Karooooo Delivers Strong Q3 2025 Results with Solid Customer Gains and Record EPS

Karooooo Ltd. - Ordinary shares (KARO)
Company Research
Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) (NASDAQ: KARO) reported strong results in the third quarter of FY2025 (“Q3 2025”) ended November, 30 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”).Financial and operational highlights include:Karooooo subscribers increased 17% Y/Y to 2.22 millionCartrack net quarterly subscriber additions increased 15% Y/Y to 86,617Karooooo quarterly earnings per share increased 21% Y/Y to a record ZAR7.68Zak Calisto, CEO and Founder:“We delivered another strong quarter of customer growth. Importantly, we have now settled in our newly built central office in Rosebank, South Africa, and look forward to strong organic growth in
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KARO
News
- Is Karooooo Ltd. (NASDAQ:KARO) Worth US$42.9 Based On Its Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Karooooo to Present at The Raymond James 26th Annual Institutional Investors ConferenceBusiness Wire
- Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial Operations [Yahoo! Finance]Yahoo! Finance
- Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial OperationsBusiness Wire
- Karooooo Ltd. (NASDAQ: KARO) had its "outperform" rating re-affirmed by analysts at Raymond James. They now have a $51.00 price target on the stock, up previously from $46.00.MarketBeat
KARO
Earnings
- 10/15/24 - Beat
KARO
Sec Filings
- 2/14/25 - Form SCHEDULE
- 1/14/25 - Form 6-K
- 1/8/25 - Form 6-K
- KARO's page on the SEC website