# Joint Stock Company Kaspi.kz (KSPI)

> Technology · KZ · Reports in KZT

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/KSPI/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | KZT 1,025.37B | KZT 239.02B | N/A | KZT 330.81B | KZT 2,652.20B |
| 2025 | KZT 4,010.76B | KZT 1,055.40B | KZT -1,280.32B | KZT 348.12B | KZT 2,490.31B |
| 2024 | KZT 2,520.93B | KZT 1,043.58B | KZT 486.17B | KZT 221.46B | KZT 1,517.22B |
| 2023 | KZT 1,897.57B | KZT 841.35B | KZT 1,055.87B | KZT 222.16B | KZT 1,078.12B |
| 2022 | KZT 753.25B | KZT 352.39B | KZT 544.17B | KZT 224.42B | KZT 819.17B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.12 |
| Liabilities / Eq | 3.07 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 0.33 |
| Gross Debt / FCF | 3.79 |

## Other views

- [Metrics](https://sponda.capital/en/KSPI.md)
- [Charts](https://sponda.capital/en/KSPI/charts.md)
- [Compare](https://sponda.capital/en/KSPI/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.