Kazakhtelecom JSC Income Statement

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

Millions KZT. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	532,624	481,549	457,753	621,838	581,495	520,917
Other Revenue	19,980	13,089	14,909	12,659	12,698	6,414
Revenue	552,604	494,638	472,661	634,496	594,193	527,330
Revenue Growth (YoY)	12.78%	4.65%	-25.51%	6.78%	12.68%	23.18%
Cost of Revenue	422,005	385,813	351,765	400,042	368,750	337,496
Gross Profit	130,600	108,825	120,896	234,454	225,443	189,834
Selling, General & Admin	44,260	45,166	41,084	52,805	54,422	47,117
Other Operating Expenses	-11,910	-1,959	1,712	-8,185	4,618	1,234
Operating Expenses	36,022	46,879	53,313	52,084	62,123	50,513
Operating Income	94,578	61,945	67,583	182,370	163,320	139,321
Interest Expense	-43,097	-38,313	-28,157	-37,531	-44,176	-50,510
Interest & Investment Income	17,094	3,278	7,116	14,332	4,641	3,157
Earnings From Equity Investments	-363.97	-236.26	-	380.02	512.36	234.68
Currency Exchange Gain (Loss)	4,719	2,633	-3,588	7,902	2,259	4,161
Other Non Operating Income (Expenses)	3,905	2,553	5,745	-1,296	-1,063	440.03
EBT Excluding Unusual Items	76,835	31,861	48,699	166,157	125,493	96,804
Gain (Loss) on Sale of Investments	10,255	2,260	876.95	-	-	-
Gain (Loss) on Sale of Assets	-6,353	-920.9	-1,003	-229.71	-1,098	-337.29
Asset Writedown	-325.56	-195.78	1,218	-865.03	-6,002	-6,090
Legal Settlements	-	-	-	-	682.82	-3,702
Other Unusual Items	-792.61	-792.61	-940.36	-613.84	9,654	250.52
Pretax Income	79,619	32,212	48,850	164,449	128,730	86,925
Income Tax Expense	20,002	8,071	12,201	35,696	31,287	21,662
Earnings From Continuing Operations	59,617	24,141	36,649	128,753	97,444	65,263
Earnings From Discontinued Operations	118,266	53,090	67,754	-	-	-
Net Income to Company	177,883	77,231	104,403	128,753	97,444	65,263
Minority Interest in Earnings	-6,370	-3,046	-11,336	-14,635	-6,684	-1,770
Net Income	171,513	74,185	93,067	114,118	90,759	63,493
Preferred Dividends & Other Adjustments	-89.64	-89.64	-89.64	-89.64	-89.64	-89.64
Net Income to Common	171,602	74,275	93,157	114,208	90,849	63,583
Net Income Growth	173.89%	-20.29%	-18.45%	25.74%	42.94%	11.31%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	13	11	11	11	11	11
Shares Change (YoY)	14.20%	-	-	-	-	-0.05%
EPS (Basic)	15593.39	6749.29	8465.09	10377.97	8255.40	5777.75
EPS (Diluted)	13654.38	6749.29	8465.09	10377.97	8255.40	5777.75
EPS Growth	139.62%	-20.27%	-18.43%	25.71%	42.88%	11.35%
Free Cash Flow	-53,809	11,156	46,445	163,421	153,378	77,879
Free Cash Flow Per Share	-4281.56	1013.70	4220.43	14849.92	13937.32	7076.78
Dividend Per Share	26664.880	26664.880	2096.600	3038.360	3590.390	1730.880
Dividend Growth	1171.82%	1171.82%	-31.00%	-15.38%	107.43%	122.45%
Gross Margin	23.63%	22.00%	25.58%	36.95%	37.94%	36.00%
Operating Margin	17.11%	12.52%	14.30%	28.74%	27.49%	26.42%
Profit Margin	31.05%	15.02%	19.71%	18.00%	15.29%	12.06%
Free Cash Flow Margin	-9.74%	2.25%	9.83%	25.76%	25.81%	14.77%
EBITDA	182,042	154,787	182,381	281,428	260,067	228,516
EBITDA Margin	32.94%	31.29%	38.59%	44.35%	43.77%	43.34%
D&A For EBITDA	87,465	92,842	114,798	99,059	96,747	89,196
EBIT	94,578	61,945	67,583	182,370	163,320	139,321
EBIT Margin	17.11%	12.52%	14.30%	28.74%	27.49%	26.42%
Effective Tax Rate	25.12%	25.06%	24.98%	21.71%	24.30%	24.92%
Revenue as Reported	57,967	-	-	634,496	594,193	527,330

Source: S&P Global Market Intelligence. Standard template. Financial Sources.