Jul. 15 at 9:07 PM
$KARO Q1 2027 Earnings Update: Growth Momentum Continues Accelerating
Karooooo delivered another strong quarter with record net subscriber additions and improving growth trends.
Key highlights:
Cartrack subscription revenue growth accelerated to +19% YoY, reaching ZAR1,351 million
Constant currency growth reached +21%
Annual Recurring Revenue (ARR) also accelerated +19% YoY, climbing to ZAR5,432 million
The latest results show continued customer expansion, stronger recurring revenue growth, and solid momentum across the Cartrack platform.
$KARO continues to demonstrate why subscription-based technology businesses with strong retention can compound over time.
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