Karooooo Ltd. (KARO )

Currency in USD Disclaimer
$38.4 -$7.1 (-15.6%)
Closed 10/15/2024
$38.4
$45
$21.26
$45.99

Company brief: KAROOOOO LTD. (KARO )


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.

KARO Corporation News

Karooooo Ltd. (KARO) Q2 2025 Earnings Call Transcript

October 15, 2024 at 10:10 am ET

seekingalpha.com -- Karooooo Ltd. (NASDAQ:KARO ) Q2 2025 Earnings Conference Call October 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group CFO Zak C...

Karooooo Ltd. (KARO) Surpasses Q2 Earnings and Revenue Estimates

October 15, 2024 at 8:56 am ET

zacks.com -- Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share....

Karooooo Increases Earnings by 31% Driven by Strong Subscription Revenue Growth and Higher Gross Margins

October 15, 2024 at 6:37 am ET

businesswire.com -- SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 2024. ...

Income Statement