Saturday 17 October 2026
Export QIWI’s income statement to Excel — free account
QIWI PLC
QIWI Technology Software Infrastructure
5.67
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Trend | 2025e | 2026e | 2027e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | 10.42 | 11.60 | 11.61 | 12.93 | 8.62 | 7.39 | 5.01 | 5.67 | 5.67 |
Analyst estimates 2025–2027 Powerpack |
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| High | — | 17.85 | 26.55 | 20.05 | 25.25 | 21.19 | 12.18 | 8.35 | 5.67 | 5.67 | |||||
| People | |||||||||||||||
| People | Employees | — | 1,375 | 2,264 | 4,194 | 3,630 | 2,865 | 1,904 | 2,118 | 162 | 183 | ||||
| Revenue/emp, $m | — | 0.20 | 0.16 | 0.12 | 0.17 | 0.20 | 0.29 | 0.36 | 0.52 | 0.20 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | 268 | 357 | 487 | 610 | 561 | 559 | 762 | 84 | 36 | ||||
| Gross margin, % | — | 51.64 | 53.28 | 50.57 | 58.92 | 59.40 | 56.19 | 66.28 | 39.89 | 53.97 | |||||
| EBT | — | 47 | 66 | 72 | 99 | 198 | 280 | 269 | 31 | (64) | |||||
| EBT margin, % | — | 17.38 | 18.38 | 14.70 | 16.22 | 35.36 | 50.12 | 35.31 | 36.70 | (179.20) | |||||
| Net income | — | 47 | 66 | 72 | 99 | 164 | 280 | 269 | 48 | (538) | |||||
| Depreciation | — | 12 | 14 | 14 | 21 | 17 | 15 | 16 | 16 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | 4.43 | 5.88 | 7.95 | 9.87 | 9.01 | 8.96 | 12.17 | 1.34 | 0.57 | ||||
| Earnings | — | 0.67 | 0.89 | 0.84 | 1.26 | 1.92 | 3.75 | 2.98 | 0.49 | (8.59) | |||||
| Cash flow | — | 1.37 | 1.00 | 5.88 | 2.32 | 1.35 | (0.98) | 3.52 | 2.50 | (0.68) | |||||
| Capex | — | (0.17) | (0.33) | (0.29) | (0.28) | (0.07) | (0.11) | (0.11) | (0.19) | 0.00 | |||||
| Free cash flow | — | 1.20 | 0.67 | 5.59 | 2.04 | 1.28 | (1.09) | 3.41 | 2.31 | (0.68) | |||||
| Book value | — | 4.95 | 5.95 | 6.68 | 6.88 | 7.04 | 9.55 | 13.68 | 10.62 | 5.47 | |||||
| Shares, m | — | 60 | 61 | 61 | 62 | 62 | 62 | 63 | 63 | 63 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | 20.87 | 19.38 | 15.20 | 15.87 | 5.45 | 2.11 | 1.77 | 9.08 | — | ||||
| P/S | — | 2.90 | 2.92 | 1.78 | 1.96 | 1.14 | 0.89 | 0.47 | 4.23 | — | |||||
| P/B | — | 2.60 | 2.89 | 2.12 | 2.81 | 1.46 | 0.84 | 0.41 | 0.53 | — | |||||
| EV/Sales | — | 1.74 | 1.93 | 0.17 | 0.62 | (0.07) | (0.36) | (0.88) | 2.64 | — | |||||
| EV/FCF | — | 6.42 | 16.95 | 0.24 | 3.00 | (0.56) | 2.97 | (3.15) | 1.54 | — | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | 83 | 61 | 360 | 143 | 84 | (61) | 220 | 157 | (42) | ||||
| Capex | — | (10) | (20) | (18) | (17) | (4) | (7) | (7) | (12) | 0 | |||||
| Free cash flow | — | 73 | 41 | 342 | 126 | 80 | (68) | 214 | 145 | (43) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | 125 | 137 | 191 | 182 | 281 | 498 | 627 | 618 | 309 | ||||
| Total debt | — | 20 | 26 | 50 | 29 | 91 | 64 | 92 | 3 | 0 | |||||
| Net debt | — | (292) | (330) | (734) | (818) | (683) | (701) | (1,028) | (137) | (169) | |||||
| Shareholders’ equity | — | 300 | 362 | 409 | 425 | 438 | 596 | 857 | 667 | 343 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | 5.79 | 7.80 | 5.90 | 6.18 | 10.40 | 20.66 | 13.88 | 2.95 | (62.30) | ||||
| ROIC | — | 502.71 | 132.93 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.39 | (16.39) | |||||
| ROE | — | 11.08 | 16.10 | 14.79 | 17.96 | 29.05 | 45.74 | 26.72 | 5.85 | (106.68) | |||||
Negative figures in brackets.
Fiscal years to Dec 2024 · latest quarter Dec 2023
Charts ten years each
QIWI PLC vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CINT CI&T Inc. | $387.8M | 10.4× | 11.6× | +21.88% (above 0%: growing) | −28.57% (below 0%: shrinking) | −1,767.69% (below 0%: shrinking) | 31.09% | 8.45% | Compare |
| LSAK Lesaka Technologies, Inc. | $381.8M | 125× | 19.0× | +11.79% (above 0%: growing) | n/m | +167.38% (above 0%: growing) | 33.21% | 3.22% | Compare |
| RPAY Repay Holdings Corporation | $369.5M | — (loss-making) | — (loss-making) | +33.16% (above 0%: growing) | n/m | +21.11% (above 0%: growing) | 70.13% | (3.23%) | Compare |
| QIWI QIWI PLC | $355.6M | 9.1× | 3.3× | −360.74% (below 0%: shrinking) | n/m | −94.56% (below 0%: shrinking) | 51.39% | 24.46% | |
| NUAI New Era Energy & Digital, Inc. | $354.9M | — (loss-making) | — | −82.54% (below 0%: shrinking) | n/m | −399.88% (below 0%: shrinking) | 100.00% | (46,250.68%) | Compare |
| AIOT PowerFleet, Inc. | $334.2M | — (loss-making) | 53.6× | +6.41% (above 0%: growing) | n/m | +92.55% (above 0%: growing) | 55.20% | 0.24% | Compare |
| SUPX SuperX AI Technology Limited | $325.4M | — | — | — | — | −135,337.38% (below 0%: shrinking) | — | — | Compare |
| IMXI INTERNATIONAL MONEY EXPRESS, INC. | $319.6M | 16.4× | 29.3× | −18.60% (below 0%: shrinking) | −62.16% (below 0%: shrinking) | +203.48% (above 0%: growing) | 20.76% | 6.67% | Compare |
| TLS Telos Corporation | $319.1M | — (loss-making) | — (loss-making) | +32.74% (above 0%: growing) | n/m | +42.95% (above 0%: growing) | 34.96% | 0.65% | Compare |
| Median of peers | $344.5M | 16.4× | 24.2× | +11.79% | — | +32.03% | 34.96% | 0.65% |
QIWI PLC (QIWI) key facts
- QIWI PLC (QIWI) is a Software Infrastructure company in the Technology sector, traded in the US as an ADR.
- As of September 4, 2024, QIWI traded at $5.67, a market capitalization of $355.6 million.
- Return on equity was −106.7% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 for fiscal 2024.