Karooooo Ltd. (KARO) Reports Q2 Subscription Revenue and Earnings

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Karooooo Reports Record Subscription Revenue and Earnings in Q2 2024

October 11, 2023 4:51 PM EDT

SINGAPORE--(BUSINESS WIRE)-- Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business intelligence, reported strong results for the second quarter (Q2 2024) and Half-Year (HY 2024) ended August 31, 2023. These consistent results extend the groups track record of growth at scale, profitability and cash generation over more than a decade.

Karooooo is a leading global provider of an on-the-ground operational IoT SaaS cloud that assists thousands of enterprise customers digitally transform their operations using real-time data analytics, with over 1,875,000 connected vehicles and assets as at the date of this press... More