Kaspi kz Stock Price, News & Analysis

Kaspi.kz (Nasdaq:KSPI) reported 3Q 2025 and 9M 2025 unaudited IFRS results: 3Q revenue +20% YoY and 3Q net income +12% YoY; 9M revenue +20% and 9M net income +14%. Excluding smartphone GMV, regulatory/tax changes and the higher base rate, underlying 3Q revenue and net income rose 23% and 21% respectively, and 9M underlying revenue and net income rose 22% and 20% respectively.

Key business highlights: Payments TPV +18% YoY (3Q); Marketplace revenue +24% vs GMV +12% (3Q); Advertising revenue +56% (3Q); marketplace take rate +80bps; Cost of Risk 0.6% (3Q). Hepsiburada GMV +15% (3Q) while EBITDA declined materially due to investments. Company announced a ~$100m ADS repurchase program and a modest share capital increase expected to raise ~$100m. 2025 net income guidance narrowed to 10–12% YoY (or ~18–20% underlying).

Kaspi.kz (KSPI US) will report its 3rd quarter and nine months 2025 financial results on Monday, 10 November 2025. Management will host a conference call and webcast at 8:00 AM EST (1:00 PM GMT, 6:00 PM Astana time) to review the results.

Investors can pre-register for the call via the provided registration link and will receive access details by email.

Kaspi.kz (NASDAQ:KSPI) reported strong financial results for Q2 and H1 2025, with revenue growing 20% YoY and net income increasing 14% YoY in Q2. The company's Super App engagement remains robust with 75 monthly transactions per active consumer.

Key highlights include: Payments TPV up 21%, Marketplace revenue growth of 25% YoY, and Fintech Platform's TFV growth of 17% YoY. The company expanded its e-Grocery service to 5 cities and integrated Kaspi Pay QR with multiple local banks and AliPay+. Additionally, Kaspi.kz completed the final $526.9 million payment for Hepsiburada acquisition in July and expects to close Rabobank A.Ş acquisition in H2 2025.

Management reaffirmed guidance of approximately 15% consolidated net income growth for 2025 and plans to balance shareholder returns with growth investments in 2026.

Kaspi.kz (NASDAQ: KSPI) has scheduled the release of its financial results for Q2 and H1 2025 on Monday, August 4, 2025. The company will host a conference call and webcast at 8:00 AM EST (1:00 PM GMT, 5:00 PM Astana time) where management will discuss the financial performance for these periods.

Interested participants can pre-register for the conference call through the provided link and will receive access details via email.

Kaspi.kz (NASDAQ: KSPI) reported its Q1 2025 financial results, showing solid growth across its platforms. The company achieved 21% YoY revenue growth and 16% YoY net income growth in Kazakhstan operations. Key highlights include: Payments TPV up 23%, Marketplace revenue up 33% with e-Grocery GMV surging 64% YoY, and Fintech revenue growth of 18%. The company completed its acquisition of 65.41% of Hepsiburada in January 2025, with an initial payment of $600M and $526.9M due within 6 months. Kaspi.kz successfully placed a $650M 5-year Eurobond at 6.250%. However, due to higher interest rates and macro-economic challenges, the company revised its 2025 net income growth guidance from 20% to 15% YoY.

Kaspi.kz (KSPI) has scheduled the announcement of its first quarter 2025 financial results for Monday, May 12, 2025. The company will host a conference call and webcast at 8:00 AM EST (1:00 PM GMT, 5:00 PM Astana time) where management will present and discuss the quarterly results. Interested participants can pre-register for the event through the provided online registration link.

Kaspi.kz (NASDAQ: KSPI) held its Annual General Meeting on March 28, 2025, where several key resolutions were approved. The company's shareholders passed resolutions including the approval of 2024 annual audited financial statements and decided not to distribute additional dividends for 2024, considering previously paid quarterly dividends.

Other approved items included taking note of shareholder appeals regarding company and officer actions in 2024, and the reappointment of Deloitte LLP as the external auditor for the company's 2025 financial statements.

Kaspi.kz (NASDAQ: KSPI) has entered into a share purchase agreement to acquire Rabobank A.Ş., the Turkish subsidiary of Rabobank Group. The target is a fully licensed bank in Turkiye, currently operating without borrowing or depositing clients and lacking a branch network. The transaction, described as non-material, remains subject to regulatory approvals and customary closing conditions.

Kaspi.kz (NASDAQ: KSPI) has successfully priced a $650 million offering of senior unsecured Notes due 2030, marking the largest ever investment grade bond issuance by a non-sovereign from Kazakhstan. The Notes, carrying a 6.250% interest rate payable semi-annually, were priced on March 18, 2025, with settlement expected on March 26, 2025.

The Notes will be offered exclusively to qualified institutional buyers in the US under Rule 144A and internationally under Regulation S. Interest payments will commence from September 26, 2025. The company plans to utilize the net proceeds for general corporate purposes.