Johannesburg – New York and JSE-listed MiX Telematics reports lower profit, despite having hit the 600 000 subscriber mark.
In a statement issued on Thursday, the company said this was as of the three months to December.
MiX provides fleet and mobile asset management solutions delivered as software-as-a-service (Saas).
The subscribers are across its combined fleet and consumer customer base.
“Passing the 600 000 subscriber mark is a great achievement,” says CEO Stefan Joselowitz.