Joint Stock Company Kaspi.kz (KASE:KSPI)
Kazakhstan · Delayed Price · Currency is KZT 46,040
-60 (-0.13%)
At close: Aug 17, 2026
KASE:KSPI Cash Flow Statement
Financials in millions KZT. Fiscal year is January - December.
Millions KZT. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,069,921 | 1,073,177 | 1,039,739 | 841,351 | 585,026 | 431,914 |
Depreciation & Amortization | 90,025 | 78,252 | 28,834 | 25,554 | 16,794 | - |
Other Operating Activities | 256,341 | 256,281 | 95,940 | -45,714 | 36,685 | 34,694 |
Change in Inventory | 838 | -6,927 | 1,825 | 12,096 | - | - |
Change in Accounts Payable | 48 | 115,070 | 8,851 | 11,448 | - | - |
Change in Other Net Operating Assets | -237,335 | -801,769 | -596,549 | 266,390 | 370,083 | -391,961 |
Operating Cash Flow | 1,146,554 | 673,611 | 581,892 | 1,106,128 | 1,020,984 | 70,351 |
Operating Cash Flow Growth | 42.06% | 15.76% | -47.39% | 8.34% | 1351.27% | -88.61% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -193,583 | -182,513 | -95,726 | -50,257 | -59,468 | -24,901 |
Sale of Property, Plant & Equipment | -74 | 7 | 519 | 221 | 528 | 383 |
Cash Acquisitions | -287,118 | -552,834 | - | -29,052 | - | -5,110 |
Divestitures | - | - | - | - | - | 4,500 |
Investment in Securities | -439,367 | 227,537 | -13,157 | -139,272 | -428,221 | 314,876 |
Investing Cash Flow | -920,142 | -507,803 | -108,364 | -218,360 | -487,161 | 289,748 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 326,047 | - | - | - | - |
Long-Term Debt Repaid | - | -108,099 | -48,769 | -46,561 | - | -10,371 |
Net Debt Issued (Repaid) | 216,159 | 217,948 | -48,769 | -46,561 | - | -10,371 |
Repurchase of Common Stock | -50,275 | -21,907 | -2,852 | -60,703 | -63,672 | - |
Common Dividends Paid | -323,201 | - | -646,056 | -560,132 | -210,102 | -340,362 |
Dividends Paid | -323,201 | - | -646,056 | -560,132 | -210,102 | -340,362 |
Other Financing Activities | -102,708 | -45,790 | -12,094 | -8,574 | -2,137 | -1,847 |
Financing Cash Flow | -260,025 | 150,251 | -709,771 | -675,970 | -275,911 | -352,580 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -45,725 | -32,386 | 35,247 | -6,692 | 15,347 | 4,174 |
Net Cash Flow | -79,338 | 283,673 | -200,996 | 205,106 | 273,259 | 11,693 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 952,971 | 491,098 | 486,166 | 1,055,871 | 961,516 | 45,450 |
Free Cash Flow Growth | 43.21% | 1.01% | -53.96% | 9.81% | 2015.55% | -92.42% |
Free Cash Flow Margin | 21.51% | 12.15% | 19.11% | 55.50% | 75.76% | 5.13% |
Free Cash Flow Per Share | 4972.38 | 2559.13 | 2539.65 | 5497.54 | 4956.49 | 233.87 |
Levered Free Cash Flow | -612,422 | -714,366 | -699,653 | -287,079 | -59,994 | -527,712 |
Unlevered Free Cash Flow | 40,167 | -146,429 | -314,581 | 11,677 | 114,179 | -420,530 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,021,580 | 874,234 | 597,046 | 454,502 | 257,030 | 161,369 |
Cash Income Tax Paid | 287,528 | 260,908 | 218,060 | 181,784 | 133,422 | 85,121 |
Change in Working Capital | -269,733 | -734,099 | -582,621 | 284,937 | 382,479 | -396,257 |