Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 3.16T | 2.52T | 1.89T | 1.25T | 889.57B | 647.52B |
Gross Profit | 1.98T | 1.57T | 1.22T | 870.60B | 644.71B | 448.21B |
EBITDA | 1.56T | 1.27T | 998.80B | 704.19B | 533.55B | 325.95B |
Net Income | 1.09T | 1.04T | 841.35B | 585.03B | 431.91B | 260.96B |
Balance Sheet | ||||||
Total Assets | 10.05T | 8.38T | 6.82T | 5.12T | 3.61T | 2.81T |
Cash, Cash Equivalents and Short-Term Investments | 2.25T | 2.11T | 2.20T | 1.69T | 948.56B | 1.20T |
Total Debt | 591.47B | 221.46B | 222.16B | 267.06B | 310.46B | 233.09B |
Total Liabilities | 8.02T | 6.80T | 5.72T | 4.30T | 3.10T | 2.41T |
Stockholders Equity | 1.95T | 1.52T | 1.08T | 819.16B | 499.73B | 391.12B |
Cash Flow | ||||||
Free Cash Flow | 665.46B | 486.17B | 1.06T | 961.52B | 45.45B | 599.54B |
Operating Cash Flow | 807.08B | 581.89B | 1.11T | 1.02T | 70.35B | 617.73B |
Investing Cash Flow | -279.55B | -108.36B | -218.36B | -487.16B | 289.75B | -364.71B |
Financing Cash Flow | -55.10B | -709.77B | -675.97B | -275.91B | -352.58B | -177.49B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $16.98B | 7.52 | 69.34% | 8.68% | 28.65% | 6.05% | |
68 Neutral | 18.64B | 28.61 | 19.22% | ― | 8.94% | 22.30% | |
66 Neutral | 20.04B | 116.25 | -27.12% | ― | 18.11% | ― | |
64 Neutral | 17.92B | 30.22 | 25.24% | 1.72% | 10.34% | 0.68% | |
64 Neutral | 15.84B | 105.97 | 2.49% | ― | 12.68% | ― | |
50 Neutral | 15.62B | -33.68 | 78.65% | ― | 47.72% | 61.95% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
On August 6, 2025, Kaspi.kz JSC released its unaudited interim condensed consolidated financial information for the first half of 2025. The report highlights a significant increase in revenue and net income compared to the previous year, indicating strong operational performance. The company achieved a net income of 512,678 million KZT for the six months ended June 30, 2025, up from 466,057 million KZT in the same period of 2024. This financial growth underscores Kaspi.kz’s robust market positioning and its ability to effectively manage costs and expand its customer base, despite challenges in the financial services industry.
Kaspi.kz reported strong financial results for the second quarter and first half of 2025, with significant growth in revenue and net income. The company saw a 20% year-over-year increase in revenue and a 14% rise in net income for the second quarter, driven by robust customer engagement and transaction growth. Key highlights include the expansion of Kaspi Pay’s market through integrations with local banks and AliPay+, and the launch of Kaspi Restaurants to enhance merchant services. The Marketplace Platform also showed impressive growth, particularly in e-Grocery and advertising revenue. Kaspi.kz completed its acquisition of Hepsiburada, with plans to further integrate and improve its operations in Türkiye. The company remains optimistic about its growth prospects, aiming for a 15% net income increase in 2025, and is preparing for future expansion with the anticipated acquisition of Rabobank A.Ş.