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Zak Calisto CEO and Founder Karooooo’s (KARO)

Company Info

Karooooo Ltd.

Ticker:

$KARO

Website

https://karooooo.com/

Zak's Bio

Mr. Calisto is Karooooo’s (KARO) Chief Executive Officer and has been a member of our board of directors since May 2018. He has been the Chief Executive Officer of the Group since its founding in 2001. Before founding the Company, Mr. Calisto was a Member of Vehicle Tracking Services, a company specializing in the distribution of telematics services, from 1994 through 2001. Prior to that, Mr. Calisto was a Member of Cell Communications, a company specializing in the distribution of telecommunication services, from 1994 to 1996. Mr. Calisto also completed an accelerated training program at Standard Bank, Africa’s largest lender by assets, from 1986 through 1991. Mr. Calisto studied at the University of South Africa and University of the Witwatersrand.

Company Bio

Karooooo digitally transforms physical operations by simplifying decision making. Through its cloud platform, Karooooo empowers businesses to conquer operations including fleet maintenance, fuel management and asset utilization, workforce management, logistics, safety, compliance, risk and environmental impact. Karooooo’s differentiated insights and analytics simplify day-to-day operations and enable businesses to decrease costs, increase efficiency, improve safety and strengthen workforce and customer satisfaction.

Karooooo operates through two business segments:

Cartrack - Cartrack operates a smart mobility SaaS cloud that improves customer’s physical operations through real-time data analytics. Cartrack empowers systems integration, fleet management and administration, field worker management, video-based safety, risk mitigation and compliance, delivery management and reporting.

Karooooo Logistics - Karooooo Logistics provides a software application that enables the management of last-mile delivery for our retail customers. By empowering drivers, automating processes, boosting efficiency and scaling operations, we enable customers to offer fast, efficient and affordable eCommerce delivery.

Cartrack has a unique financial profile with ~20% subscription revenue growth and a ~30% operating profit margin. Cartrack is the primary driver of Karooooo’s financial performance.

Karooooo is headquartered in Singapore and services more than 125,000 commercial customers and more than 2,600,000 active subscribers in more than 20 countries globally.

Designing A Connected Fleet: How Karooooo's ($KARO) Billionaire CEO Connects People in One Intelligent Platform