Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 129

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 5
Chunk 129
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Item 5. OPERATING AND FINANCIAL REVIEW
AND PROSPECTS

  OPERATING RESULTS  

MANAGEMENT’ S DISCUSSION AND
ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion of our
financial condition and results of operations should be read in conjunction with our consolidated annual financial statements and the
notes thereto, included elsewhere in this annual report, as well as the information presented under “ Presentation of Financial Information.”
The following discussion and analysis include forward-looking statements. These forward-looking statements are subject to risks, uncertainties
and other factors that could cause our actual results to differ materially from those expressed or implied by the forward-looking statements.
Factors that could cause or contribute to these differences include, but are not limited to, those discussed elsewhere in this annual
report. See “ Special Note Regarding Forward-Looking Statements” and “ Risk Factors.”

Overview