Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
SingaporeIPO:
01 April 2021Website:
http://www.karooooo.comNext earnings report:
19 July 2024Last dividends:
22 June 2023Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 20:12:11 GMTAnalysts recommendations
Institutional Ownership
KARO Latest News
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.
Karooooo Ltd. reported top-line revenue and operating income growth in its FQ2 2024 financial results. The company offers telematics services and a used car trading platform. Management's focus on Southeast Asia may take time to generate results due to the slow recovery in China, potentially negatively affecting the region.
Karooooo Ltd. (NASDAQ:KARO ) Q4 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Carmen Calisto – Chief Strategy & Marketing Officer Goy Hoeshin – CFO Isaias Jose Calisto - CEO Conference Call Participants Kiran Kuttickat - William Blair Unidentified Analyst - Carmen Calisto Welcome and thank you for joining Karooooo's Q4 and Full year's FY 2023 Results Webinar.
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. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; 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 specialist mobility solutions that include 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, cartrack insurance agency, and on-demand rideshare taxi application, 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 does Karooooo report earnings?
The next expected earnings date for Karooooo is 19 July 2024