Kazakhtelecom JSC Income Statement

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

Millions KZT. Fiscal year is Jan - Dec.

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
Operating Revenue	585,972	569,905	484,732	457,753	621,838	581,495
Other Revenue	13,551	17,317	13,089	14,909	12,659	12,698
Revenue	599,523	587,223	497,821	472,661	634,496	594,193
Revenue Growth	12.06%	17.96%	5.32%	-25.51%	6.78%	12.68%
Cost of Revenue	474,272	458,541	385,813	351,765	400,042	368,750
Gross Profit	125,252	128,681	112,008	120,896	234,454	225,443
Selling, General & Admin	45,337	46,144	45,166	41,084	52,805	54,422
Other Operating Expenses	1,996	-6,031	1,224	1,712	-8,185	4,618
Operating Expenses	51,904	44,683	50,063	53,313	52,084	62,123
Operating Income	73,348	83,998	61,945	67,583	182,370	163,320
Interest Expense	-59,712	-49,556	-38,313	-28,157	-37,531	-44,176
Interest & Investment Income	10,426	18,220	3,278	7,116	14,332	4,641
Earnings From Equity Investments	-615.49	-616.92	-236.26	-	380.02	512.36
Currency Exchange Gain (Loss)	-15,517	-16,671	2,633	-3,588	7,902	2,259
Other Non Operating Income (Expenses)	18,838	17,607	4,814	5,745	-1,296	-1,063
EBT Excluding Unusual Items	26,768	52,980	34,121	48,699	166,157	125,493
Gain (Loss) on Sale of Investments	-	-	-	876.95	-	-
Gain (Loss) on Sale of Assets	-1,636	-6,973	-920.9	-1,003	-229.71	-1,098
Asset Writedown	245.79	-277.98	-195.78	1,218	-865.03	-6,002
Legal Settlements	-	-	-	-	-	682.82
Other Unusual Items	4,756	4,756	-792.61	-940.36	-613.84	9,654
Pretax Income	30,134	50,485	32,212	48,850	164,449	128,730
Income Tax Expense	8,607	10,979	8,071	12,201	35,696	31,287
Earnings From Continuing Operations	21,527	39,506	24,141	36,649	128,753	97,444
Earnings From Discontinued Operations	1,029	107,456	53,090	67,754	-	-
Net Income to Company	22,555	146,962	77,231	104,403	128,753	97,444
Minority Interest in Earnings	-6,155	-5,018	-3,046	-11,336	-14,635	-6,684
Net Income	16,400	141,944	74,185	93,067	114,118	90,759
Preferred Dividends & Other Adjustments	-89.64	-89.64	-89.64	-89.64	-89.64	-89.64
Net Income to Common	16,489	142,034	74,275	93,157	114,208	90,849
Net Income Growth	-91.17%	91.23%	-20.27%	-18.43%	25.71%	42.88%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	13	13	11	11	11	11
Shares Change	22.53%	22.53%	-	-	-	-
EPS (Basic)	1540.20	13266.75	6937.65	8465.09	10377.97	8255.40
EPS (Diluted)	1222.91	10533.68	6749.30	8465.09	10377.97	8255.40
EPS Growth	-92.79%	56.07%	-20.27%	-18.43%	25.71%	42.88%

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
Free Cash Flow	-86,729	-40,892	11,156	46,445	163,421	153,378
Free Cash Flow Per Share	-6432.10	-3032.70	1013.70	4220.43	14849.92	13937.32
Dividend Per Share	-	-	26664.880	2096.600	3038.360	3590.390
Dividend Growth	-	-	1171.82%	-31.00%	-15.38%	107.43%
Gross Margin	20.89%	21.91%	22.50%	25.58%	36.95%	37.94%
Operating Margin	12.23%	14.30%	12.44%	14.30%	28.74%	27.49%
Profit Margin	2.75%	24.19%	14.92%	19.71%	18.00%	15.29%
Free Cash Flow Margin	-14.47%	-6.96%	2.24%	9.83%	25.76%	25.81%
EBITDA	168,488	176,182	154,787	182,381	281,428	260,067
EBITDA Margin	28.10%	30.00%	31.09%	38.59%	44.35%	43.77%
D&A For EBITDA	95,140	92,184	92,842	114,798	99,059	96,747
EBIT	73,348	83,998	61,945	67,583	182,370	163,320
EBIT Margin	12.23%	14.30%	12.44%	14.30%	28.74%	27.49%
Effective Tax Rate	28.56%	21.75%	25.06%	24.98%	21.71%	24.30%
Revenue as Reported	599,523	587,223	497,821	-	634,496	594,193