Karooooo Reports Q1 2027 Results with Record Net Subscriber Additions and Accelerating Growth

Karooooo Reports Q1 2027 Results with Record Net Subscriber Additions and Accelerating Growth

Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2027”) ended May 31, 2026. Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, “the group”).

Financial highlights include:

Q1 Cartrack Subscription Revenue accelerated to 19% Y/Y reaching ZAR1,351 million and 21% in constant currency

Q1 ARR accelerated to 19% Y/Y reaching ZAR5,432 million and 32% in USD equivalent