Karooooo Ltd. is a profitable company with a recurring revenue model, driven by its Cartrack platform which has 2.7 million subscribers and generates 98% of its revenue from subscriptions. In FY2026, the company achieved 20% revenue growth, mainly led by its South African market, while Asia and the Middle East offer future growth opportunities despite some challenges with lower average revenue per user. Although margin growth was impacted by sales and hardware costs, Karooooo aims for 18–24% subscription growth, a 70–72% gross margin, and 21% EPS growth in FY2027, supported by strong customer retention and a high lifetime value to acquisition cost ratio.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
