Head-to-head · free
DeFi Development Corp. vs Joint Stock Company Kaspi.kz
CHAD vs KSPI — return on capital, cash generation, margins and balance sheet side by side.
CHAD
2 / 4
measures where CHAD leads
KSPI
2 / 4
measures where KSPI leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | CHAD · FY2025 | KSPI |
|---|---|---|
| Revenue | $11.4M | — |
| Net income | $70.7M | — |
| Revenue growth (yearly, multi-year) | 138.4% | — |
| Free cash flow | (18.0M) | — |
| Free cash flow margin | -157.8% | — |
| Net cash / (debt) | — | — |
| ROIC | — | 42.8% |
| Return on equity | -143.6% | 53.5% |
| Gross margin | 97.8% | 47.4% |
| Operating margin | -67.0% | 32.6% |
| Net debt / EBITDA | -3.44x | -0.35x |
Figures are as reported by each company; latest fiscal year shown.
Where DeFi Development Corp.'s cash went (FY2025)
- Capital spending
- $2000
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
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