Kaspi.kz will announce its Q4 and FY 2024 financial results on February 24, 2025, followed by a conference call.
Quiver AI Summary
Kaspi.kz will release its financial results for the fourth quarter and full year ending December 31, 2024, on February 24, 2025. Following the report, the management team will host a conference call and webcast at 8:00 AM EST to discuss the results in detail. Kaspi.kz operates a popular two-sided Super App model that includes the Kaspi.kz Super App for consumers and the Kaspi Pay Super App for merchants, serving 14 million monthly active users and 581,000 merchant partners in Kazakhstan as of 2023. The company focuses on improving lives through innovative mobile services and offers Payment, Marketplace, and Fintech platforms tailored to user needs, contributing to its strong growth and profitability. Kaspi.kz has been listed on NASDAQ since 2024 and is recognized in academic studies by Harvard Business School.
Potential Positives
- Kaspi.kz is set to report its financial results for the year ended December 31, 2024, indicating transparency and engagement with investors.
- The upcoming conference call on financial results demonstrates the company's commitment to communicating effectively with stakeholders.
- Kaspi.kz Super App is recognized as Kazakhstan's most popular mobile app with 14 million MAU in 2023, highlighting strong user engagement and market leadership.
- The company has been featured in Harvard Business School case studies, underscoring its innovative business model and relevance in academic discussions.
Potential Negatives
- The press release does not provide any current financial performance metrics or projections, which may indicate a lack of confidence in the company's performance for the reported period.
- There is no mention of any new developments or innovations planned for 2025, suggesting potential stagnation in product offerings or market engagement.
- The scheduled date for financial reporting is almost a month into the new year, which can create uncertainty among investors about recent performance and strategies moving forward.
FAQ
When will Kaspi.kz report its 2024 financial results?
Kaspi.kz will report its financial results on Monday, February 24, 2025.
What time is the Kaspi.kz conference call?
The conference call will take place at 8:00 AM EST on February 24, 2025.
How can I access the financial results conference call?
You can pre-register for the call via this link: https://www.netroadshow.com/events/login?show=ba8cfc64&confId=77130.
What is Kaspi.kz known for?
Kaspi.kz is known for its popular Super Apps that facilitate payments, marketplace services, and fintech solutions in Kazakhstan.
How many users does the Kaspi.kz Super App have?
The Kaspi.kz Super App had 14 million monthly active users in 2023, with 9.1 million accessing it daily.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KSPI Hedge Fund Activity
We have seen 88 institutional investors add shares of $KSPI stock to their portfolio, and 74 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO added 1,305,625 shares (+39.0%) to their portfolio in Q3 2024, for an estimated $138,383,193
- GREENVALE CAPITAL LLP added 1,100,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $116,589,000
- FMR LLC removed 522,216 shares (-26.7%) from their portfolio in Q3 2024, for an estimated $55,349,673
- CAPITAL WORLD INVESTORS removed 418,064 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $44,310,603
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 386,199 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $40,933,232
- GOLDMAN SACHS GROUP INC removed 347,085 shares (-81.5%) from their portfolio in Q3 2024, for an estimated $36,787,539
- FIL LTD added 317,047 shares (+8.0%) to their portfolio in Q3 2024, for an estimated $33,603,811
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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, 24 th 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.
4 th Quarter & FY 2024 Financial Results Conference Call
Monday, 24 th 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 developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants.
The Kaspi.kz Super App is Kazakhstan’s most popular mobile app, with 14 million MAU in 2023, 9.1 million of whom access our services daily. The Kaspi Pay Super App is the digital partner of choice for businesses and entrepreneurs in Kazakhstan, with 581K merchant partners in 2023.
Through these Super Apps consumers and merchants can access our leading Payments, Marketplace, and Fintech Platforms. All our services are designed to be highly relevant to users’ everyday needs and enable consumers and merchants to connect and transact, using our proprietary payments network.
The combination of a large, highly engaged consumer and merchant base, best-in-class, highly relevant digital products and a capex lite approach, results in strong top-line growth, a profitable business model and enables us to continue innovating, delighting our users and fulfilling our mission.
Harvard Business School has written two case studies on Kaspi.kz which it continues to teach to its Masters students.
Kaspi.kz has been listed on NASDAQ since 2024.
For further information [email protected] +44 7427 751 275