Joint Stock Company Kaspi.kz (KASE:KSPI)
Kazakhstan flag Kazakhstan · Delayed Price · Currency is KZT
38,350
+1,993 (5.48%)
At close: Mar 3, 2026

KASE:KSPI Income Statement

Millions KZT. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
4,046,0742,532,1561,913,4901,270,592884,822
Revenue Growth (YoY)
59.79%32.33%50.60%43.60%37.94%
Cost of Revenue
2,119,442949,468671,836383,611244,862
Gross Profit
1,926,6321,582,6881,241,654886,981639,960
Selling, General & Admin
224,48376,88951,35950,39032,387
Research & Development
208,580109,55388,65760,80744,388
Other Operating Expenses
161,651113,95779,63455,21034,383
Operating Income
1,331,9181,282,2891,022,004720,574528,802
Pretax Income
1,331,9181,282,2891,022,004720,574528,802
Provision for Income Taxes
264,211225,455173,234131,73093,588
Net Income
1,067,7071,039,739841,351585,026431,914
Minority Interest in Earnings
-17,0957,4193,8183,300
Net Income to Common
1,067,7071,039,739841,351585,026431,914
Net Income Growth
2.69%23.58%43.81%35.45%64.01%
Shares Outstanding (Basic)
191190190192192
Shares Outstanding (Diluted)
191191192194194
Shares Change (YoY)
-0.47%-0.33%-0.99%-0.18%0.32%
EPS (Basic)
5603.935477.004431.003051.002247.00
EPS (Diluted)
5603.935431.004381.003016.002222.00
EPS Growth
3.18%23.97%45.26%35.73%64.96%
Free Cash Flow
0486,1661,055,871961,51645,450
Free Cash Flow Growth
--53.96%9.81%2015.55%-92.42%
Free Cash Flow Per Share
-2539.655497.544956.49233.87
Dividends Per Share
850.0002550.0003200.0001700.000883.000
Dividend Growth
-66.67%-20.31%88.23%92.53%-37.06%
Gross Margin
47.62%62.50%64.89%69.81%72.33%
Operating Margin
32.92%50.64%53.41%56.71%59.76%
Profit Margin
26.39%41.74%44.36%46.34%49.19%
FCF Margin
0.00%19.20%55.18%75.67%5.14%
EBITDA
1,331,9181,282,2891,022,004720,574528,802
EBIT
1,331,9181,282,2891,022,004720,574528,802
EBIT Margin
32.92%50.64%53.41%56.71%59.76%
Effective Tax Rate
19.84%17.58%16.95%18.28%17.70%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.