Karooooo Ltd. delivered another strong earnings beat, with revenue up 22% and robust subscriber growth in its core Cartrack product. KARO maintains high EBITDA (45%) and operating (28%) margins, despite FX-driven margin compression and increased sales and marketing spend. Balance sheet metrics are healthy, with $756 million in hard currency cash and a 2.13% dividend yield supporting capital flexibility while reducing default risk.
Karooooo Ltd. (KARO) Q1 2027 Earnings Call Transcript
Karooooo NASDAQ: KARO reported a stronger start to fiscal 2027, with management highlighting accelerating subscription revenue growth, record subscriber additions and record operating profit despite foreign exchange pressure from a stronger South African rand.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Schwarz Dygos Wheeler Investment Schwarz Dygos Wheeler Investment Advisors LLC | 94,215 | $2.78M | $5.42M | $2.64M | 94.91% |
| MPM Mark P. Mennitt CenterBook Partners LP | 54,891 | $2.74M | $3.14M | $401,253.21 | 14.67% |
Bobby Adusumilli SJS Investment Consulting Inc. | 11 | $540.5 | $637.99 | $97.49 | 18.04% |
| DH Dinan Hu R Squared Ltd | 5,930 | $295,551 | $344,703.78 | $49,152.78 | 16.63% |
Ashish Sharma DGS Capital Management LLC | 7,359 | $380,636.48 | $426,815.38 | $46,178.9 | 12.13% |
| Software Industry | Information Technology Sector | Isaias Jose Calisto CEO | NASDAQ (CM) Exchange | Y4600W108 CUSIP |
| SG Country | 7,395 Employees | 17 Jul 2026 Last Dividend | - Last Split | 1 Apr 2021 IPO Date |
Karooooo Ltd. provides a comprehensive mobility software-as-a-service (SaaS) platform designed for connected vehicles across a wide geographical footprint that includes South Africa, the rest of Africa, Europe, Asia-Pacific, the Middle East, and the United States. The company specializes in delivering cutting-edge solutions aimed at enhancing fleet management, vehicle recovery, and operational logistics through real-time insights and analytics. Founded in 2001 and headquartered in Singapore, Karooooo Ltd. has established itself as a leader in the field of vehicle telematics, offering a diverse range of services to consumers, businesses, and government agencies through its direct sales force.