EDWARD WEST edward.west@inl.co.za KAROOOOO, which owns 100 percent of Cartrack Holdings, added 59 percent or 59 911 net new subscribers in the fourth quarter to February 28, 2021, year-on-year, chief executive Zak Calisto said yesterday.
He said the fourth quarter was traditionally the weakest of their financial year, but the group, which makes and distributes fleet asset management software in 23 countries, had the best fourth quarter in its history, and the first quarter of the new financial year was also looking strong.
“We are feeling good about the business at this stage,” he said in an interview. “We are committed to our mission, to build the leading mobility Software-as-a-Service (SaaS) platform that maximises the value of data, which drove our strong fourth quarter and full year…