Karooooo: Southeast Asian Opportunity Indicates Strong Growth Prospects [Seeking Alpha]
Karooooo Ltd. - Ordinary shares (KARO)
Company Research
Source: Seeking Alpha
Summary Karooooo is continuing to expand in Southeast Asia, leveraging favorable market conditions and an underpenetrated market. The Southeast Asian telematics market is projected to grow at a CAGR of 11.53% from 2024 to 2029, adding c3.4m IoT devices. KARO's experience in emerging markets and scalable solutions position it well to capture the growing demand for telematics in Southeast Asia. Despite challenges like price sensitivity and infrastructure gaps, KARO's strategic positioning and historical success in similar markets support its growth potential. metamorworks Karooooo ( NASDAQ: KARO ) was founded and built in South Africa. The company has had an incredibly successful 5 years, growing subscribers in each of their 4 key regions. Building on their success in South Africa, KARO expanded to Asia in 2016 through This article was written by Adriaan Basson Follower s Follow I am an equity analyst based in South Africa. I hold a bachelors and post-graduate in
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KARO
News
- If EPS Growth Is Important To You, Karooooo (NASDAQ:KARO) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Southeast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and Onelink [Yahoo! Finance]Yahoo! Finance
- 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