Almaty, Kazakhstan, June 14th, 2025, FinanceWire
Freedom Holding Corp. (NASDAQ: FRHC), the diversified monetary group with operations spanning 22 nations, in the present day reported monetary outcomes for the fiscal yr ended March 31, 2025, highlighting continued progress throughout core segments and significant progress on its digital ecosystem technique.
Income for the yr elevated by 23% to $2.05 billion, up from $1.67 billion the earlier yr. The corporate delivered robust operational efficiency.Whole property elevated to $9.9 billion, and buyer progress remained robust throughout all sectors.
“Our 2025 outcomes present that the technique we’ve been constructing for years is paying off,” stated Timur Turlov, founder and CEO of Freedom Holding Corp. “We’re transitioning from a set of monetary merchandise to a unified ecosystem that touches practically each side of our clients’ monetary lives. We’re happy with the expansion we’ve achieved, particularly in our core companies, and enthusiastic about what lies forward.”
Fiscal 2025 Highlights
- The corporate delivered robust operational progress, with whole income reaching $2.05 billion — a 23% improve on the $1.67 billion recorded the earlier yr. This progress was pushed by elevated exercise in brokerage and insurance coverage segments, in addition to greater curiosity revenue from margin and buyer loans, reflecting the continued growth of the corporate’s numerous monetary ecosystem.
- Charge and fee revenue totaled $505.0 million, marking a 15% improve from $440.3 million in fiscal 2024. This progress was primarily fueled by a 29% improve in revenue from brokerage providers, reaching $430.1 million, supported by an increasing retail buyer base.
- Curiosity revenue elevated to $864.5 million, a 4% rise on the earlier yr. This was pushed by elevated margin lending to retail purchasers and an expanded mortgage portfolio at Freedom Financial institution KZ. Margin mortgage curiosity elevated by 21%, whereas curiosity from buyer loans grew by 18%. Elevated returns from available-for-sale securities additionally contributed to good points, although revenue from buying and selling securities declined amid market volatility.
- Earnings per share have been $1.43 (fundamental) and $1.40 (diluted), in comparison with $6.37 (fundamental) and $6.33 (diluted) in fiscal 2024. Web revenue amounted to $84.5 million.
- Brokerage accounts reached 683,000, marking a 29% year-on-year improve, whereas lively accounts surged by 57% to surpass 151,000. The variety of financial institution purchasers greater than doubled to 2.5 million, and the variety of insurance coverage clients reached 1.17 million, reflecting the rising demand for built-in monetary providers.
The insurance coverage phase was one of many yr’s high performers, with underwriting revenue up 134% to $617.6 million amid strong demand for pension and accident insurance coverage merchandise. The brokerage division generated $717.3 million in income, with charge and fee revenue, in addition to curiosity revenue, remaining robust. The corporate’s banking phase posted $506.1 million in income, whereas the “Different” phase — which incorporates life-style, telecom, and cost providers — noticed income improve 72% to $144 million, buoyed by contributions from e-commerce platform Arbuz, ticketing service Aviata, and newly acquired SilkNetCom LLP.
Freedom Holding took additional daring steps to diversify its operations past finance. In 2024, it expanded its telecommunications enterprise below the identify Freedom Telecom and launched new media tasks. These ventures kind a part of a broader plan to develop a complete digital ecosystem centered on the corporate’s flagship Freedom SuperApp, which integrates investing, banking, funds, and life-style providers on a single platform.
“This yr is a interval of large-scale investments within the growth of the holding’s ecosystem for us. We’re reinvesting a good portion of the revenue from our key enterprise areas into strengthening and rising the group’s corporations. This technique is already yielding outcomes: our market place is strengthening, and our presence is increasing. On the identical time, we proceed to put money into enterprise growth in new areas — each the place licenses have already been obtained and the place they’re nonetheless within the means of being acquired,” famous Timur Turlov.
The holding continued to supply sponsorship help to numerous initiatives: the Kazakhstan Chess and Tennis Federations, the Aggressive Programming Federation, the Junior Soccer League of Kazakhstan, and different organizations.
The corporate’s focus stays on scaling its expertise, increasing geographically, and deepening buyer expertise by means of synthetic intelligence and product personalization.
“We consider linked ecosystems will outline the subsequent period of finance,” stated Turlov. “By combining conventional monetary stability with tech-enabled innovation, we’re constructing one thing that goes far past banking or brokerage. We’re constructing infrastructure for a way folks stay, spend, save, and develop.”
About Freedom Holding Corp.
Freedom Holding Corp. gives monetary providers in 22 nations, together with Kazakhstan, the USA, 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 way of life phase that options Arbuz.kz, Freedom Ticketon, and Aviata.
Freedom Holding Corp. shares are traded on the U.S. expertise trade NASDAQ, the Kazakhstan Inventory Alternate (KASE), and the Astana Worldwide Alternate (AIX) below the ticker image FRHC. The Firm has a market capitalization exceeding $8 billion as of March 31, 2025. Freedom Holding Corp. is regulated by the U.S. Securities and Alternate Fee (SEC).
Contact
Public Relations
Natalia Kharlashina
Freedom Holding Corp.
[email protected]
