Karooooo Ltd at UBS Global Technology and AI Conference Transcript
All right. Welcome, everyone. We're approaching the end of day three. I hope you've been enjoying the conference. I'm Claire Gerdes. I'm one of the analysts on our software team. And with me today from Karooooo are, Richard Schubert, the Chief Operating Office; and Paul Bieber, the Vice President of Investor Relations and Strategic Finance. So, thank you both for being here.
Thanks for having us. Thank you. Of course. Well, maybe to start for those in the audience who are, a little less familiar with Karooooo maybe you can give just a brief introduction on the company.
Okay, thank you, Claire. Thanks for hosting us. So we operate Cartrack, which is a software platform really focusing on the telematics, fleet management, AI, vision, and various logistics industries. At this point in time, we have 2.5 million subscribers across 24 countries.
Within the last quarter, we had a very good healthy 20% subscription revenue
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