Contrasting Apex Technology Acquisition (NASDAQ:APXT) & MiX Telematics (NYSE:MIXT)

Profitability

This table compares Apex Technology Acquisition and MiX Telematics’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Apex Technology Acquisition	N/A	-750.42%	-10.63%
MiX Telematics	3.72%	8.45%	5.11%

Volatility and Risk

Apex Technology Acquisition has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500. Comparatively, MiX Telematics has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500.

Earnings & Valuation

This table compares Apex Technology Acquisition and MiX Telematics”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Apex Technology Acquisition	N/A	N/A	-$60.72 million	N/A	N/A
MiX Telematics	$150.06 million	2.36	$4.52 million	$0.25	58.20

MiX Telematics has higher revenue and earnings than Apex Technology Acquisition.

Institutional and Insider Ownership

6.0% of Apex Technology Acquisition shares are owned by institutional investors. Comparatively, 45.7% of MiX Telematics shares are owned by institutional investors. 21.1% of Apex Technology Acquisition shares are owned by insiders. Comparatively, 12.4% of MiX Telematics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

MiX Telematics beats Apex Technology Acquisition on 7 of the 8 factors compared between the two stocks.

About Apex Technology Acquisition

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.

About MiX Telematics

MiX Telematics Limited, together with its subsidiaries, provides fleet and mobile asset management solutions through software-as-a-service (SaaS) delivery model. It offers MiX Fleet Manager, a commercial fleet management solution comprising MyMiX, an innovative driver engagement platform; MiX Vision, an on-road and in-vehicle video recording solution; MiX Rovi, an in-vehicle display and communications system; MiX RIBAS and DriveMate, an in-cab driving aid solution; MiX Hours of Service, which allows real-time monitoring and compliance; MiX Journey Management, an easy-to-use electronic alternative to paper-based systems; and MiX OEM Connect allows customer instant, direct integration to relevant, and powerful telematics data. The company provides MiX Asset Manager, asset tracking products including generators, light towers, storage tanks and pumps, and asset management solution for visibility of corporate assets; and Matrix, a suite of mobile asset management solutions for entry-level fleets and consumers, which offers real-time and historical vehicle tracking, and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications. In addition, it offers Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection. The company delivers fleet and mobile asset management solutions as SaaS to 1,001,800 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida.