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Kaspi.kz 6-K Report: Financial Insights & Future Risks Revealed

$KSPI
Form 6-K
Filed on: 2025-02-25
Source
Kaspi.kz 6-K Report: Financial Insights & Future Risks Revealed

Here are the key insights extracted from the provided 6-K financial report of Joint Stock Company Kaspi.kz:

  1. Filing Date and Purpose:
  • The report was filed on February 25, 2025, and serves as a report of a foreign private issuer under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
  1. Commission File Number:
  • The Commission File Number for the report is 001-41921.
  1. Company Name and Address:
  • The registrant is Joint Stock Company Kaspi.kz.
  • The principal executive office is located at 154A Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.
  1. Financial Statements:
  • The report mentions that consolidated financial statements for the fiscal year ended December 31, 2024, were published on the company's corporate website and are included as Exhibit 99.1.
  1. Forward-Looking Statements:
  • The report contains forward-looking statements regarding the company’s expectations and views on future events. These statements are identified by terms such as “believe,” “expect,” “estimate,” among others.
  • It emphasizes that actual outcomes may differ materially due to various risks and uncertainties, including customer engagement, technological infrastructure, business model execution, competition, and regulatory changes.
  1. Risk Factors:
  • The company highlights several risks that could affect performance, such as:
    • Ability to attract and retain customers.
    • Competition and market dynamics.
    • Technological advancements and infrastructure maintenance.
    • Regulatory environment in Kazakhstan.
    • Cybersecurity issues.
  1. Management's Responsibility:
  • There is a cautionary note that management cannot predict all risks, and it is unable to assess the effects of all factors on the business.
  1. Signature:
  • The report is signed by Tengiz Mosidze, the Chief Financial Officer, indicating official acknowledgment of the information presented in the filing.
  1. Exhibit Index:
  • The report includes an Exhibit Index indicating Exhibit 99.1 contains the consolidated financial statements.

This report provides a structured overview of the company's current financial status and future expectations, emphasizing the associated risks and management's accountability in reporting.