New York, United States, August ninth, 2025, FinanceWire
Freedom Holding Corp. (Nasdaq: FRHC), a diversified monetary companies and know-how group, at this time introduced its unaudited monetary outcomes for the primary quarter of fiscal yr 2026, ended June 30, 2025. FRHC reported a 17% year-over-year enhance in income, reaching $533.4 million, highlighting the power and enlargement of its multi-segment enterprise mannequin throughout rising and developed markets.
“Our Q1 outcomes mirror sturdy momentum throughout our core verticals and make sure the resilience of our diversified ecosystem,” stated Timur Turlov, Chief Govt Officer of Freedom Holding Corp. “We’re persevering with to spend money on know-how, broaden our choices, and deepen our presence in key markets, notably in Central Asia and Europe.”
Q1 FY2026 key monetary highlights:
- Complete income: $533.4 million (+17% YoY)
- Web revenue attributable to widespread shareholders: $30.4 million, or $0.50 per diluted share
- Working money circulation: $480.8 million
- Complete property: $9.69 billion
- Shareholders’ fairness: $1.23 billion
The corporate reported a 60% enhance in banking phase income to $146.2 million, with Freedom Financial institution Kazakhstan’s buyer base increasing from 2.5 million to 2.9 million. The insurance coverage phase was one other sturdy contributor to income progress, with income surging by 18% to $174 million and insurance coverage premiums earned, web of reinsurance reaching $153.3 million. The insurance coverage shopper base grew to 1.4 million folks.
Income from brokerage phase amounted to $176.3 million, marking a 1% year-on-year enhance. The variety of brokerage accounts elevated from 683,000 to 725,000, pushed by natural progress.
The enterprise items (together with way of life and telecoms companies) contributed $36.9 million in income, reflecting the continued progress of Arbuz.kz, Freedom Ticketon, Aviata, and Freedom Telecom.
Web achieve on buying and selling securities additionally had a optimistic influence on monetary outcomes, amounting to $45.6 million over the three-month interval ended June 30, 2025, in comparison with a web lack of $52.1 million for a similar interval in 2024. Nearly all of the revenue was associated to the rise out there worth of Kazakhstan authorities bonds included within the group’s proprietary portfolio.
Price dynamics and strategic investments
Throughout the quarter, Freedom Holding accomplished the acquisition of Astel Group Ltd, thereby strengthening its telecoms infrastructure underneath the Freedom Telecom model.
Complete firm bills for the quarter amounted to $492.9 million, reflecting the dimensions of ongoing enterprise operations. Key elements included $113.4 million in curiosity expense, $84.9 million in price and fee bills, $93.1 million in payroll and bonuses, and $24.5 million in promoting and sponsorship bills directed towards high-impact social investments. These expenditures are considered as strategic contributions supporting the Firm’s continued enlargement and long-term progress.
Regardless of increased prices and international change headwinds, the group maintained a web revenue of $30.4 million, with diluted earnings per share (EPS) of $0.50.
Steadiness Sheet Highlights
- Money and money equivalents: $567.9 million
- Restricted money: $1.1 billion (primarily for shopper accounts)
- Funding securities portfolio: $2.8 billion
- Mortgage portfolio: $1.75 billion, together with $231.7 million to associated events
About Freedom Holding Corp.
Freedom Holding Corp. offers monetary companies in 22 nations, together with Kazakhstan, the US, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Firm’s principal govt workplace is situated in New York Metropolis. In Kazakhstan, Freedom is actively creating its monetary and digital ecosystem, which incorporates Freedom Financial institution, Freedom Dealer, the insurance coverage corporations Freedom Life and Freedom insurance coverage, in addition to a life-style phase that options Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. know-how change NASDAQ, the Kazakhstan Inventory Trade (KASE), and the Astana Worldwide Trade (AIX) underneath the ticker image FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Trade Fee (SEC) and is included on the Russell 3000 Index.
Contact
Public relations
Natalia Kharlashina
Freedom Holding Corp.
[email protected]
