Karooooo Ltd.'s Q3 Earnings Highlight SaaS Strength, But Valuation Stretches

Company Overview - Karooooo Ltd. is based in Singapore and its main business unit is Cartrack, which operates almost exclusively on a subscription revenue model [1] - Cartrack has developed a method to connect various services through its subscription model [1] Research Principles - Grassroots Trading focuses on providing objective, unbiased, and balanced research, supported by solid data and free from emotional influences [1] - The research emphasizes small- to mid-cap companies, offering compelling investment opportunities that are often overlooked [1] - The scope of research also includes identifying potential opportunities in large- and mega-cap companies, providing comprehensive coverage of the equity markets [1]