Karooooo (KARO) Minority Interest (2020 - 2026)

As of Feb 28, 2026, Karooooo posted Minority Interest of $2.58 million, up 9.2% from the prior year.

• Minority Interest has increased for four consecutive years, though with a five-year compound annual growth rate of -37.0% (years ended Feb 2021 to Feb 2026).
• By year, Minority Interest came in at $2.37 million in the year ended Feb 28, 2025 (+7.7%), $2.2 million in the year ended Feb 29, 2024 (+17.9%), $1.86 million in the year ended Feb 28, 2023 (+20.4%) and $1.55 million in the year ended Feb 28, 2022 (-94.1%).
• The figure for the quarter ended May 31, 2026 ranks as the highest quarterly Minority Interest since the quarter ended May 6, 2021.
• Year over year, Minority Interest has now increased in each of the last 14 quarters, with growth averaging 13.8% over the last eight quarters.
• The high point for year-over-year Minority Interest in five years was the quarter ended Nov 30, 2023 (growth of 69.1%); the low point was the quarter ended Nov 30, 2022 (a decline of 32.4%).
• Per Business Quant data, the three quarters before the quarter ended May 31, 2026 came in at $2.75 million (quarter ended Feb 28, 2026), $2.92 million (quarter ended Nov 30, 2025) and $2.93 million (quarter ended Aug 31, 2025).