Karooooo Delivers Strong Q3 2025 Results with Solid Customer Gains and Record EPS
Karooooo (NASDAQ: KARO) reported strong Q3 2025 results with significant growth across key metrics. The company's subscriber base grew 17% year-over-year to 2.22 million, while Cartrack net quarterly subscriber additions increased 15% to 86,617. Quarterly earnings per share reached a record ZAR7.68, up 21% year-over-year.
Subscription revenue increased 14% to ZAR1,032 million, and operating profit rose 18% to ZAR325 million. Cartrack's total revenue grew 14% to ZAR1,051 million, with subscription revenue representing 98% of total revenue. Karooooo Logistics showed strong performance with a 20% revenue increase to ZAR109 million.
The company highlighted its expansion in Europe, strong growth in Southeast Asia's subscription revenue (26% on constant currency), and the introduction of new fuel validation software to help customers prevent fraudulent transactions and improve operational efficiency.
Karooooo (NASDAQ: KARO) ha riportato risultati solidi per il terzo trimestre del 2025, con una crescita significativa in tutti i principali indicatori. La base di abbonati dell'azienda è cresciuta del 17% su base annua, raggiungendo i 2,22 milioni, mentre le nuove aggiunte nette di abbonati trimestrali di Cartrack sono aumentate del 15% a 86.617. Gli utili per azione trimestrali hanno raggiunto un record di ZAR7,68, con un incremento del 21% rispetto all'anno precedente.
Le entrate da abbonamento sono aumentate del 14% a ZAR1.032 milioni e l'utile operativo è aumentato del 18% a ZAR325 milioni. Il fatturato totale di Cartrack è cresciuto del 14% a ZAR1.051 milioni, con le entrate da abbonamento che rappresentano il 98% del fatturato totale. Karooooo Logistics ha mostrato ottime performance con un aumento del fatturato del 20% a ZAR109 milioni.
L'azienda ha evidenziato la sua espansione in Europa, una forte crescita delle entrate da abbonamento in Asia sudorientale (26% a valuta costante) e l'introduzione di un nuovo software di convalida del carburante per aiutare i clienti a prevenire transazioni fraudolente e migliorare l'efficienza operativa.
Karooooo (NASDAQ: KARO) reportó resultados sólidos para el tercer trimestre de 2025, con un crecimiento significativo en todos los indicadores clave. La base de suscriptores de la empresa creció un 17% interanual, alcanzando los 2,22 millones, mientras que las nuevas adiciones netas de suscriptores trimestrales de Cartrack aumentaron un 15%, alcanzando los 86,617. Las ganancias por acción trimestrales alcanzaron un récord de ZAR7,68, un aumento del 21% interanual.
Los ingresos por suscripción aumentaron un 14% hasta ZAR1,032 millones, y el beneficio operativo se incrementó en un 18% hasta ZAR325 millones. Los ingresos totales de Cartrack crecieron un 14% hasta ZAR1,051 millones, con los ingresos por suscripción representando el 98% del ingreso total. Karooooo Logistics mostró un buen desempeño con un aumento del 20% en ingresos hasta ZAR109 millones.
La empresa destacó su expansión en Europa, un fuerte crecimiento de los ingresos por suscripción en el sudeste asiático (26% en moneda constante) y la introducción de un nuevo software de validación de combustible para ayudar a los clientes a prevenir transacciones fraudulentas y mejorar la eficiencia operativa.
Karooooo (NASDAQ: KARO)는 2025년 3분기 실적이 상당한 성장을 기록했다고 보고했습니다. 이 회사의 구독자 수는 전년 대비 17% 증가하여 222만 명에 도달했으며, Cartrack의 분기 순 구독자 추가 수는 15% 증가하여 86,617명에 달했습니다. 분기당 주당 순이익은 ZAR7.68로 기록을 세우며 전년 대비 21% 증가했습니다.
구독 수익은 14% 증가하여 ZAR1,032백만에 이르렀고, 운영 이익은 18% 증가하여 ZAR325백만에 달했습니다. Cartrack의 총 수익은 14% 증가한 ZAR1,051백만으로, 구독 수익이 총 수익의 98%를 차지합니다. Karooooo 물류 부문은 수익이 20% 증가하여 ZAR109백만에 도달하며 좋은 실적을 보였습니다.
회사는 유럽 진출, 동남아시아에서의 구독 수익의 강력한 성장(상수환율 기준 26%)을 강조하고, 고객이 사기 거래를 방지하고 운영 효율성을 개선할 수 있도록 돕는 새로운 연료 검증 소프트웨어를 도입했다고 밝혔습니다.
Karooooo (NASDAQ: KARO) a annoncé de solides résultats pour le troisième trimestre 2025, avec une croissance significative dans toutes les mesures clés. La base d'abonnés de l'entreprise a augmenté de 17 % d'une année sur l'autre, atteignant 2,22 millions, tandis que les nouvelles adhésions nettes d'abonnés trimestriels de Cartrack ont augmenté de 15 % pour atteindre 86 617. Les bénéfices par action trimestriels ont atteint un niveau record de ZAR7,68, en hausse de 21 % par rapport à l'année précédente.
Les revenus d'abonnement ont augmenté de 14 % pour atteindre ZAR1 032 millions, et le bénéfice d'exploitation a augmenté de 18 % pour atteindre ZAR325 millions. Le chiffre d'affaires total de Cartrack a augmenté de 14 % pour atteindre ZAR1 051 millions, les revenus d'abonnement représentant 98 % du chiffre d'affaires total. Karooooo Logistics a montré de solides performances avec une augmentation des revenus de 20 % pour atteindre ZAR109 millions.
L'entreprise a souligné son expansion en Europe, une forte croissance des revenus d'abonnement en Asie du Sud-Est (26 % à monnaie constante) et l'introduction d'un nouveau logiciel de validation de carburant pour aider les clients à prévenir les transactions frauduleuses et à améliorer l'efficacité opérationnelle.
Karooooo (NASDAQ: KARO) meldete starke Ergebnisse für das dritte Quartal 2025 mit signifikantem Wachstum in den wichtigsten Kennzahlen. Die Abonnentenzahl des Unternehmens wuchs im Jahresvergleich um 17% auf 2,22 Millionen, während die Nettozugänge von Cartrack im Quartal um 15% auf 86.617 stiegen. Der Quartalsgewinn pro Aktie erreichte mit ZAR7,68 einen Rekord und stieg um 21% im Vergleich zum Vorjahr.
Die Abonnementumsätze stiegen um 14% auf ZAR1.032 Millionen und der operative Gewinn nahm um 18% auf ZAR325 Millionen zu. Der Gesamtumsatz von Cartrack wuchs um 14% auf ZAR1.051 Millionen, wobei die Abonnementumsätze 98% des Gesamtumsatzes ausmachten. Karooooo Logistics zeigte eine starke Leistung mit einem Umsatzanstieg von 20% auf ZAR109 Millionen.
Das Unternehmen hob seine Expansion in Europa hervor, das starke Wachstum der Abonnementumsätze in Südostasien (26% bei konstanter Währung) und die Einführung neuer Software zur Kraftstoffvalidierung, um Kunden dabei zu helfen, betrügerische Transaktionen zu verhindern und die Betriebseffizienz zu steigern.
- Record quarterly EPS growth of 21% Y/Y to ZAR7.68
- Subscriber base increased 17% Y/Y to 2.22 million
- Operating profit up 18% to ZAR325 million
- Subscription revenue grew 14% to ZAR1,032 million
- Southeast Asia subscription revenue grew 26% on constant currency basis
- Strong balance sheet with healthy cash position
- None.
Insights
Karooooo's Q3 2025 results demonstrate remarkable financial strength and operational efficiency. The 21% YoY increase in EPS to ZAR7.68 and 18% growth in operating profit to ZAR325 million showcase robust profitability metrics. The company's subscription-based revenue model, contributing 98% of total revenue, provides high recurring revenue visibility and stability.
The stellar 17% YoY subscriber growth to 2.22 million and 15% increase in net quarterly subscriber additions indicate strong market penetration and scalable growth. The company's expansion in Southeast Asia, with 26% subscription revenue growth on a constant currency basis, presents significant untapped potential in a high-growth market.
The clean balance sheet and strong cash generation capabilities position Karooooo favorably for sustained organic growth. The new fuel validation software introduces an additional revenue stream while enhancing customer value proposition, potentially driving higher customer retention and ARPU.
The introduction of fuel validation software represents a strategic technological advancement in Karooooo's portfolio. This solution addresses a critical pain point in fleet management by detecting fraudulent fuel transactions through sophisticated transaction analysis and vehicle tracking integration. The system's ability to identify multiple swipes, duplicate transactions and fuel diversion demonstrates advanced fraud detection capabilities that can generate substantial cost savings for enterprise clients.
The company's focus on delivery-as-a-service (DaaS) through Karooooo Logistics, showing a 20% revenue growth to ZAR109 million, indicates successful digital transformation initiatives in e-commerce logistics. The platform's ability to connect enterprise customers with third-party delivery drivers through a capital-light model showcases innovative use of technology to solve complex logistics challenges.
Financial and operational highlights include:
-
Karooooo subscribers increased
17% Y/Y to 2.22 million -
Cartrack net quarterly subscriber additions increased
15% Y/Y to 86,617 -
Karooooo quarterly earnings per share increased
21% Y/Y to a recordZAR7.68
Zak Calisto, CEO and Founder:
“We delivered another strong quarter of customer growth. Importantly, we have now settled in our newly built central office in Rosebank,
Karooooo increased subscription revenue
Cartrack increased total revenue
Karooooo Logistics demonstrated continued strong revenue growth with a
Our proven, robust and consistently profitable business model, underpinned by a strong balance sheet and healthy cash position, positions us to capitalize on a growing and largely underpenetrated market.
Our customers now have access to our fuel validation software which mitigates fraudulent transactions. The fuel validation software uncovers multiple swipes by petrol attendants, duplicate transaction errors by card providers and fuel that did not enter the correct company vehicle or enter any vehicle at all. This solution expands our value proposition, helping companies achieve greater operational efficiency and cost savings.
The Company will host a Zoom webinar on Wednesday, 15 January 2025 at 08:00 a.m. Eastern Time (03:00 p.m. South African time; 09:00 p.m. Singaporean time). Investors are invited to join the Zoom webinar at: https://us02web.zoom.us/j/87606283475
For the full earnings, visit: www.karooooo.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250114638631/en/
Source: Karooooo Limited
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