Technology -
Software - Infrastructure - NASDAQ - KZ
$ 85.1
2.08 %
$ 16.2 B
Market Cap
7.74
P/E
1. INTRINSIC VALUE
Balance Sheet
Joint Stock Company Kaspi.kz
| Current Assets | 5.7 |
| Cash & Short-Term Investments | 2.11 |
| Receivables | 3.47 |
| Other Current Assets | 130 B |
| Non-Current Assets | 2.67 |
| Long-Term Investments | 64 B |
| PP&E | 193 B |
| Other Non-Current Assets | 2.41 |
| Current Liabilities | 6.75 |
| Accounts Payable | 6.5 |
| Short-Term Debt | 197 B |
| Other Current Liabilities | 54 B |
| Non-Current Liabilities | 52.5 B |
| Long-Term Debt | 24.5 B |
| Other Non-Current Liabilities | 28 B |
EFFICIENCY
Earnings Waterfall
Joint Stock Company Kaspi.kz
| Revenue | 2.52 |
| Cost Of Revenue | 949 B |
| Gross Profit | 1.57 |
| Operating Expenses | 300 B |
| Operating Income | 1.27 |
| Other Expenses | 231 B |
| Net Income | 1.04 |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Joint Stock Company Kaspi.kz
| Net Income | 1.04 |
| Depreciation & Amortization | 0 |
| Capital Expenditures | -95.7 B |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -583 B |
| Others | 1.16 |
| Free Cash Flow | 486 B |
Wall Street Analysts Price Targets
Joint Stock Company Kaspi.kz
KSPI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
1.71 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Joint Stock Company Kaspi.kz
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Kaspi: Smartphone Registering Rules Slow Online Activity
Smartphone registering rules hit online activity and knocked a few hundred bps off growth. Smartphones will get more expensive for Kazakhs, and volumes disrupted for now. They also had to provision for higher credit losses due to persistently high rates, continuing inflation and petro-macro concerns. This dinged their fintech business. But they are drawing in a lot of new funds with the deposit options for Kazakhs. Moreover, the growth is still continuing in their directly provided services, lifting take rates.
seekingalpha.com
- 1 month ago
Joint Stock Company Kaspi.kz (KSPI) Q1 2025 Earnings Call Transcript
Joint Stock Company Kaspi.kz (OTC:KSPI) Q1 2025 Results Conference Call May 12, 2025 8:00 AM ET Company Participants David Ferguson - Managing Director Head of Investor Relations Mikheil Lomtadze - CEO and Co-Founder Yuri Didenko - Deputy CEO Tengiz Mosidze - Deputy CFO Conference Call Participants Ygal Arounian - Citi Darrin Peller - Wolfe Research Reggie Smith - JPMorgan Jamie Friedman - Susquehanna Gabor Kemeny - Autonomous Salman Ali - Fountainhead Partnership Operator Hello, and welcome everyone to the Kaspi.kz First Quarter 2025 Financial Results. [Operator Instructions] I will now hand you over to David Ferguson, Head of Investor Relations at Kaspi.kz to begin.
seekingalpha.com
- 1 month ago
Kaspi.kz 1Q 2025 Financial Results
ALMATY, Kazakhstan, May 12, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) which operates the Kaspi.kz and Kaspi Pay Super Apps in Kazakhstan and owns 65.41% of Hepsiburada in Türkiye, today published its unaudited consolidated IFRS financial results for the quarter ended 31 March 2025 (“1Q 2025”). 1Q 2025 Highlights Our results for the first quarter of the year were broadly as we expected them to be.
globenewswire.com
- 1 month ago
Kaspi: A Strong Buy For Value Investors, While Dividend Investors Should Keep It On Close Watch
Kaspi is a compelling investment opportunity for those who don't mind exposure to Kazakhstan, as it's the country's dominant fintech service provider. Kaspi has demonstrated robust revenue and earnings growth with high margins despite having well below average valuation multiples. KSPI decided to cut its dividend for 2025, but its ability and motive to pay in the future remain high, so yield chasers should keep it on their watch list.
seekingalpha.com
- 2 months ago
Kaspi.kz: Announcement of AGM Results
ALMATY, Kazakhstan, March 31, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (Nasdaq: KSPI) announces that the following resolutions were duly passed at its Annual General Meeting on 28 March 2025: To approve the agenda of the Annual General Meeting of Shareholders of JSC Kaspi.kz: Approval of the agenda; Approval of JSC Kaspi.kz's 2024 annual audited financial statements; Approval of the procedure to distribute JSC Kaspi.kz's net income for the year 2024 and the amount of dividend per common share of JSC Kaspi.kz; Information on shareholders' appeals on JSC Kaspi.kz and its officers' actions and results of consideration thereof in 2024; Appointment of the external auditor to audit JSC Kaspi.kz's financial statements. To approve JSC Kaspi.kz's 2024 annual audited financial statements.
globenewswire.com
- 2 months ago
Joint Stock Company Kaspi.kz issues USD denominated Eurobond
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT AND NOT AN OFFER TO SELL OR AN INVITATION TO PURCHASE OR SUBSCRIBE FOR ANY SECURITIES NOR A CIRCULAR OR PROSPECTUS OR EQUIVALENT DOCUMENT AND INVESTORS OR PROSPECTIVE INVESTORS SHOULD NOT MAKE INVESTMENT DECISIONS ON THE BASIS OF ITS CONTENTS.
globenewswire.com
- 2 months ago
Kaspi.kz Files Annual Report on Form 20-F
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”).
globenewswire.com
- 3 months ago
Kaspi.kz receives investment grade rating from Moody's
ALMATY, Kazakhstan, March 05, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz has received its second international credit rating. Moody's rates Kaspi.kz investment grade Baa3 with a stable outlook. The rating follows Fitch's investment BBB- credit rating and stable outlook, received in the second half of 2024. These rating are separate from Kaspi Bank, a component of Kaspi.kz's Fintech Platform, which has been tracked by international rating agencies for many years.
globenewswire.com
- 3 months ago
Notice of Annual General Meeting of Shareholders of Kaspi.kz
ALMATY, Kazakhstan, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of JSC Kaspi.kz (Nasdaq: KSPI) hereby announces the Annual General Meeting of Shareholders of JSC Kaspi.kz will be held on 28 March 2025 at 10:00 Astana time at: 154 “А”, Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.
globenewswire.com
- 3 months ago
Kaspi.kz 4Q and FY 2024 Financial Results
ALMATY, Kazakhstan, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) which operates the Kaspi.kz and Kaspi Pay Super Apps, today published its consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2024 (“4Q 2024” and “FY 2024,” respectively).
globenewswire.com
- 3 months ago
February 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against KSPI
NEW YORK, NY / ACCESS Newswire / February 18, 2025 / If you suffered a loss on your Joint Stock Company Kaspi.kz (NASDAQ:KSPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/joint-stock-company-kaspi-kz-lawsuit-submission-form?prid=130344&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 3 months ago
Kaspi.kz Investors: Please contact the Portnoy Law Firm to recover your losses. February 18, 2025 Deadline to file Lead Plaintiff Motion.
Investors can contact the law firm at no cost to learn more about recovering their losses
globenewswire.com
- 3 months ago
8. Profile
Summary
Joint Stock Company Kaspi.kz KSPI
COUNTRY
KZ
INDUSTRY
Software - Infrastructure
MARKET CAP
$ 16.2 B
Dividend Yield
0.00%
Description
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants. This segment offers shopping transactions, regular household bills, and peer to peer payments for consumers; accepts payment online and in store, issue and settle invoices, pay suppliers and monitor merchant turnover. It also provides proprietary data facilities informed decision making across multiple areas of business. Its Marketplace Platform segment connects online, and offline merchants and consumers enabling merchants to enhance its sales through an omni channel strategy and enable consumers to buy products and services from various merchants. This segment also operates marketplace through m-commerce, a mobile solution for shopping in person which consumers can use e-commerce to shop anywhere, anytime with free delivery; Kaspi Travel allows consumers to book domestic and international flights and package holidays, domestic rail tickets. It also enhances merchants sales by connecting payments and fintech products, Kapsi advertising, and other delivery services. The Fintech Platform segment provides consumers with BNPL, finance, and savings products and merchants with merchant finance services through super apps and Kapsi.kz Super app. It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; and storage and processing of information services. The company was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.
Contact
154A Nauryzbai Batyr Street, Almaty, 050013
https://www.ir.kaspi.kz
IPO
Date
July 23, 2018
Employees
7802
Officers
Ms. Nailya A. Ualibekova
Chief Accountant
Mr. Mikheil N. Lomtadze
Co-Founder, Executive Director, Chairman of the Management Board & Chief Executive Officer
Mr. Pavel Mironov
Chief Operating Officer & Deputy Chairman of the Management Board
Mr. Mamuka Kirvalidze
Head of Azerbaijan Business
Mr. David Ferguson
Head of Investor Relations
Mr. Arseniy Kochetkov
Head of Kaspi Marketing Services
Mr. Yuri Didenko
Deputy Chairman of the Management Board
Mr. Tengiz Mosidze
Deputy Chairman of the Management Board & Chief Financial Officer
Mr. Oleg Bakhmutov
Head of People
Mr. Sabyrzhan Berkinbaev
Head of Local Legal