Karooooo Ltd. (KARO)
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.
| Country | Singapore |
| Founded | 2001 |
| IPO Date | Apr 1, 2021 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 3,508 |
| CEO | Isaias Jose Calisto |
Contact Details
Address:
363 Smith Street, #05-303 New Bridge Centre, U0 050336 Singapore | |
| 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 |