SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), has entered into a partnership with Schmitz Cargobull, Europe's premier manufacturer of semi-trailers and a trailblazer in digital trailer connectivity. The partnership enables seamless integration of TrailerConnect® telematics data into Cartrack's platform, givi...
SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (NASDAQ: KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that it earned a place on Singapore's Fastest-Growing Companies 2026, an annual ranking compiled by global research firm Statista, in collaboration with The Straits Times, Singapore's leading newspaper. The list recognis...
Karooooo Ltd. delivered its 10th consecutive EPS beat in Q3, with revenue up 22% and subscriber growth of 16% year-over-year. KARO's asset-light model and operating leverage drove a 14% increase in operating profit and a 28% rise in adjusted free cash flow. Cartrack remains the primary EBITDA contributor, while the logistics segment is emerging as a potential hidden asset despite modest growth.
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the third quarter (“Q3 2026”) ended November 30, 2025. Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, “the group”). Q3 2026 Financial highlights include: Cartrack's SaaS annualized recurring revenue (“ARR”) growth accelerated to 22% Y/Y reaching ZAR5,106 mill...
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 81% of Karooooo Logistics, announced that the Company will release its Third Quarter 2026 Financial Results on Tuesday, January 20, 2026 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Wednesday, January 21, 2026 at 08:0...
I'm ugrading Karooooo Ltd. to a Buy on accelerating, profitable revenue growth and disciplined cost management. KARO's Logistics segment is outpacing Cartrack in its growth rate, driven by e-commerce and high customer retention, supporting a robust LTV to CAC of over 9x. Management highlights strong demand exceeding current onboarding capacity, with strategic expansion in Southeast Asia and Eur...
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