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Kaspi.kz Reports Strong Financial Growth in 2024

Story Highlights
  • Kaspi.kz JSC published its 2024 financial statements, showing significant revenue growth.
  • The company reported increased net income, reflecting strong market position and operational efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Kaspi.kz JSC Sponsored ADR RegS ( (KSPI) ) has shared an announcement.

On February 25, 2025, Kaspi.kz JSC published its consolidated financial statements for the fiscal year ending December 31, 2024. The company reported a significant increase in revenue and net income over the past three years, reflecting its strong market position and successful business operations. The financial results indicate robust growth in various revenue streams, including net fee, interest, and retail revenues. Despite rising costs and operating expenses, Kaspi.kz has managed to maintain a healthy net income, showcasing its operational efficiency and strategic expansion, particularly in the e-Grocery sector and its ongoing growth in Türkiye.

More about Kaspi.kz JSC Sponsored ADR RegS

Kaspi.kz JSC is a leading financial technology company based in Kazakhstan, primarily offering a range of digital financial services through its Super App platform. The company focuses on providing payment, e-commerce, and financial services to consumers and merchants, with a significant market presence in Kazakhstan and ongoing expansion efforts into Türkiye.

YTD Price Performance: 3.41%

Average Trading Volume: 249,688

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.27B

Learn more about KSPI stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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