Karooooo

Karooooo Pte Ltd. operates as an investment holding company, which provides real-time mobility data analytics solutions for smart transportation. It operates through the following segments: South Africa, Africa-Other, Europe, and Asia-Pacific Middle East and USA. The Africa-Other segment consisting of operations in Mozambique, Tanzania, Kenya, Namibia, Nigeria, Botswana, Malawi, Rwanda, Eswatini and Zimbabwe. The Europe segment consisting of operations in Portugal, Poland and Spain. The Asia-Pacific Middle East and USA segment consisting of operations in Singapore, Thailand, the Philippines, Hong Kong, Malaysia, Indonesia, the UAE, New Zealand and the United States. The company was founded on May 19, 2018 and is headquartered in Singapore.

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Karooooo reports robust Q1 earnings, eyes expansion in key markets

Karooooo delivered impressive financial results in Q1 2025, driven by strong subscription revenue growth and operational performance.
The company's culture, focus on simplifying operations, and data-driven insights are key strengths contributing to its success.
While facing challenges in a competitive landscape, Karooooo has opportunities to expand its market presence and drive innovation for sustained growth.

Karooooo posts robust Q2 results, eyes expansion amid challenges

Karooooo's Q2 performance reflects strong revenue growth, profitability, and subscriber base expansion.
The company's focus on customer retention, strategic investments, and increased guidance signal confidence in future prospects.
While challenges like market competition and operational scalability exist, Karooooo is well-positioned to capitalize on growth opportunities.
By navigating challenges effectively and seizing opportunities, Karooooo aims to sustain its growth trajectory and enhance shareholder value.

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Karooooo Ltd. engages in providing mobility data analytics solutions for the transportation industry. It operates through the following business segments: Cartrack, Carzuka, and Karooooo Logistics. The Cartrack segment provides an on-the-ground operational Internet of Things Software-as-a-service cloud. The Carzuka segment refers to a physical and e-commerce vehicle buying and selling marketplace. The Karooooo Logistics segment offers software applications enabling the management of last mile delivery and general operational logistics. It also operates through the South Africa, Africa-Other, Europe, and Asia-Pacific Middle East and U.S.A geographical segments. The company was founded on May 19, 2018 and is headquartered in Singapore.

Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Fleet Management in Southeast Asia - 1st Edition" report has been added to ResearchAndMarkets.com's offering.

Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink

Karooooo is continuing to expand in Southeast Asia, leveraging favorable market conditions and an underpenetrated market. The Southeast Asian telematics market is projected to grow at a CAGR of 11.53% from 2024 to 2029, adding c3.4m IoT devices. KARO's experience in emerging markets and scalable solutions position it well to capture the growing demand for telematics in Southeast Asia.

Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects

Karooooo Ltd. is a SaaS mobility company with promising growth attributes, driven by its Cartrack and Logistics services. Despite a Q2 revenue miss, Karooooo's subscription revenue grew by 17%, and its earnings per share surged 31% year-over-year, conveying an exponential trajectory. Karooooo's logistics segment looks like a hidden asset, complementing its mature Cartrack business, which benefits from vehicle safety demands in South Africa.

Karooooo: An Overlooked GARP Gem

Karooooo Ltd. reported mixed Q2 results, with strong subscriber growth and efficient margins but missed revenue expectations and faced challenges in Southeast Asia. Despite a 15% stock drop post-earnings, the company boasts an impressive 46.63% dividend growth over two years and a solid financial position. Management is optimistic about long-term growth, focusing on AI integration and expanding in Southeast Asia, despite potential short-term margin pressure and ARPU decline.

Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls

Karooooo Ltd. (NASDAQ:KARO ) Q2 2025 Earnings Conference Call October 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group CFO Zak Calisto - Founder, CEO & Director Carmen Calisto Hello and welcome to Karooooo's Financial Year 2025 Q2 Earnings Call.

Karooooo Ltd. (KARO) Q2 2025 Earnings Call Transcript

Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share.

Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”). Financial and operational highlights include: Karooooo subscribers increased 17% Y/Y to 2.14 million Cartrack net subscriber additions increased 18% Y/Y to a record 89,168 Cartrack gross margin improved approximately 3.

Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins

Shares of Karooooo Ltd (KARO, Financial) surged 5.86% in mid-day trading on Oct 2. The stock reached an intraday high of $40.17, before settling at $39.17, up from its previous close of $37.00.

Karooooo Ltd (KARO) Trading 5.86% Higher on Oct 2

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Second Quarter 2025 Financial Results on Monday, October 14, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Tuesday, October 15, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors are invite.

Karooooo to Announce Second Quarter 2025 Results on October 14, 2024

Karooooo is a leading provider of an on-the-ground operations cloud, with Cartrack as its most important segment, contributing over 80% of revenue. The company flies under the radar due to its size and foreign operations, presenting a unique opportunity. Karooooo generates close to 80% of its revenue in South Africa, with Southeast Asia as its next big market.

Karooooo: A Bet On Emerging Markets And Data

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced that Isaias (Zak) Jose Calisto (the “Selling Shareholder”), Karooooo's Chief Executive Officer, has terminated the underwritten secondary public offering (the “Offering”) of ordinary shares previously announced on July 24, 2024. Though the proposed Offering, which was undertaken by the Selling Shareholder with the goal of improving liquidity for investors, was met with significant investor interest and an oversubscription of.

Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced the commencement of an underwritten secondary public offering (the “Offering”) of a number of its ordinary shares held by Isaias (Zak) Jose Calisto, Karooooo's chief executive officer (the “Selling Shareholder”), that generates $75.0 million in gross proceeds. In addition, the underwriters of the Offering will have a 30-day option to purchase up to a number of additional ordinary shares that generates $11.25 million in gross.

Karooooo Ltd. Announces Launch of Secondary Public Offering of Ordinary Shares

Karooooo Ltd. (NASDAQ:KARO ) Q1 2025 Results Conference Call July 19, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group Chief Financial Officer Zak Calisto - Founder, CEO & Director Carmen Calisto Hello, and welcome to Karooooo's Financial Year 2025 Q1 Earnings Call.

Karooooo Ltd. (KARO) Q1 2025 Earnings Call Transcript

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack and 74.8% of Karooooo Logistics, reported strong results for the quarter ended May 31, 2024 (“Q1 2025”) and retained its positive outlook for the year. Zak Calisto, CEO and Founder: “The group's robust results, distribution expansion, vertically-integrated cloud platform enhancements, new generation AI-Powered telemetry and the prospect of improved economic conditions in South Africa, give us confidence that we can continue to ext.

Karooooo Continues to Grow at Scale and Increases Earnings by 41%

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack Holdings, announced that the Company will release its First Quarter 2025 Financial Results on Thursday, July 18, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Friday, July 19, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors, analysts and the media are invited to.

Karooooo to Announce First Quarter 2025 Results on July 18, 2024

Karooooo is a cloud-based fleet management solutions company focused on South Africa. The company's stock performance has been lackluster, but it has shown momentum with a 13% YTD increase. Near-term prospect remains attractive, given Cartrack's strong reputation and market position in the growing domestic market.

Karooooo: Optimistic Near-Term Outlook

Karooooo is a rapidly growing South African telematics company that is returning capital to shareholders. The company's main KPI is the number of paying subscribers, which is expected to reach 2.2M to 2.4M by 2025. Karooooo has partnered with auto manufacturers and expects these partnerships to contribute to its results in the medium term.

Karooooo: High-Quality SaaS At A Reasonable Valuation

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Karooooo Ltd. (NASDAQ:KARO ) Q4 2024 Earnings Call Transcript May 16, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy & Marketing Officer Goy Hoeshin - CFO Zak Calisto - CEO and Founder Carmen Calisto Hello and welcome to Karooooo's Financial Year 2024 Q4 and Full Year Earnings Call.

Karooooo Ltd. (KARO) Q4 2024 Earnings Call Transcript

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business operational intelligence, reported strong results for the fourth quarter and full year ended February 29, 2024 (“Q4 2024” and “FY 2024”). Zak Calisto, CEO and Founder: “We believe Karooooo is well positioned to continue to grow at scale across diverse industries. We operate in a growing and largely underpenetrated market, with strong demand coming from customers needing to differe.

Karooooo Reports Strong Customer Acquisition With Annual EPS up 24% and Q4 EPS up by 45%

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack Holdings, announced that the Company will release its Fourth Quarter and Full Year 2024 Financial Results on Wednesday, May 15, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Thursday, May 16, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors, analysts and the media.

Karooooo to Announce Fourth Quarter and Full Year 2024 Results on May 15, 2024

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