Kaspi.kz (ADR) (KSPI)
Connects Kazakhstan consumers and merchants across payments, commerce and fintech through linked Super Apps.
$96.38
vs last close−0.07 (−0.07%)
In millions of USD, except per-share figures · converted from KZT at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,123 | 1,271 | 1,232 | 1,326 | 1,459 | 1,620 | 1,838 | 2,168 | 2,482 | 2,480 | 2,293 | 2,470 |
| Cost of revenue | 107 | 446 | 481 | 178 | 544 | 591 | 876 | 642 | 787 | 647 | 676 | 759 |
| Gross profit | 1,016 | 825 | 752 | 1,147 | 915 | 1,029 | 962 | 1,526 | 1,695 | 1,833 | 1,616 | 1,711 |
| 78 | 157 | 154 | 170 | 163 | 184 | 274 | 313 | 278 | 1,063 | 933 | 983 | |
| Research & development | 50 | 64 | 59 | 59 | 62 | 66 | 96 | 114 | 130 | 0 | 0 | 0 |
| 26 | 49 | 39 | 39 | 40 | 52 | 82 | 99 | 148 | 0 | 0 | 0 | |
| Selling & marketing | 11 | 21 | 22 | 22 | 24 | 29 | 46 | 62 | 98 | 0 | 0 | 0 |
| General & administrative | 14 | 28 | 17 | 17 | 16 | 23 | 36 | 37 | 49 | 0 | 0 | 0 |
| Other expenses | 3 | 44 | 56 | 73 | 62 | 66 | 96 | 100 | 0 | 1,063 | 933 | 983 |
| Operating income | 938 | 668 | 598 | 977 | 752 | 845 | 687 | 1,213 | 1,418 | 770 | 684 | 728 |
| −313 | 6 | 4 | −315 | −6 | 13 | 0 | −493 | −643 | 0 | 0 | 0 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 954 | 959 | 1,073 |
| Interest expense | 0 | 0 | 0 | 329 | 0 | 0 | 0 | 488 | 550 | 565 | 569 | 634 |
| Other non-operating income | 50 | −6 | −4 | −14 | 6 | −13 | 0 | 4 | 643 | −565 | −569 | 0 |
| Income before tax | 625 | 673 | 602 | 663 | 745 | 858 | 687 | 720 | 775 | 770 | 684 | 728 |
| Income tax expense | 105 | 119 | 102 | 120 | 132 | 150 | 119 | 142 | 153 | 171 | 149 | 153 |
| Net income from continuing operations | 520 | 555 | 500 | 543 | 614 | 707 | 568 | 578 | 622 | 599 | 534 | 575 |
| Other adjustments | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 517 | 546 | 500 | 533 | 603 | 697 | 564 | 575 | 622 | 599 | 534 | 575 |
| EPS, basic | $2.72 | $2.88 | $2.63 | $2.86 | $3.17 | $3.67 | $2.99 | $3.01 | $3.26 | $3.15 | $2.81 | $3.02 |
| EPS, diluted | $2.70 | $2.83 | $2.63 | $2.83 | $3.15 | $3.64 | $2.99 | $3.00 | $3.26 | $3.15 | $2.81 | $3.02 |
| Weighted average shares, basic | 190 | 190 | 190 | 190 | 190 | 190 | 190 | 191 | 191 | 190 | 190 | 190 |
| Weighted average shares, diluted | 192 | 193 | 190 | 191 | 191 | 191 | 190 | 192 | 191 | 190 | 190 | 190 |
| EBITDA | 904 | 673 | 602 | 994 | 745 | 858 | 693 | 1,215 | 819 | 1,335 | 1,252 | 728 |
| Depreciation & amortization | 16 | 0 | 0 | 2 | 0 | 0 | 5 | 7 | 45 | 0 | 0 | 0 |
| EBIT | 888 | 673 | 602 | 991 | 745 | 858 | 687 | 1,208 | 775 | 1,335 | 1,252 | 728 |