Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink [Yahoo! Finance]
Karooooo Ltd. - Ordinary shares (KARO)
Company Research
Source: Yahoo! Finance
The report forecasts that the number of fleet management systems in active use in Southeast Asia will grow at a CAGR of 13.7 percent from 2.8 million units at the end of 2023 to 5.4 million by 2028. The market for fleet management (FM) solutions in Southeast Asia (SEA) has been in a growth period for several years. The market experienced quite significant setbacks during the pandemic, but the current outlook is positive due to several factors such as general economic growth, increasing competition in the transportation and logistics sector as well as a growing awareness of fleet telematics. The total number of FM systems in active use is forecasted to grow at a compound annual growth rate (CAGR) of 13.7 percent from about 2.8 million units in 2023 to almost 5.4 million units by 2028. The penetration rate in the total population of fleet vehicles used by businesses is at the same time estimated to increase from 15.7 percent in 2023 to 25.7 percent in 2028. The report covers the
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News
- If EPS Growth Is Important To You, Karooooo (NASDAQ:KARO) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects [Seeking Alpha]Seeking Alpha
- Karooooo Ltd. (NASDAQ:KARO) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]Yahoo! Finance
- Karooooo: An Overlooked GARP Gem [Seeking Alpha]Seeking Alpha
- Karooooo Ltd.'s Q2 Earnings: Subscriber Growth Strong, But Revenue Stalls [Seeking Alpha]Seeking Alpha
KARO
Earnings
- 10/15/24 - Beat
KARO
Sec Filings
- 11/13/24 - Form 144
- 10/15/24 - Form 6-K
- 9/30/24 - Form 6-K
- KARO's page on the SEC website