Karooooo (NASDAQ:KARO) Announces Earnings Results

Karooooo (NASDAQ:KARO) posted its earnings results on Tuesday. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.38 by $0.05, Zacks reports. Karooooo had a net margin of 19.29% and a return on equity of 29.39%. Karooooo updated its FY 2025 guidance to 1.520-1.720 EPS.

Karooooo Price Performance

KARO opened at $44.64 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.17 and a current ratio of 1.18. Karooooo has a 12 month low of $23.35 and a 12 month high of $50.54. The stock’s 50 day moving average price is $44.75 and its 200 day moving average price is $39.84.

Karooooo Company Profile

Karooooo 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.