| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/4/2024 | $140.00 | Buy | Citigroup |
| 3/11/2024 | $159.00 | Overweight | JP Morgan |
| 2/27/2024 | $154.00 | Positive | Susquehanna |
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.1Q 2025 Revenue up 21% year-over-year ("YoY"), net income up 16% YoY. This and all references below exclude Türkiye unless otherwise stated.Customer engagement strong with Monthly Transactions per Active Consumer reaching 75.In Payments, operational
ALMATY, Kazakhstan, April 15, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter March 31, 2025, on Monday, 12th May, 2025. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 1st Quarter 2025 Financial Results Conference Call Monday, 12th May, 2025 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=b4b62bc7&confId=81151 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by developing innovativ
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
ALMATY, Kazakhstan, March 27, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) has signed a share purchase agreement with Rabobank Group, relating to the purchase of Rabobank's Turkish subsidiary Rabobank A.Ş. The transaction is not material. Rabobank A.Ş. is a fully licensed bank in Turkiye which has neither borrowing or depositing clients nor a branch network. The closing of the transaction is pending the receipt of required regulatory approvals and satisfaction of all customary closing conditions. 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
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. ALMATY, Kazakhstan, March 21, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI), priced an offering of U.S.$650,000,000 aggregate principal amount of 6.250% Notes due 2030 (the "Notes") on March 18, 2025, a
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.k
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. According to Moody's, the rating reflects Kaspi.kz's diverse business profile, leading nationwide franchise and sound financials including profitability, capitalisation and liquidity. Among the key ratings drivers are: Diverse business mo
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. If a quorum is not met, a repeated Annual General Meeting of Shareholders will be held on 31 March 2025 at 10:00 Astana time at: 154 "А", Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013. Agenda of the Annual General Meeting of Shareholders: Approval of the agenda;Standard AGM item, under the law of Republic of Kazakhstan.Approval of JSC Kaspi.kz's 2024 annual audited financial s
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). 4Q 2024 & FY 2024 Highlights FY 2024 net income up 25% year-over-year ("YoY") – in line with guidance initially provided at the start of 2024. Revenue up 32% YoY.In 4Q 2024 revenue and net income both increased 28% YoY. As we expected, Marketplace GMV growth accelerated in the final quarter of the year. Fintech net income growth accelerated materially from 3Q to 4Q 2024 a
ALMATY, Kazakhstan, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz") (NASDAQ:KSPI) has announced that it has completed its acquisition (the "Transaction") of 40,000,000 Class A and 173,246,220 Class B shares (collectively, the "Shares") of D-Market Electronic Services & Trading ("Hepsiburada") (NASDAQ:HEPS) pursuant to the Stock Purchase Agreement (the "Agreement") entered into on 17 October 2024 among Kaspi.kz and a group of sellers including Hanzade Doğan, the founder and controlling shareholder of Hepsiburada, Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (the "Sellers"). Mikheil Lomtadze, CEO and co-founder of Kaspi.kz,
SC 13G - Joint Stock Co Kaspi.kz (0001985487) (Subject)
SC 13G - Joint Stock Co Kaspi.kz (0001985487) (Subject)
SC 13G - Joint Stock Co Kaspi.kz (0001985487) (Subject)
SC 13G - Joint Stock Co Kaspi.kz (0001985487) (Subject)
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
ALMATY, Kazakhstan, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) has announced that it has signed a definitive agreement with Hanzade Doğan, the founder and controlling shareholder of D-Market Electronic Services & Trading (NASDAQ:HEPS), and Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan to acquire 65.41% of all the total outstanding Class A and Class B shares of Hepsiburada. Founded in 2000 by Hanzade Doğan, Hepsiburada has long been one of Türkiye's leading e-commerce platforms. The company grew by focusing on customer service, technology, logistics and a broad assortment of products across various retail categories. F
ALMATY, Kazakhstan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 21 August 2024: 1. To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz: 1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Appointment of the external auditor to audit JSC Kaspi.kz's financial statements. 2. To approve dividends to be paid within the period set by law: 1) dividend amount of KZT 850 (eight hundred and fifty tenge) per com
ALMATY, Kazakhstan, April 09, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz announces that the following resolutions were duly passed at its Annual General Meeting on 08 April 2024: 1. To approve the agenda of the Annual General Meeting of Shareholders of JSC Kaspi.kz: 1) Approval of the agenda;2) Approval of JSC Kaspi.kz's 2023 annual audited financial statements;3) Approval of the procedure to distribute JSC Kaspi.kz's net income for the year 2023 and the amount of dividend per common share of JSC Kaspi.kz;4) Information on shareholders' appeals on JSC Kaspi.kz and its officers' actions and results of consideration thereof in 2023;5) Defining the term of office of the B
Citigroup initiated coverage of Kaspi.kz with a rating of Buy and set a new price target of $140.00
JP Morgan initiated coverage of Kaspi.kz with a rating of Overweight and set a new price target of $159.00
Susquehanna initiated coverage of Kaspi.kz with a rating of Positive and set a new price target of $154.00
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
20-F - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
SCHEDULE 13D - Joint Stock Co Kaspi.kz (0001985487) (Filed by)
6-K - Joint Stock Co Kaspi.kz (0001985487) (Filer)
ALMATY, Kazakhstan, April 15, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter March 31, 2025, on Monday, 12th May, 2025. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 1st Quarter 2025 Financial Results Conference Call Monday, 12th May, 2025 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=b4b62bc7&confId=81151 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by developing innovativ
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. ALMATY, Kazakhstan, March 21, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI), priced an offering of U.S.$650,000,000 aggregate principal amount of 6.250% Notes due 2030 (the "Notes") on March 18, 2025, a
ALMATY, Kazakhstan, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz") (NASDAQ:KSPI) has announced that it has completed its acquisition (the "Transaction") of 40,000,000 Class A and 173,246,220 Class B shares (collectively, the "Shares") of D-Market Electronic Services & Trading ("Hepsiburada") (NASDAQ:HEPS) pursuant to the Stock Purchase Agreement (the "Agreement") entered into on 17 October 2024 among Kaspi.kz and a group of sellers including Hanzade Doğan, the founder and controlling shareholder of Hepsiburada, Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (the "Sellers"). Mikheil Lomtadze, CEO and co-founder of Kaspi.kz,
ALMATY, Kazakhstan, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and year ended December 31, 2024, on Monday, 24th February, 2025. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 6.00pm Astana time) to review and discuss the company's results for the period. 4th Quarter & FY 2024 Financial Results Conference Call Monday, 24th February, 2025 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=ba8cfc64&confId=77130 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by dev
ALMATY, Kazakhstan, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 19 November 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Approval of amended Charter of JSC Kaspi.kz;4) Election of the Board Member due to resignation of one of the Board Members;5) Approval of the amount and terms of remuneration and reimbursement of expenses of the Board Members incurred while performing
ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we ("Kaspi.kz") submitted a non-binding letter of interest to Uzbekistan's State Assets Management Agency ("SAMA"), indicating our interest in participating in the privatisation of the National Interbank Processing Center ("Humo"). At this time, we are not proceeding further in the process. Uzbekistan's economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz's innovative digital products improve the everyday lives of consumers and merchants and we will continue to look for opportunities to play a part in Uzbekistan's exciting digital transformation. Contacts David Fergusondavid.ferg
ALMATY, Kazakhstan, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and nine months ended September 30, 2024, on Monday, 21st October, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 3rd Quarter & 9 months 2024 Financial Results Conference Call Monday, 21st October, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=ac66cfee&confId=71533 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's
ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz ("Kaspi.kz", "we") (NASDAQ:KSPI) which operates the Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants, today publishes its unaudited consolidated IFRS financial results for the quarter and first half ended 30 June 2024 ("2Q & 1H 2024"). 2Q 2024 Highlights Strong 2Q 2024 with revenue and net income up 36% and 25% year-over-year ("YoY"), respectively.Our faster growing and more profitable Payments and Marketplace Platforms together accounted for 68% of consolidated net income, up from 61% in 1H 2023.All Platforms continued to deliver strong top-line growth in the second quarter of 20
ALMATY, Kazakhstan, June 27, 2024 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and first half ended June 30, 2024, on Monday, 22 July, 2024. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 2nd Quarter & First Half 2024 Financial Results Conference Call Monday, 22nd July, 2024 To pre-register for this call, please go to the following link: https://www.netroadshow.com/events/login?show=003831c9&confId=67819 You will receive your access details via email. About Kaspi.kz Kaspi.kz's mission is to improve people's lives by dev
ALMATY, Kazakhstan, May 23, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 22 May 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share.To approve dividends to be paid within the period set by law:1) dividend amount of KZT 850 (eight hundred and fifty tenge) per common share of JSC Kaspi.kz;2) dividend is paid for period 1Q 2024;3) commencement date of dividend payments: 22 May 2024;4) the lis