Joint Stock Co Kaspi.kz (KSPI) Q1 FY26 earnings call

Kaspi delivered strong Q1 FY26 results, driven by robust e-commerce growth and increasing consumer engagement, particularly in Turkey. The company continues to prioritize investments in value-added services and risk management, aiming for sustainable, profitable growth while navigating higher funding costs and a shift in loan portfolio mix. Management reiterated full-year guidance, signaling continued strategic investments.