Qiwi expects to recognize a loss of ₽22.7 billion in 2024 on the sale of its Russian business. Company has already recognized an impairment of ₽14.4 billion on the divested assets. Following the sale of the Russian assets, Qiwi intends to focus on developing its payment and financial services business in Kazakhstan, including kiosk payment acceptance, bulk p...

QIWI's IFRS net profit for 2023 was ₽1.024 billion, compared to a loss of ₽1.063 billion in the previous year. Revenue increased 71% to ₽7.205 billion against ₽4.214 billion a year earlier.

QIWI shareholders did not approve the share buyback. Company planned to buy up to 10% of American depositary shares from Nasdaq and Moscow Exchange after the completion of the sale of Russian assets. Maximum buyback price on the Moscow Exchange was to be ₽581 per paper. It was planned that the shares bought back as part of the buyback would become treasury s...

Qiwi Bank, deprived of its license and represented by the temporary administration, filed a lawsuit in the Moscow Arbitration Court demanding to invalidate the sale and purchase agreement for the shares of Qiwi JSC, as well as the pledge agreement and encumbrances in respect of these shares. Qiwi sold the Russian assets consolidated under Qiwi JSC, including...