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]