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BRIEF-MiX Telematics Q4 subscription revenue up 14 pct
May 28, 2015 / 6:31 AM / 2 years ago

BRIEF-MiX Telematics Q4 subscription revenue up 14 pct

May 28 (Reuters) - Mix Telematics Ltd :

* Q4 subscription revenue of R266 million ($22 million), grew 14 pct year over year

* Subscribers increased by 14 pct year on year, bringing total to over 512,000 subscribers

* Gross profit was R257.4 million ($21.3 million), as compared to R241.0 million

* Q4 adjusted EBITDA of R84 million ($7 million), representing a 23 pct margin Source text for Eikon: Further company coverage:

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