs IanDirector | Apr 2, 2024 | D | 240,700 | — |
| Joselowitz Stefan BOfficer — President and CEO | Apr 2, 2024 | D | 20.3M | — |
| Pretorius GertOfficer — Executive Vice President | Apr 2, 2024 | D | 1.5M | — |
| Lewis Catherine JOfficer — Executive Vice President | Apr 2, 2024 | D | 2.5M | — |
| Tasker Charles WOfficer — Chief Operations Officer | Apr 2, 2024 | D | 5.9M | — |
| Frew Robin A10% owner | Sep 5, 2023 | Sell | 776,825 | $0.28 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureMar 27, 2024
- Entered a material agreement · New financial obligationMar 20, 2024
- Regulation FD disclosureMar 15, 2024
- Shareholder vote · Regulation FD disclosureFeb 28, 2024
- Regulation FD disclosureFeb 27, 2024
- Regulation FD disclosureFeb 2, 2024
- Regulation FD disclosureFeb 1, 2024
- Results of operationsFeb 1, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GApr 5, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- 4OWNERSHIP DOCUMENTApr 4, 2024
- S-8 POSApr 2, 2024
- S-8 POSApr 2, 2024
- 8-KMar 27, 2024
- 25-NSEMar 26, 2024
- 8-KFORM 8-KMar 20, 2024
- 8-KMar 15, 2024
- 8-KFeb 28, 2024
Event-driven situations (1)
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