Core Insights - The fleet management systems in Southeast Asia are projected to grow at a CAGR of 13.7%, increasing from 2.8 million units in 2023 to 5.4 million by 2028 [3][6] - The penetration rate of fleet management systems among business fleet vehicles is expected to rise from 15.7% in 2023 to 25.7% in 2028 [3] Market Overview - The fleet management market in Southeast Asia has shown resilience and growth following setbacks during the pandemic, driven by economic growth, competition in transportation and logistics, and increased awareness of fleet telematics [2][4] - Key markets in Southeast Asia include Indonesia, Malaysia, Singapore, Thailand, and the Philippines, with varying regulations and economic growth impacting market dynamics [4] Adoption Trends - A significant portion of fleet management deployments consists of basic tracking systems, but there is a growing trend towards the adoption of more advanced fleet management solutions across the region [5] - Singapore is noted for its higher adoption of advanced fleet management solutions compared to other countries in the region [5] Key Players - Major providers of fleet management solutions in Southeast Asia include Jimi IoT, Cartrack (Karooooo), and TransTRACK, each with over 100,000 active units [6] - Other notable vendors with significant market presence include Katsana, GPSiam, EasyGo, Astrata Group, and V3 Smart Technologies, along with international players like Gurtam, Geotab, and SquareGPS [7][8] Market Insights - The report includes insights from interviews with market leaders, data on vehicle populations, and a comprehensive overview of the fleet management value chain [9] - Key questions addressed in the report include the leading local and international providers, market hurdles for foreign players, pricing levels, and future industry trends [10] Key Topics Covered - The report covers various aspects of fleet management solutions, including infrastructure, vehicle management, driver management, operations management, and regulatory compliance [11] - Market forecasts and trends are analyzed, focusing on commercial vehicle fleets, vendor market shares, and future industry developments [12]

Company Overview - Karooooo (NASDAQ: KARO) was founded in South Africa and has experienced significant growth over the past five years, increasing subscribers in four key regions [1] - The company expanded into Asia in 2016, building on its success in South Africa [1] Analyst Background - The analyst has a strong educational background in accounting, holding both a bachelor's and a post-graduate degree, and has completed the necessary exams to qualify as a chartered accountant [1] - The analyst has experience in various industries, including pharmaceuticals and financial due diligence, and currently focuses on equity analysis across multiple regions including the US, South Africa, Australia, and Israel [1] - The current industry focus is on renewable energy, with additional interests in technology, financial, and utilities sectors [1] Investment Strategy - The analyst invests in both large-cap value stocks and smaller growth stocks, particularly on the Johannesburg Stock Exchange (JSE) [1] - The analyst is also a director of an agricultural company in South Africa, indicating a diverse investment portfolio [1]

Core Insights - The article emphasizes the importance of consulting a registered financial advisor before making investment decisions, highlighting that the content is meant for discussion rather than financial advice [2][3] Group 1 - The article does not contain any specific company or industry analysis, focusing instead on the nature of the content provided by Seeking Alpha [2][3]

Group 1 - Karooooo Ltd. reported Q2 FY 2025 results with mixed outcomes, showing growth in their Cartrack subscription service and beating EPS expectations at $0.42, exceeding by $0.03 [1] - The company's revenue for the quarter was $62.69 million, which fell short of expectations by $853.9 thousand [1]

Karooooo Ltd. (NASDAQ:KARO) Q2 2025 Earnings Conference Call October 15, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group CFO Zak Calisto - Founder, CEO & Director Carmen Calisto Hello and welcome to Karooooo's Financial Year 2025 Q2 Earnings Call. On behalf of Karooooo, we would like to thank you for joining us today. I'm Carmen, the Group's Chief Strategy and Marketing Officer. And together with Hoeshin, our Group Chief Financial Officer, ...

Karooooo Ltd. (KARO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this company would post earnings of $0.36 per share when it actually produced earnings of $0.39, delivering a surprise of 8.33%. Over the last four quarters, the company ha ...

SINGAPORE (October 15, 2024) - Karooooo Limited ("Karooooo") reported strong results and a positive outlook in second quarter ("Q2 2025") and Half-Year ("HY 2025") ended August, 31 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, "the group"). Karooooo Adjusted Earnings Per Share increased 31% Y/Y to ZAR7.35 for Q2 2025, driven by healthy subscription revenue growth and higher gross margins. Exhibit 99.1 "We delivered another strong quarter of profitable growth in the sec ...

Shares of Karooooo Ltd (KARO, Financial) surged 5.86% in mid-day trading on Oct 2. The stock reached an intraday high of $40.17, before settling at $39.17, up from its previous close of $37.00. This places KARO 10.56% below its 52-week high of $43.80 and 110.70% above its 52-week low of $18.59. Trading volume was 8,565 shares, 30.5% of the average daily volume of 28,089. Wall Street Analysts Forecast Based on the one-year price targets offered by 2 analysts, the average target price for Karooooo Ltd (KARO, ...

Data by YCharts Karooooo is a company of the highest quality. Its ROIC has continually improved over the past few years to an impressive 28%. A clear trend is visible. Which I look for in companies, especially in alleged high-quality ones. Data by YCharts | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------|----------------------------------------------------- ...

Karooooo Ltd. (NASDAQ:KARO) Q1 2025 Results Conference Call July 19, 2024 8:00 AM ET Company Participants Carmen Calisto - Group Chief Strategy and Marketing Officer Goy Hoeshin - Group Chief Financial Officer Zak Calisto - Founder, CEO & Director Carmen Calisto Hello, and welcome to Karooooo's Financial Year 2025 Q1 Earnings Call. On behalf of Karooooo, we would like to thank you for joining us today. I'm Carmen, the Group's Chief Strategy and Marketing Officer, and together with Hoeshin, our Group Chief F ...