Karooooo Ltd.·Technology

Explore the exciting world of Karooooo (KARO +2.37%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

SINGAPORE--(BUSINESS WIRE)--Karooooo (KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that Richard Schubert, Group Chief Operating Officer, and Paul Bieber, Vice President of Investor Relations and Strategic Finance, will participate in the 46th Annual William Blair Growth Stock Conference on Wednesday, June 3rd at 4:40 p.m. CT. A live webcast of the presentation will be available in the Events and Presentations secti.

Karooooo (KARO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Karooooo Ltd. (KARO) Q4 2026 Earnings Call Transcript

Karooooo NASDAQ: KARO reported accelerated subscription revenue growth and sharply higher adjusted free cash flow for fiscal 2026, while management said it expects further growth in fiscal 2027 despite near-term pressure on gross margins from foreign exchange and higher device-related costs.

Karooooo Ltd. (KARO) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.51 per share.
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.
Technology
Software - Application
4,387
2021-04-01
0.92