Provides consumer finance and merchant loans through its Fintech Platform.
Dec 2025Revenue KZT 4.05T/yrExpenses KZT 2.71T/yr
Expected to fall below break-even Apr 2027
Figures by year
Is Joint Stock Co Kaspi.kz still profitable?
Yes. In the 12 months to Dec 2025, revenue was KZT 4.05T and expenses KZT 2.71T. Its expenses are growing faster than its revenue, and the trends are projected to cross in Apr 2027.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | KZT 4.05T | KZT 2.71T | KZT 1.33T |
| Dec 2024 | KZT 2.53T | KZT 1.25T | KZT 1.28T |
| Dec 2023 | KZT 1.91T | KZT 891B | KZT 1.02T |
| Dec 2022 | KZT 1.27T | KZT 550B | KZT 721B |
| Dec 2021 | KZT 885B | KZT 356B | KZT 529B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.