Karooooo Adj. EPS Increased 31% YoY To ZAR7.35

Benzinga · 10/15 10:58

Financial and operational highlights include:

  • Karooooo subscribers increased 17% Y/Y to 2.14 million
  • Cartrack net subscriber additions increased 18% Y/Y to a record 89,168
  • Cartrack gross margin improved approximately 300bps Y/Y to 74%
  • Karooooo adjusted earnings per share increased 31% Y/Y to a record ZAR7.35
  • Raising FY25 outlook for subscribers and Cartrack subscription revenue at midpoint