Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 68

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4
Chunk 68
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 28,
2025, 0.1% of our total revenue for the financial year ended February 29, 2024 and 0.1% of our total revenue for the financial year ended
February 28, 2023.

We are subject to the information
requirements of the Exchange Act. In accordance with these requirements, we file reports and furnish other information as a foreign private
issuer with the SEC, including annual reports on Form 20-F and reports on Form 6-K. The SEC maintains an Internet website that contains
reports and other information regarding registrants, like us, that file electronically with the SEC. The address of that website is www. sec. gov.
We also make available on our website, free of charge, our annual reports on Form 20-F and the text of our reports on Form 6-K, including
any amendments to these reports, as well as certain other SEC filings, as soon as reasonably practicable after they are electronically
filed with or furnished to the SEC. Our website is https://karooooo. com/. The information on these
websites, and any other website referenced herein, is not part of this report except as specifically incorporated by reference herein.

  BUSINESS OVERVIEW  

Overview

We provide a leading operations management SaaS platform that maximizes
the value of operations and workflow data by providing insightful real-time data analytics to thousands of enterprise customers. Our platform
simplifies decision-making by seamlessly unifying and contextualizing data from a wide range of sources, including OEM devices and proprietary
devices, as well as open APIs. By consolidating business operations into a single, centralized hub, we enable our customers to overcome
complex operational challenges related to safety, compliance, productivity, service delivery, cost control, fuel management, maintenance,
routing, resource allocation, and workforce retention.

Our business is vertically integrated,
which affords us complete autonomy with regards to the development of the capabilities and features that differentiate our applications
as well as the speed of our innovation. Since we own and control almost every aspect of our most advanced smart device design, platform
innovation and software application development, client acquisition and onboarding, customer service and the management of our back-end
support, we are able to move quickly without any significant third-party dependencies and inefficiencies.

We serve customers in more than
20 countries across five continents, supporting more than 2.3 million subscribers as at February 28, 2025 and over 2.3 million connected