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KSPI 2025-12-31 FY — report review

Status: PARTIAL — incomplete — unset metrics listed below; Currency: KZT; Amounts unit: —; Forms:

Report published: Not stored for this period — set financial_report_date on the row (EDGAR filingDate, KASE change_date, or manual_catalog).

Full financial report: Link

PDF (local): /home/ubuntu/projects/frontier/data/raw_pdfs/KASPI/2025-12-31_FY_fy-2025-financial-statements-download.pdf

To recalculate statement detection and previews from the PDF, use this link The default link runs in the background: a status panel shows phase, elapsed time, rough ETA, CUDA vs CPU, and OOM hints, then loads the finished report. Heavy mode with refresh does this automatically so reverse proxies do not return 502. Add &sync=1 only for one long blocking request (not recommended). You can use ?refresh=1, ?recalc=1, ?nocache=1, or ?recompute=1 on the URL. (block in the browser until done: synchronous refresh)

Metric mapping (value → extracted evidence)

Metric values use dashboard units where applicable; evidence is the stored snippet from the PDF text layer or OCR used during extraction.

MetricValueEvidence / page extract
Revenue4 046 074
Operating profit
D&A0D&A line not found in P&L/Camelot extract (legacy default 0)
EBITDA
Net profit1 067 707
Cash
Debt short0Row: not found · dashboard=0.000 mln · pages 5 — [BS page 5] not found
Debt long0Row: not found · dashboard=0.000 mln · pages 5 — [BS page 5] not found
Net debt0Components: short debt 0 + long debt 0 + other financial liab. 0 + NCI 0 − cash 0 = net debt 0.Row: debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components) · dashboard=0.000 mln — debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components)
Operating CF
Investing CF
Assets11 081 748
Equity2 601 577

Consistency checks · All checks passed

Balance sheet identity (A = L + E)Implied total liabilities (TA − TE) = 8,480,171; known debt components fit within that envelope.
Net debt formulanet_debt 0 matches |debt_short|+|debt_long|+|other|+|NCI|−|cash| = 0.

Statement pages (discovery)

FormPages
P&L3, 4, 5
BS3, 4, 5
CF3, 4, 5

Statement previews & reconstructed tables

Highlights Yellow row = matched stored evidence label; orange cell = exact number used for that metric (hover row for details). Revenue Operating profit D&A EBITDA Net profit cash debt_short debt_long Assets Equity Operating CF Investing CF

Green / amber / red bars on the label column mark subtotal rows where summed detail lines match the reported total (heuristic). The table under each reconstructed grid lists every check (Σ detail vs reported, status).

P&L

Extracted metrics for this form (this period row)

MetricValue
Revenue4 046 074
Operating profit
EBITDA
Net profit1 067 707
D&A0

Tables and checks run on 2 of 3 PDF pages for this form (timeout budget). Raise REPORT_REVIEW_HEAVY_RECON_PAGES for more.

P&L — PDF page 3
PDF page scan — P&L — 3
P&L PDF page 3

No Camelot table — OCR (v8) below.

v8 OCR page 3: empty rows.

P&L — PDF page 4
PDF page scan — P&L — 4
P&L PDF page 4

Camelot table (pages 4, primary page 4).

#Joined labelLine item
0O pinionO pinion
1W e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and itsW e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and its
2subsidiaries (the “Group”), which comprise the consolidated statement of financial position assubsidiaries (the “Group”), which comprise the consolidated statement of financial position as
3at 31 December 2025, and the consolidated statement of profit or loss, other comprehensiveat 31 December 2025, and the consolidated statement of profit or loss, other comprehensive
4income, consolidated statement of changes in equity and consolidated statement of cash flowsincome, consolidated statement of changes in equity and consolidated statement of cash flows
5for the year then ended, and notes to the consolidated financial statements, including materialfor the year then ended, and notes to the consolidated financial statements, including material
6accounting policy information.accounting policy information.
7I n our opinion, the accompanying consolidated financial statements present fairly, in allI n our opinion, the accompanying consolidated financial statements present fairly, in all
8material respects, the consolidated financial position of the Group as at 31 December 2025, andmaterial respects, the consolidated financial position of the Group as at 31 December 2025, and
9its consolidated financial performance and its consolidated cash flows for the year then endedits consolidated financial performance and its consolidated cash flows for the year then ended
10in accordance with IFRS Accounting Standards as issued by the International Accountingin accordance with IFRS Accounting Standards as issued by the International Accounting
11Standards Board (“IASB”).Standards Board (“IASB”).

No subtotal/total rows matched the built-in patterns on this table (or fewer than two detail lines above each candidate).

BS

Extracted metrics for this form (this period row)

MetricValue
Cash
Debt Short0
Debt Long0
Assets11 081 748
Equity2 601 577
Net debt0

Tables and checks run on 2 of 3 PDF pages for this form (timeout budget). Raise REPORT_REVIEW_HEAVY_RECON_PAGES for more.

BS — PDF page 3
PDF page scan — BS — 3
BS PDF page 3

No Camelot table — OCR (v8) below.

v8 OCR page 3: empty rows.

BS — PDF page 4
PDF page scan — BS — 4
BS PDF page 4

Camelot table (pages 4, primary page 4).

#Joined labelLine item
0O pinionO pinion
1W e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and itsW e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and its
2subsidiaries (the “Group”), which comprise the consolidated statement of financial position assubsidiaries (the “Group”), which comprise the consolidated statement of financial position as
3at 31 December 2025, and the consolidated statement of profit or loss, other comprehensiveat 31 December 2025, and the consolidated statement of profit or loss, other comprehensive
4income, consolidated statement of changes in equity and consolidated statement of cash flowsincome, consolidated statement of changes in equity and consolidated statement of cash flows
5for the year then ended, and notes to the consolidated financial statements, including materialfor the year then ended, and notes to the consolidated financial statements, including material
6accounting policy information.accounting policy information.
7I n our opinion, the accompanying consolidated financial statements present fairly, in allI n our opinion, the accompanying consolidated financial statements present fairly, in all
8material respects, the consolidated financial position of the Group as at 31 December 2025, andmaterial respects, the consolidated financial position of the Group as at 31 December 2025, and
9its consolidated financial performance and its consolidated cash flows for the year then endedits consolidated financial performance and its consolidated cash flows for the year then ended
10in accordance with IFRS Accounting Standards as issued by the International Accountingin accordance with IFRS Accounting Standards as issued by the International Accounting
11Standards Board (“IASB”).Standards Board (“IASB”).

No subtotal/total rows matched the built-in patterns on this table (or fewer than two detail lines above each candidate).

CF

Extracted metrics for this form (this period row)

MetricValue
Operating CF
Investing CF

Tables and checks run on 2 of 3 PDF pages for this form (timeout budget). Raise REPORT_REVIEW_HEAVY_RECON_PAGES for more.

CF — PDF page 3
PDF page scan — CF — 3
CF PDF page 3

No Camelot table — OCR (v8) below.

v8 OCR page 3: empty rows.

CF — PDF page 4
PDF page scan — CF — 4
CF PDF page 4

Camelot table (pages 4, primary page 4).

#Joined labelLine item
0O pinionO pinion
1W e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and itsW e have audited the consolidated financial statements of Joint Stock Company Kaspi.kz and its
2subsidiaries (the “Group”), which comprise the consolidated statement of financial position assubsidiaries (the “Group”), which comprise the consolidated statement of financial position as
3at 31 December 2025, and the consolidated statement of profit or loss, other comprehensiveat 31 December 2025, and the consolidated statement of profit or loss, other comprehensive
4income, consolidated statement of changes in equity and consolidated statement of cash flowsincome, consolidated statement of changes in equity and consolidated statement of cash flows
5for the year then ended, and notes to the consolidated financial statements, including materialfor the year then ended, and notes to the consolidated financial statements, including material
6accounting policy information.accounting policy information.
7I n our opinion, the accompanying consolidated financial statements present fairly, in allI n our opinion, the accompanying consolidated financial statements present fairly, in all
8material respects, the consolidated financial position of the Group as at 31 December 2025, andmaterial respects, the consolidated financial position of the Group as at 31 December 2025, and
9its consolidated financial performance and its consolidated cash flows for the year then endedits consolidated financial performance and its consolidated cash flows for the year then ended
10in accordance with IFRS Accounting Standards as issued by the International Accountingin accordance with IFRS Accounting Standards as issued by the International Accounting
11Standards Board (“IASB”).Standards Board (“IASB”).

No subtotal/total rows matched the built-in patterns on this table (or fewer than two detail lines above each candidate).

Formulas used