Financial and operational highlights include:
- Karooooo subscribers increased 17% Y/Y to 2.14 million
- Cartrack net subscriber additions increased 18% Y/Y to a record 89,168
- Cartrack gross margin improved approximately 300bps Y/Y to 74%
- Karooooo adjusted earnings per share increased 31% Y/Y to a record ZAR7.35
- Raising FY25 outlook for subscribers and Cartrack subscription revenue at midpoint
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