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Karooooo delivers strong Q1 2027; FY27 EPS growth guidance reaffirmed

Jul 15, 2026, 4:28 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong Q1 metrics validate growth trajectory for Cartrack and logistics segments; reaffirmed FY27 EPS target supports multiple expansion potential, barring outsized FX volatility.

AI summary

What happened, with direct paths to the underlying reporting

Karooooo reported a robust Q1 2027, with Cartrack revenue and ARR each rising 19% year over year despite FX headwinds, and USD ARR up 32% to $335 million. Net subscriber additions surged 70% to 142,472, lifting total Cartrack subscribers above 2.8 million, while Cartrack Logistics revenue rose 46% to ZAR177 million on solid Quick Commerce demand. The group reaffirmed FY27 guidance for 21% EPS growth and ongoing investment in sales capacity, suggesting continued momentum into the year.

Cartrack revenue up 19% YoY to ZAR1,351m; ARR up 19% to ZAR5,432m.
Net subscriber additions 142,472 (+70%); subscribers exceed 2.8m; SA adds +92%.
Karooooo Logistics revenue +46% to ZAR177m; strong Quick Commerce demand.
FY27 outlook reaffirmed: Cartrack revenue growth 21% CC; EPS growth midpoint 21% YoY.

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