Welcome to our dedicated page for Kyivstar Group SEC filings (Ticker: KYIV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kyivstar Group Ltd. filings document its status as a foreign private issuer with Form 20-F annual reporting and Form 6-K current reports. The disclosures cover audited and interim financial statements, earnings releases, non-IFRS measure updates, operating results for telecommunications and digital services, and public-company reporting following its Nasdaq listing.
Kyivstar’s regulatory filings also address material events and corporate actions, including completed digital-platform acquisitions such as Tabletki.ua, registration-statement excerpts tied to common-share offerings by selling shareholders, capital-structure disclosures, shareholder voting matters and annual general meeting materials. Governance, board-election matters, risk disclosures and security-structure information appear through the company’s annual report, current reports and related exhibits.
Kyivstar Group Ltd. is updating how it calculates its non-IFRS metric Equity Free Cash Flow for the third quarter of 2025. The company explains that the earlier Q3 earnings release included a one-time cash inflow of $134 million from a shares issuance in this metric.
To improve comparability between periods, Kyivstar now says Equity Free Cash Flow should exclude cash inflows from proceeds from shares issuance. Using this updated definition, Equity Free Cash Flow before licenses and leases was $40 million for the three months and $203 million for the nine months ended September 30, 2025, and $239 million as of that date. Equity Free Cash Flow after licenses and leases was $31 million for the three months and $176 million for the nine months ended September 30, 2025.
Kyivstar Group Ltd. is registering up to 6,768,098 common shares for resale and up to 7,666,629 additional shares issuable upon exercise of outstanding public warrants. The resale shares include 6,010,353 shares issued to SPAC sponsors and 757,745 shares issued to investors who agreed not to redeem their Cohen Circle shares before the business combination. The company will not receive proceeds from any shareholder resales, but could receive up to $88,166,233.50 if all warrants are exercised for cash at $11.50 per share.
Kyivstar operates Ukraine’s leading mobile and broadband network, serving over 23 million mobile customers and 1.1 million broadband subscribers as of December 31, 2024. For 2024 it reported profit of $283 million and Adjusted EBITDA of $515 million, with Adjusted EBITDA margin of 56%. The nine months ended September 30, 2025 showed profit of $34 million, affected by a one-time listing expense of $162 million, and Adjusted EBITDA of $477 million.
The filing highlights severe risks from the ongoing war in Ukraine, including physical damage to network assets, higher energy costs, restrictions on moving cash abroad and potential nationalization measures. About 5.3% of the combined telecom network had been damaged or destroyed, of which 82% was restored, and roughly 6% of the network was non-functional in Russian-occupied territories as of December 31, 2024. Kyivstar spent approximately UAH 1,866.8 million (about $45.3 million) in 2024 on generators, batteries and other resilience measures.
Kyivstar’s auditors included an emphasis on substantial doubt about its ability to continue as a going concern because of the war, sanctions exposure around certain VEON‑related beneficial owners, and broader macro and legal uncertainties in Ukraine. VEON beneficially owns about 89.6% of outstanding shares, making Kyivstar a controlled company under Nasdaq rules and allowing it to rely on reduced corporate governance requirements. Kyivstar is also an emerging growth company and a foreign private issuer, which further reduces some U.S. reporting and governance obligations.
Kyivstar Group Ltd. is registering up to 7,666,667 common shares issuable upon exercise of outstanding warrants and providing investors with unaudited interim results for the nine months ended September 30, 2025. Total revenue rose to $836 million from $669 million a year earlier, driven by growth in both telecommunications and digital services, while Adjusted EBITDA increased to $477 million from $374 million, reflecting strong operating performance.
Net profit for the period was $34 million versus $190 million in 2024, mainly due to a one‑off $162 million listing expense linked to the SPAC merger and Nasdaq listing. Kyivstar completed the acquisition of ride‑hailing platform Uklon for total consideration of $158 million and increased its stake in digital health business Helsi. Operating cash flow reached $406 million, supporting bond repayments and SPAC‑related financing flows, ending with cash and equivalents of $472 million.
The company highlights that the ongoing war in Ukraine and related sanctions create material uncertainty about its ability to continue as a going concern, even though the financial statements are prepared on a going‑concern basis and management is taking mitigating actions.
Kyivstar Group Ltd. submitted a 6-K to the SEC to provide investors with access to its latest financial information. The company furnished unaudited interim condensed consolidated financial statements for the three and nine-month periods ended September 30, 2025, as an exhibit to this report.
The filing is administrative in nature and mainly serves to make these interim financial statements, together with related Inline XBRL data files, publicly available to the market.
Kyivstar Group Ltd. filed a prospectus supplement registering up to 7,666,667 common shares underlying warrants. Its common shares trade on Nasdaq under “KYIV” at $12.16 last reported on November 7, 2025.
For 3Q25, revenue rose to UAH 12,332 mn (+20.9% YoY) as ARPU and digital engagement increased. Direct digital revenue reached UAH 1,464 mn (+531.3% YoY), representing 11.9% of total, aided by the Uklon consolidation. EBITDA was UAH 7,100 mn (+21.5% YoY), with a 57.6% margin. A one‑time, non‑cash USD 162 mn listing expense drove a quarterly loss of USD 89 mn, while adjusted EPS was USD 0.33. Cash and cash equivalents were UAH 19,502 mn as of September 30, 2025, and capex was UAH 3,695 mn. Uklon contributed UAH 1,027 mn revenue and UAH 378 mn EBITDA in the quarter.
Kyivstar Group Ltd. has furnished a Form 6-K to provide investors with its third quarter 2025 business updates and financial results. The filing states that the company issued a press release covering results for the three and nine months ended September 30, 2025, and has also made available a detailed earnings release and presentation materials. These documents are included as exhibits to the report so readers can review the company’s recent performance and commentary in more depth.