The company's net income surged, but only due to a one-time sale adjusted net income fell 17.4% year over year from 3.275 billion Rubles to 2.705 billion Rubles. For the third quarter, QIWI's net revenue declined from 6.6 billion Rubles a year ago to 6.4 billion this year. Declining Revenue and Userbaseįor a while now, the story has been that QIWI is hemorrhaging users and revenue. With the regulatory environment set to shift on payment processors and cryptocurrencies in Russia, now is a good time to see if there might be any value left in this underfollowed company. However, the company also pays a remarkably high 14% dividend. QIWI's Largest Shareholder Launches Offer to Purchase Class B Shares for up to $25 Millionĭalliance Services Company made an offer to acquire 17.79% of stake in QIWI plc for $25 million.QIWI Plc ( NASDAQ: QIWI) is a Russian payment processor that has been on the downhill for years, losing revenue, user, and seeing its share price crumble. QIWI's Controlling Shareholder Revises $25 Million Tender Offerĭalliance Services Company cancelled the acquisition of 17.79% of stake in QIWI plc. QIWI plc acquired IntellectMoney from Synergy Innovations. QIWI plc Announces Executive Appointments QIWI plc Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022 QIWI plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022 QIWI Top Shareholder Offers to Buy 5 Million Company Sharesĭalliance Services Company made an offer to acquire a 9.607994% stake in QIWI plc for $10 million. QIWI plc agreed to acquire a 78% stake in "IA RealWeb" LLC. QIWI plc completed the acquisition of 79% stake in "IA RealWeb" LLC. QIWI plc Announces Resignation of Tatiana Zharkova from the Board of Directors, Effective from 3 March, 2023Īn unknown buyer acquired a 34.2% stake in QIWI plc from Otkritie Holding JSC. QIWI plc Announces Board and Committee Changes Nasdaq tells Yandex, other Russian firms of plan to delist stocks QIWI plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2022 QIWI plc Reports Earnings Results for the Full Year Ended December 31, 2022 Investor plc Reports Earnings Results for the First Quarter Ended March 31, 2023 QIWI's American depositary shares are listed on the NASDAQ and Moscow Exchange (ticker: QIWI).įor more information, visit. We offer a wide range of products under several directions: QIWI payment and financial services ecosystem for merchants and B2C clients across digital use-cases, ROWI digital structured financial products for SME, and several other projects.įor the FY 2022 QIWI had revenue of RUB 51.5 billion and an Adjusted EBITDA of RUB 19.8 billion. Our mission is to connect our clients providing unique financial and technological solutions to make the impossible accessible and simple. We stand at the forefront of fintech innovations to facilitate and secure the digitalization of payments. QIWI is a leading provider of cutting-edge payment and financial services in Russia and the CIS. There are no differences in disclosed set of consolidated financial statements other than for standards of performed audit procedures. As prescribed, audit procedures were conducted in accordance with the International Standards on Auditing (ISA).Įarlier on March 31, 2023, the Company also published its financial results and annual report onįorm 20-F for the year ended December 31, 2022, including consolidated financial statements audited by JSC "Kept" (previously known as JSC "KPMG") in accordance with the standards of the PCAOB. in conformity with International Financial Reporting Standards as adopted by the European Union (''IFRS-EU'') and the requirements of the Cyprus Companies Law, Cap. NICOSIA, CYPRUS - ApQIWI plc (NASDAQ and MOEX: QIWI) ("QIWI" or the "Company"), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today disclosed the consolidated financial statements for the year ended December 31, 2022, audited by KPMG Ltd. QIWI Issued 2022 Consolidated Financial Statements in Accordance with ISA
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