# Kyivstar Group Ltd. (KYIV)

**Exchange:** NASDAQ  
**Sector:** Communication Services  
**Market cap:** $2.97B  
**Price:** $13.73 (+3.23%)

> Kyivstar Group Ltd. is a holding company in the telecom services industry that manages the Kyivstar group of companies, recognized as Ukraine’s leading digital operator. It provides a comprehensive range of mobile and fixed-line voice, messaging, and data services, including 4G LTE connectivity, home internet, and digital TV, serving millions of subscribers across urban and rural areas in Ukraine. The company extends beyond traditional telecommunications with digital services such as ride-hailing via Uklon, e-health through Helsi, and enterprise solutions encompassing Big Data, cloud computing, and cybersecurity. Kyivstar Group Ltd. also partners in innovative projects like Starlink Direct to Cell for satellite messaging in coverage gaps, 5G pilot zones, and the development of a national Ukrainian large language model using Google’s Gemma. To ensure service resilience amid energy challenges, it invests in solar power generation and equips networks with batteries and generators. Founded in 1994 and headquartered in Dubai, United Arab Emirates, Kyivstar Group Ltd. plays a pivotal role in Ukraine’s digital transformation and connectivity infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.16B | $745M | $446M | $124M | $0.57 |
| 2024 | $919M | $590M | $354M | $283M | $1.23 |
| 2023 | $915M | $611M | $366M | $281M | $1.28 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.12B | $823M | $1.30B | $455M | $287M |
| 2024 | $2.21B | $1.13B | $1.08B | $429M | $225M |
| 2023 | $1.98B | $1.10B | $887M | $143M | $815M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $594M | -$241M | $225M |
| 2024 | $544M | -$162M | $182M |
| 2023 | $606M | -$96M | $270M |

Source: [CompaniesByCap](https://companiesbycap.com/company/KYIV)