Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) Financials
Newest figures come from the 20-F for FY2025, filed Mar 16, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KYIVW SEC filings page.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) reported $1.2B in revenue for fiscal year 2025, up 25.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
Revenue expanded in FY2025, but profit margins compressed while operating cash flow strengthened, revealing growth with weaker earnings conversion.
FY2025 operating cash flow was$558M against net income of$124M , an unusual cash conversion gap that makes cash generation look less dependent on reported profit. With operating cash flow equal to450.0% of net income and capital expenditures consuming44.3% of it, the cash profile reflects both a disconnect between accounting earnings and cash economics and substantial reinvestment.
Revenue rose
Liabilities fell
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Kyivstar Group Ltd. Warrant expiring 8/14/2030's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 has an operating margin of 23.7%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 87/100, reflecting efficient cost management and pricing power. This is down from 37.9% the prior year.
Kyivstar Group Ltd. Warrant expiring 8/14/2030's revenue surged 25.9% year-over-year to $1.2B, reflecting rapid business expansion. This strong growth earns a score of 70/100.
Kyivstar Group Ltd. Warrant expiring 8/14/2030's current ratio of 1.39 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 converts 26.9% of revenue into free cash flow ($311.0M). This strong cash generation earns a score of 94/100.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 earns a strong 9.6% return on equity (ROE), meaning it generates $10 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 26.2% the prior year.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Kyivstar Group Ltd. Warrant expiring 8/14/2030 generates $4.50 in operating cash flow ($558.0M OCF vs $124.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 earns $3.65 in operating income for every $1 of interest expense ($274.0M vs $75.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Kyivstar Group Ltd. Warrant expiring 8/14/2030 earned $0.41 per diluted share (EPS) in Q4 2025. This represents a decrease of 8.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Cash & Balance Sheet
Kyivstar Group Ltd. Warrant expiring 8/14/2030 generated $61.0M in free cash flow in Q4 2025, representing cash available after capex. This represents an increase of 15.1% from the same quarter a year earlier.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 held $455.0M in cash as of Q4 2025; no long-term debt figure is on record for that period.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
Kyivstar Group Ltd. Warrant expiring 8/14/2030 invested $91.0M in capex in Q4 2025, funding long-term assets and infrastructure. This represents an increase of 71.7% from the same quarter a year earlier.
Not reported for Q4 2025.
Not reported for Q4 2025.
KYIVW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q4'2420-F | Q3'246-K |
|---|---|---|---|---|
| Revenue | N/A | $297.0M+19.8% | N/A | $248.0M |
| Cost of Revenue | N/A | $162.0M | N/A | N/A |
| Gross Profit | N/A | $135.0M | N/A | N/A |
| Operating Income | N/A | -$48.0M-148.5% | N/A | $99.0M |
| Interest Expense | N/A | $18.0M-10.0% | N/A | $20.0M |
| Income Tax | N/A | $18.0M-10.0% | N/A | $20.0M |
| Net Income | N/A | -$89.0M-208.5% | N/A | $82.0M |
| EPS (Basic) | $0.41-8.9% | -$0.41-202.5% | $0.45 | $0.40 |
| EPS (Diluted) | $0.41-8.9% | -$0.41-202.5% | $0.45 | $0.40 |
| Diluted Shares (Avg) | N/A | 219M+6.0% | N/A | 207M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, EBITDA.
KYIVW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q4'2420-F | Q3'246-K |
|---|---|---|---|---|
| Total Assets | $2.1B-3.9% | $2.0B | $2.2B | N/A |
| Current Assets | $692.0M-42.7% | $688.0M | $1.2B | N/A |
| Cash & Equivalents | $455.0M-32.5% | $472.0M-7.6% | $674.0M | $511.0M |
| Inventory | $3.0M0.0% | $2.0M | $3.0M | N/A |
| Accounts Receivable | $37.0M-7.5% | $37.0M | $40.0M | N/A |
| Goodwill | $128.0M+814.3% | $124.0M+785.7% | $14.0M | $14.0M |
| Total Liabilities | $823.0M-27.1% | $797.0M | $1.1B | N/A |
| Current Liabilities | $498.0M-43.9% | $491.0M | $887.0M | N/A |
| Non-Current Liabilities | $325.0M+34.3% | $306.0M | $242.0M | N/A |
| Long-Term Debt | N/A | $275.0M | $225.0M | N/A |
| Total Equity | $1.3B+20.3% | $1.2B+22.0% | $1.1B | $1.0B |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Retained Earnings.
KYIVW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
KYIVW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q4'2420-F | Q3'246-K |
|---|---|---|---|---|
| Gross Margin | N/A | 45.5% | N/A | N/A |
| Operating Margin | N/A | -16.2%-56.1pp | N/A | 39.9% |
| Net Margin | N/A | -30.0%-63.0pp | N/A | 33.1% |
| Return on Equity | N/A | -7.2%-15.3pp | N/A | 8.1% |
| Return on Assets | N/A | -4.4% | N/A | N/A |
| Current Ratio | 1.390.0x | 1.40 | 1.36 | N/A |
| Debt-to-Equity | N/A | 0.22 | 0.21 | N/A |
| Liabilities-to-Equity | 0.63-0.4x | 0.64 | 1.05 | N/A |
| Asset Turnover | N/A | 0.15 | N/A | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Kyivstar Group Ltd. Warrant expiring 8/14/2030 KYIVW | FY2025 | $1.2B | $124.0M | 10.7% | N/A | 72/100 |
| VEON Ltd. VEON | FY2025 | $4.4B | $591.0M | 13.4% | $5.2B | 62/100 |
| Chunghwa Telecom Co., Ltd CHT | FY2025 | $7.5B | $1.2B | 16.4% | $38.1B | 70/100 |
| Turkcell Iletisim Hizmetleri A.S. TKC | FY2025 | $5.6B | $409.7M | 7.3% | $4.2B | 69/100 |
| VNET Group, Inc. VNET | FY2025 | N/A | -$36.0M | N/A | $881.4M | — |
| Royal Bank of Canada RY | FY2025 | $47.5B | $14.5B | 30.6% | $280.5B | 50/100 |
Where Kyivstar Group Ltd. Warrant expiring 8/14/2030 Ranks
Frequently Asked Questions
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) reported $1.2B in total revenue for fiscal year 2025. This represents a 25.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) revenue grew by 25.9% year-over-year, from $919.0M to $1.2B in fiscal year 2025.
Yes, Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) reported a net income of $124.0M in fiscal year 2025, with a net profit margin of 10.7%.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had EBITDA of $487.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had an operating margin of 23.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had a net profit margin of 10.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) has a return on equity of 9.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) generated $311.0M in free cash flow during fiscal year 2025. This represents a 16.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) generated $558.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had $2.1B in total assets as of fiscal year 2025, including both current and long-term assets.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) invested $247.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had a current ratio of 1.39 as of fiscal year 2025, which is considered adequate.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had a liabilities-to-equity ratio of 0.63 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) has an earnings quality ratio of 4.50x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) has an interest coverage ratio of 3.65x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Kyivstar Group Ltd. Warrant expiring 8/14/2030 (KYIVW) scores 72 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.