/KASE, April 11, 2025/ – MFO "Mogo Kazakhstan" LLP (KASE ticker – MFMO)
reported the following:
quote
April 8, 2025
One of the most dynamically developing players in the microfinance market of
Kazakhstan, Jet Finance (legal entity: MFO "Mogo Kazakhstan" LLP), summed up
the results of 2024. The company recorded impressive growth in all key
indicators, demonstrating confident scaling of the business: assets more than
tripled, net profit exceeded 650 mln tenge, and the loan portfolio increased 3
times. In the context of growing demand for alternative financial services, Jet
Finance strengthens its position as a technological and customer-oriented market
leader.
According to published data, the company demonstrated confident growth in all
key indicators:
- Total assets increased more than threefold – from 6.5 bn tenge to 23.1 bn
tenge;
- Equity capital increased from 1.36 bn tenge to 4.76 bn tenge;
- Net profit amounted to 650.5 mln tenge, exceeding the 2023 figure by more
than two times (266.6 mln tenge);
- The ROE indicator was 21.3 %.
unquote
The full version of the press release in Kazakh and Russian is available at
https://kase.kz/files/emitters/MFMO/mfmo_relizs_080425_1.pdf
[2025-04-11]