Karooooo's Strong Momentum in Number of Subscribers Carried Through for the 2022 Financial Year
Fourth Quarter and full year 2022 Financial Results to be reported on April 27, 2022
Karooooo Ltd. ("Karooooo") (NASDAQ:KARO), which owns 100% of Cartrack Holdings ("Cartrack"), is a leading global provider of an on-the-ground operational IOT SaaS cloud that maximizes the value of transportation, operations and workflow data by providing insightful real-time data analytics to over 1,525,000 connected vehicles and equipment.
Strong momentum in the number of subscribers carried through for the 2022 financial year ("2022"), ended February 28, 2022.
The growing demand by small to large enterprises wanting to digitally transform their business to remain competitive prevailed throughout 2022.