Kaspi.kz (KSPI) 2025 Core Revenue Grows 19% Amid 18% Underlying Net Income Gain

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of the cheap new stocks to buy now. On March 2, Kaspi.kz reported full-year 2025 core revenue growth of 19%, totaling KZT 3.1 trillion ($6.2 billion) and consolidated net income growth of 10%, reaching KZT 1.1 trillion ($2.1 billion). This performance landed at the lower end of management’s guidance due to persistent external headwinds, like a 24% decline in smartphone sales, high interest rates, and regulatory tax changes. However, the company’s CEO high ...