6-K
Karooooo Ltd. (KARO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF1934
For the month of December, 2022
Commission File Number: 001-40300
KAROOOOO LTD.
(Exact name of registrant as specified in itscharter)
1 Harbourfront Avenue
Keppel Bay Tower #14-07Singapore 098632
+65 6255 4151
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Karooooo Ltd. | ||
|---|---|---|
| By: | /s/ Isaias (Zak) Jose Calisto | |
| Name: | Isaias (Zak) Jose Calisto | |
| Title: | Chief Executive Officer |
Date: December 7, 2022
1
EXHIBIT INDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release, dated December 7, 2022 - Karooooo Ltd. announces growth in subscriber numbers and expected release date of Q3 results |
2
Exhibit 99.1
SINGAPORE (December 7, 2022) Karooooo Limited (“Karooooo”), that owns 100% of Cartrack Holdings Limited, announces growth in subscriber numbers and expected release date of Q3 results.
Business update
Scale: Strong momentum in net subscriber additionscontinues
Karooooo’s profitable and robust business model drives record net subscriber additions, delivering solid growth in the total number of subscribers (vehicles or other mobile assets on our platform):
| ● | 1,678,606<br>Cartrack subscribers in total for the quarter ended November 30, 2022, up 14% (Q3 2022: 1,470,385) |
|---|---|
| ● | 78,593<br>net Cartrack subscriber additions for the quarter ended November 30, 2022, up 27% (Q3 2022: 61,776) |
| --- | --- |
Karooooo to report Third Quarter 2023 FinancialResults on January 19, 2023
Karooooo will report financial results for the third quarter ended November 30, 2022 on Thursday, January 19, 2023 shortly after 04:00 p.m. Eastern Time.
Webcast: The Company will host a corresponding Zoom webinar on Friday, January 20, 2023 at 08:00 a.m. Eastern Time (02:00 p.m. South African time; 08:00 p.m. Singaporean time). Investors are invited to join the Zoom webinar at: https://us02web.zoom.us/j/86467127973
Webinar ID: 864 6712 7973
Telephone:
| ● | US (New York) Toll-free: +1 646 558 8656 |
|---|---|
| ● | South Africa Toll-free: +27 87 551 7702 |
| --- | --- |
A replay will be available at www.karooooo.com approximately three hours after the conclusion of the live event.
About Karooooo
Karooooo, headquartered in Singapore, is a leading global provider of an on-the-ground operational IoT SaaS cloud that maximizes the value of transportation, operations and workflow data by providing insightful real-time data analytics to over 1,600,000 connected vehicles and equipment. Karooooo assists thousands of enterprise customers in digitally transforming their on-the-ground operations. The Cartrack (wholly owned by Karooooo) SaaS platform provides customers with differentiated insights and data analytics to optimize their business operations and workforce, increase efficiency, decrease costs, improve safety, monitor environmental impact, assist with regulatory compliance and manage risk. For more information, visit www.karooooo.com.
| Investor Relations Contact | IR@karooooo.com |
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