Karooooo's FY2026: Acceleration Amidst Rand's Impact

Karooooos fiscal year 2026 results showcase acceleration despite a stronger rands impact. Subscription revenue surged 19% to ZAR 4.844 billion, with ARR up 18% to ZAR 5.179 billion (38% in USD to $325 million). Free cash flow soared 90% to ZAR 809 million, and the dividend increased 20% to ZAR 1.50 per share. South Africa led growth with 23% ARR and 16% subscriber base increase to 2.7 million. Unit economics remain robust, with 95% retention and LTV to CAC over 9 times. Karooooo is now in elite SaaS company territory, hitting the rule of sixty (growth + profitability) with no dilution and steady share count. Looking ahead, they guide Cartrack sub revenue growth of 18-24%, gross margins of 70-72%, and EPS growth of 21% (excluding one-offs). Priorities include market leadership, video tech adoption, and AI platform upgrades without headcount bloat. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5cf4f7b8981c2979