Karooooo Ltd. Reports Record FY 2025 Financial Results

An announcement from Karooooo ( (KARO) ) is now available.

On May 14, 2025, Karooooo Ltd. announced its unaudited financial results for the fourth quarter and full year ending February 28, 2025, reporting record revenue, operating income, and earnings per share (EPS). The company’s FY 2025 EPS rose by 25% year-over-year to ZAR29.81, with adjusted EPS increasing by 33% to ZAR31.67. Subscriber numbers grew by 17% to 2.3 million, and Cartrack’s subscription revenue accelerated by 16% year-over-year. The company highlighted its strong execution and innovation, including the launch of the Cartrack-Tag and enhanced AI Video capabilities. Looking ahead, Karooooo expects continued growth in South Africa and accelerating subscriber growth in Europe, with Southeast Asia representing a key long-term growth opportunity.

The most recent analyst rating on (KARO) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Karooooo stock, see the KARO Stock Forecast page.

Spark’s Take on KARO Stock

According to Spark, TipRanks’ AI Analyst, KARO is a Outperform.

Karooooo exhibits strong financial performance and positive earnings call sentiment, supported by significant revenue growth and strategic expansion, particularly in Southeast Asia. While the technical indicators suggest potential downward pressure, the company’s robust cash flow and moderate valuation provide a solid foundation for future growth. Minor challenges from currency fluctuations and promotional impacts warrant attention.

To see Spark’s full report on KARO stock, click here.

More about Karooooo

Karooooo Ltd. is a company operating in the technology industry, primarily focusing on telematics and fleet management services. It owns 100% of Cartrack, a leading provider of Software-as-a-Service (SaaS) for fleet management, and 74.8% of Karooooo Logistics, which offers delivery-as-a-service (DaaS) solutions. The company is headquartered in Singapore and has a significant market presence in South Africa, Europe, and Southeast Asia.

Average Trading Volume: 26,377

Technical Sentiment Signal: Buy

Current Market Cap: $1.36B

For an in-depth examination of KARO stock, go to TipRanks’ Stock Analysis page.