Karooooo Ltd Stock News

SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Group Chief Operating Officer Richard Schubert will participate in the Raymond James 26th Annual Institutional Investor Conference in Orlando, FL on Tuesday, March 4th at 4:35 p.m. ET. A live webcast of the presentation will be available in th...

JOHANNESBURG, South Africa--(BUSINESS WIRE)--Cartrack, a subsidiary of Karooooo Limited (NASDAQ: KARO), today announced the launch of Cartrack-Tag, an advanced wireless asset tag designed to meet the increasing need for rapid asset tracking of physical assets used in commercial operations. The new solution provides enhanced visibility in challenging environments, including low or no cellular ne...

Karooooo Ltd.'s Cartrack unit thrives on subscription revenue, connecting 1.9 million vehicles and offering comprehensive SaaS services, enhancing operational efficiency and tackling fuel fraud. Despite strong subscriber growth and impressive profitability, Karooooo's high P/E ratio and revenue struggles in Southeast Asia warrant a “Hold” rating. Q3 earnings reveal a 15% revenue increase, with ...

Karooooo Ltd. (NASDAQ:KARO ) Q3 2025 Earnings Conference Call January 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy and Marketing Officer Goy Hoeshin - Chief Financial Officer Zak Calisto - Chief Executive Officer Conference Call Participants Operator Hello and welcome to Karooooo's Financial Year 2025 Q3 Earnings Call.

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) (NASDAQ: KARO) reported strong results in the third quarter of FY2025 (“Q3 2025”) ended November, 30 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”). Financial and operational highlights include: Karooooo subscribers increased 17% Y/Y to 2.22 million Cartrack net quarterly subscriber addi...

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 Third Quarter 2025 Financial Results on Tuesday, January 14, 2025 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Wednesday, January 15, 2024 at 08...

Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Fleet Management in Southeast Asia - 1st Edition" report has been added to ResearchAndMarkets.com's offering.

Karooooo is continuing to expand in Southeast Asia, leveraging favorable market conditions and an underpenetrated market. The Southeast Asian telematics market is projected to grow at a CAGR of 11.53% from 2024 to 2029, adding c3.4m IoT devices. KARO's experience in emerging markets and scalable solutions position it well to capture the growing demand for telematics in Southeast Asia.