OverviewSuggest Edit

Karooooo is a technology company that offers a cloud-based real-time data analytics platform for smart transportation. It provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance and manage risk. The company primarily caters to the connected vehicles market.

TypePublic
Founded2018
HQSingapore, SG
Websitekarooooo.com

Locations

Karooooo is headquartered in
Singapore, Singapore

Location Map

Latest Updates

Employees (est.) (Nov 2020)2,776(+19%)
Revenue (FY, 2020)R1.9 B(+15%)
Share Price (Jun 2021)$37.8
Cybersecurity ratingCMore

Key People/Management at Karooooo

Richard Schubert

Richard Schubert

Chief Operating Officer
Juan Marais

Juan Marais

Chief Sales Officer
Carmen Calisto

Carmen Calisto

Chief Marketing Officer
Pedro Ventura

Pedro Ventura

Chief Technology Officer
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Karooooo Office Locations

Karooooo has an office in Singapore
Singapore, SG (HQ)
10 Anson Rd, 12 International Plaza
Show all (1)

Karooooo Financials and Metrics

Karooooo Revenue

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View revenue for all periods
Karooooo's revenue was reported to be R1.94 b in FY, 2020 which is a 14.7% increase from the previous period.
ZAR

Revenue (Q3, 2021)

588.7m

Gross profit (Q3, 2021)

422.3m

Gross profit margin (Q3, 2021), %

71.7%

Net income (Q3, 2021)

132.9m

EBIT (Q3, 2021)

198.2m

Market capitalization (15-Jun-2021)

1.2b

Closing stock price (15-Jun-2021)

37.8

Cash (30-Nov-2020)

88.4m

EV

1.2b
Karooooo's current market capitalization is $1.2 b.
Annual
ZARFY, 2019FY, 2020

Revenue

1.7b1.9b

Revenue growth, %

15%

Cost of goods sold

484.7m574.8m

Gross profit

1.2b1.4b
Quarterly
ZARQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

468.3m469.8m493.2m535.0m551.1m588.7m

Cost of goods sold

143.2m139.1m141.0m144.8m153.0m166.4m

Gross profit

325.2m330.7m352.2m390.2m398.1m422.3m

Gross profit Margin, %

69%70%71%73%72%72%
Annual
ZARFY, 2019FY, 2020

Cash

51.9m146.6m

Accounts Receivable

178.3m217.1m

Prepaid Expenses

21.4m21.2m

Inventories

206.0m151.6m
Quarterly
ZARQ3, 2020Q3, 2021

Cash

134.5m88.4m

Accounts Receivable

208.1m231.4m

Prepaid Expenses

18.2m34.5m

Inventories

170.3m231.3m
Annual
ZARFY, 2019FY, 2020

Net Income

361.0m443.5m

Depreciation and Amortization

238.5m295.8m

Inventories

(34.0m)55.4m

Accounts Payable

42.1m15.7m
Quarterly
ZARQ3, 2020Q3, 2021

Net Income

329.4m394.9m

Depreciation and Amortization

220.0m289.1m

Inventories

35.7m(79.3m)

Accounts Payable

(12.9m)91.6m
ZARFY, 2019

Revenue/Employee

724.0k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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Karooooo Operating Metrics

Karooooo's Subscribers was reported to be 1.3 m in FY, 2021.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021

ARR

R1.67 mR1.79 mR1.86 mR2.02 mR2.02 mR2.11 mR2.21 mR2.37 m

Consumers

397.23 k475.19 k485.84 k553.26 k

Countries

23

Subscribers

960.8 k990.07 k1.04 m1.09 m1.13 m1.13 m1.18 m1.25 m1.3 m
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Karooooo Acquisitions / Subsidiaries

Company NameDateDeal Size
Cartrack Holdings LimitedJuly 17, 2019
Cartrack Limitada
Cartrack Manufacturing Proprietary Limited
Cartrack Polska.SP.ZO.O
Cartrack Portugal S.A.
Cartrack Proprietary Limited
Cartrack Technologies Pte. Ltd.
Cartrack Technologies South East Asia Pte. Ltd.
Cartrack Technologies (Thailand) Company Limited

Karooooo Revenue Breakdown

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Karooooo revenue breakdown by business segment: 97.2% from Subscription and 2.8% from Other

Karooooo revenue breakdown by geographic segment: 73.0% from South Africa, 6.0% from Africa-Other, 8.9% from Europe and 12.1% from Asia-Pacific, Middle East and USA

Karooooo Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Karooooo Online and Social Media Presence

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Karooooo Frequently Asked Questions

  • When was Karooooo founded?

    Karooooo was founded in 2018.

  • Who are Karooooo key executives?

    Karooooo's key executives are Richard Schubert, Juan Marais and Carmen Calisto.

  • How many employees does Karooooo have?

    Karooooo has 2,776 employees.

  • What is Karooooo revenue?

    Latest Karooooo annual revenue is R1.9 b.

  • What is Karooooo revenue per employee?

    Latest Karooooo revenue per employee is R699.5 k.

  • Who are Karooooo competitors?

    Competitors of Karooooo include Ctrack, Tracker and Fleet Complete.

  • Where is Karooooo headquarters?

    Karooooo headquarters is located at 10 Anson Rd, 12 International Plaza, Singapore.

  • Where are Karooooo offices?

    Karooooo has an office in Singapore.

  • How many offices does Karooooo have?

    Karooooo has 1 office.