Karooooo Ltd. logo

Karooooo Ltd.

KARO

NASDAQTechnologySoftware - Application

Previous close

$63.96

+$1.09 · +1.73%

Aug 21, 4:00 PM ET

KARO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

65

Gaining

Sentiment

59

Mixed

Risk resilience

64

Moderate Risk

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Company profile

Company website

Karooooo Ltd. delivers a comprehensive software-as-a-service (SaaS) platform tailored for connected vehicles, extending its services across South Africa, the broader African continent, Europe, the Asia-Pacific region, the Middle East, and the United States. Its core offerings include Fleet Telematics, a SaaS solution providing real-time intelligence for effective fleet management; LiveVision, which enhances fleet visibility and facilitates proactive risk mitigation; MiFleet, an advanced system for fleet administration, business intelligence, and cost control; and Karooooo Logistics, an application specifically designed to manage last-mile deliveries and general operational logistics. The company also provides Cartrack Field Service for overseeing remote and on-site personnel; Business Intelligence tools to offer high-level insights into fleet performance; robust asset tracking capabilities for monitoring movable property; and asset recovery services, which assist vehicle owners and insurance companies in retrieving lost or stolen assets. Its portfolio further encompasses insurance telematics, enabling insurers to customize premiums for both commercial and individual clients through data analytics; Protector, a dedicated safety package for personal vehicles; and Car Watch, a mobile application empowering users to track and monitor their vehicles. Additionally, Karooooo offers specialized mobility solutions such as Bike Track, a GPS-based system tailored for commercial motorbike fleets; Credit Management, which predicts payment cycles and supports active credit oversight for asset-backed vehicle financing; and an electronic monitoring application for law enforcement to track individuals of interest. Complementing these are various other mobility and monitoring tools, including Carzuka, its Cartrack insurance agency, an on-demand rideshare taxi application, and a range of intelligent IoT products. Karooooo distributes its solutions directly to a diverse client base, encompassing individual consumers, sole proprietors, small and medium-sized enterprises, large corporations, and other connected devices. Established in 2001, Karooooo Ltd. maintains its headquarters in Singapore.

Industry
Software - Application
Sector
Technology
Headquarters
SG
CEO
Isaias Jose Calisto
Listed since
Apr 1, 2021
Employees
7,395

Market position

Day range

Current $63.96

52-week range

Current $63.96

Open
$63.53
Previous close
$62.87
Volume
59.7K
0.53× average
Average volume
112.87K
Average daily volume
Market cap
1.98B USD
Beta
0.89
Market reference 1
50-day average
$58.0768
+10.13% above average
200-day average
$50.0313
+27.84% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
23.22B ZAR
P/E (TTM)
31×
P/B (TTM)
8.83×
P/S (TTM)
5.49×
EV / EBITDA
10.38×
Earnings yield
4.28%
Free cash flow yield
0.00%
Dividend yield
2.35%

Profitability & efficiency

Gross margin
67.98%
Operating margin
25.54%
Net margin
17.76%
Return on equity
30.02%
Return on assets
17.00%
Return on invested capital
22.13%

Financial health

Debt / equity
0.3×
Current ratio
1.06×
Altman Z-score
9.44
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends76%54%33%11%Gross margin, FY2022: 66.41%Gross margin, FY2023: 64.79%Gross margin, FY2024: 63.98%Gross margin, FY2025: 70.13%Gross margin, FY2026: 67.97%Operating margin, FY2022: 25.46%Operating margin, FY2023: 25.15%Operating margin, FY2024: 24.79%Operating margin, FY2025: 28.73%Operating margin, FY2026: 25.82%Net margin, FY2022: 16.38%Net margin, FY2023: 17.03%Net margin, FY2024: 17.55%Net margin, FY2025: 20.17%Net margin, FY2026: 18.14%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 66.41%. Gross margin FY2023 64.79%. Gross margin FY2024 63.98%. Gross margin FY2025 70.13%. Gross margin FY2026 67.97%. Operating margin FY2022 25.46%. Operating margin FY2023 25.15%. Operating margin FY2024 24.79%. Operating margin FY2025 28.73%. Operating margin FY2026 25.82%. Net margin FY2022 16.38%. Net margin FY2023 17.03%. Net margin FY2024 17.55%. Net margin FY2025 20.17%. Net margin FY2026 18.14%.

Income trends

Revenue

5.48B ZAR+19.96%

Operating income

1.41B ZAR+7.80%

Net income

993.92M ZAR+7.91%
Income trends across reported periods5.98B ZAR3.97B ZAR1.96B ZAR−52.96M ZARRevenue, FY2022: 2.75B ZARRevenue, FY2023: 3.51B ZARRevenue, FY2024: 4.21B ZARRevenue, FY2025: 4.57B ZARRevenue, FY2026: 5.48B ZAROperating income, FY2022: 699.13M ZAROperating income, FY2023: 881.92M ZAROperating income, FY2024: 1.04B ZAROperating income, FY2025: 1.31B ZAROperating income, FY2026: 1.41B ZARNet income, FY2022: 449.95M ZARNet income, FY2023: 597.15M ZARNet income, FY2024: 738.19M ZARNet income, FY2025: 921.03M ZARNet income, FY2026: 993.92M ZARFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 2.75B ZAR. Revenue FY2023 3.51B ZAR. Revenue FY2024 4.21B ZAR. Revenue FY2025 4.57B ZAR. Revenue FY2026 5.48B ZAR. Operating income FY2022 699.13M ZAR. Operating income FY2023 881.92M ZAR. Operating income FY2024 1.04B ZAR. Operating income FY2025 1.31B ZAR. Operating income FY2026 1.41B ZAR. Net income FY2022 449.95M ZAR. Net income FY2023 597.15M ZAR. Net income FY2024 738.19M ZAR. Net income FY2025 921.03M ZAR. Net income FY2026 993.92M ZAR.
Metric (ZAR)FY2026FY2025FY2024FY2023FY2022
Revenue5.48B ZAR4.57B ZAR4.21B ZAR3.51B ZAR2.75B ZAR
Cost of goods sold1.75B ZAR1.36B ZAR1.51B ZAR1.23B ZAR922.56M ZAR
Gross profit3.72B ZAR3.2B ZAR2.69B ZAR2.27B ZAR1.82B ZAR
Research and development261.47M ZAR226.94M ZAR212.24M ZAR177.02M ZAR149.24M ZAR
Selling, general, and administrative1.94B ZAR1.56B ZAR1.34B ZAR1.14B ZAR888.59M ZAR
Operating expenses2.31B ZAR1.89B ZAR1.65B ZAR1.39B ZAR1.12B ZAR
Interest income34.48M ZAR45.04M ZAR40.15M ZAR23.26M ZAR6.08M ZAR
Interest expense77.87M ZAR51.87M ZAR16.12M ZAR10.1M ZAR12.33M ZAR
Depreciation and amortization799.6M ZAR762.78M ZAR731.3M ZAR609.64M ZAR561.93M ZAR
Operating income1.41B ZAR1.31B ZAR1.04B ZAR881.92M ZAR699.13M ZAR
Net income993.92M ZAR921.03M ZAR738.19M ZAR597.15M ZAR449.95M ZAR

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
-1.42%
11 comparable reports
Latest EPS result
0.58
Estimate 0.53 · Beat by 9.57%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates8.725.923.120.31Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 14, 2025: actual 0.43, estimate 0.38, surprise +13.16%, Beat. Q2 2025, reported May 14, 2025: actual 0.44, estimate 0.37, surprise +18.92%, Beat. Q3 2025, reported Jul 22, 2025: actual 0.47, estimate 0.45, surprise +4.44%, Beat. Q4 2025, reported Oct 14, 2025: actual 0.47, estimate 0.442, surprise +6.41%, Beat. Q1 2026, reported Jan 20, 2026: actual 0.49, estimate 8.1, surprise -93.95%, Miss. Q2 2026, reported May 13, 2026: actual 0.44, estimate 0.51, surprise -13.73%, Miss. Q3 2026, reported Jul 15, 2026: actual 0.584, estimate 0.533, surprise +9.57%, Beat. Q4 2026, reported Oct 13, 2026: actual —, estimate 0.57, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.48B1B527.46M53.67MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 14, 2025: actual 64.12M USD, estimate 63.14M USD, surprise +1.55%, Beat. Q2 2025, reported May 14, 2025: actual 65.43M USD, estimate 65.44M USD, surprise -0.02%, Miss. Q3 2025, reported Jul 22, 2025: actual 71.05M USD, estimate 73.11M USD, surprise -2.81%, Miss. Q4 2025, reported Oct 14, 2025: actual 76.16M USD, estimate 73.41M USD, surprise +3.74%, Beat. Q1 2026, reported Jan 20, 2026: actual 81.77M USD, estimate 1.37B USD, surprise -94.03%, Miss. Q2 2026, reported May 13, 2026: actual 90.38M USD, estimate 89.42M USD, surprise +1.07%, Beat. Q3 2026, reported Jul 15, 2026: actual 95.87M USD, estimate 92.11M USD, surprise +4.08%, Beat. Q4 2026, reported Oct 13, 2026: actual —, estimate 98.81M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$73.00

14.13% upside
Past 12 months12-month forecastHigh $75.00Average $73.00Low $70.00

Rating distribution

6 ratings
Strong buy00%
Buy583%
Hold117%
Sell00%
Strong sell00%

Recent analyst actions

5 institutions
UBSmaintainBuy

KARO news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.25

2025 complete year+108.3% since 2022

2026 partial: $1.50

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 17, 2026

$1.50

Annual

Record Jul 17, 2026 · Payment Jul 27, 2026

Dividend

Ex-dividend Aug 15, 2025

$1.25

Annual

Record Aug 15, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend Aug 8, 2024

$1.08

Annual

Record Aug 8, 2024 · Payment Aug 14, 2024

Dividend

Ex-dividend Jun 22, 2023

$0.85

Annual

Record Jun 23, 2023 · Payment Jul 3, 2023

Dividend

Ex-dividend Sep 1, 2022

$0.60

Annual

Record Sep 2, 2022 · Payment Sep 12, 2022

KARO peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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