KaroooooKARO
KARO
About: Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance, and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.
Employees: 4,387
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
50% more funds holding
Funds holding: 22 [Q2] → 33 (+11) [Q3]
35% more capital invested
Capital invested by funds: $98.1M [Q2] → $132M (+$34.3M) [Q3]
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.05% less ownership
Funds ownership: 10.86% [Q2] → 10.81% (-0.05%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for KARO.
Financial journalist opinion
Neutral
Business Wire
1 day ago
Karooooo to Announce Third Quarter 2025 Results on January 14, 2025
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 08:00 a.m. Eastern Time (03:00 p.m. South African time; 09:00 p.m. Singaporean time). Investors are invi.
Neutral
GlobeNewsWire
2 months ago
Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink
Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Fleet Management in Southeast Asia - 1st Edition" report has been added to ResearchAndMarkets.com's offering.
Positive
Seeking Alpha
2 months ago
Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects
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.
Positive
Seeking Alpha
2 months ago
Karooooo: An Overlooked GARP Gem
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.
Negative
Seeking Alpha
2 months ago
Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls
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.
Neutral
Seeking Alpha
2 months ago
Karooooo Ltd. (KARO) Q2 2025 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO ) Q2 2025 Earnings Conference Call October 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group CFO Zak Calisto - Founder, CEO & Director Carmen Calisto Hello and welcome to Karooooo's Financial Year 2025 Q2 Earnings Call.
Positive
Zacks Investment Research
2 months ago
Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates
Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share.
Neutral
Business Wire
2 months ago
Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 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 2.14 million Cartrack net subscriber additions increased 18% Y/Y to a record 89,168 Cartrack gross margin improved approximately 3.
Positive
GuruFocus
3 months ago
Karooooo Ltd (KARO) Trading 5.86% Higher on Oct 2
Shares of Karooooo Ltd (KARO, Financial) surged 5.86% in mid-day trading on Oct 2. The stock reached an intraday high of $40.17, before settling at $39.17, up from its previous close of $37.00.
Neutral
Business Wire
3 months ago
Karooooo to Announce Second Quarter 2025 Results on October 14, 2024
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 Second Quarter 2025 Financial Results on Monday, October 14, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Tuesday, October 15, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors are invite.
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