KASE:KZAP Income Statement

Financials in millions KZT. Fiscal year is January - December.

Millions KZT. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	1,803,049	1,813,352	1,434,635	1,001,171	691,011
Revenue Growth (YoY)	-0.57%	26.40%	43.30%	44.89%	17.63%
Cost of Revenue	940,653	840,134	615,994	442,881	377,883
Gross Profit	862,396	973,218	818,641	558,290	313,128
Selling, General & Admin	83,418	74,882	81,961	70,112	48,760
Other Operating Expenses	17,250	103,118	101,518	43,146	41,959
Operating Expenses	100,668	162,677	199,440	113,258	90,918
Operating Income	761,728	810,541	619,201	445,032	222,210
Interest Expense	-19,289	-9,273	-3,753	-3,689	-3,546
Interest & Investment Income	-	27,579	25,646	12,505	5,201
Earnings From Equity Investments	199,239	161,553	94,959	89,076	51,583
Currency Exchange Gain (Loss)	-32,848	73,494	-21,330	17,304	3,345
Other Non Operating Income (Expenses)	86,636	13,560	480	12,414	3,906
EBT Excluding Unusual Items	995,466	1,077,454	715,203	572,642	282,699
Gain (Loss) on Sale of Investments	-	-2,026	13,658	4,699	-
Gain (Loss) on Sale of Assets	-	-325	-74	1,116	664
Asset Writedown	206	-1,114	229	176	-3,606
Other Unusual Items	-	295,123	-674	3,091	1,887
Pretax Income	995,672	1,369,112	728,342	583,705	281,644
Income Tax Expense	188,965	236,997	148,007	110,742	61,618
Earnings From Continuing Operations	806,707	1,132,115	580,335	472,963	220,026
Net Income to Company	806,707	1,132,115	580,335	472,963	220,026
Minority Interest in Earnings	-236,247	-259,852	-161,151	-124,915	-79,253
Net Income	570,460	872,263	419,184	348,048	140,773
Net Income to Common	570,460	872,263	419,184	348,048	140,773
Net Income Growth	-34.60%	108.09%	20.44%	147.24%	-23.30%
Shares Outstanding (Basic)	259	259	259	259	259
Shares Outstanding (Diluted)	259	259	259	259	259
Shares Change (YoY)	-0.02%	-	-	-	-
EPS (Basic)	2200.00	3363.18	1616.24	1341.96	542.78
EPS (Diluted)	2200.00	3363.18	1616.24	1341.96	542.78
EPS Growth	-34.59%	108.09%	20.44%	147.24%	-23.30%
Free Cash Flow	580,861	343,369	324,044	210,395	72,189
Free Cash Flow Per Share	2240.11	1323.92	1249.41	811.22	278.34
Dividend Per Share	-	1264.120	1213.000	775.000	877.000
Dividend Growth	-	4.21%	56.52%	-11.63%	51.47%
Gross Margin	47.83%	53.67%	57.06%	55.76%	45.31%
Operating Margin	42.25%	44.70%	43.16%	44.45%	32.16%
Profit Margin	31.64%	48.10%	29.22%	34.76%	20.37%
Free Cash Flow Margin	32.21%	18.94%	22.59%	21.02%	10.45%
EBITDA	908,749	935,837	720,923	530,838	299,358
EBITDA Margin	50.40%	51.61%	50.25%	53.02%	43.32%
D&A For EBITDA	147,021	125,296	101,722	85,806	77,148
EBIT	761,728	810,541	619,201	445,032	222,210
EBIT Margin	42.25%	44.70%	43.16%	44.45%	32.16%
Effective Tax Rate	18.98%	17.31%	20.32%	18.97%	21.88%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.