Karooooo Ltd. (KARO) 10-Year Financial Performance & Capital Metrics

KARO • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

AboutKarooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.Show more

Revenue $4.57B +8.6%
EBITDA $2.09B +16.9%
Net Income $921M +22.5%
EPS (Diluted) 29.81 +22.7%
Gross Margin 70.13% +9.6%
EBITDA Margin 45.76% +7.7%
Operating Margin 28.73% +15.9%
Net Margin 20.17% +12.8%
ROE 29.54% +10.9%
ROIC 34.38% +2.8%
Debt/Equity 0.22 +152.2%
Interest Coverage 25.30 -60.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 27.0%
✓Strong 5Y profit CAGR of 24.7%
✓FCF machine: 20.3% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.4%
✓Healthy 5Y average net margin of 17.1%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y17.37%

3Y18.48%

TTM16.09%

Profit (Net Income) CAGR

10Y-

5Y24.65%

3Y26.97%

TTM19.88%

EPS CAGR

10Y-

5Y15.97%

3Y26.12%

TTM20.01%

ROCE

10Y Avg40.18%

5Y Avg37.07%

3Y Avg34.57%

Latest37.6%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	1.76B	2.05B	2.06B	2.75B	3.51B	4.21B	4.57B
Revenue Growth %	-	0.17%	0%	0.33%	0.28%	0.2%	0.09%
Cost of Goods Sold+	503.02M	606.84M	602.64M	922.56M	1.23B	1.51B	1.36B
COGS % of Revenue	0.29%	0.3%	0.29%	0.34%	0.35%	0.36%	0.3%
Gross Profit+	1.25B	1.44B	1.46B	1.82B	2.27B	2.69B	3.2B
Gross Margin %	0.71%	0.7%	0.71%	0.66%	0.65%	0.64%	0.7%
Gross Profit Growth %	-	0.15%	0.01%	0.25%	0.25%	0.18%	0.19%
Operating Expenses+	741.37M	779.25M	804.96M	1.12B	1.39B	1.65B	1.89B
OpEx % of Revenue	0.42%	0.38%	0.39%	0.41%	0.4%	0.39%	0.41%
Selling, General & Admin	691.26M	731.82M	714.96M	888.59M	1.14B	1.34B	1.56B
SG&A % of Revenue	0.39%	0.36%	0.35%	0.32%	0.32%	0.32%	0.34%
Research & Development	50.11M	47.43M	90M	152.59M	177.02M	212.24M	231.41M
R&D % of Revenue	0.03%	0.02%	0.04%	0.06%	0.05%	0.05%	0.05%
Other Operating Expenses	0	0	0	86.64M	77.71M	97.59M	99.71M
Operating Income+	512.3M	664.16M	651.06M	699.13M	881.91M	1.04B	1.31B
Operating Margin %	0.29%	0.32%	0.32%	0.25%	0.25%	0.25%	0.29%
Operating Income Growth %	-	0.3%	-0.02%	0.07%	0.26%	0.18%	0.26%
EBITDA+	783.7M	1.01B	1.05B	1.26B	1.49B	1.79B	2.09B
EBITDA Margin %	0.45%	0.49%	0.51%	0.46%	0.43%	0.43%	0.46%
EBITDA Growth %	-	0.29%	0.04%	0.2%	0.18%	0.2%	0.17%
D&A (Non-Cash Add-back)	271.4M	345.27M	400.62M	561.92M	609.64M	744.88M	777.82M
EBIT	521.67M	668.87M	633.94M	693.44M	903.39M	1.08B	1.3B
Net Interest Income+	-28.69M	-14.24M	-4.94M	-6.25M	13.16M	24.03M	-6.83M
Interest Income	2.75M	2.59M	4.36M	6.08M	23.25M	40.15M	45.04M
Interest Expense	31.44M	16.83M	9.3M	12.33M	10.1M	16.12M	51.87M
Other Income/Expense	-23.26M	-13.06M	-25.48M	-17.04M	12.19M	23.21M	-65.41M
Pretax Income+	489.04M	651.1M	625.58M	682.08M	894.1M	1.07B	1.25B
Pretax Margin %	0.28%	0.32%	0.3%	0.25%	0.25%	0.25%	0.27%
Income Tax+	114.35M	182.82M	178.52M	205.48M	285.3M	296.33M	309.81M
Effective Tax Rate %	0.39%	0.47%	0.46%	0.66%	0.67%	0.71%	0.74%
Net Income+	193.13M	306.06M	285.97M	449.95M	597.15M	751.9M	921.03M
Net Margin %	0.11%	0.15%	0.14%	0.16%	0.17%	0.18%	0.2%
Net Income Growth %	-	0.58%	-0.07%	0.57%	0.33%	0.26%	0.22%
Net Income (Continuing)	374.7M	468.28M	447.06M	476.61M	608.81M	768.17M	937.11M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	219.2M	339.77M	418.58M	22.51M	30.64M	40.62M	43.25M
EPS (Diluted)+	9.50	14.21	13.28	14.86	19.29	24.30	29.81
EPS Growth %	-	0.5%	-0.07%	0.12%	0.3%	0.26%	0.23%
EPS (Basic)	9.50	14.21	13.28	14.86	19.29	24.30	29.81
Diluted Shares Outstanding	20.33M	21.54M	21.54M	30.95M	30.95M	30.95M	30.89M
Basic Shares Outstanding	20.33M	21.54M	21.54M	30.95M	30.95M	30.95M	30.89M
Dividend Payout Ratio	0.8%	0.18%	0.86%	-	0.6%	0.68%	0.68%

Balance Sheet

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	480.75M	555.79M	1.3B	1.1B	1.45B	1.45B	1.66B
Cash & Short-Term Investments	51.91M	143.57M	967.58M	719.21M	957.38M	456.03M	1.05B
Cash Only	51.91M	143.57M	102.84M	719.21M	957.38M	456.03M	1.05B
Short-Term Investments	0	0	864.75M	0	0	0	0
Accounts Receivable	201.42M	242.99M	284.71M	317.92M	349.13M	411.39M	476.15M
Days Sales Outstanding	41.85	43.26	50.48	42.26	36.34	35.7	38.05
Inventory	206.01M	148.49M	0	24.93M	78.47M	6.53M	3.84M
Days Inventory Outstanding	149.48	89.31	-	9.87	23.2	1.57	1.03
Other Current Assets	0	0	0	15.04M	65.05M	575.17M	136.11M
Total Non-Current Assets+	1.05B	1.25B	1.56B	1.94B	2.27B	2.83B	3.43B
Property, Plant & Equipment	701.08M	836.91M	1.11B	1.37B	1.58B	2.02B	2.52B
Fixed Asset Turnover	2.51x	2.45x	1.85x	2.01x	2.22x	2.08x	1.81x
Goodwill	122.09M	128.79M	121.67M	183.19M	210.63M	225.65M	175.58M
Intangible Assets	18.46M	39.9M	58.15M	75.71M	84.9M	82.49M	83.35M
Long-Term Investments	0	0	19.01M	20.4M	25.96M	27.99M	28.8M
Other Non-Current Assets	108.54M	141.57M	197.05M	237.13M	309.05M	390.36M	507.48M
Total Assets+	1.53B	1.81B	2.86B	3.04B	3.72B	4.27B	5.1B
Asset Turnover	1.15x	1.13x	0.72x	0.90x	0.94x	0.98x	0.90x
Asset Growth %	-	0.18%	0.58%	0.06%	0.22%	0.15%	0.19%
Total Current Liabilities+	370.22M	398.57M	1.41B	613.43M	782.57M	933.29M	1.46B
Accounts Payable	59.05M	55.93M	89.58M	97.65M	269.89M	365.99M	373.64M
Days Payables Outstanding	42.84	33.64	54.26	38.63	79.79	88.19	99.96
Short-Term Debt	68.17M	48.97M	935.58M	77.82M	73.88M	92.24M	568.07M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	120.51M	121.35M	197.39M	183.34M	102.07M	78.87M	99M
Current Ratio	1.30x	1.39x	0.93x	1.79x	1.85x	1.55x	1.14x
Quick Ratio	0.74x	1.02x	0.93x	1.75x	1.75x	1.55x	1.14x
Cash Conversion Cycle	148.48	98.93	-	13.49	-20.25	-50.92	-60.88
Total Non-Current Liabilities+	321.19M	208.78M	194.46M	286.31M	267.91M	361.3M	383.1M
Long-Term Debt	218.74M	17.45M	10.26M	69.97M	37.97M	41.33M	31.75M
Capital Lease Obligations	69.25M	61.32M	59.08M	63.67M	67.29M	130.29M	127.7M
Deferred Tax Liabilities	33.19M	83.63M	41.18M	46.26M	51.44M	69.31M	96.23M
Other Non-Current Liabilities	0	-8.29M	0	0	0	0	0
Total Liabilities	691.41M	607.35M	1.6B	899.74M	1.05B	1.29B	1.84B
Total Debt+	356.17M	127.74M	1B	211.46M	179.14M	263.86M	727.53M
Net Debt	304.26M	-15.83M	902.08M	-507.75M	-778.24M	-192.17M	-319.07M
Debt / Equity	0.43x	0.11x	0.80x	0.10x	0.07x	0.09x	0.22x
Debt / EBITDA	0.45x	0.13x	0.96x	0.17x	0.12x	0.15x	0.35x
Net Debt / EBITDA	0.39x	-0.02x	0.86x	-0.40x	-0.52x	-0.11x	-0.15x
Interest Coverage	16.30x	39.46x	69.99x	56.70x	87.36x	64.69x	25.30x
Total Equity+	837.54M	1.2B	1.26B	2.14B	2.67B	2.98B	3.26B
Equity Growth %	-	0.43%	0.05%	0.7%	0.25%	0.12%	0.09%
Book Value per Share	41.19	55.70	58.34	69.04	86.21	96.28	105.43
Total Shareholders' Equity	618.34M	860.13M	838.18M	2.11B	2.64B	2.94B	3.21B
Common Stock	10K	9.79K	2.68B	7.02B	7.08B	7.09B	7.17B
Retained Earnings	598.54M	818.76M	798.89M	1.25B	1.55B	1.79B	2.12B
Treasury Stock	0	0	0	0	0	-23.63M	0
Accumulated OCI	19.8M	41.36M	-2.65B	-6.16B	-5.99B	-5.92B	-6.07B
Minority Interest	219.2M	339.77M	418.58M	22.51M	30.64M	40.62M	43.25M

Cash Flow

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	490.11M	951.52M	842.91M	952.64M	1.23B	972.78M	1.97B
Operating CF Margin %	0.28%	0.46%	0.41%	0.35%	0.35%	0.23%	0.43%
Operating CF Growth %	-	0.94%	-0.11%	0.13%	0.29%	-0.21%	1.03%
Net Income	193.13M	306.06M	285.97M	460.06M	650.01M	751.9M	939.18M
Depreciation & Amortization	271.4M	345.27M	400.62M	574.55M	663.6M	744.88M	777.82M
Stock-Based Compensation	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0
Other Non-Cash Items	149.5M	196.46M	170.89M	44.41M	38.14M	25.35M	34.38M
Working Capital Changes	-123.91M	103.72M	-14.58M	-126.38M	-125.36M	-549.36M	220.02M
Change in Receivables	-64.67M	-38.83M	-70.67M	-53.22M	-68.4M	-561.47M	392.26M
Change in Inventory	-35.31M	58.47M	0	-25.94M	-58.55M	74.09M	2.81M
Change in Payables	43.72M	16.55M	103.52M	-11.94M	73.95M	56.53M	7.84M
Cash from Investing+	-445.44M	-451.29M	-475.67M	-740.88M	-677.29M	-949.5M	-1.1B
Capital Expenditures	-452.17M	-446.57M	-470.65M	-609.85M	-681.75M	-944.8M	-1.1B
CapEx % of Revenue	0.26%	0.22%	0.23%	0.22%	0.19%	0.22%	0.24%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	2.14M	-11.61M	-7.54M	0	0	0	0
Cash from Financing+	86.56M	-388.78M	-426.42M	-442.92M	-457.21M	-603.97M	-452M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-154.13M	-55.43M	-244.68M	0	-360.57M	-508.8M	-624.49M
Share Repurchases	-	-	-	-	-	-	-
Other Financing	-7.65M	-103.39M	-943.55M	-48.26M	-61.63M	-58.97M	-79.16M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	52.09M	541.1M	413.27M	387.59M	595.43M	80.15M	928.88M
FCF Margin %	0.03%	0.26%	0.2%	0.14%	0.17%	0.02%	0.2%
FCF Growth %	-	9.39%	-0.24%	-0.06%	0.54%	-0.87%	10.59%
FCF per Share	2.56	25.12	19.19	12.52	19.24	2.59	30.07
FCF Conversion (FCF/Net Income)	2.54x	3.11x	2.95x	2.12x	2.05x	1.29x	2.14x
Interest Paid	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0

Key Ratios

Metric	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	23.06%	30.04%	23.28%	26.52%	24.85%	26.63%	29.54%
Return on Invested Capital (ROIC)	33.65%	42.83%	29.21%	27.68%	37.59%	33.43%	34.38%
Gross Margin	71.37%	70.4%	70.73%	66.41%	64.79%	63.98%	70.13%
Net Margin	10.99%	14.93%	13.89%	16.38%	17.03%	17.88%	20.17%
Debt / Equity	0.43x	0.11x	0.80x	0.10x	0.07x	0.09x	0.22x
Interest Coverage	16.30x	39.46x	69.99x	56.70x	87.36x	64.69x	25.30x
FCF Conversion	2.54x	3.11x	2.95x	2.12x	2.05x	1.29x	2.14x
Revenue Growth	-	16.71%	0.41%	33.39%	27.71%	19.92%	8.61%

Revenue by Geography

	2021	2022	2023	2024	2025
SOUTH AFRICA	2.09B	2.12B	2.73B	3.17B	3.36B
SOUTH AFRICA Growth	-	1.76%	28.60%	16.17%	6.08%
Europe	235.37M	229.67M	257.08M	347.63M	399.21M
Europe Growth	-	-2.42%	11.93%	35.22%	14.84%
Africa	135.55M	101.02M	131.08M	144.02M	143.8M
Africa Growth	-	-25.47%	29.75%	9.87%	-0.15%
AsiaPacificMiddleEastAndUSAMember	454.44M	292.31M	-	-	-
AsiaPacificMiddleEastAndUSAMember Growth	-	-35.68%	-	-	-

Frequently Asked Questions

Valuation & Price

Karooooo Ltd. (KARO) has a price-to-earnings (P/E) ratio of 1.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Karooooo Ltd. (KARO) reported $5.03B in revenue for fiscal year 2025. This represents a 187% increase from $1.76B in 2019.

Karooooo Ltd. (KARO) grew revenue by 8.6% over the past year. This is steady growth.

Yes, Karooooo Ltd. (KARO) is profitable, generating $1.00B in net income for fiscal year 2025 (20.2% net margin).

Dividend & Returns

Yes, Karooooo Ltd. (KARO) pays a dividend with a yield of 43.89%. This makes it attractive for income-focused investors.

Karooooo Ltd. (KARO) has a return on equity (ROE) of 29.5%. This is excellent, indicating efficient use of shareholder capital.

Karooooo Ltd. (KARO) generated $928.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Karooooo Ltd. (KARO) 10-Year Financial Performance & Capital Metrics

KARO • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

Revenue $4.57B +8.6%
EBITDA $2.09B +16.9%
Net Income $921M +22.5%
EPS (Diluted) 29.81 +22.7%
Gross Margin 70.13% +9.6%
EBITDA Margin 45.76% +7.7%
Operating Margin 28.73% +15.9%
Net Margin 20.17% +12.8%
ROE 29.54% +10.9%
ROIC 34.38% +2.8%
Debt/Equity 0.22 +152.2%
Interest Coverage 25.30 -60.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 27.0%
✓Strong 5Y profit CAGR of 24.7%
✓FCF machine: 20.3% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 17.4%
✓Healthy 5Y average net margin of 17.1%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y17.37%

3Y18.48%

TTM16.09%

Profit (Net Income) CAGR

10Y-

5Y24.65%

3Y26.97%

TTM19.88%

EPS CAGR

10Y-

5Y15.97%

3Y26.12%

TTM20.01%

ROCE

10Y Avg40.18%

5Y Avg37.07%

3Y Avg34.57%

Latest37.6%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	1.76B	2.05B	2.06B	2.75B	3.51B	4.21B	4.57B
Revenue Growth %	-	0.17%	0%	0.33%	0.28%	0.2%	0.09%
Cost of Goods Sold+	503.02M	606.84M	602.64M	922.56M	1.23B	1.51B	1.36B
COGS % of Revenue	0.29%	0.3%	0.29%	0.34%	0.35%	0.36%	0.3%
Gross Profit+	1.25B	1.44B	1.46B	1.82B	2.27B	2.69B	3.2B
Gross Margin %	0.71%	0.7%	0.71%	0.66%	0.65%	0.64%	0.7%
Gross Profit Growth %	-	0.15%	0.01%	0.25%	0.25%	0.18%	0.19%
Operating Expenses+	741.37M	779.25M	804.96M	1.12B	1.39B	1.65B	1.89B
OpEx % of Revenue	0.42%	0.38%	0.39%	0.41%	0.4%	0.39%	0.41%
Selling, General & Admin	691.26M	731.82M	714.96M	888.59M	1.14B	1.34B	1.56B
SG&A % of Revenue	0.39%	0.36%	0.35%	0.32%	0.32%	0.32%	0.34%
Research & Development	50.11M	47.43M	90M	152.59M	177.02M	212.24M	231.41M
R&D % of Revenue	0.03%	0.02%	0.04%	0.06%	0.05%	0.05%	0.05%
Other Operating Expenses	0	0	0	86.64M	77.71M	97.59M	99.71M
Operating Income+	512.3M	664.16M	651.06M	699.13M	881.91M	1.04B	1.31B
Operating Margin %	0.29%	0.32%	0.32%	0.25%	0.25%	0.25%	0.29%
Operating Income Growth %	-	0.3%	-0.02%	0.07%	0.26%	0.18%	0.26%
EBITDA+	783.7M	1.01B	1.05B	1.26B	1.49B	1.79B	2.09B
EBITDA Margin %	0.45%	0.49%	0.51%	0.46%	0.43%	0.43%	0.46%
EBITDA Growth %	-	0.29%	0.04%	0.2%	0.18%	0.2%	0.17%
D&A (Non-Cash Add-back)	271.4M	345.27M	400.62M	561.92M	609.64M	744.88M	777.82M
EBIT	521.67M	668.87M	633.94M	693.44M	903.39M	1.08B	1.3B
Net Interest Income+	-28.69M	-14.24M	-4.94M	-6.25M	13.16M	24.03M	-6.83M
Interest Income	2.75M	2.59M	4.36M	6.08M	23.25M	40.15M	45.04M
Interest Expense	31.44M	16.83M	9.3M	12.33M	10.1M	16.12M	51.87M
Other Income/Expense	-23.26M	-13.06M	-25.48M	-17.04M	12.19M	23.21M	-65.41M
Pretax Income+	489.04M	651.1M	625.58M	682.08M	894.1M	1.07B	1.25B
Pretax Margin %	0.28%	0.32%	0.3%	0.25%	0.25%	0.25%	0.27%
Income Tax+	114.35M	182.82M	178.52M	205.48M	285.3M	296.33M	309.81M
Effective Tax Rate %	0.39%	0.47%	0.46%	0.66%	0.67%	0.71%	0.74%
Net Income+	193.13M	306.06M	285.97M	449.95M	597.15M	751.9M	921.03M
Net Margin %	0.11%	0.15%	0.14%	0.16%	0.17%	0.18%	0.2%
Net Income Growth %	-	0.58%	-0.07%	0.57%	0.33%	0.26%	0.22%
Net Income (Continuing)	374.7M	468.28M	447.06M	476.61M	608.81M	768.17M	937.11M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	219.2M	339.77M	418.58M	22.51M	30.64M	40.62M	43.25M
EPS (Diluted)+	9.50	14.21	13.28	14.86	19.29	24.30	29.81
EPS Growth %	-	0.5%	-0.07%	0.12%	0.3%	0.26%	0.23%
EPS (Basic)	9.50	14.21	13.28	14.86	19.29	24.30	29.81
Diluted Shares Outstanding	20.33M	21.54M	21.54M	30.95M	30.95M	30.95M	30.89M
Basic Shares Outstanding	20.33M	21.54M	21.54M	30.95M	30.95M	30.95M	30.89M
Dividend Payout Ratio	0.8%	0.18%	0.86%	-	0.6%	0.68%	0.68%

Balance Sheet

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	480.75M	555.79M	1.3B	1.1B	1.45B	1.45B	1.66B
Cash & Short-Term Investments	51.91M	143.57M	967.58M	719.21M	957.38M	456.03M	1.05B
Cash Only	51.91M	143.57M	102.84M	719.21M	957.38M	456.03M	1.05B
Short-Term Investments	0	0	864.75M	0	0	0	0
Accounts Receivable	201.42M	242.99M	284.71M	317.92M	349.13M	411.39M	476.15M
Days Sales Outstanding	41.85	43.26	50.48	42.26	36.34	35.7	38.05
Inventory	206.01M	148.49M	0	24.93M	78.47M	6.53M	3.84M
Days Inventory Outstanding	149.48	89.31	-	9.87	23.2	1.57	1.03
Other Current Assets	0	0	0	15.04M	65.05M	575.17M	136.11M
Total Non-Current Assets+	1.05B	1.25B	1.56B	1.94B	2.27B	2.83B	3.43B
Property, Plant & Equipment	701.08M	836.91M	1.11B	1.37B	1.58B	2.02B	2.52B
Fixed Asset Turnover	2.51x	2.45x	1.85x	2.01x	2.22x	2.08x	1.81x
Goodwill	122.09M	128.79M	121.67M	183.19M	210.63M	225.65M	175.58M
Intangible Assets	18.46M	39.9M	58.15M	75.71M	84.9M	82.49M	83.35M
Long-Term Investments	0	0	19.01M	20.4M	25.96M	27.99M	28.8M
Other Non-Current Assets	108.54M	141.57M	197.05M	237.13M	309.05M	390.36M	507.48M
Total Assets+	1.53B	1.81B	2.86B	3.04B	3.72B	4.27B	5.1B
Asset Turnover	1.15x	1.13x	0.72x	0.90x	0.94x	0.98x	0.90x
Asset Growth %	-	0.18%	0.58%	0.06%	0.22%	0.15%	0.19%
Total Current Liabilities+	370.22M	398.57M	1.41B	613.43M	782.57M	933.29M	1.46B
Accounts Payable	59.05M	55.93M	89.58M	97.65M	269.89M	365.99M	373.64M
Days Payables Outstanding	42.84	33.64	54.26	38.63	79.79	88.19	99.96
Short-Term Debt	68.17M	48.97M	935.58M	77.82M	73.88M	92.24M	568.07M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	120.51M	121.35M	197.39M	183.34M	102.07M	78.87M	99M
Current Ratio	1.30x	1.39x	0.93x	1.79x	1.85x	1.55x	1.14x
Quick Ratio	0.74x	1.02x	0.93x	1.75x	1.75x	1.55x	1.14x
Cash Conversion Cycle	148.48	98.93	-	13.49	-20.25	-50.92	-60.88
Total Non-Current Liabilities+	321.19M	208.78M	194.46M	286.31M	267.91M	361.3M	383.1M
Long-Term Debt	218.74M	17.45M	10.26M	69.97M	37.97M	41.33M	31.75M
Capital Lease Obligations	69.25M	61.32M	59.08M	63.67M	67.29M	130.29M	127.7M
Deferred Tax Liabilities	33.19M	83.63M	41.18M	46.26M	51.44M	69.31M	96.23M
Other Non-Current Liabilities	0	-8.29M	0	0	0	0	0
Total Liabilities	691.41M	607.35M	1.6B	899.74M	1.05B	1.29B	1.84B
Total Debt+	356.17M	127.74M	1B	211.46M	179.14M	263.86M	727.53M
Net Debt	304.26M	-15.83M	902.08M	-507.75M	-778.24M	-192.17M	-319.07M
Debt / Equity	0.43x	0.11x	0.80x	0.10x	0.07x	0.09x	0.22x
Debt / EBITDA	0.45x	0.13x	0.96x	0.17x	0.12x	0.15x	0.35x
Net Debt / EBITDA	0.39x	-0.02x	0.86x	-0.40x	-0.52x	-0.11x	-0.15x
Interest Coverage	16.30x	39.46x	69.99x	56.70x	87.36x	64.69x	25.30x
Total Equity+	837.54M	1.2B	1.26B	2.14B	2.67B	2.98B	3.26B
Equity Growth %	-	0.43%	0.05%	0.7%	0.25%	0.12%	0.09%
Book Value per Share	41.19	55.70	58.34	69.04	86.21	96.28	105.43
Total Shareholders' Equity	618.34M	860.13M	838.18M	2.11B	2.64B	2.94B	3.21B
Common Stock	10K	9.79K	2.68B	7.02B	7.08B	7.09B	7.17B
Retained Earnings	598.54M	818.76M	798.89M	1.25B	1.55B	1.79B	2.12B
Treasury Stock	0	0	0	0	0	-23.63M	0
Accumulated OCI	19.8M	41.36M	-2.65B	-6.16B	-5.99B	-5.92B	-6.07B
Minority Interest	219.2M	339.77M	418.58M	22.51M	30.64M	40.62M	43.25M

Cash Flow

	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	490.11M	951.52M	842.91M	952.64M	1.23B	972.78M	1.97B
Operating CF Margin %	0.28%	0.46%	0.41%	0.35%	0.35%	0.23%	0.43%
Operating CF Growth %	-	0.94%	-0.11%	0.13%	0.29%	-0.21%	1.03%
Net Income	193.13M	306.06M	285.97M	460.06M	650.01M	751.9M	939.18M
Depreciation & Amortization	271.4M	345.27M	400.62M	574.55M	663.6M	744.88M	777.82M
Stock-Based Compensation	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0
Other Non-Cash Items	149.5M	196.46M	170.89M	44.41M	38.14M	25.35M	34.38M
Working Capital Changes	-123.91M	103.72M	-14.58M	-126.38M	-125.36M	-549.36M	220.02M
Change in Receivables	-64.67M	-38.83M	-70.67M	-53.22M	-68.4M	-561.47M	392.26M
Change in Inventory	-35.31M	58.47M	0	-25.94M	-58.55M	74.09M	2.81M
Change in Payables	43.72M	16.55M	103.52M	-11.94M	73.95M	56.53M	7.84M
Cash from Investing+	-445.44M	-451.29M	-475.67M	-740.88M	-677.29M	-949.5M	-1.1B
Capital Expenditures	-452.17M	-446.57M	-470.65M	-609.85M	-681.75M	-944.8M	-1.1B
CapEx % of Revenue	0.26%	0.22%	0.23%	0.22%	0.19%	0.22%	0.24%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	2.14M	-11.61M	-7.54M	0	0	0	0
Cash from Financing+	86.56M	-388.78M	-426.42M	-442.92M	-457.21M	-603.97M	-452M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-154.13M	-55.43M	-244.68M	0	-360.57M	-508.8M	-624.49M
Share Repurchases	-	-	-	-	-	-	-
Other Financing	-7.65M	-103.39M	-943.55M	-48.26M	-61.63M	-58.97M	-79.16M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	52.09M	541.1M	413.27M	387.59M	595.43M	80.15M	928.88M
FCF Margin %	0.03%	0.26%	0.2%	0.14%	0.17%	0.02%	0.2%
FCF Growth %	-	9.39%	-0.24%	-0.06%	0.54%	-0.87%	10.59%
FCF per Share	2.56	25.12	19.19	12.52	19.24	2.59	30.07
FCF Conversion (FCF/Net Income)	2.54x	3.11x	2.95x	2.12x	2.05x	1.29x	2.14x
Interest Paid	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0

Key Ratios

Metric	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	23.06%	30.04%	23.28%	26.52%	24.85%	26.63%	29.54%
Return on Invested Capital (ROIC)	33.65%	42.83%	29.21%	27.68%	37.59%	33.43%	34.38%
Gross Margin	71.37%	70.4%	70.73%	66.41%	64.79%	63.98%	70.13%
Net Margin	10.99%	14.93%	13.89%	16.38%	17.03%	17.88%	20.17%
Debt / Equity	0.43x	0.11x	0.80x	0.10x	0.07x	0.09x	0.22x
Interest Coverage	16.30x	39.46x	69.99x	56.70x	87.36x	64.69x	25.30x
FCF Conversion	2.54x	3.11x	2.95x	2.12x	2.05x	1.29x	2.14x
Revenue Growth	-	16.71%	0.41%	33.39%	27.71%	19.92%	8.61%

Revenue by Geography

	2021	2022	2023	2024	2025
SOUTH AFRICA	2.09B	2.12B	2.73B	3.17B	3.36B
SOUTH AFRICA Growth	-	1.76%	28.60%	16.17%	6.08%
Europe	235.37M	229.67M	257.08M	347.63M	399.21M
Europe Growth	-	-2.42%	11.93%	35.22%	14.84%
Africa	135.55M	101.02M	131.08M	144.02M	143.8M
Africa Growth	-	-25.47%	29.75%	9.87%	-0.15%
AsiaPacificMiddleEastAndUSAMember	454.44M	292.31M	-	-	-
AsiaPacificMiddleEastAndUSAMember Growth	-	-35.68%	-	-	-

Frequently Asked Questions

Valuation & Price

Karooooo Ltd. (KARO) has a price-to-earnings (P/E) ratio of 1.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Karooooo Ltd. (KARO) reported $5.03B in revenue for fiscal year 2025. This represents a 187% increase from $1.76B in 2019.

Karooooo Ltd. (KARO) grew revenue by 8.6% over the past year. This is steady growth.

Yes, Karooooo Ltd. (KARO) is profitable, generating $1.00B in net income for fiscal year 2025 (20.2% net margin).

Dividend & Returns

Yes, Karooooo Ltd. (KARO) pays a dividend with a yield of 43.89%. This makes it attractive for income-focused investors.

Karooooo Ltd. (KARO) has a return on equity (ROE) of 29.5%. This is excellent, indicating efficient use of shareholder capital.

Karooooo Ltd. (KARO) generated $928.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.