8-K Announcements
6Jun 12, 2026·SEC
Apr 9, 2026·SEC
Oct 1, 2025·SEC
Freedom Holding Corp. (FRHC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Freedom Holding Corp. (FRHC) stock price & volume — 10-year historical chart
Freedom Holding Corp. (FRHC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Freedom Holding Corp. (FRHC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 1, 2026 | $0.13vs $0.87-85.1% | $467Mvs $124M+276.0% |
| Q1 2026 | Feb 9, 2026 | $1.25vs $0.87+43.7% | $616Mvs $124M+395.9% |
| Q4 2025 | Nov 7, 2025 | $0.63 | $531M |
| Q3 2025 | Aug 8, 2025 | $0.50 | $525M |
Freedom Holding Corp. (FRHC) competitors in Brokerage, Trading and Market Making — business model, growth, and fundamentals comparison
Freedom Holding Corp. (FRHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Freedom Holding Corp. (FRHC) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | -14.73M | -14.65M | -10.2M | -22.44M | -76.95M | -208.95M | -501.11M | -535.89M | -489.04M |
NII Growth % | -287.05% | 0.58% | 30.37% | -120.04% | -242.84% | -171.55% | -139.83% | -6.94% | 8.74% |
Net Interest Margin % | -4.46% | -4.17% | -2.25% | -1.07% | -2.38% | -4.11% | -6.04% | -5.41% | -3.72% |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 14.73M | 14.65M | 10.2M | 22.44M | 76.95M | 208.95M | 501.11M | 535.89M | 489.04M |
Loan Loss Provision | -12.45M | -8.41M | 9.21M | 123.93M | 109.7M | 15.86M | -8.64M | 427.73M | 120.83M |
Non-Interest Income | 57.76M | 74.28M | 83.39M | 346.88M | 689.79M | 795.69M | 1.66B | 2.03B | 2.19B |
Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Total Revenue | 57.76M▲ 0% | 74.28M▲ 28.6% | 83.39M▲ 12.3% | 346.88M▲ 316.0% | 689.79M▲ 98.9% | 795.69M▲ 15.4% | 1.66B▲ 108.2% | 2.03B▲ 22.7% | 2.19B▲ 7.8% |
Revenue Growth % | 198.38% | 28.62% | 12.26% | 315.96% | 98.85% | 15.35% | 108.2% | 22.74% | 7.76% |
Non-Interest Expense | 22.12M | 44.63M | 25.68M | 22.63M | 58.49M | 129.45M | 237.4M | 438.06M | 866.42M |
Efficiency Ratio | 38.3% | 60.08% | 30.79% | 6.52% | 8.48% | 16.27% | 14.33% | 21.54% | 39.54% |
Operating Income | 33.35M▲ 0% | 23.41M▼ 29.8% | 38.3M▲ 63.6% | 177.87M▲ 364.4% | 444.65M▲ 150.0% | 441.44M▼ 0.7% | 926.79M▲ 109.9% | 631.77M▼ 31.8% | 715M▲ 13.2% |
Operating Margin % | 57.73% | 31.52% | 45.93% | 51.28% | 64.46% | 55.48% | 55.94% | 31.07% | 32.63% |
Operating Income Growth % | 5829.81% | -29.78% | 63.57% | 364.42% | 149.98% | -0.72% | 109.95% | -31.83% | 13.17% |
Pretax Income | 18.61M▲ 0% | 8.52M▼ 54.3% | 29.09M▲ 241.6% | 151.81M▲ 421.8% | 363.69M▲ 139.6% | 235.94M▼ 35.1% | 435.37M▲ 84.5% | 112.95M▼ 74.1% | 225.97M▲ 100.1% |
Pretax Margin % | 32.23% | 11.46% | 34.88% | 43.76% | 52.73% | 29.65% | 26.28% | 5.55% | 10.31% |
Income Tax | 418K | 1.37M | 4.93M | 23.31M | 38.57M | 42.78M | 60.42M | 28.43M | 72.64M |
Effective Tax Rate % | 2.25% | 16.07% | 16.96% | 15.35% | 10.61% | 18.13% | 13.88% | 25.17% | 32.15% |
Net Income | 18.2M▲ 0% | 7.15M▼ 60.7% | 24.84M▲ 247.5% | 149.65M▲ 502.5% | 227.49M▲ 52.0% | 205.14M▼ 9.8% | 375.54M▲ 83.1% | 84.65M▼ 77.5% | 153.33M▲ 81.1% |
Net Margin % | 31.51% | 9.62% | 29.78% | 43.14% | 32.98% | 25.78% | 22.67% | 4.16% | 7% |
Net Income Growth % | 189.44% | -60.72% | 247.52% | 502.53% | 52.02% | -9.83% | 83.07% | -77.46% | 81.13% |
Net Income (Continuing) | 18.2M | 7.15M | 24.16M | 128.5M | 325.12M | 193.16M | 374.95M | 84.52M | 153.33M |
EPS (Diluted) | 0.54▲ 0% | 0.12▼ 77.8% | 0.43▲ 258.3% | 2.56▲ 495.3% | 3.84▲ 50.0% | 3.45▼ 10.2% | 6.33▲ 83.5% | 1.40▼ 77.9% | 2.51▲ 79.3% |
EPS Growth % | -3.57% | -77.78% | 258.33% | 495.35% | 50% | -10.16% | 83.48% | -77.88% | 79.29% |
EPS (Basic) | 0.55 | 0.12 | 0.43 | 2.56 | 3.84 | 3.50 | 6.37 | 1.43 | 2.56 |
Diluted Shares Outstanding | 33.39M | 58.24M | 58.25M | 58.44M | 59.38M | 59.5M | 59.36M | 60.49M | 61.12M |
Freedom Holding Corp. (FRHC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 276.85M | 217.91M | 226.19M | 755.56M | 1.55B | 3.23B | 4.45B | 3.59B | 4.31B |
Cash & Due from Banks | 64.53M | 49.96M | 63.21M | 168.02M | 225.46M | 581.42M | 545.08M | 837.3M | 966.12M |
Short Term Investments | 212.32M | 167.95M | 162.98M | 587.55M | 1.32B | 2.65B | 3.91B | 2.75B | 3.34B |
Total Investments | 212.32M | 167.95M | 162.98M | 587.55M | 1.32B | 2.66B | 3.91B | 2.82B | 3.34B |
Investments Growth % | 160.27% | -20.9% | -2.96% | 260.5% | 124.62% | 101.22% | 47.07% | -27.83% | 18.59% |
Long-Term Investments | 1.06M | 0 | 0 | 0 | 0 | 4M | 372K | 69.74M | 0 |
Accounts Receivables | 25.25M | 73.7M | 113.64M | 46.8M | 143.04M | 365.96M | 1.66B | 3.33B | 4.69B |
Goodwill & Intangibles | 2.38M | 7.16M | 6.03M | 11.04M | 11.06M | 31.81M | 100.32M | 103.28M | 124.42M |
Goodwill | 1.8M | 2.94M | 2.61M | 7.14M | 5.9M | 14.19M | 52.65M | 49.09M | 51.1M |
Intangible Assets | 586K | 4.23M | 3.42M | 3.9M | 5.16M | 17.61M | 47.67M | 54.19M | 73.32M |
PP&E (Net) | 1.78M | 5.56M | 20.93M | 20.2M | 25.25M | 84.36M | 119.33M | 230.93M | 358.4M |
Other Assets | 310K | 883K | 716K | 7.36M | 4.9M | 5.75M | 6.5M | 8.19M | 349.05M |
Total Current Assets | 323.51M | 336.04M | 425.28M | 2.06B | 3.19B | 4.96B | 8.08B | 9.5B | 12.32B |
Total Non-Current Assets | 6.57M | 14.87M | 28.24M | 38.59M | 42.07M | 125.91M | 226.51M | 412.13M | 831.86M |
Total Assets | 330.09M▲ 0% | 350.91M▲ 6.3% | 453.52M▲ 29.2% | 2.1B▲ 363.1% | 3.23B▲ 53.8% | 5.08B▲ 57.4% | 8.3B▲ 63.3% | 9.91B▲ 19.4% | 13.16B▲ 32.7% |
Asset Growth % | 171.98% | 6.31% | 29.24% | 363.11% | 53.8% | 57.4% | 63.28% | 19.42% | 32.69% |
Return on Assets (ROA) | 8.06% | 2.1% | 6.17% | 11.72% | 8.54% | 4.93% | 5.61% | 0.93% | 1.33% |
Accounts Payable | 8.93M | 32.79M | 8.52M | 23.47M | 50.55M | 130.87M | 886.24M | 1.34B | 689.64M |
Total Debt | 172.76M | 106.17M | 134.88M | 414.25M | 885.66M | 1.61B | 3.07B | 1.95B | 2.33B |
Net Debt | 108.23M | 56.21M | 71.68M | 246.23M | 660.19M | 1.03B | 2.52B | 1.12B | 1.37B |
Long-Term Debt | 11.22M | 32.55M | 72.3M | 34.72M | 37.93M | 60.03M | 276.72M | 494.41M | 1.26B |
Short-Term Debt | 161.82M | 73.62M | 48.2M | 374.72M | 840.22M | 1.52B | 2.76B | 1.42B | 1.02B |
Other Liabilities | 211.97M | -72.01M | -158.46M | 19.66M | 115.31M | 541.67M | 728.61M | 949.34M | 1.21B |
Total Current Liabilities | 193.05M | 190.75M | 227.83M | 1.76B | 2.51B | 3.64B | 6.03B | 7.22B | 9.15B |
Total Non-Current Liabilities | 21.94M | 42.57M | 96.66M | 63.2M | 178.72M | 675.79M | 1.1B | 1.48B | 2.52B |
Total Liabilities | 214.99M | 233.31M | 324.49M | 1.82B | 2.68B | 4.31B | 7.13B | 8.7B | 11.67B |
Total Equity | 227.94M▲ 0% | 117.6M▼ 48.4% | 129.04M▲ 9.7% | 275.67M▲ 113.6% | 546.61M▲ 98.3% | 770.74M▲ 41.0% | 1.17B▲ 51.4% | 1.21B▲ 4.1% | 1.49B▲ 22.6% |
Equity Growth % | 419.37% | -48.41% | 9.73% | 113.64% | 98.28% | 41% | 51.41% | 4.06% | 22.64% |
Equity / Assets (Capital Ratio) | 69.05% | 33.51% | 28.45% | 13.13% | 16.92% | 15.16% | 14.06% | 12.25% | 11.32% |
Return on Equity (ROE) | 13.39% | 4.14% | 20.14% | 73.95% | 55.33% | 31.14% | 38.76% | 7.11% | 11.34% |
Book Value per Share | 6.83 | 2.02 | 2.22 | 4.72 | 9.21 | 12.95 | 19.66 | 20.08 | 24.37 |
Tangible BV per Share | 6.75 | 1.90 | 2.11 | 4.53 | 9.02 | 12.42 | 17.97 | 18.37 | 22.33 |
Common Stock | 58K | 58K | 58K | 58K | 59K | 59K | 60K | 61K | 61K |
Additional Paid-in Capital | 100.18M | 99.09M | 102.89M | 104.67M | 174.75M | 164.16M | 183.79M | 246.61M | 314.66M |
Retained Earnings | 35.39M | 41.5M | 66.33M | 208.63M | 441.92M | 647.06M | 998.74M | 1.09B | 1.23B |
Accumulated OCI | -7.39M | -23.05M | -37.97M | -36.05M | -63.13M | -34M | -18.94M | -118M | -56.94M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Preferred Stock | 34.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Freedom Holding Corp. (FRHC) cash flow — operating, investing & free cash flow history
| Metric | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -19.19M | 58.48M | 82.62M | 529.4M | -406.37M | -951.68M | -1.06B | 1.68B | 160.61M |
Operating CF Growth % | -499.65% | 404.7% | 41.29% | 540.75% | -176.76% | -134.19% | -11.84% | 257.94% | -90.45% |
Net Income | 19.23M | 7.15M | 24.16M | 128.5M | 325.12M | 193.16M | 375.54M | 84.52M | 153.33M |
Depreciation & Amortization | 233K | 2.03M | 1.1M | 2.69M | 3.42M | 5.14M | 14.6M | 17.16M | 34.56M |
Deferred Taxes | 347K | -580K | 182K | 1.65M | -4.68M | -811K | 800K | -19.7M | -12.3M |
Other Non-Cash Items | -16.42M | 7.22M | 45.89M | 382.37M | -23.2M | -95.2M | -1.03B | 1.55B | 376.02M |
Working Capital Changes | -24.21M | 39.15M | 9.81M | 13.56M | -714.88M | -1.06B | -448.46M | -5.54M | -459.05M |
Cash from Investing | -869K | -6.73M | -19.76M | 6.35M | -146.32M | -1.46B | -638.22M | -905.47M | -1.02B |
Purchase of Investments | 97.76M | 0 | 0 | -273.82M | -248.74M | -330.1M | -229.91M | -525.25M | -800.99M |
Sale/Maturity of Investments | -97.76M | 231K | 0 | 190.34M | 198.8M | 260.63M | 260.34M | 174.43M | 407.11M |
Net Investment Activity | 0 | 231K | 0 | -83.47M | -49.94M | -69.46M | 30.42M | -350.82M | -393.88M |
Acquisitions | 432K | -2.24M | 0 | -62.71M | 0 | -26.81M | -53.76M | -23.66M | -13.21M |
Other Investing | 679K | 264K | -17.77M | 154.04M | -90.76M | -1.33B | -571.14M | -435.67M | -395.31M |
Cash from Financing | 64.78M | -42.32M | 58.08M | 492.52M | 618.53M | 2.13B | 1.67B | -1.58M | 1.19B |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock Issued | 40.44M | 0 | 455K | 118K | 119K | 677K | 0 | 0 | 0 |
Net Stock Activity | 40.44M | 0 | 455K | 118K | 119K | 677K | 0 | 0 | 0 |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Financing | 8.5M | -59.42M | 44.28M | 197.16M | 39.2M | 1.69B | 1.41B | -232.36M | 0 |
Net Change in Cash | 42.84M▲ 0% | 727K▼ 98.3% | 95.79M▲ 13076.5% | 1.02B▲ 967.0% | 11.42M▼ 98.9% | -203.35M▼ 1880.7% | -19.22M▲ 90.5% | 637.05M▲ 3413.8% | 440.88M▼ 30.8% |
Exchange Rate Effect | -1.88M | -8.69M | -25.14M | -6.13M | -54.42M | 78.19M | 8.79M | -137.04M | 113.19M |
Cash at Beginning | 35.37M | 87.69M | 91.39M | 196.74M | 1.22B | 1.23B | 1.03B | 1.01B | 1.56B |
Cash at End | 78.2M | 88.42M | 187.18M | 1.22B | 1.23B | 1.03B | 1.01B | 1.64B | 2B |
Interest Paid | 13.1M | 13.32M | 8.7M | 19.1M | 37.85M | 199.37M | 474.66M | 511.95M | 0 |
Income Taxes Paid | 536K | 1.29M | 4.05M | 11M | 44.47M | 53.18M | 30.32M | 53.92M | 0 |
Free Cash Flow | -21.17M▲ 0% | 53.49M▲ 352.6% | 80.63M▲ 50.7% | 527.88M▲ 554.7% | -411.99M▼ 178.0% | -990.23M▼ 140.4% | -1.11B▼ 11.9% | 1.59B▲ 243.1% | -38.16M▼ 102.4% |
FCF Growth % | -551.41% | 352.65% | 50.74% | 554.73% | -178.05% | -140.35% | -11.91% | 243.1% | -102.41% |
Freedom Holding Corp. (FRHC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 28.58% | 13.39% | 4.14% | 20.14% | 73.95% | 55.33% | 31.14% | 38.76% | 7.11% | 11.34% |
Return on Assets (ROA) | 9.67% | 8.06% | 2.1% | 6.17% | 11.72% | 8.54% | 4.93% | 5.61% | 0.93% | 1.33% |
Net Interest Margin | -3.14% | -4.46% | -4.17% | -2.25% | -1.07% | -2.38% | -4.11% | -6.04% | -5.41% | -3.72% |
Efficiency Ratio | 101.22% | 38.3% | 60.08% | 30.79% | 6.52% | 8.48% | 16.27% | 14.33% | 21.54% | 39.54% |
Equity / Assets | 36.16% | 69.05% | 33.51% | 28.45% | 13.13% | 16.92% | 15.16% | 14.06% | 12.25% | 11.32% |
Book Value / Share | 3.91 | 6.83 | 2.02 | 2.22 | 4.72 | 9.21 | 12.95 | 19.66 | 20.08 | 24.37 |
NII Growth | - | -287.05% | 0.58% | 30.37% | -120.04% | -242.84% | -171.55% | -139.83% | -6.94% | 8.74% |
Freedom Holding Corp. (FRHC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 12, 2026·SEC
Apr 9, 2026·SEC
Oct 1, 2025·SEC
Freedom Holding Corp. (FRHC) stock FAQ — growth, dividends, profitability & financials explained
Freedom Holding Corp. (FRHC) grew revenue by 7.8% over the past year. This is steady growth.
Yes, Freedom Holding Corp. (FRHC) is profitable, generating $153.3M in net income for fiscal year 2026 (7.0% net margin).
Freedom Holding Corp. (FRHC) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.
Freedom Holding Corp. (FRHC) has a net interest margin (NIM) of -3.7%. NIM has been under pressure due to interest rate environment.
Freedom Holding Corp. (FRHC) has an efficiency ratio of 39.5%. This is excellent, indicating strong cost control.