Karooooo Reports Strong Earnings and Growth Outlook

Karooooo (KARO) has released an update.

Karooooo Limited, owner of Cartrack and majority shareholder of Karoo Logistics, has reported a striking 41% increase in earnings per share to ZAR7.17 for the first quarter of 2025, signaling robust growth and strong subscription revenue. With a confident outlook bolstered by strategic investments and positive economic forecasts for South Africa and Southeast Asia, the company maintains high customer retention and continues to leverage big data to offer valuable business insights and support digital transformation across diverse industries.

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