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Karooooo Q4 2024 Earnings Report

Karooooo logo
$46.80 +0.80 (+1.74%)
(As of 12/20/2024 05:16 PM ET)

Karooooo EPS Results

Actual EPS
$0.36
Consensus EPS
$0.33
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Karooooo Revenue Results

Actual Revenue
$57.64 million
Expected Revenue
$55.54 million
Beat/Miss
Beat by +$2.10 million
YoY Revenue Growth
N/A

Karooooo Announcement Details

Quarter
Q4 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Karooooo Earnings Headlines

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About Karooooo

Karooooo (NASDAQ:KARO) provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.

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