WATCH: Karooooo posts record third-quarter subscription numbers
Business Day TV spoke to Karooooo CEO Zak Calisto for more insight on the performance.
22 January 2023 - 11:58
byBusiness Day TV
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Karooooo reported its best quarter yet in terms of the net number of new subscribers to Cartrack, which provides fleet-management and stolen-vehicle recovery services.
In the third quarter to end-November, the number of subscribers to Cartrack — which generates more than four-fifths of the group’s revenue — jumped 14% to 1.68-million, while it added 78,593 in net new subscribers on the back of strong demand from small and large enterprises.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Karooooo posts record third-quarter subscription numbers
Business Day TV spoke to Karooooo CEO Zak Calisto for more insight on the performance.
Karooooo reported its best quarter yet in terms of the net number of new subscribers to Cartrack, which provides fleet-management and stolen-vehicle recovery services.
In the third quarter to end-November, the number of subscribers to Cartrack — which generates more than four-fifths of the group’s revenue — jumped 14% to 1.68-million, while it added 78,593 in net new subscribers on the back of strong demand from small and large enterprises.
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