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Karooooo Reports Q1 2027 Results with Record Net Subscriber Additions and Accelerating Growth

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2027”) ended May 31, 2026. Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, “the g…

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British Columbia Source: Businesswire

Karooooo Reports Q1 2027 Results with Record Net Subscriber Additions and Accelerating Growth
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SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2027”) ended May 31, 2026. Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, “the group”). Financial highlights include: Q1 Cartrack Subscription Revenue accelerated to 19% Y/Y reaching ZAR1,351 million and 21% in constant currency Q1 ARR accelerated to 19% Y/Y reaching ZAR5,432 million and 32% in USD equivalent Karooooo delivered record operating profit of ZAR

SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2027”) ended May 31, 2026. Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, “the group”). Financial highlights include: Q1 Cartrack Subscription Revenue accelerated to 19% Y/Y reaching ZAR1,351 million and 21% in constant currency Q1 ARR accelerated to 19% Y/Y reaching ZAR5,432 million and 32% in USD equivalent Karooooo delivered record operating profit of ZAR

Published
Jul 15, 2026
Updated
Jul 15, 2026
Source
Businesswire
Category
Business
Read time
1 min
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SectionBusiness
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SourceBusinesswire
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PublishedJul 15, 2026
UpdatedJul 15, 2026

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PublishedJul 15, 2026, 1:25 PMThis story was published by BC Post.
ImportedJul 15, 2026, 2:00 PMThe item entered the BC Post source pipeline.
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Businesswire Published Jul 15, 2026 Imported Jul 15, 2026
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