Karooooo Ltd. (KARO)
| Market Cap | 1.45B |
| Revenue (ttm) | 245.28M |
| Net Income (ttm) | 47.30M |
| Shares Out | 30.89M |
| EPS (ttm) | 1.53 |
| PE Ratio | 30.60 |
| Forward PE | 30.49 |
| Dividend | $1.08 (2.31%) |
| Ex-Dividend Date | Aug 8, 2024 |
| Volume | 25,039 |
| Open | 46.23 |
| Previous Close | 46.00 |
| Day's Range | 46.00 - 46.80 |
| 52-Week Range | 23.35 - 50.00 |
| Beta | 1.05 |
| Analysts | Buy |
| Price Target | 33.00 (-29.49%) |
| Earnings Date | Jan 21, 2025 |
About KARO
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; a... [Read more]
Financial Performance
In 2023, Karooooo's revenue was 4.21 billion, an increase of 19.92% compared to the previous year's 3.51 billion. Earnings were 738.19 million, an increase of 23.62%.
Financial numbers in ZAR Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for KARO stock is "Buy." The 12-month stock price forecast is $33.0, which is a decrease of -29.49% from the latest price.
News
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.
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%...
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 it...
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-earni...
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 C...
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 own...
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.
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 Seco...
Karooooo: A Bet On Emerging Markets And Data
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 an...
Karooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market Conditions
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 s...
Karooooo Ltd. Announces Launch of Secondary Public Offering of Ordinary Shares
SINGAPORE--(BUSINESS WIRE)--Karooooo Ltd. (“Karooooo”) today announced the commencement of an underwritten secondary public offering (the “Offering”) of a number of its ordinary shares held by Isaias ...
Karooooo Ltd. (KARO) Q1 2025 Earnings Call Transcript
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 Financi...
Karooooo Continues to Grow at Scale and Increases Earnings by 41%
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 outlo...
Karooooo to Announce First Quarter 2025 Results on July 18, 2024
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack Holdings, announced that the Company will release its First Quarter 2025 Financia...
Karooooo: Optimistic Near-Term Outlook
Karooooo is a cloud-based fleet management solutions company focused on South Africa. The company's stock performance has been lackluster, but it has shown momentum with a 13% YTD increase. Near-term ...
Karooooo: High-Quality SaaS At A Reasonable Valuation
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...
Karooooo Ltd. (KARO) Q4 2024 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO) Q4 2024 Earnings Call Transcript May 16, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy & Marketing Officer Goy Hoeshin - CFO Zak Calisto - CEO and F...
Karooooo Reports Strong Customer Acquisition With Annual EPS up 24% and Q4 EPS up by 45%
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business operational intelligence, reported strong results for the fourth quarter and full ye...
Karooooo to Announce Fourth Quarter and Full Year 2024 Results on May 15, 2024
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack Holdings, announced that the Company will release its Fourth Quarter and Full Yea...
Karooooo Share Repurchase
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) announces share repurchase by the Company. VOLUNTARY DISCLOSURE: SHARE REPURCHASE At the Annual General Meeting (AGM) held on July 12, 2023 th...
Karooooo Ltd. (KARO) Q3 2024 Earnings Call Transcript
Karooooo Ltd. (KARO) Q3 2024 Earnings Call Transcript
Karooooo Demonstrates Its Ability to Grow at Scale, Expand Margins and Deliver Record Earnings
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business intelligence, reported solid results for the third quarter ended November 30, 2023 (...
Karooooo: Profitable Software Opportunity Based On Cartrack IoT
Karooooo is a unique software provider with exposure to emerging markets, offering car tracking software and other services. The company's Cartrack platform has seen strong growth and high customer re...
Karooooo Ltd. Increases Focus On Cartrack Division In Asia
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 Sou...
Karooooo Ltd. (KARO) Q2 2024 Earnings Call Transcript
Karooooo Ltd. (NASDAQ:KARO) Q2 2024 Earnings Call Transcript October 12, 2023 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy & Marketing Officer Goy Hoeshin - Chief Financial Officer...