Karooooo Reports Q1 2027 Results with Record Net Subscriber Additions and Accelerating Growth
Karooooo reported strong Q1 2027 results with record net subscriber additions of 142,472, representing a 70% increase year-over-year. Cartrack subscription revenue accelerated to 19% growth reaching ZAR1,351 million, while ARR increased 32% in USD terms to USD335 million despite a strengthening ZAR.
Key figures
- Revenue
- ZAR1,351 million
- Guidance
- FY27 Cartrack Subscription Revenue growth to accelerate, with EPS growth of 21% Y/Y at midpoint
- Revenue Yoy
- 19%
- Arr usd
- USD335 million
- Arr zar
- ZAR5,432 million
- Arr growth usd
- 32%
- Operating profit
- ZAR410 million
- Logistics revenue
- ZAR177 million
- Net additions yoy
- 70%
- Logistics revenue yoy
- 46%
- Net subscriber additions
- 142472
AI analysis
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