Karooooo (KARO) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Karooooo Limited reported impressive financial results for the second quarter of 2025, with a 17% year-over-year increase in subscribers reaching 2.14 million and a record 31% rise in adjusted earnings per share. The company also achieved an 18% increase in net subscriber additions for its Cartrack division, highlighting strong subscription revenue growth and improved gross margins. Karooooo is strategically focusing on expanding its investment in Southeast Asia, aiming to leverage the region’s growth potential while maintaining disciplined growth strategies.
For further insights into KARO stock, check out TipRanks’ Stock Analysis page.
