Karooooo Ltd. (KARO)

NASDAQ: KARO · IEX Real-Time Price · USD
+1.08 (4.92%)
At close: Mar 27, 2023, 3:59 PM
-0.07 (-0.30%)
After-hours: Mar 27, 2023, 4:00 PM EDT

Company Description

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.

Karooooo Ltd.
Karooooo logo
Country Singapore
Founded 2001
IPO Date Apr 1, 2021
Industry Software - Application
Sector Technology
Employees 3,508
CEO Isaias Jose Calisto

Contact Details

363 Smith Street, #05-303
New Bridge Centre, U0 050336
Phone 65 6255 4151
Website karooooo.com

Stock Details

Ticker Symbol KARO
Exchange NASDAQ
Fiscal Year March - February
Reporting Currency ZAR
IPO Price $47.52
CIK Code 0001828102
CUSIP Number Y4600W108
ISIN Number SGXZ19450089
SIC Code 7372

Key Executives

Name Position
Isaias Jose Calisto Founder, Chief Executive Officer and Executive Chairman
Hoeshin Goy Chief Financial Officer and Executive Director
Richard J. Schubert Chief Operating Officer
Pedro Ventura Chief Technology Officer
Juan Marais Chief Sales Officer
Carmen Calisto Chief Strategy and Marketing Officer

Latest SEC Filings

Date Type Title
Feb 14, 2023 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 19, 2023 6-K Report of foreign issuer
Dec 7, 2022 6-K Report of foreign issuer
Oct 12, 2022 6-K Report of foreign issuer
Aug 31, 2022 6-K Report of foreign issuer
Aug 19, 2022 6-K Report of foreign issuer
Jul 27, 2022 6-K Report of foreign issuer
Jul 14, 2022 6-K Report of foreign issuer
Jul 6, 2022 6-K Report of foreign issuer
Jun 14, 2022 6-K Report of foreign issuer