KARO News and Press, Karooooo Ltd. From 12/12/22

Summary Karooooo went public in April 2021, raising around $29 million in a U.S. IPO. The firm provides a range of vehicle telematics solutions worldwide. KARO has noted increased demand in Southeast Asia but gross margin has dropped and it faces a macroeconomic slowdown ahead. ...

Summary SaltLight Capital Management started in 2015 and has grown tremendously, with assets under management doubling each year. Our investment process is continuously evolving. Despite the market downturn our cumulative redemptions are a mere basis points of the fund. We are...

Summary Karo is in a unique position due to the nature of the software that the business operates which allows Karo to see and analyse billions of data points. Valuation multiples for Karo are once again in line with the company's actual growth prospects. Debt reduction effort...

Karooooo, which owns 100% of Cartrack, is a leading provider of insightful real-time data analytics and business intelligence. Karooooo maximizes the value of data through its IoT SaaS cloud, with an offering that extends beyond connected vehicles and equipment to assisting more than 95...

Karooooo ( NASDAQ: KARO ) had declared $0.60/share dividend . Payable Sept. 12; for shareholders of record Sept. 2; ex-div Sept. 1. See KARO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Karooooo goes ex-dividend tomorro...

Karooooo, which owns 100% of Cartrack, 100% of Carzuka and 70.1% of Karooooo Logistics (Picup, re-named as Karooooo Logistics, given the consolidation of platforms), is a leading provider of insightful real-time data analytics and business intelligence. Karooooo maximizes the value of d...

KARO is overlooked by the market and undervalued. Growth is strong and shows no signs of slowing. Trading volume is keeping institutions from opening positions. Karooooo Ltd. (KARO) is an under-covered telematics provider operating mainly in South Africa and to a lesser-...

Karooooo Limited (“Karooooo or the “Company”) (NASDAQ: KARO), that owns 100% of Cartrack, 100% of Carzuka and 70.1% of Karooooo Logistics 1 is a leading provider of an on-the-ground operations Internet of Things (”IoT”) SaaS cloud that maximizes th...

Gainers: BlackSky Technology (BKSY) +32%. MicroStrategy (MSTR) +16%. Pineapple Energy (PEGY) +16%. Sangoma Technologies (SANG) +15%. Full Truck Alliance (YMM) +15%. Losers: Semrush Holdings (SEMR) -12%. Karooooo (KARO) -12%. SentinelOne (S) -10%. Tuya (TUYA) -10%. AvidXchange Holdin...

Karooooo Limited went public in April 2021, raising $29 million in an IPO. The Singapore-based company provides vehicle telematics solutions to businesses worldwide. KARO has produced respectable results through the pandemic but appears fully valued and has currency risks. I'm...