Karooooo Ltd (NAS:KARO)
$ 40.075 -0.98 (-2.39%) Market Cap: 1.24 Bil Enterprise Value: 1.25 Bil PE Ratio: 27.19 PB Ratio: 8.34 GF Score: 82/100

Q3 2022 Karooooo Ltd Earnings Call Transcript

Jan 19, 2022 / 01:00PM GMT
Release Date Price: $36.11 (+3.62%)
Operator

Welcome to Karooooo Ltd. Earnings Presentation for the Third Quarter of Karooooo's 2022 Financial Year. Today, Zak Calisto, CEO and Founder, will be presenting to you. Zak would take questions from participants after the presentation. Over to Zak to commence the presentation.

Isaias Jose Calisto
Karooooo Ltd. - Founder, CEO & Director

Good day to everybody that's taken the time to listen to our Q3 results. For any potential investors and investors that are not familiar with our structure, Karooooo is the [entity], and Cartrack was where we originally started, which was founded in South Africa and now headquartered in Singapore.

We have a track record of being the potential (inaudible). And as we go, we've evolved over time. We certainly are investing a lot into R&D to accomplish our vision and our mission. We see mobility as core to on-the-ground operations. What we also see is the customer needs are quickly evolving at a relatively fast pace, and it's going far beyond connected vehicles and equipment, driven primarily by the technology where

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