Karooooo Growing at 25% In Constant Currency
Karooooo reported strong Q2 2027 results with revenue up 25% in constant currency and a record quarterly operating profit of ZAR422 million, up 19% Y/Y despite ZAR strength. Cartrack subscription revenue grew 20% Y/Y to ZAR1,415 million (23% constant currency), with 23% growth at the upper band of the FY 2027 outlook of 18-24%. ARR rose 19% to ZAR5,708 million, or 30% in USD terms to $354 million. EPS increased 18% Y/Y to ZAR9.28, and Cartrack added a record 94,516 net subscribers in the quarter to reach 2.9 million.
Key figures
- Eps
- ZAR9.28
- Revenue Yoy
- 25% constant currency
- Arr
- ZAR5,708 million
- Arr usd
- USD354 million
- Arr yoy
- 19%
- Arr usd yoy
- 30%
- Subscribers
- 2899210
- Adjusted eps yoy
- 12%
- Operating profit
- ZAR422 million
- Operating profit yoy
- 19%
- Subscriber growth yoy
- 18%
- Net subscriber additions
- 94516
- Karooooo logistics revenue
- ZAR189 million
- Cartrack subscription revenue
- ZAR1,415 million
- Karooooo logistics revenue yoy
- 36%
- Cartrack subscription revenue yoy
- 20%
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.