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Karooooo (KARO)
NASDAQ:KARO
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Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.37Last Year’s EPS
0.36Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jul 19, 2021
|% Change Since: -4.40%
|Next Earnings Date:May 06, 2021
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant revenue growth, subscriber increases, and strategic expansion particularly in Southeast Asia. Despite minor challenges from currency fluctuations and seasonal promotions, the overall outlook remains positive with ample growth opportunities.Company Guidance
In the Q3 2025 earnings call for Karooooo, the company reported robust financial performance driven by its two main operating units, Cartrack and Karooooo Logistics. Cartrack's subscription revenue reached approximately ZAR 3 billion for the year-to-date, marking a 15% increase year-on-year, and the unit maintained a strong operating profit margin of 30%. Karooooo Logistics also showcased significant growth with a 38% year-on-year increase in Delivery as a Service revenue, totaling ZAR 310 million. Overall, the company achieved total revenue of ZAR 1,159 million for the quarter, a 15% increase year-on-year, and an adjusted earnings per share of ZAR 7.67, up by 21% from the previous year. Cartrack's subscriber base grew by 17% to over 2.2 million, underscoring the company's continued expansion in various regions, particularly in Southeast Asia. With a healthy LTV to CAC ratio of greater than 9 and a commercial customer retention rate of 95%, Karooooo reaffirmed its FY '25 financial outlook, emphasizing its strong unit economics and disciplined growth strategy.Strong Financial Performance
Karooooo's total revenue for Q3 was ZAR 1,159 million, an increase of 15% year-on-year. Subscription revenue increased 14% year-on-year to ZAR 1,032 million, with an adjusted earnings per share increase of 21% to ZAR 7.67.
Cartrack's Growth
Cartrack subscription revenue was approximately ZAR 3 billion year-to-date, an increase of 15% year-on-year. Cartrack's subscriber base increased 17% year-on-year, reaching over 2.2 million subscribers.
Expansion in Southeast Asia
Karooooo is ramping up investment in sales and marketing across Southeast Asia, which represents a significant growth opportunity. Subscriber growth in Asia and the Middle East increased 20% year-on-year in Q3.
Karooooo Logistics Revenue Growth
Karooooo Logistics Delivery as a Service revenue was ZAR 310 million year-to-date, an increase of 38% year-on-year.
Strong Cash Position
Karooooo ended the quarter with cash and cash equivalents of ZAR 856 million, maintaining an unleveraged balance sheet.
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KARO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KARO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 14, 2025 | $47.49 | $44.64 | -6.00% |
| Oct 15, 2024 | $45.50 | $38.40 | -15.60% |
| Jul 18, 2024 | $32.99 | $33.21 | +0.67% |
| May 15, 2024 | $25.84 | $26.69 | +3.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Karooooo (KARO) report earnings?
Karooooo (KARO) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Karooooo (KARO) earnings time?
Karooooo (KARO) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KARO EPS forecast?
KARO EPS forecast for the fiscal quarter 2025 (Q4) is 0.37.
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