Freedom Hldg Corp Nev Stock Price, News & Analysis

Freedom Holding Corp. (NASDAQ: FRHC) reported strong financial results for FY2025, with revenue increasing 23% to $2.05 billion. The company saw growth across multiple segments: fee and commission income rose 15% to $505.0 million, interest income grew 4% to $864.5 million, and brokerage services income increased 29% to $430.1 million. Brokerage accounts grew 29% to 683,000, while bank clients doubled to 2.5 million. However, earnings per share decreased to $1.43 (basic) from $6.37 in FY2024, with net income at $84.5 million. The company's insurance segment performed exceptionally well, with underwriting income up 134% to $617.6 million. Freedom Holding expanded its ecosystem beyond finance into telecommunications and media, focusing on developing its Freedom SuperApp platform that integrates various financial and lifestyle services.

Freedom Holding Corp. (NASDAQ: FRHC) reported fiscal year 2025 results with revenue reaching $2.05B, up 23% from $1.67B in FY2024. Despite top-line growth, net income decreased to $84.5M ($1.40 per diluted share) from $375M in FY2024. The company saw significant customer growth across segments: retail brokerage customers increased to 683,000, bank customers grew to 2.5M, and insurance customers reached 1.17M. The Freedom SuperApp, launched in April 2024, achieved 1M monthly active users. Total assets rose to $9.9B from $8.3B, while employee count increased to 8,764. The company expanded into telecommunications with the $22.6M acquisition of Astel Group Ltd. and will be added to the Russell 3000® Index on June 27, 2025.

Freedom Holding Corp. (NASDAQ:FRHC) has been selected for inclusion in the Russell 3000® Index, effective after market close on June 27, 2025. The index tracks the performance of the largest 3,019 U.S. companies, representing approximately 98% of the investable U.S. equity market. The inclusion follows FRHC's strong financial performance, with revenues reaching $655 million in Q3 FY2025, marking a 56.5% year-over-year increase. The company serves over 7 million clients across 22 countries through its diversified operations in brokerage, banking, insurance, and fintech services.

Freedom Holding Corp. (NASDAQ: FRHC) reported strong financial results for Q3 FY2025, with total revenue increasing 57% to $655.2 million from $418.6 million in Q3 FY2024. Total assets grew to $9.1 billion from $8.3 billion as of March 31, 2024.

Key performance highlights include a shift from a $5.1 million loss to an $89.6 million gain in trading securities, and a 125% surge in insurance underwriting income to $177.5 million. Segment-wise, brokerage revenue grew 29% to $213.3 million, banking revenue increased 47% to $206.4 million, and insurance revenue doubled to $197.8 million.

However, net income declined 19% to $78.1 million due to increased operational expenses, which rose to $556.9 million from $307.0 million. The company also acquired EliteCom for $3 million to develop its telecommunications business.

Freedom Holding Corp. (NASDAQ: FRHC) reported strong Q3 fiscal 2025 results with revenue reaching $655 million, a 56.5% increase from Q3 2024. The company achieved net income of $78 million with diluted EPS of $1.29. Key revenue streams included $225 million in interest income, $178 million in insurance underwriting income, and $143 million in fee and commission income.

Total assets grew to $9.1 billion, with customer base expanding 55% to 3.2 million. The company's banking segment grew 56% while insurance segment increased 82%. Operating expenses rose 81% to $557 million, including increased advertising and insurance claims. The Freedom SuperApp now serves 522,486 users, with Freedom Bank KZ reaching 1.4 million customers.

Freedom Holding Corp. (NASDAQ: FRHC) has received approval from Turkey's Capital Markets Board to establish a new brokerage firm, Freedom Yatirim Menkul Degerler JSC. The company plans to enter the Turkish brokerage services market in 2025, leveraging its successful European technology platform that has attracted 320,000 customers.

CEO Timur Turlov expressed confidence in gaining market share through integrated mobile applications with banking services, offering access to both domestic and international markets. The company plans to allocate 20-30% of its annual profit for Turkish expansion. For the six months ended September 30, Freedom Holding reported total revenues of $1.03 billion and net profit of $375 million.

LD Micro, a subsidiary of Freedom U.S. Markets , has announced its 15th Annual Invitational event returning to New York on April 9-10, 2025, at The Westin Grand Central. The event will feature company presentations, one-on-one meetings, keynotes, panels, and evening entertainment.

Robert Wotczak, CEO of Freedom U.S. Markets, emphasized the event's role in providing a platform for small- and micro-cap sectors, facilitating engagement between industry leaders and investors. For eighteen years, LD Micro conferences have been showcasing emerging leaders in the small- and micro-cap sectors to global investors. The company maintains the LD Micro Index, which tracks micro-cap stock activity across North America.

Freedom Holding Corp. sponsored the 2024 FIDE World Blitz Championship at Cipriani Wall Street, New York. The tournament marked FIDE's 100-year anniversary and featured top Grandmasters competing in both Open and Women's sections. Magnus Carlsen and Ian Nepomniachtchi made history by agreeing to share the Open title after a seven-game tie-break final, while Ju Wenjun claimed victory in the Women's Blitz Championship against Lei Tingjie.

The championship was accompanied by the Wall Street Gambit Conference, combining chess with business innovation. FIDE President Arkady Dvorkovich praised the event's success in promoting chess globally. Freedom Holding Corp. CEO Timur Turlov emphasized the parallels between chess and business, highlighting shared values of strategy, trust, and resilience.

Freedom Holding Corp. (NASDAQ: FRHC) is sponsoring the 2024 FIDE World Rapid & Blitz Chess Championship in New York City from December 26-31. The tournament will feature approximately 300 elite chess players competing for a prize fund of nearly $1.5 million. The event includes 180 players in the open competition and 109 in the Women's tournament.

World's top-rated player Magnus Carlsen will defend his titles in both formats. The tournament introduces a new knockout stage and will feature prominent players including U.S. champion Fabiano Caruana and Women's World Champion Ju Wenjun. A special event, The Wall Street Gambit, will be held on December 29, bringing together chess legends and financial leaders.