Karooooo Ltd. (NASDAQ: KARO), the global provider of mobility and operational intelligence solutions and parent company of Cartrack, today announced that it has earned a place on Singapore’s Fastest-Growing Companies 2026, an annual ranking compiled by Statista and The Straits Times.

The list recognises 100 companies headquartered locally that have achieved strong revenue growth.

While the ranking is based on revenue growth rates, Karooooo’s inclusion is particularly notable given its scale. Of the recognised, only 16 recorded revenue above SGD 100 million in 2024, with Karooooo achieving SGD 334.6 million. This distinction highlights Karooooo’s ability to deliver strong growth while operating at scale, a key differentiator in a list largely populated by smaller, earlier-stage companies.

Karooooo’s strong financial and operational performance is underpinned by Cartrack which empowers across 20 countries to conquer fleet operations including fuel management and asset utilization, workforce management, logistics, safety including AI Video, compliance, risk and environmental impact.

“Growth at scale requires discipline, resilience, and a clear value proposition,” said Zak Calisto, Group Chief Executive Officer of Karooooo. “Recognition as one of Singapore’s fastest-growing companies reflects our ability to deliver sustained growth from a significant revenue base, driven by our culture of execution excellence and long-term customer trust in our technology.”