Karooooo publishes Q2 FY 2027 earnings call transcript
KARO•KARO•KARO•KARO•Karooooo published its Q2 FY 2027 earnings call transcript, reiterating its outlook and reporting 23% constant-currency subscription revenue growth, record net additions of 94,516 subscribers and operating profit of ZAR 422 million.
At its October 20, 2026, second-quarter earnings call, Karooooo reiterated its FY 2027 outlook and said it expects continued subscription revenue momentum. Cartrack subscription revenue growth accelerated to 23% in constant currency, while net subscriber additions rose 34% to a second-quarter record of 94,516. Operating profit increased 19% to a record ZAR 422 million, and earnings per share rose 18% to ZAR 9.28.
Free cash flow was ZAR 41 million amid device investments. Management said it expects stronger second-half cash generation after investing ZAR 966 million in the first half.
