Kaspi.kz 2Q and 1H 2024 Financial Performance Overview

Monday, 22 July 2024, 11:00

Kaspi.kz has released its unaudited consolidated IFRS financial results for the second quarter and first half of 2024, revealing impressive growth figures. Specifically, revenue surged by 36% while net income increased by 25% year-over-year. The results illustrate the company's robust performance primarily driven by its consumer and merchant Super Apps, which have gained significant market traction. Overall, Kaspi.kz's performance indicates a strong future trajectory and reinforces its position in the competitive fintech landscape.
Yahoo Finance
Kaspi.kz 2Q and 1H 2024 Financial Performance Overview

Kaspi.kz Financial Results Summary

On July 22, 2024, Kaspi.kz, publicly traded on Nasdaq under the ticker KSPI, announced its 2Q and 1H 2024 financial results showing considerable growth.

2Q 2024 Highlights

  • Revenue Increase: Revenue rose by 36% year-over-year.
  • Net Income Growth: Net income increased by 25%.
  • Product Performance: Growth driven by consumer and merchant Super Apps.

Conclusion

These results demonstrate Kaspi.kz's strong market position and growth potential within the fintech sector, indicating positive prospects for future profitability in the financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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