Karooooo Ltd Stock Price, News & Analysis

Karooooo (NASDAQ: KARO), owner of Cartrack and 74.8% of Karooooo Logistics, has scheduled its First Quarter 2026 Financial Results release for July 22, 2025, after 4:00 PM ET.

The company will host a Zoom webinar on July 23, 2025, at 8:00 AM ET (2:00 PM South African time; 8:00 PM Singaporean time). A replay will be available on the company's website approximately three hours after the event.

Karooooo Ltd. announced the pricing of a secondary public offering of 1.5 million ordinary shares at $50.00 per share, with total gross proceeds of $75.0 million. The shares are being sold by CEO Isaias Calisto, with underwriters having a 30-day option to purchase an additional 225,000 shares. The company will not receive any proceeds from the sale but will bear associated costs. Post-offering, Calisto will retain 58.00% ownership (or 57.27% if the option is exercised). Chief Sales Officer Juan Marais owns 10.52% through One Spire, with an agreement to vote as directed by Calisto if his ownership falls below 51%. The offering, led by UBS Investment Bank, William Blair, and Standard Bank, is expected to close on June 13, 2025.

Karooooo (KARO) reported strong financial results for Q4 and FY2025. The company's subscription revenue grew 16% YoY to ZAR1,086 million in Q4 2025, while operating profit jumped 30% to ZAR385 million. Total subscribers increased 17% YoY to 2.3 million.

The company's main subsidiary, Cartrack, saw accelerated growth with subscription revenue up 16% to ZAR1,084 million and added 79,009 new subscribers in Q4. Notably, Karooooo's adjusted EPS surged 39% to ZAR9.48 in Q4 2025, while FY2025 adjusted EPS rose 33% to ZAR31.67.

Southeast Asia emerged as a key growth market, with 31% constant currency subscription revenue growth in Q4. The company enhanced its platform with advanced AI Video capabilities and launched the Cartrack-Tag, positioning itself for continued growth in FY2026.

Karooooo Limited (NASDAQ: KARO) has scheduled its Fourth Quarter and Full Year 2025 Financial Results release for May 14, 2025 after 4:00 PM ET. The company will host a Zoom webinar to discuss the results on May 15, 2025 at 8:00 AM ET. Additionally, Group CEO Zak Calisto will participate in two upcoming conferences: the Bank of America Emerging Markets Corporate Conference (May 28-29, 2025) and the William Blair 45th Annual Growth Stock Conference (June 3-4, 2025).

Karooooo (KARO), a smart mobility SaaS platform provider specializing in connected vehicles and mobile assets, has announced its participation in the Raymond James 26th Annual Institutional Investor Conference. Group Chief Operating Officer Richard Schubert will represent the company at the event, which takes place in Orlando, FL on Tuesday, March 4th at 4:35 p.m. ET.

Interested parties can access a live webcast of the presentation through the Events and Presentations section on Karooooo's Investor Relations website at karooooo.com.

Cartrack, a subsidiary of Karooooo (NASDAQ: KARO), has launched Cartrack-Tag, an advanced wireless asset tracking device designed for commercial operations. The device operates independently of cellular networks and is resistant to signal jamming, providing enhanced visibility in challenging environments.

The solution leverages Cartrack's proprietary network across Southern Africa, offering near real-time tracking capabilities and tamper-resistant features. When paired with a Cartrack IoT device, it detects signal interference attempts and instantly alerts both asset owners and Cartrack's 24/7 surveillance team.

Key features include centralized asset monitoring, geofencing capabilities, separation alerts for cargo theft prevention, and operational optimization tools. The system helps businesses minimize downtime, reduce operating expenses, and improve resource allocation efficiency. Cartrack currently serves over 2,270,000 active subscribers across 23 countries.

Karooooo (NASDAQ: KARO) reported strong Q3 2025 results with significant growth across key metrics. The company's subscriber base grew 17% year-over-year to 2.22 million, while Cartrack net quarterly subscriber additions increased 15% to 86,617. Quarterly earnings per share reached a record ZAR7.68, up 21% year-over-year.

Subscription revenue increased 14% to ZAR1,032 million, and operating profit rose 18% to ZAR325 million. Cartrack's total revenue grew 14% to ZAR1,051 million, with subscription revenue representing 98% of total revenue. Karooooo Logistics showed strong performance with a 20% revenue increase to ZAR109 million.

The company highlighted its expansion in Europe, strong growth in Southeast Asia's subscription revenue (26% on constant currency), and the introduction of new fuel validation software to help customers prevent fraudulent transactions and improve operational efficiency.

Karooooo (NASDAQ: KARO), owner of Cartrack (100%) and Karooooo Logistics (74.8%), has scheduled its Third Quarter 2025 Financial Results release for Tuesday, January 14, 2025, after 04:00 p.m. Eastern Time. The company will host a Zoom webinar to discuss the results on Wednesday, January 15, 2024, at 08:00 a.m. Eastern Time (03:00 p.m. South African time; 09:00 p.m. Singaporean time). Investors can join via Zoom or telephone, with toll-free options available for US and South Africa participants. A replay will be accessible on the company's website approximately three hours after the event.

Karooooo reported strong Q2 2025 and HY 2025 results, ending August 31, 2024. Key highlights include:

• 17% Y/Y increase in subscribers to 2.14 million
• 18% Y/Y increase in Cartrack net subscriber additions to 89,168
• 300bps Y/Y improvement in Cartrack gross margin to 74%
• 31% Y/Y increase in adjusted earnings per share to ZAR7.35

Karooooo grew subscription revenue by 15% to ZAR986 million, with operating profit up 22% to ZAR302 million. Cartrack's subscription revenue grew 15% to ZAR983 million, representing 98% of total revenue. Karooooo Logistics saw a 40% revenue increase to ZAR101 million. The company has raised its FY25 outlook for subscribers and Cartrack subscription revenue.