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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of operating segments [abstract]  
Summary of Each Segments' Revenue and Net Income

The following tables present the summary of each segments’ revenue and net income:

 

 

2023

 

 

2024

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

SEGMENT REVENUE

 

 

1,953,068

 

 

 

2,586,381

 

 

 

4,101,961

 

Payments

 

 

478,684

 

 

 

587,097

 

 

 

658,726

 

Marketplace

 

 

448,223

 

 

 

732,943

 

 

 

1,931,472

 

Fintech

 

 

1,026,721

 

 

 

1,281,827

 

 

 

1,542,934

 

Intergroup

 

 

(560

)

 

 

(15,486

)

 

 

(31,171

)

 

 

 

 

 

 

 

 

 

 

NET INCOME

 

 

848,770

 

 

 

1,056,834

 

 

 

1,067,707

 

Payments

 

 

308,901

 

 

 

381,607

 

 

 

433,001

 

Marketplace

 

 

247,955

 

 

 

348,400

 

 

 

279,773

 

Fintech

 

 

291,914

 

 

 

326,827

 

 

 

354,933

 

Summary of Share-based Compensation Expense

The following table presents the summary of share-based compensation expense by segments:

 

 

2023

 

 

2024

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

SHARE-BASED COMPENSATION

 

 

(20,859

)

 

 

(16,963

)

 

 

(15,476

)

Payments

 

 

(7,200

)

 

 

(6,436

)

 

 

(6,087

)

Marketplace

 

 

(2,335

)

 

 

(2,432

)

 

 

(3,435

)

Fintech

 

 

(11,324

)

 

 

(8,095

)

 

 

(5,954

)

Summary of Revenue, Net Income and Non-Current Assets by Geographical Market

The following tables present the summary of revenue, net income, and non-current assets (excluding financial instruments, goodwill, deferred tax assets and other financial assets) by geographical market:

 

 

 

2023

 

 

2024

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

SEGMENT REVENUE

 

 

1,953,068

 

 

 

2,586,381

 

 

 

4,101,961

 

Kazakhstan & Other

 

 

1,953,068

 

 

 

2,586,381

 

 

 

3,070,369

 

Türkiye

 

 

 

 

 

 

 

 

1,031,592

 

NET INCOME

 

 

848,770

 

 

 

1,056,834

 

 

 

1,067,707

 

Kazakhstan & Other

 

 

848,770

 

 

 

1,056,834

 

 

 

1,160,725

 

Türkiye

 

 

 

 

 

 

 

 

(93,018

)

 

 

 

31 December

 

 

31 December

 

 

 

2024

 

 

2025

 

 

 

 

 

 

 

 

NON-CURRENT ASSETS

 

 

284,909

 

 

 

719,037

 

Kazakhstan & Other

 

 

284,909

 

 

 

371,170

 

Türkiye

 

 

 

 

 

347,867