Kaspi.kz JSC Sponsored ADR RegS ( (KSPI) ) has issued an announcement.
On February 24, 2025, Kaspi.kz reported a strong financial performance for the 4Q and FY 2024, with a net income increase of 25% year-over-year, aligning with their initial guidance. The company experienced significant growth across its platforms, particularly in e-Commerce, Payments, and Fintech, driven by innovative product offerings and strategic acquisitions. The acquisition of Hepsiburada in January 2025 marks a significant expansion into the Turkish market, enhancing Kaspi.kz’s growth potential and market reach. The company anticipates a 20% net income growth in 2025, underscoring its robust operational strategy and market leadership.
More about Kaspi.kz JSC Sponsored ADR RegS
Kaspi.kz JSC is a leading fintech company based in Kazakhstan, specializing in the operation of the Kaspi.kz and Kaspi Pay Super Apps. The company primarily focuses on providing a diverse range of digital financial services including payments, marketplace, and fintech solutions, aiming to enhance consumer and merchant engagement in the digital economy.
YTD Price Performance: 2.56%
Average Trading Volume: 242,469
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.28B
For an in-depth examination of KSPI stock, go to TipRanks’ Stock Analysis page.