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Stock impact report

Karooooo Earnings: Cartrack Expands [Yahoo! Finance]

Karooooo Ltd. - Ordinary shares (KARO) 
Company Research Source: Yahoo! Finance
Karooooo maintained its full-year outlook but said it expects accelerating Cartrack subscription growth this year. 10 stocks we like better than Karooooo › Here's our initial take on Karooooo 's (NASDAQ: KARO) fiscal 2026 first-quarter financial report. Metric Q1 2025 Q1 2026 Change vs. Expectations Revenue ZAR1.08 billion ZAR1.28 billion Beat Earnings per share (adjusted) ZAR7.17 ZAR8.55 Beat Gross margin -1 pp n/a Cartrack Subscribers 2.05 million 2.4 million n/a Karooooo beat analyst expectations across the board with its Q1 results. Overall revenue jumped 18% year over year to 1.28 billion South African rand (ZAR), fueled by a 17% jump in Cartrack subscribers. The company ended the quarter with just under 2.4 million subscribers for its Cartrack service. Cartrack subscription revenue rose by 18.5% to ZAR1.14 billion, while Cartrack annualized recurring revenue surged by 18.3% to ZAR4.58 billion. Average revenue per user edged up by Show less Read more
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