Karooooo Ltd. Reports 24% Increase in USD Subscription Revenue and Robust 30% Operating Profit Margin in Q1 2026

Reuters
Jul 24
<a href="https://laohu8.com/S/KARO">Karooooo Ltd.</a> Reports 24% Increase in USD Subscription Revenue and Robust 30% Operating Profit Margin in Q1 2026

Karooooo Ltd. has released its financial results, indicating strong cash generation and disciplined capital allocation. In Q1 FY26, the company reported a growth in free cash flow, benefiting from effective working capital management. Subscriber growth was recorded at 17%, contributing to the company's overall financial performance. In terms of non-IFRS financial measures, Karooooo Ltd. highlighted adjusted earnings per share, adjusted EBITDA, and adjusted EBITDA margin, although specific figures for these metrics were not disclosed. The company also emphasized its strong track record of earnings and free cash flow generation over a decade-long period. Karooooo Ltd. has not provided specific future guidance or outlook in the document.

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