{"id":5568,"date":"2026-05-14T01:24:00","date_gmt":"2026-05-13T23:24:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c712bfe70f005a3bb8eb85e66ea478dd"},"modified":"2026-05-14T01:24:00","modified_gmt":"2026-05-13T23:24:00","slug":"karooooo-delivers-accelerating-subscription-revenue-growth-and-strong-cash-flow-in-fy-2026","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=5568","title":{"rendered":"Karooooo Delivers Accelerating Subscription Revenue Growth and Strong Cash Flow in FY 2026"},"content":{"rendered":"<p>SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (\u201cKarooooo\u201d) reported record results for the fourth quarter (\u201cQ4 2026\u201d) and year ended February 28, 2026 (\u201cFY 2026\u201d). Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, \u201cthe group\u201d).<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260513986164\/en\/2130437\/4\/logo_vertical_KAROOOOO_1.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260513986164\/en\/2130437\/22\/logo_vertical_KAROOOOO_1.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260513986164\/en\/2130437\/4\/logo_vertical_KAROOOOO_1.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260513986164\/en\/2130437\/21\/logo_vertical_KAROOOOO_1.jpg\" \/><\/a><p>\nFinancial highlights include:<\/p><ul class=\"bwlistdisc\">\n<li>\nQ4 Cartrack South Africa Subscription Revenue growth accelerated to 22% Y\/Y<\/li>\n<li>\nQ4 Cartrack SaaS ARR increased 18% Y\/Y reaching ZAR5,179 million and 38% in USD equivalent<\/li>\n<li>\nFY 2026 Adjusted EPS increased 3% Y\/Y to ZAR32.55 and 20% to USD2.05 in USD equivalent<\/li>\n<li>\nFY 2026 Adjusted Free Cash Flow increased 90% Y\/Y to ZAR809 million<\/li>\n<li>\nDeclared a USD1.50 dividend per share payable in July 2026, an increase of 20% Y\/Y<\/li>\n<\/ul><p>\n\u201cFY 2026 was another year of strong execution. Despite the stronger ZAR, Cartrack accelerated subscription revenue growth to 19%, up from 15% in the prior year. Our ARR increased 18% to ZAR5,179 million and 38% to USD325 million. Importantly, Cartrack subscription revenue growth in South Africa accelerated meaningfully, and we ended the year with South Africa ARR growing at 23%,\u201d said Zak Calisto, Group CEO of Karooooo.<\/p><p>\n\u201cDuring the year, we continued to invest in our distribution network to support accelerated growth and are seeing good early-stage results. Our continued development and product initiatives further strengthened our differentiated value proposition with an enhanced platform, further AI-powered video capabilities and we commercially launched Cartrack-Tag. In FY 2027, we aim to accelerate subscription revenue growth once again while delivering strong EPS growth. Despite providing a contracting gross profit margin outlook for FY 2027, our mid-point outlook for EPS growth in FY 2027 is 21% when compared to our FY 2026 EPS excluding the secondary offering costs. We envisage a slow-down in hiring in FY 2027 while we drive sales force efficiency and AI adoption.<sup>1<\/sup> We enter FY 2027 with operating strength and remain confident in our ability to drive durable, profitable growth across our geographies. We continue to see that our strong owner-oriented culture, vertically-integrated business model, continued innovation, and financial discipline drive our successful customer-centric execution.\u201d<\/p><p>\n<sup>1 <\/sup>Refer to our 6K filed on May 13, 2026, for our FY 2027 Outlook.<\/p><p>\nFor the full earnings, visit: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.karooooo.com&amp;esheet=54535149&amp;newsitemid=20260513986164&amp;lan=en-US&amp;anchor=www.karooooo.com&amp;index=1&amp;md5=b60d2ca8fd177dbcb8a7c573cf26787d\" rel=\"nofollow\" shape=\"rect\">www.karooooo.com<\/a><\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<a  href=\"mailto:ir@karooooo.com\" rel=\"nofollow\" shape=\"rect\">ir@karooooo.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>SINGAPORE&#8211;(BUSINESS WIRE)&#8211;Karooooo Limited (\u201cKarooooo\u201d) reported record results for the fourth quarter (\u201cQ4 2026\u201d) and year ended February 28, 2026 (\u201cFY 2026\u201d). Karooooo owns 100% of Cartrack and 81% of Karooooo Logistics, (collectively, \u201cthe group\u201d)&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5568","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5568"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5568\/revisions"}],"predecessor-version":[{"id":5569,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/5568\/revisions\/5569"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}