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CEO Zak Callisto outlines Karoooooo's strategy for subscription growth
Cape Times
|October 16, 2025
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.
KAROOOOOO CEO and founder Zak Calisto. The group accelerated subscription revenue growth in the second quarter to August 31, 2025.
(SUPPLIED)
The Al-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.
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