KARO Stock Recent News

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack and 74.8% of Karooooo Logistics, reported strong results for the quarter ended May 31, 2024 (“Q1 2025”) and retained its positive outlook for the year. Zak Calisto, CEO and Founder: “The group's robust results, distribution expansion, vertically-integrated cloud platform enhancements, new generation AI-Powered telemetry and the prospect of improved economic conditions in South Africa, give us confidence that we can continue to ext.

Karooooo is a rapidly growing South African telematics company that is returning capital to shareholders. The company's main KPI is the number of paying subscribers, which is expected to reach 2.2M to 2.4M by 2025. Karooooo has partnered with auto manufacturers and expects these partnerships to contribute to its results in the medium term.

BZZUF, KARO and NMM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 20, 2024.

Karooooo Ltd. (NASDAQ:KARO ) Q4 2024 Earnings Call Transcript May 16, 2024 8:00 AM ET Company Participants Carmen Calisto - Chief Strategy & Marketing Officer Goy Hoeshin - CFO Zak Calisto - CEO and Founder Carmen Calisto Hello and welcome to Karooooo's Financial Year 2024 Q4 and Full Year Earnings Call.

SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business operational intelligence, reported strong results for the fourth quarter and full year ended February 29, 2024 (“Q4 2024” and “FY 2024”). Zak Calisto, CEO and Founder: “We believe Karooooo is well positioned to continue to grow at scale across diverse industries. We operate in a growing and largely underpenetrated market, with strong demand coming from customers needing to differe.

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack Holdings, announced that the Company will release its Fourth Quarter and Full Year 2024 Financial Results on Wednesday, May 15, 2024 shortly after 04:00 p.m. Eastern Time. Webcast: The Company will host a corresponding Zoom webinar on Thursday, May 16, 2024 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors, analysts and the media.

Karooooo Ltd. reported top-line revenue and operating income growth in its FQ2 2024 financial results. The company offers telematics services and a used car trading platform. Management's focus on Southeast Asia may take time to generate results due to the slow recovery in China, potentially negatively affecting the region.

Artificial intelligence is the talk of the town right now. Naturally, many stocks in the AI space have seen valuations grow, as productivity benefits flow downstream.

Karooooo Ltd. (NASDAQ:KARO ) Q4 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Carmen Calisto – Chief Strategy & Marketing Officer Goy Hoeshin – CFO Isaias Jose Calisto - CEO Conference Call Participants Kiran Kuttickat - William Blair Unidentified Analyst - Carmen Calisto Welcome and thank you for joining Karooooo's Q4 and Full year's FY 2023 Results Webinar.

Karooooo Ltd. (NASDAQ:KARO ) Q3 2023 Earnings Conference Call January 20, 2023 8:00 AM ET Company Participants Richard Schubert - Chief Operating Officer Carmen Calisto - Chief Strategy and Marketing Officer Zak Calisto - Chief Executive Officer and Founder Conference Call Participants Richard Schubert Welcome to the Karooooo 2023 results webinar.