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. reports developments in cloud-based mobility and operational intelligence for commercial fleets, connected vehicles and other assets. The company owns Cartrack and a majority stake in Karooooo Logistics, using its platform to support fleet maintenance, fuel management, asset utilization, workforce management, logistics, safety, compliance, risk management and environmental monitoring.
Recurring news includes financial-result releases, SaaS subscription and ARR trends, active-subscriber growth, product adoption such as video and Cartrack Tag solutions, fleet-telematics integrations, market milestones and partnership activity tied to Cartrack’s operating platform.
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.
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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 (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.