Cartrack reports R445 million operating profit
Cartrack has reported operating profits of R445.1 million in its half-year financial results — a 26% increase compared to the same six months last year.
Between 1 March and 31 August 2022, Cartrack recorded a 17% revenue increase from R1.23...
Cartrack makes R148 million profit
Karooooo Ltd., which owns 100% of Cartrack Holdings reported significant increases in subscribers and profits in its third-quarter financial results for the period that ended on 30 November 2021.
The company said that despite ongoing disruption from the...
The SA company whose share price doubled since lockdown
Cartrack is one of South Africa’s biggest tech success stories. Founded in 2004 offering stolen vehicle recovery in South Africa, it grew to a multinational powerhouse with operations in 23 countries.
The company is now offering fleet...