Jackson's questions to Karooooo Ltd (KARO) leadership • Q3 2025
Question
Jackson from William Blair asked about Karooooo's sources for attracting human capital, its selling points to prospective employees, and the contribution to ARPU from each geographic region.
Answer
Isaias Jose Calisto, Group CEO and Founder, stated that recruitment is handled internally through referrals and digital platforms. He noted that attracting senior talent is straightforward due to the company's appeal, but finding high-quality salespeople is more challenging. Regarding regional performance, he confirmed that ARPU contribution is a good proxy for regional growth, aligning with subscription revenue and noting the recent impact of a stronger South African rand.