Karooooo Ltd. recently held its Q1 2026 earnings conference call, detailing the company's financial performance and strategic outlook. The call was attended by key figures including Zak Calisto, Founder & Group CEO, Paul Bieber, VP of Investor Relations and Strategic Finance, Carmen Calisto, Chief Strategy and Marketing Officer, and Goy Hoeshin, Chief Financial Officer. During the call, the management highlighted the company's robust results, with Goy Hoeshin noting, "Our proven and profitable SaaS business model continued to deliver strong results in Q1." Karooooo reported an 18% increase in total subscription revenue, reaching ZAR1,141 million, and a 24% increase in U.S. Dollar terms. The operating profit rose by 17% to ZAR352 million, and adjusted earnings per share increased by 19% to ZAR8.55. Carmen Calisto emphasized the company's role in the digital transformation landscape, saying, "We operate a SaaS platform for connected vehicles and mobile assets that enables businesses to enhance operational efficiency, reduce costs, improve safety, and ensure compliance." The full transcript can be accessed through the link below.
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