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Karooooo Ltd Stock Price, News & Analysis

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Welcome to our dedicated page for Karooooo news (Ticker: KARO), a resource for investors and traders seeking the latest updates and insights on Karooooo stock.

Karooooo Ltd. (NASDAQ: KARO) is a Singapore-headquartered software company that focuses on cloud-based smart mobility and operations platforms for connected vehicles and other assets. Through its ownership of Cartrack and Karooooo Logistics, the group regularly releases news about subscription growth, financial results and developments in its SaaS platforms.

On this page, readers can follow news items such as quarterly and annual earnings releases, announcements about subscription revenue and subscriber trends, and updates on dividends or secondary offerings. Karooooo frequently issues press releases around its First, Second, Third and Fourth Quarter results, along with details of related investor webinars and presentations.

Because Cartrack is central to the group, many news articles highlight Cartrack’s subscription revenue performance, annualized recurring revenue, and net subscriber additions. Other updates cover Karooooo Logistics revenue trends and how growth in e-commerce orders affects that segment. The company also reports on partnerships that expand its data and technology capabilities, such as Cartrack’s integration of OEM vehicle data from major automotive groups into its SaaS fleet platform.

Investors and observers can also find announcements about Karooooo’s participation in technology and growth conferences hosted by financial institutions, as well as information on registration statements and secondary public offerings of ordinary shares. For anyone tracking KARO stock, this news feed offers a centralized view of the company’s operational performance, strategic partnerships, capital markets activity and investor relations events over time.

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Cartrack (NASDAQ: KARO) announced it has surpassed two million active subscribers in South Africa as of March 11, 2026, marking a major market milestone after two decades of operations. The company employs more than 5,500 people in-country and highlighted continued expansion through product innovation and customer focus.

This milestone underscores Cartrack's leadership in South Africa's mobility solutions market and signals a sustained growth runway as demand for its technology platform rises.

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Karooooo (KARO) will present at the Raymond James 27th Annual Institutional Investor Conference on March 4, 2026 at 4:00 p.m. ET. Richard Schubert, Group COO, and Paul Bieber, VP Investor Relations and Strategic Finance, will participate.

A live webcast will be available in the Events and Presentations section of Karooooo investor relations at karooooo.com.

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Cartrack (NASDAQ: KARO) partnered with Schmitz Cargobull to integrate TrailerConnect® telematics into Cartrack’s SaaS fleet platform, enabling real-time trailer visibility for fleets without extra hardware when using OEM-fitted devices.

Features include temperature, location, route, load-condition data, streamlined opt-in onboarding, GDPR compliance, and access via Cartrack dashboards and driver app. Cartrack serves over 125,000 commercial customers in 20+ countries.

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Karooooo (NASDAQ: KARO) was named to Singapore’s Fastest-Growing Companies 2026, recognised for delivering sustained growth from a large revenue base. The company reported SGD 334.6 million revenue in 2024 and was one of 16 firms on the list above SGD 100 million.

Inclusion reflects growth underpinned by Cartrack’s platform, operations in more than 20 countries, and service to millions of connected vehicles and assets.

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Karooooo (NASDAQ:KARO) reported Q3 2026 results for the quarter ended November 30, 2025, with accelerated ARR and subscriber growth. ARR rose 22% year‑over‑year to ZAR5,106 million and 28% in USD to USD298 million. Cartrack subscription revenue increased 20% Y/Y to ZAR1,236 million. Cartrack subscribers reached 2.6 million (+16% Y/Y) with record net additions of 111,478 (+29% Y/Y). Management attributed growth to customer expansion and adoption of Video and Cartrack Tag products and said it will continue investing in distribution capacity while emphasizing disciplined capital allocation and unit economics.

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Karooooo (NASDAQ: KARO) will release its Third Quarter 2026 financial results on Tuesday, January 20, 2026 shortly after 4:00 p.m. ET. A corresponding Zoom webinar for investors, analysts and media is scheduled for Wednesday, January 21, 2026 at 8:00 a.m. ET (03:00 p.m. South Africa; 09:00 p.m. Singapore).

Join the webinar at the provided Zoom link using Webinar ID 826 1154 5679 or by telephone (US toll-free +1 646 558 8656; South Africa toll-free +27 87 551 7702). A replay will be available at www.karooooo.com about three hours after the live event concludes.

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Karooooo (NASDAQ:KARO) announced investor presentations by Chief Strategy & Marketing Officer Carmen Calisto at two December conferences.

Calisto will present at the UBS Global Technology and AI Conference on Wednesday, December 3, 2025 at 6:15 p.m. ET and at the Raymond James TMT & Consumer Conference on Tuesday, December 9, 2025 at 3:00 p.m. ET. Both presentations will be available via live webcast in the Events and Presentations section of Karooooo's investor relations website at karooooo.com.

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Cartrack (NASDAQ: KARO) formed a partnership with Volkswagen Group Info Services AG to integrate real-time OEM vehicle data across six Volkswagen Group brands in Europe.

The collaboration provides instant, hardware-free access to operational and diagnostic data (warning lights, mileage, fuel) via Cartrack’s SaaS platform, includes complimentary training, automatic remote activation, and complies with GDPR. Cartrack’s Operations Cloud serves over 125,000 commercial clients.

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Karooooo (NASDAQ:KARO) reported Q2 2026 results for the period ended August 31, 2025, showing accelerated subscription growth and improved profitability.

Key metrics: subscription revenue +20% to ZAR1,182 million; Cartrack SaaS ARR +20% to ZAR4,806 million; adjusted EPS +13% to ZAR8.28; subscribers +15% to 2.5 million; operating profit +18% to ZAR356 million. Subscription revenue represented 98% of total revenue. Karooooo Logistics revenue rose 38% to ZAR139 million. After a cash dividend of USD38.6 million, net cash and cash equivalents were ZAR393 million as at August 31, 2025.

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FAQ

What is the current stock price of Karooooo (KARO)?

The current stock price of Karooooo (KARO) is $47.26 as of March 11, 2026.

What is the market cap of Karooooo (KARO)?

The market cap of Karooooo (KARO) is approximately 1.4B.

KARO Rankings

KARO Stock Data

1.44B
6.46M
Software - Application
Technology
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Singapore
Singapore

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