CEO Zak Callisto outlines Karooooo's strategy for subscription growth

KAROOOOO, in its second quarter, began to meet a commitment it made to its investors to accelerate subscription revenue growth, said the CEO and founder Zak Callisto.

- EDWARD WEST

KAROOOOOO CEO and founder Zak Calisto. The group accelerated subscription revenue growth in the second quarter to August 31, 2025.

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The AI-driven vehicle logistics and asset utilisation systems group that has Cartrack as its main subsidiary on Wednesday reported a 20% increase in subscription revenue to R1.182 billion.

Callisto said in an interview that this growth figure was 15% last year, and the group had made a commitment to accelerate this growth.

“We accelerated Cartrack subscription revenue growth, year-to-date, by further expanding our distribution footprint in existing markets, driving broader platform adoption, and capitalising on growing demand for video solutions,” said Callisto in an interview.