Karooooo Ltd. (KARO)
| Market Cap | 1.54B |
| Revenue (ttm) | 306.60M |
| Net Income (ttm) | 59.71M |
| Shares Out | 30.89M |
| EPS (ttm) | 1.93 |
| PE Ratio | 25.87 |
| Forward PE | 22.55 |
| Dividend | $1.25 (2.50%) |
| Ex-Dividend Date | Aug 15, 2025 |
| Volume | 53,661 |
| Open | 49.71 |
| Previous Close | 49.84 |
| Day's Range | 49.53 - 50.62 |
| 52-Week Range | 41.25 - 63.36 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 59.33 (+18.68%) |
| Earnings Date | May 13, 2026 |
About KARO
Karooooo Ltd. provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Management, which provides real-time visibility into the asset base; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration for cost management and administration capabilities; and Karooooo Logistics, a softw... [Read more]
Financial Performance
In fiscal year 2025, Karooooo's revenue was 4.57 billion, an increase of 8.61% compared to the previous year's 4.21 billion. Earnings were 921.03 million, an increase of 24.77%.
Financial numbers in ZAR Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for KARO stock is "Strong Buy." The 12-month stock price target is $59.33, which is an increase of 18.68% from the latest price.
News
Cartrack and Maharishi Invincibility Institute Partner to Build Long-Term Skills and Employment Pathways for South Africa's Youth
JOHANNESBURG--(BUSINESS WIRE)--Cartrack, a leading global software platform for operational excellence and subsidiary of Karooooo Limited (NASDAQ: KARO), has announced a strategic long-term partnershi...
Cartrack Surpasses Two Million Subscribers in South Africa
SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), today announced that it has surpassed two million active subscribe...
Karooooo Transcript: 47th Annual Raymond James Institutional Investor Conference
The platform achieved 28% ARR growth and 22% total revenue growth, driven by strong sales investments and expanding telematics and video solutions. Strategic focus on innovation, customer integration, and regulatory tailwinds supports continued acceleration, with a unique financial profile and robust free cash flow.
Karooooo to Present at The Raymond James 27th Annual Institutional Investors Conference
SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that Richard Schubert, Group Chief O...
Cartrack Partners With Schmitz Cargobull to Deliver Integrated Fleet Telematics Solution for Trailers
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 pr...
Karooooo Recognised Among Singapore's Fastest-Growing Companies, Reflecting Sustained Growth at Scale
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 ...
Karooooo Earnings Call Transcript: Q3 2026
Q3 saw record ARR growth, strong subscriber momentum, and robust profitability, with total revenue up 22% and subscription revenue up 20% year-over-year. Cartrack and Karooooo Logistics both delivered strong results, and FY 2026 guidance was raised for Cartrack subscription revenue and margins.
Karooooo Accelerates ARR Growth by 28% to USD298 Million
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...
Karooooo to Announce Third Quarter 2026 Results on January 20, 2026
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 ...
Karooooo Transcript: Raymond James TMT and Consumer Conference
Strong subscription and ARPU growth are driven by vertical integration, aggressive sales hiring, and product innovation in AI video and asset tags. Southeast Asia and South Africa remain key growth regions, with a focus on profitability, reinvestment, and selective expansion.
Karooooo Transcript: UBS’s 2025 Global Technology and AI Conference
The company is accelerating revenue growth through upselling new products like Tag and video, expanding sales teams, and focusing on cross-sell opportunities, especially in South Africa and Asia. Margins remain strong despite increased investment, and ARPU is expected to rise as penetration of new offerings grows.
Karooooo to Participate in Upcoming Investor Conferences
SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Chief Strategy & Marketing Officer Carmen Cali...
Cartrack and Volkswagen Group Info Services AG Form Partnership for Fleet Data Integration
SINGAPORE--(BUSINESS WIRE)--Cartrack, a leading global mobility solutions provider and subsidiary of Karooooo Limited (NASDAQ: KARO), today announced its partnership with Volkswagen Group Info Service...
Karooooo Posts Downbeat Earnings, Joins ASP Isotopes And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures falling more than 150 points on Wednesday.
Karooooo Earnings Call Transcript: Q2 2026
Q2 FY 2026 delivered 21% revenue growth and 20% subscription revenue growth, with strong margins and robust customer retention. Cartrack and Karooooo Logistics segments both accelerated, supported by disciplined capital allocation and expanding market opportunities.
Karooooo Accelerates Subscription Revenue Growth from 15% to 20%
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2026”) ended August 31, 2025. Karooooo owns 100% of Cartrack and 74....
Karooooo to Announce Second Quarter 2026 Results on October 14, 2025
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 Seco...
Karooooo Earnings Call Transcript: Q1 2026
Q1 FY2026 delivered 18% revenue growth and 19% EPS growth, driven by strong Cartrack and Logistics performance, high retention, and robust subscriber additions across all regions. Management reaffirmed FY2026 outlook, prioritizing organic growth and innovation.
Karooooo Reports Strong Q1 2026 Results Highlighted By Accelerating Cartrack Revenue Growth
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2026”) ended May 31, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics. ...
Karooooo to Announce First Quarter 2026 Results on July 22, 2025
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 Firs...
Karooooo Ltd. Announces Pricing of Secondary Public Offering of Ordinary Shares
SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) announced the pricing of an underwritten secondary public offering (the “Offering”) of 1,500,000 ordinary shares held by Isaias (Zak) Jose Calist...
Karooooo Earnings Call Transcript: Q4 2025
FY2025 delivered strong growth with subscription revenue up 15% and operating profit up 26%, driven by Cartrack's robust performance and Karooooo Logistics' rapid expansion. FY2026 guidance targets 16–21% subscription revenue growth, with continued investment in sales and innovation.
Karooooo Reports Record Q4 and FY2025 Results Fuelled by Accelerating Cartrack Subscriber Revenue Growth and Robust Profitability
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported record results for the fourth quarter (“Q4 2025”) and full-year FY 2025 ended February 28, 2025. Karooooo owns 100% of Cartrack and 7...
Karooooo to Announce Fourth Quarter and Full Year 2025 Results on May 14, 2025
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), that owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Fourt...
Karooooo Transcript: Raymond James & Associates’ 46th Annual Institutional Investors Conference 2025
A SaaS platform with 2.2 million subscribers is driving strong growth through vertical integration, AI-powered solutions, and expansion in underpenetrated markets like Southeast Asia. Financial performance is robust, with high margins, strong cash flow, and disciplined capital allocation, while ongoing innovation and a founder-led culture support long-term growth.