Karooooo Ltd Stock Price, News & Analysis

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.

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.

Karooooo (NASDAQ:KARO) reported robust Q1 2026 results, with significant growth across key metrics. The company's Cartrack subscription revenue grew 19% year-over-year to ZAR1,138 million, while total Cartrack revenue increased 18% to ZAR1,156 million.

The company expanded its subscriber base by 17% to 2.4 million, adding 84,013 net subscribers during the quarter. Southeast Asia emerged as the fastest-growing region with 30% revenue growth. Karooooo's EPS rose 19% to ZAR8.55, and its logistics segment revenue grew 20% to ZAR121 million.

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.