KAROOOOO LIMITED - Unaudited First Quarter 2027 Results

What this filing means

Karooooo's Q1 2027 delivered strong top-line acceleration — subscription revenue and ARR both hit 19% growth, a record 142,472 net subscriber additions, and operating profit up 16% — but the share had already run 26.6% into the print, and the unaudited results read as confirmation of a trajectory the FY2026 full-year already set rather than a fresh re-rating signal. The meaningful offset is a free cash flow collapse to ZAR60 million from ZAR338 million, driven by a 62% step-up in IoT device inv…