FRHC

Freedom (FRHC) reported fiscal Q3 earnings Monday of $1.25 per diluted share, down from $1.29 a year

NEW YORK, Feb. 10, 2026 /PRNewswire/ -- Freedom Holding Corp. (NASDAQ: FRHC), a diversified financial services and technology group, today announced financial results for the three and nine months ended December 31, 2025, reflecting growth in assets and shareholders' equity, strong operating cash flow generation, and continued expansion of its customer base across core business segments. The holding company's total assets at the end of the third quarter amounted to $12.38 billion, which is 25% higher than at the end of the previous fiscal year - $9.91 billion. The growth in assets was driven by the expansion of the company's own investment portfolio and an increase in client balances in brokerage accounts. Key Financial Highlights For the nine months ending 31 December 2025, operating cash flow reached $1.73 billion Total shareholders' equity rose to $1.40 billion, up from $1.21 billion at the end of the prior fiscal year. Net income for the 3Q FY2026 was $76.2 million. Diluted earnings per share (EPS) were $1.25 for the quarter and $2.38 for the nine-month period. Cash flow and liquidity During the nine-month period, net cash provided by operating activities totaled $1.73 billion. This was driven primarily by growth in customer funds held in brokerage accounts, as well as a reduction in margin-related balances. As of 31 December 2025, cash, cash equivalents, and restricted cash stood at $3.51 billion, compared to $1.64 billion at the start of the financial year. Revenue and operating performance Total revenue for the three months ending 31 December 2025 amounted to $628.6 million, driven by interest income, brokerage and commission revenues, and insurance premiums. Revenue for the nine-month period totaled $1.69 billion. This diversified revenue mix reflects continued customer activity across the brokerage, banking, and insurance segments, providing stability in the face of fluctuating market conditions. Customer Growth and Business Development Freedom Holding Corp. continued to scale its platform during the reporting period. The number of banking customers increased from 2.5 million to 4.5 million over nine months, while the brokerage customer base grew by more than 20%. Growth was supported by expanded digital offerings and continued development of the company's financial and non-financial ecosystem. The company demonstrated the effectiveness of its diver...

NEW YORK, February 09, 2026--(BUSINESS WIRE)--Freedom Holding Corp. (the "Company") (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence in 21 countries, today announced financial results for the third quarter of fiscal year 2026 ended December 31, 2025. Highlights during the three and nine months ended December 31, 2025 include the following: Customer Growth The Company continued to grow its number of customers in several key areas. Brokerage customers totaled 828,000 as of December, 31, 2025, an increase of 145,000 customers over the past nine months. Banking customers rose by two million customers, to 4.5 million customers. Customers for insurance and other segments rose by 8,000 and 92,000 customers respectively. Three months ended December 31, 2025 Financial Overview All comparisons are to the three months ended December 31, 2024, unless otherwise noted The Company reported total revenues, net, of $628.6 million for the fiscal 2026 third quarter as compared to $664.6 million, reflecting higher net gain on foreign exchange operations, net gain on derivatives, interest income, sales of goods and services and other income offset by a decline in insurance premiums earned (net of reinsurance), lower net gain on trading securities, and fee and commission income. For the three months ended December 31, 2025, we realized a net gain on foreign exchange operations of $45.8 million compared to a net gain of $3.9 million. The increase was primarily due to the gain from the revaluation of foreign currency. For the three months ended December 31, 2025, we had net gain on derivatives of $26.5 million compared to a net gain of $11.9 million. The change was primarily driven by the revaluation of derivative positions at our subsidiary, which resulted in an unrealized net gain of $8.2 million for the three months ended December 31, 2025. For the three months ended December 31, 2025, we had interest income of $228.8 million, representing an increase of $4.1 million, or 2%. The increase was primarily driven by a $24.1 million increase in interest income on loans to customers due to the increase of the loan portfolio. Additionally, interest income on held-to-maturity securities increased by $19.3 million due to the increase of the held-to-maturity portfolio. Interest income on margin loans to customers increased by $12.6 million, or...

NEW YORK CITY, NEW YORK / ACCESS Newswire / November 7, 2025 / New York, Freedom Holding Corp. (NASDAQ:FRHC), an international investment and technology company, has announced its financial results for the 1H FY26 (the six months ended September 30, 2025) During this period the company demonstrated sustainable business development, asset growth, and stable liquidity. For the six months ended September 30, 2025, total revenue reached USD 1.06 billion, slightly above the previous year's level of USD 1.04 billion. The company reported net income of USD 69.1 million and maintained a strong liquidity position. These results confirm the effectiveness of Freedom's diversified business model, which integrates financial, insurance, and technology segments. "We build for the future, we don't sit on profits. Every dollar we earn works - it is reinvested into technology, infrastructure and services that improve people's lives and make our ecosystem stronger," Timur Turlov, Chairman of the Board and Chief Executive Officer of Freedom Holding Corp. said. Key Financial Results (for the six months ended September 30, 2025) Revenue: USD 1.06 billion Net income: USD 69.1 million Earnings per share (diluted): USD 1.13 Customer Growth (as of September 30, 2025) Brokerage customers: 776,000, up from 683,000 on March 31, 2025. Banking customers: 3.6 million, up from 2.5 million Insurance customers: 1.3 million, up from 1.2 million Operational Achievements and Ecosystem Development In the 1H FY2026, the company continued implementing its digital ecosystem strategy, expanding into telecommunications, online payments, e-commerce, and media. The acquisition of Astel Group Ltd strengthened Freedom's position in Kazakhstan's telecommunications market and created synergies with Freedom Telecom and Freedom Pay projects. Expansion of Freedom Telecom continues, including Freedom Cloud infrastructure services and digital media platform build-out. Furthermore, the company recorded no asset impairments - all acquired businesses showed positive dynamics, confirming their long-term value. Timur Turlov stated: "Freedom continues to demonstrate resilience and profitability while growing its assets and developing its ecosystem. We are investing in telecom, digital, and financial technologies to build a platform that connects millions of clients. This foundation supports our long-term growth and re...

Freedom Holding (FRHC) reported fiscal Q2 earnings late Friday of $0.63 per diluted share, down from

NEW YORK, November 07, 2025--(BUSINESS WIRE)--Freedom Holding Corp. (the "Company") (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence in 21 countries, today announced financial results for the second quarter of fiscal year 2026 ended September 30, 2025. Highlights during the three and six months ended September 30, 2025 include the following: Financial Condition At September 30, 2025, cash and cash equivalents, restricted cash, and investment securities totaled $4.5 billion, total assets were $10.3 billion, and shareholders’ equity was $1.2 billion. Net cash flows from operating activities was $1.0 Billion. Total customers rose to 6.2 million, which included client growth in each of our three primary business segments S&P raised its long-term issuer credit and financial strength ratings on life insurance company Freedom Life to 'BB+' from 'BB'. The outlook is stable. Agency also raised its national scale rating to 'kzAA' from 'kzAA-'. Management Commentary "During the second quarter of fiscal 2026, we continued to make deliberate investments aimed at building the foundation for Freedom Holding Corp.’s next phase of sustainable growth," said Timur Turlov, the Company’s founder and chief executive officer. "Our results reflect a conscious decision to expand capacity across our key business lines, strengthen our digital and financial infrastructure, and prepare the Company for future scale and efficiency." "We are in an active phase of transformation - creating an integrated, technology-driven ecosystem that connects brokerage, banking, insurance, telecom and new digital services under one platform. This stage requires disciplined spending to build the operational backbone that will support higher margins and stronger earnings in the years ahead. We view these expenditures as strategic investments for the benefit of our clients." "Our customer base continues to grow rapidly across all major segments, surpassing 6.2 million clients as of September 30, 2025. Our financial position remains solid, with over $4.5 billion in cash and investments and more than $1.0 billion generated from operating activities during the first half of the fiscal year. "The dual rating upgrades of Freedom Life by S&P further validate our disciplined approach to building long-term value and financial strength within our ecosystem. At the same t...

NEW YORK, August 08, 2025--(BUSINESS WIRE)--Freedom Holding Corp. (the "Company") (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence in 22 countries, today announced financial results for the first quarter of fiscal year 2026 ended June 30, 2025. Highlights during the quarter include the following: $533.4 million in total revenue, net, versus $455 million for the quarter ended June 30, 2024, a 17% increase Net income of $30.4 million, or $0.50 per diluted share, $0.51 per basic share Total assets of $9.7 billion Total customers across segments rose to 5.3 million at June 30, 2025 Added to the Russell 3000® Index on June 27, 2025 S&P Global Ratings revised its outlook to Positive from Stable and affirms Credit Ratings for Freedom KZ, Freedom EU, Freedom Global, and Freedom Bank KZ Fiscal First Quarter 2026 Financial Highlights: The Company recognized total revenue, net of $533.4 million in the fiscal 2026 first quarter, an increase of 17% from $455 million in the comparable prior-year period. Revenue rose at the brokerage, banking, and insurance segments. Insurance premiums earned, net of reinsurance rose by 18% to $153.3 million from last year’s first quarter and the Company realized a net gain on trading securities of $45.6 million compared to a net loss of $52.1 million in last year’s fiscal first quarter. The Company had a net gain on derivatives of $15.5 million in the fiscal 2026 first quarter, an increase of 24% from $12.5 million in last year’s first quarter due to revaluation of currency swaps. The Company's total expense was approximately $492.9 million in fiscal 2026 first quarter as compared to $413.4 million in last year’s first quarter. Net income was $30.4 million for the fiscal 2026 first quarter compared to $34.4 million in the first quarter of fiscal 2025. Basic and diluted earnings per share were $0.51 and $0.50, respectively, compared to $0.58 and $0.57 per share, respectively, in last year’s first quarter. Weighted average common shares outstanding used to compute basic and diluted earnings per share for the quarter ended June 30, 2025 were 59.9 million and 61.1 million, respectively, and 59.3 million and 60.3 million, respectively, for the quarter ended June 30, 2024. Total assets were $9.7 billion on June 30, 2025, compared to $9.9 billion as of the fiscal 2025 year ended March 31, 2025. Conti...

ALMATY, Kazakhstan, June 15, 2025 /PRNewswire/ -- Freedom Holding Corp. (NASDAQ: FRHC), the diversified financial group with operations spanning 22 countries, today reported financial results for the fiscal year ended March 31, 2025, highlighting continued growth across core segments and meaningful progress on its digital ecosystem strategy. Revenue for the year increased by 23% to $2.05 billion, up from $1.67 billion the previous year. The company delivered strong operational performance.Total assets increased to $9.9 billion, and customer growth remained strong across all sectors. "Our 2025 results show that the strategy we've been building for years is paying off," said Timur Turlov, founder and CEO of Freedom Holding Corp. "We are transitioning from a collection of financial products to a unified ecosystem that touches nearly every aspect of our customers' financial lives. We're proud of the growth we've achieved, especially in our core businesses, and excited about what lies ahead." Fiscal 2025 Highlights The company delivered strong operational growth, with total revenue reaching $2.05 billion — a 23% increase on the $1.67 billion recorded the previous year. This growth was driven by increased activity in brokerage and insurance segments, as well as higher interest income from margin and customer loans, reflecting the continued expansion of the company's diverse financial ecosystem. Fee and commission income totaled $505.0 million, marking a 15% increase from $440.3 million in fiscal 2024. This growth was primarily fueled by a 29% increase in income from brokerage services, reaching $430.1 million, supported by an expanding retail customer base. Interest income increased to $864.5 million, a 4% rise on the previous year. This was driven by increased margin lending to retail clients and an expanded loan portfolio at Freedom Bank KZ. Margin loan interest increased by 21%, while interest from customer loans grew by 18%. Increased returns from available-for-sale securities also contributed to gains, though income from trading securities declined amid market volatility. Earnings per share were $1.43 (basic) and $1.40 (diluted), compared to $6.37 (basic) and $6.33 (diluted) in fiscal 2024. Net income amounted to $84.5 million. Brokerage accounts reached 683,000, marking a 29% year-on-year increase, while active accounts surged by 57% to surpass 151,000. The...

Company Continues Top Line Growth Trend with 23% Increase in Reported Revenue NEW YORK, June 13, 2025--(BUSINESS WIRE)--Freedom Holding Corp. (the "Company") (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence in 22 countries, today announced the financial results for their fiscal year 2025. Highlights include the following: $2.05 billion in revenue versus $1.67 billion for the fiscal year 2024, a 23% increase Net income of $1.40 earnings per diluted share; $1.43 per basic share $9.9 billion in total assets as of March 31, 2025 Headcount of 8,764 as of March 31, 2025 Fiscal 2025 Financial Highlights: The Company recognized revenue of approximately $2.05 billion in fiscal 2025, compared to $1.67 billion in fiscal 2024, a 23% increase. The Company's total expense was approximately $1.94 billion in fiscal 2025 as compared to $1.23 billion in fiscal 2024. Net income was approximately $84.5 million for fiscal 2025 compared to $375 million for the previous fiscal year, resulting in basic and diluted earnings per share of $1.43 and $1.40, respectively. This compares to $6.37 and $6.33 per share, respectively, last year. Weighted average common shares outstanding used to compute diluted earnings per share for the fiscal years ended March 31, 2025, and 2024 were 60.5 million and 59.4 million, respectively. Total assets were $9.9 billion on March 31, 2025, as compared to $8.3 billion as of the fiscal 2024 year-end. "An offering of increasingly diversified fintech-based services continues to attract new customers…" "Fiscal 2025 was another year of strong top-line growth for Freedom with revenue from both our brokerage and insurance businesses increasing by double-digits," said Timur Turlov, the Company's founder and chief executive officer. "This continued growth reflects the success of the investments we are making in digital infrastructure, AI, and our offering of increasingly diversified fintech-based services which continues to attract new customers." Turlov continued, "We are especially proud of the success of our Freedom SuperApp which not only provides customers access to the best products and services available from Freedom in our brokerage, banking and insurance ecosystem, but also allows them to shop, compare, save money, and earn cash back from retailers. Since its launch in April 2024, SuperApp has met with enthusi...

Freedom Holding Corp. (NASDAQ:FRHC) shareholders have seen the share price descend 13% over the month. But that doesn't change the fact that the returns over the last half decade have been spectacular. To be precise, the stock price is 849% higher than it was five years ago, a wonderful performance by any measure. Arguably, the recent fall is to be expected after such a strong rise. Of course what matters most is whether the business can improve itself sustainably, thus justifying a higher price. It really delights us to see such great share price performance for investors. After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, Freedom Holding achieved compound earnings per share (EPS) growth of 66% per year. This EPS growth is reasonably close to the 57% average annual increase in the share price. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. Indeed, it would appear the share price is reacting to the EPS. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. It's nice to see that Freedom Holding shareholders have received a total shareholder return of 88% over the last year. That's better than the annualised return of 57% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand Freedom Holding better, we need to consider many other factors. Even so, be aware that Freedom Holding is showing 2 warning signs in our investment analysis , you should know about... Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of co...