Karooooo Ltd. Reports 16% Increase in Total Revenue Excluding Carzuka for Fiscal Year Ending February 28, 2025

Reuters
2025/06/09
<a href="https://laohu8.com/S/KARO">Karooooo Ltd.</a> Reports 16% Increase in Total Revenue Excluding Carzuka for Fiscal Year Ending February 28, 2025

Karooooo Ltd. has announced its financial results for the fiscal year ending February 28, 2025. The company's total revenue, excluding Carzuka, saw a 16% increase, reaching ZAR 4.567 billion. Cartrack, a subsidiary of Karooooo, reported a 15% rise in subscription revenue, amounting to ZAR 4.055 billion, up from ZAR 3.523 billion in the previous year. Carzuka, another segment of Karooooo, generated ZAR 274.8 million in revenue for the financial year ended February 29, 2024. The company did not provide specific details on net income or earnings per share in the released results. No outlook or guidance for future periods has been disclosed in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karooooo Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-052372), on June 09, 2025, and is solely responsible for the information contained therein.

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