Kaspi.kz Reported Q4 Revenue Growth Of 15% YoY, Net Income Growth Of 1% YoY

Benzinga Earnings
03/02

4Q & FY 2025 Highlights

  • For the fourth quarter of 2025, our Board of Directors has recommended a quarterly dividend of KZT850 per ADS. We believe this amount is sustainable at least for the remainder of 2026. All dividend distributions are subject to shareholder approval.

     
  • For FY 2025 revenue and net income increased 19% and 10% year-over-year ("YoY") respectively, in line with our guidance. Underlying revenue and net income (which excludes smartphones GMV from Marketplace and the impacts of certain regulatory and tax changes and the increase in the base rate ) increased 21% and 18% respectively.

     
  • 4Q 2025 revenue up 15% year-over-year and net income up 1% YoY. Underlying revenue and net income increased 18% and 13% respectively.

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