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Adjusted EBITDA by Segment
Shows profitability across different business units, offering a clearer picture of operational efficiency and segment performance.Cartrack is the clear EBITDA engine — sustained and accelerating segment profitability that aligns with management’s tightened ~27–30% margin guidance — while Karooooo Logistics has evolved from a loss-maker to a meaningful, profitable contributor, diversifying EBITDA and supporting stronger free cash flow. Carzuka’s historical losses vanish from the series (reporting exit/reclassification or cleanup), removing a drag. Watch for the planned sales & marketing ramp (near-term margin compression and ARPU dilution risk from lower‑ARPU regions) versus durable ARR/retention and unit economics that support profitable scale.
Date | Cartrack | Carzuka | Karooooo Logistics |
|---|---|---|---|
May 31, 2026 | Rs626.88M | Rs0.00 | Rs15.35M |
Feb 28, 2026 | Rs568.75M | Rs0.00 | Rs14.37M |
Nov 30, 2025 | Rs577.38M | Rs0.00 | Rs10.38M |
Aug 31, 2025 | Rs558.65M | Rs0.00 | Rs12.34M |
May 31, 2025 | Rs533.16M | Rs0.00 | Rs10.39M |
Feb 28, 2025 | Rs533.58M | Rs0.00 | Rs9.39M |
Nov 30, 2024 | Rs491.26M | Rs0.00 | Rs9.98M |
Aug 31, 2024 | Rs452.51M | Rs0.00 | Rs9.99M |
May 31, 2024 | Rs453.33M | Rs0.00 | Rs13.40M |
Feb 29, 2024 | Rs454.25M | Rs2.22M | Rs7.47M |