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Karooooo (KARO)
NASDAQ:KARO
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.43Last Year’s EPS
7.17Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 5.43%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
Karooooo demonstrated strong financial performance and subscriber growth, particularly through its Cartrack segment and geographic expansion. However, there were challenges with free cash flow and subscriber additions in the APAC region. The company maintained a strong balance sheet but did not declare a dividend. The highlights outweigh the lowlights, indicating a positive outlook overall.Company Guidance
During the call, Karooooo provided comprehensive guidance for fiscal year 2026, highlighting its strategic priorities and financial expectations. The company anticipates Cartrack subscription revenue to reach between ZAR4,700 million and ZAR4,900 million, indicating a growth of 16% to 21%. Cartrack's operating profit margin is projected to range from 26% to 31%, while Karooooo's earnings per share are expected to be between ZAR32.5 and ZAR35.5. Despite planned upfront investments in sales and marketing, the company aims to sustain strong growth, driven by expanding its distribution footprint and increasing platform adoption. Karooooo also emphasized its commitment to disciplined capital allocation and innovation, with a focus on organic growth, and maintaining a strong balance sheet with net cash and cash equivalents of ZAR838 million. The company expects to continue leveraging its SaaS platform to enhance operational efficiency across its markets, with a particular emphasis on growth in Southeast Asia and Europe.Strong Financial Performance
Cartrack generated ZAR4.1 billion in subscription revenue, an increase of 15% or 19% on a US dollar basis, with an operating profit margin of 31%. Karooooo's adjusted earnings per share increased 39% to ZAR9.48.
Continued Subscriber Growth
Cartrack's subscriber growth rate was 17% for FY '25, a 200 basis point acceleration compared to FY '24. Net subscriber additions increased 25% in Q4 and 30% for FY '25.
Robust Geographic Expansion
Southeast Asia's constant currency revenue growth accelerated to 31% in Q4, with strong subscriber growth in Europe at 20%.
Successful Product Launch
Launch of the Cartrack Tag in Southern Africa, offering advanced asset protection and operational oversight.
Strong Balance Sheet
Karooooo ended the quarter with net cash and cash equivalents of ZAR838 million, maintaining a strong and unleveraged balance sheet.
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
KARO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $44.90 | $50.25 | +11.92% |
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% |
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.
FAQ
When does Karooooo (KARO) report earnings?
Karooooo (KARO) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is Karooooo (KARO) earnings time?
Karooooo (KARO) earnings time is at Jul 17, 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 2026 (Q1) is 0.43.