Financial Highlights - Karooooo's Annual Recurring Revenue (ARR) increased by 18% year-over-year to ZAR 4,574 million[21,44] - In USD terms, ARR growth accelerated to 24% year-over-year reaching USD 254 million[21,44] - Cartrack subscription revenue grew by 19% year-over-year in ZAR[29,45] - Cartrack subscription revenue grew by 24% year-over-year in USD[29,45] - Karooooo's Earnings Per Share (EPS) increased by 19% year-over-year to ZAR 855[33,46] Subscriber Growth - Cartrack subscribers increased by 17% year-over-year reaching approximately 24 million[19,21,45] - Asia subscriber growth accelerated to 22% year-over-year[45,51] - Net subscriber additions of 84K were a record for Q1[45,72] Regional Performance - South Africa's Cartrack subscriber growth was 16% year-over-year[50] - Southeast Asia's Cartrack subscriber growth was 22% year-over-year[51] - Europe's Cartrack subscriber growth was 20% year-over-year[52] Karooooo Logistics (Delivery-as-a-Service) - Karooooo Logistics delivered revenue of ZAR 121 million in Q1 2026, a 20% year-over-year increase[29,54,55] - Karooooo Logistics delivered an 8% operating profit margin in Q1 2026[29,54]

Financial Performance Highlights - Karooooo's subscription revenue for FY 2025 reached ZAR 4,055 million, a 15% year-over-year increase[23] - Subscription revenue grew by 19% year-over-year in USD[23] - The company achieved a 31% operating profit margin for FY 2025[23] - Adjusted Earnings Per Share increased by 39% year-over-year to ZAR 9.48 in Q4 2025[27] - Karooooo's Adjusted Earnings Per Share for FY 2025 increased 33% year-over-year to ZAR 31.67[69, 103] Subscriber Growth - Cartrack subscribers increased by 17% year-over-year, reaching 2.3 million[34] - Net subscriber additions in Q4 2025 increased by 25% year-over-year to 79,000[34] - European subscriber growth accelerated to 20% year-over-year[34] Regional Performance - Southeast Asia subscription revenue growth accelerated to 31% year-over-year in Q4 2025[38, 103] - South Africa Cartrack subscribers are approximately 1.7 million[43] - Southeast Asia Cartrack subscribers are approximately 274,000[44] - Europe Cartrack subscribers are approximately 201,000[45] Karooooo Logistics (Delivery-as-a-Service) - B2B Delivery-as-a-Service revenue for FY 2025 was ZAR 420 million, a 33% year-over-year increase[23] - The Delivery-as-a-Service platform achieved a 9% operating profit margin in FY 2025[24, 47]