Karooooo logo

KaroooooNASDAQ: KARO

Profile

Sector:

Technology

Country:

Singapore

IPO:

01 April 2021

Next earnings report:

23 January 2025

Last dividends:

08 August 2024

Next dividends:

N/A
$1.21 B
-21%vs. 3y high
55%vs. sector
-34%vs. 3y high
44%vs. sector
-21%vs. 3y high
84%vs. sector
-26%vs. 3y high
71%vs. sector

Price

regular market | 79 min ago
$39.19+$0.90(+2.35%)
$60.65 M$64.95 M
$60.65 M$11.59 M

Analysts recommendations

Institutional Ownership

KARO Latest News

Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink
globenewswire.com30 October 2024 Sentiment: NEUTRAL

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

Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects
seekingalpha.com22 October 2024 Sentiment: POSITIVE

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.

Karooooo: An Overlooked GARP Gem
seekingalpha.com16 October 2024 Sentiment: POSITIVE

Karooooo Ltd. is a SaaS mobility company with promising growth attributes, driven by its Cartrack and Logistics services. Despite a Q2 revenue miss, Karooooo's subscription revenue grew by 17%, and its earnings per share surged 31% year-over-year, conveying an exponential trajectory. Karooooo's logistics segment looks like a hidden asset, complementing its mature Cartrack business, which benefits from vehicle safety demands in South Africa.

Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls
seekingalpha.com16 October 2024 Sentiment: POSITIVE

Karooooo Ltd. reported mixed Q2 results, with strong subscriber growth and efficient margins but missed revenue expectations and faced challenges in Southeast Asia. Despite a 15% stock drop post-earnings, the company boasts an impressive 46.63% dividend growth over two years and a solid financial position. Management is optimistic about long-term growth, focusing on AI integration and expanding in Southeast Asia, despite potential short-term margin pressure and ARPU decline.

Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates
zacks.com15 October 2024 Sentiment: POSITIVE

Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share.

Karooooo: A Bet On Emerging Markets And Data
seekingalpha.com31 July 2024 Sentiment: POSITIVE

Karooooo is a leading provider of an on-the-ground operations cloud, with Cartrack as its most important segment, contributing over 80% of revenue. The company flies under the radar due to its size and foreign operations, presenting a unique opportunity. Karooooo generates close to 80% of its revenue in South Africa, with Southeast Asia as its next big market.

Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions
businesswire.com26 July 2024 Sentiment: NEUTRAL

SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced that Isaias (Zak) Jose Calisto (the “Selling Shareholder”), Karooooo's Chief Executive Officer, has terminated the underwritten secondary public offering (the “Offering”) of ordinary shares previously announced on July 24, 2024. Though the proposed Offering, which was undertaken by the Selling Shareholder with the goal of improving liquidity for investors, was met with significant investor interest and an oversubscription of.

Karooooo Ltd. (KARO) Q1 2025 Earnings Call Transcript
seekingalpha.com19 July 2024 Sentiment: POSITIVE

Karooooo Ltd. (NASDAQ:KARO ) Q1 2025 Results Conference Call July 19, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group Chief Financial Officer Zak Calisto - Founder, CEO & Director Carmen Calisto Hello, and welcome to Karooooo's Financial Year 2025 Q1 Earnings Call.

Karooooo Continues to Grow at Scale and Increases Earnings by 41%
businesswire.com18 July 2024 Sentiment: POSITIVE

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack and 74.8% of Karooooo Logistics, reported strong results for the quarter ended May 31, 2024 (“Q1 2025”) and retained its positive outlook for the year. Zak Calisto, CEO and Founder: “The group's robust results, distribution expansion, vertically-integrated cloud platform enhancements, new generation AI-Powered telemetry and the prospect of improved economic conditions in South Africa, give us confidence that we can continue to ext.

Karooooo: High-Quality SaaS At A Reasonable Valuation
seekingalpha.com22 May 2024 Sentiment: POSITIVE

Karooooo is a rapidly growing South African telematics company that is returning capital to shareholders. The company's main KPI is the number of paying subscribers, which is expected to reach 2.2M to 2.4M by 2025. Karooooo has partnered with auto manufacturers and expects these partnerships to contribute to its results in the medium term.

What type of business is Karooooo?

Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence for cost management and administration capabilities; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka and cartrack insurance agency, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.

What sector is Karooooo in?

Karooooo is in the Technology sector

What industry is Karooooo in?

Karooooo is in the Software Application industry

What country is Karooooo from?

Karooooo is headquartered in Singapore

When did Karooooo go public?

Karooooo initial public offering (IPO) was on 01 April 2021

What is Karooooo website?

https://www.karooooo.com

Is Karooooo in the S&P 500?

No, Karooooo is not included in the S&P 500 index

Is Karooooo in the NASDAQ 100?

No, Karooooo is not included in the NASDAQ 100 index

Is Karooooo in the Dow Jones?

No, Karooooo is not included in the Dow Jones index

When was Karooooo the previous earnings report?

No data

When does Karooooo earnings report?

The next expected earnings date for Karooooo is 23 January 2025