Here’s a summary / report of Cartrack’s recent performance, strengths, and weaknesses as of FY2025 (period ending February + some recent quarters)

Here’s a summary / report of Cartrack’s recent performance, strengths, and weaknesses as of FY2025 (period ending February + some recent quarters). If you want a version more focused on customers, or complaints, or financials only, I can pull that too. 📈 Recent Performance & Key Metrics • Cartrack is owned by Karooooo Ltd, which also owns Karooooo Logistics.  • As of 28 Feb 2025, Cartrack had about 2.30 million subscribers, up ~17% from ~1.97 million a year before.  • Net subscriber additions in FY2025 were ~ 330,704, which is a ~30% increase over FY2024.  • Revenue rose 15% year-on-year, from ~R3.6 billion in FY2024 to ~R4.15-4.07 billion in FY2025.  • Subscription revenue forms ~98% of Cartrack’s total revenue.  • Operating profit was ~R1.27 billion in FY2025, up ~19% from ~R1.07 billion the previous year. Margins remain strong (~31%).  • Quarterly (Q4 2025) growth: subscription revenue accelerated ~16% YoY, net subscriber additions ~79,009 for Q4.  🛠 Strengths