Kaspi.kz Files Annual Report on Form 20-F

Rhea-AI Summary

Kaspi.kz (NASDAQ: KSPI) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The report has been made publicly accessible through two channels: the company's investor relations website at https://ir.kaspi.kz/financial-information/ and the SEC's official website at www.sec.gov.

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ALMATY, Kazakhstan, March 10, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”, or the “Company”) (Nasdaq: KSPI) today announced that the Company has filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”).

Kaspi.kz’s 2024 Annual Report on Form 20-F is available on the investor relations section of its website at https://ir.kaspi.kz/financial-information/ and on the SEC’s website at www.sec.gov.

About Kaspi.kz

Kaspi.kz’s mission is to improve people’s lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants.

Through these Super Apps consumers and merchants can access our leading Payments, Marketplace, and Fintech Platforms. All our services are designed to be highly relevant to users’ everyday needs and enable consumers and merchants to connect and transact between themselves.

The combination of a large, highly engaged consumer and merchant base, best-in-class, highly relevant digital products and a capex lite approach, results in strong top-line growth, a profitable business model and enables us to continue innovating, delighting our users and fulfilling our mission.

In January 2025, Kaspi.kz acquired a 65.41% stake in Hepsiburada, a leading e-commerce technology platform in Türkiye.

Harvard Business School has written two case studies on Kaspi.kz which it continues to teach to its MBA students.

Kaspi.kz has been listed on Nasdaq since January 2024.

For further information

David Ferguson, david.ferguson@kaspi.kz +44 7427 751 275

FAQ

Where can investors access Kaspi.kz's (KSPI) 2024 Annual Report?

Kaspi.kz's 2024 Annual Report is available on their investor relations website (ir.kaspi.kz) and the SEC website (www.sec.gov).

When did Kaspi.kz (KSPI) file its 2024 Form 20-F?

Kaspi.kz filed its Form 20-F Annual Report on March 10, 2025.

What period does Kaspi.kz's (KSPI) latest Form 20-F cover?

The Form 20-F covers the fiscal year ended December 31, 2024.

What type of regulatory filing did Kaspi.kz (KSPI) submit to the SEC?

Kaspi.kz submitted Form 20-F, which is an annual report filing required for foreign private issuers trading on U.S. exchanges.