* Karooooo (NASDAQ:KARO [https://seekingalpha.com/symbol/KARO]) Tuesday reported [https://seekingalpha.com/pr/20265822-karooooo-accelerates-subscription-revenue-growth-from-15-percent-to-20-percent]strong results and a positive outlook in the second quarter, stating that Cartrack’s quarterly subscription revenue increased 20% to ZAR1,180 million (Q2 2025: ZAR983 million).
* Cartrack’s SaaS annualized recurring revenue as of August 31 increased 20% to ZAR4,806 million.
* Karooooo’s quarterly adjusted EPS increased 13% Y/Y to ZAR8.28.
* Karooooo’s subscribers increased 15% to 2.5 million.
MORE ON KAROOOOO
* Karooooo: Scaling Beyond South Africa's Moat [https://seekingalpha.com/article/4825334-karooooo-scaling-beyond-south-africas-moat]
* Karooooo Ltd. (KARO) Q1 2026 Earnings Call Transcript [https://seekingalpha.com/article/4803478-karooooo-ltd-karo-q1-2026-earnings-call-transcript]
* UBS starts bullish coverage on Karooooo [https://seekingalpha.com/news/4490485-ubs-starts-bullish-coverage-on-karooooo]
* Seeking Alpha’s Quant Rating on Karooooo [https://seekingalpha.com/symbol/KARO/ratings/quant-ratings]
* Historical earnings data for Karooooo [https://seekingalpha.com/symbol/KARO/earnings]
Karooooo accelerates subscription revenue growth from 15% to 20%
Published 3 weeks ago
Oct 15, 2025 at 5:52 AM
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