good started strong with our Thank everyone. you, financial positive year We our Paul. expectations. the momentum of with results. and And fiscal MiX ahead internal sustained began XXXX and morning, operational results
We ARR increased subscriber continued currency EBITDA XX%, our while basis basis, over margin base a adjusted year-over-year points. to and by by constant XXX on grow expanded our
organization macroeconomic backdrop. a continues against challenging to Our perform well
added in subscribers Following reaching of X year, million net in XX,XXX of our last fiscal subscribers we QX. achievement over new QX
Our stream, diversified globally which base continued growing revenue future subscriber growth. drives recurring positions for SaaS a high-quality profitable us well
in of up acquisition. QX detail, revenue of the Subscription revenue FSM to our more year-over-year currency, attributable the XX% nearly was Looking in with revenue increase at and comprised XX% constant total X%
tracking particular by segment and strength asset strong our continue performance driven within with Our categories. results light fleet Africa to across be our
our both new growing customers. and the solutions AI seeing camera Vision also MiX are global existing demand for We from
conditions pipeline further fleet continue elongate normalize. While global growth confident remain cycles, sales that current accelerate as will our conditions expanding premium economic we our macroeconomic to
this U.S. Europe. in seeing and We're the of in already signs
their value drive businesses. save money customers improved behavior. a cost broad through array Our driving We for and operational from achieving product of customers wide significant come solutions fuel to and portfolio provides that help efficiencies
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and and important During the geographies. several verticals different wins signed quarter, large across we
and fleet these of to equipped addition being expanding primarily Africa light market least In and wins X,XXX transportation solution. success region asset vehicles over our included energy in our verticals. team the the additional wins new at seven one with significant commercial adoption tracking mix its within with fleet continued solutions,
those provide in to as AI. premium our our of combination. value fleet included solutions client testament exponential solution Vision the great mixed Five new pairing MiX is a when wins multiproduct This contracts, used with such
XXX than deploying In [ph] we to premium solutions tracking in the Australia, net our in fleet company more had into which assets, a trader is trucks. transport is solution addition already
XG strong fact, MiX as solution for that with operations. upgrade geography. re-sign In to our our well their deployment to in and demand displaced base XX/X also working competitor XG customer traded is We've the transport existing seen we a from from
how subscriptions company driver solution we additional and after XXX oil large added seeing fatigue. MiX our gas assets over for upgraded Vision One detect and for service subscriptions AI the
of in significantly fast board, the of retailer coming for a the great major logos food signaling driver added Australia The more accelerated multiple with QX momentum we've on Lastly, which new from the safety solutions. mining remainder best-in-class in sector, demands U.S. financial expansion year. franchisees
Vision June, –MiX by upsells Europe And with client in We while AI since over October connections. region new with expanded adding base existing had us new major considerable customers, our month XXXX. their XXX into orders placed success U.S. had subscriber a also highest business of its
new to meet in During or This video fleets. other customers making quarter, customers. footage module our from development their even customers AI towards regions Vision innovate view, We to also continued we where technology trend help deployed, vehicle our needs exponentially electric growing as is is potential we evolving critical hybrid our portfolio product the the in electrification it easier features on and Europe completed and an MiX consistently and for of invest especially the fleet solutions. to the were current manage the of manage to act electric Exciting operations
flow. reported and XX% our QX We XX%, million, year. of EBITDA with year a margin to profitability of basis from EBITDA adjusted up nearly XXX adjusted $X.X of cash last Turning points to up compared ago,
We are recurring the pleased with model. again revenue our result, this which scalability underlines of
executing the exist and continue our to fiscal XXXX. and strategy balancing flow and expansion of during broader we remainder profitability margin environment, continue on further intend the free cash expect performance in While unknowns growth to strong of
We reported cash quarter of cash million. with free cash breakeven equivalents $XX.X the flow and and ended
to continue view current efforts. our a We strategic M&A unleveraged particularly our advantage, as sheet balance given
in allocation opportunities. expanding capital pursuing also will When and sales we strategy, comes while development continue our invest it product to force M&A strategic our to
any is on have have we today, latter potential don't the evaluating that I constantly material know team While dedicated opportunities. a updates that
overall proposition closely Directors and in growing value deeply leadership shareholder accretive Our looking are value. and for options of Board that can enhance our invested are platform of team the
on guidance we Looking ahead of are to the XXXX, remainder provided the call. reiterating our last we fiscal
single-digit term. continue progress profitability delivering We ARR growth adjusted margin north high we year, can our EBITDA the to XX that to the we believe of success we performance goal growth expect as organic continue consistent approach mid Rule balanced our in XX%. an will to towards and towards deliver drive of For our of full and medium
remain would ability an Paul? our growing emphasize improved economic we as to strategy our like time to QX our I that Paul, confident we results in with to continue margins pleased over over outlook. and and hand from I on benefit were Before and execute expanding strong
