Workflow
Fleet management subscription service
icon
Search documents
Karooooo: Scaling Beyond South Africa's Moat (NASDAQ:KARO)
Seeking Alphaยท 2025-09-24 05:31
Group 1 - Karooooo Ltd. (NASDAQ: KARO) is a leader in fleet management in South Africa, characterized by strong subscription revenue and industry-leading margins [1] - The company's operating profit has more than doubled since 2019, driven by scale and a high fixed-cost base [1]