Karooooo: High-Quality SaaS At A Reasonable Valuation

metamorworks Karooooo (NASDAQ:KARO) is a South African telematics company that is growing rapidly and increasingly returning capital to shareholders. Since my last article, the firm has de-emphasized its Carzuka subsidiary and re-focused on Cartrack growth in Asia. The business has a long runway for growth and investors should buy stock at the current enterprise value of ~$840M USD. Conclusion: Critical KPIs: The main company KPI is the number of paying subscribers. At the time of my prior publication, the ...