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 Mark ...

I believe e-commerce stocks will continue their resurgence in the second half of 2024. The likely catalyst for this move will be interest rate cuts tied to falling inflation. If borrowers have just a little more wiggle room, it’s reasonable to expect that online shoppers will come back will full force and start buying in increasing volumes.However, buying the right e-commerce stocks is easier said than done. Companies in this sector have been on a rollercoaster ride in the post-pandemic world, especially if ...

FreshSplash/E+ via Getty ImagesSince my last article a few months ago on Kaspi.kz (OTC:KSPI), the stock has performed strongly with a 31.6% total return in a few months. Has there been some radical change at the business that caused this outsized return? No, not really. The business is just continuing to execute. Having only been listed on the NASDAQ a few months, more investors continue to wake up to the growth story, and I believe the returns will continue in the near future. Kaspi in 2024 You don't n ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

Exhibit 99.1 | --- | --- | |-----------------------------------------------------------------------------------------|-----------------| | | | | JOINT STOCK | COMPANY | | KASPI.KZ | | | Consolidated Financial For the years ended 31 December 2021, 2022 and | Statements 2023 | Joint Stock Company Kaspi.kz Table of Contents Page CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2021, 2022 AND 2023: | --- | --- | |----------------------------------------------------------|--------| | | | | | | | ...