• Karooooo released the transcript of its Q4 and full-year FY 2026 earnings call, attended by Founder and Group CEO Zak Calisto, the Group CFO, the Group Chief Strategy and Marketing Officer, and the VP of Investor Relations and Strategic Finance.
• Management highlighted FY 2026 subscription revenue growth of 19% to ZAR 4.84 billion, ARR up 18% to ZAR 5.18 billion, adjusted free cash flow up 90% to ZAR 809 million, and a dividend of USD 1.5 per share payable in July 2026.
• Guidance for FY 2027 called for Cartrack subscription revenue of ZAR 5.7 billion to ZAR 6 billion, gross profit margin of 70% to 72%, operating profit margin of 27% to 30%, and earnings per share of ZAR 38.5 to ZAR 40.
• Zak Calisto flagged a hiring slowdown concentrated in South Africa while keeping investment momentum in Southeast Asia, citing a need to lift sales productivity and platform execution as the company leans more on AI over time.
• He said pricing has been broadly stable across markets, noted memory costs rose about 200% with pricing adjusted to offset it, and said AI-driven customer support remains limited due to misinterpretations that can frustrate customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karooooo Ltd. published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.