Does Karooooo Ltd. (KARO) have what it takes to be a top stock pick for momentum investors?
Karooooo (KARO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
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 $756 million in hard currency cash and a 2.13% dividend yield supporting capital flexibility while reducing default risk.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Dodge & Cox Dodge & Cox Funds | 69,733 | $3.36M | $4.29M | $936,493.81 | 27.9% |
Point72 Asset Management LP Point72 Asset Management LP | 12,944 | $638,916 | $809,517.76 | $170,601.76 | 26.7% |
Schwarz Dygos Wheeler Investment Schwarz Dygos Wheeler Investment Advisors LLC | 94,215 | $2.78M | $5.81M | $3.03M | 108.86% |
| MPM Mark P. Mennitt CenterBook Partners LP | 48,782 | $2.43M | $2.94M | $507,332.8 | 20.87% |
Bobby Adusumilli SJS Investment Consulting Inc. | 11 | $540.5 | $687.94 | $147.44 | 27.28% |
| 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.