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Cartrack Subscribers
Tracks the number of active subscribers to Cartrack services, reflecting customer base growth and potential for recurring revenue.Subscriber growth has been steady and accelerates into late 2025, driven by record net adds and high retention that are converting into meaningful ARR momentum. Management’s planned ramp in sales & marketing should extend this subscriber runway but brings short‑term margin pressure and ARPU dilution risk as lower‑ARP regions scale; the key mitigant is strong unit economics and healthy cash generation, which give the company flexibility to prioritize profitable, capital‑disciplined growth over time.
Date | Cartrack Subscribers |
|---|---|
May 31, 2026 | 2.80M |
Feb 28, 2026 | 2.66M |
Nov 30, 2025 | 2.57M |
Aug 31, 2025 | 2.46M |
May 31, 2025 | 2.39M |
Feb 28, 2025 | 2.30M |
Nov 30, 2024 | 2.22M |
Aug 31, 2024 | 2.14M |
May 31, 2024 | 2.05M |
Feb 29, 2024 | 1.97M |