As a blogger, write about among the newest information on the planet, with a honest tone, report or rewrite the primary content material into an ordinary search engine marketing article of about 1000 phrases. no title, primarily based on Freedom Holding Corp. Studies Fiscal 12 months 2025 Monetary Outcomes, select focus key phrase all through the article.:
Firm Continues High Line Progress Development with 23% Enhance in Reported Income
NEW YORK, June 13, 2025–(BUSINESS WIRE)–Freedom Holding Corp. (the “Firm”) (NASDAQ: FRHC), a multinational diversified monetary companies holding firm with a presence in 22 international locations, at the moment introduced the monetary outcomes for his or her fiscal 12 months 2025. Highlights embrace the next:
$2.05 billion in incomeversus $1.67 billion for the fiscal 12 months 2024, a 23% improve
Web revenue of $1.40 earnings per diluted share; $1.43 per primary share
$9.9 billion in complete belongings as of March 31, 2025
Headcount of 8,764 as of March 31, 2025
Fiscal 2025 Monetary Highlights:
The Firm acknowledged income of roughly $2.05 billion in fiscal 2025, in comparison with $1.67 billion in fiscal 2024, a 23% improve.
The Firm’s complete expense was roughly $1.94 billion in fiscal 2025 as in comparison with $1.23 billion in fiscal 2024.
Web revenue was roughly $84.5 million for fiscal 2025 in comparison with $375 million for the earlier fiscal 12 months, leading to primary and diluted earnings per share of $1.43 and $1.40, respectively. This compares to $6.37 and $6.33 per share, respectively, final 12 months.
Weighted common widespread shares excellent used to compute diluted earnings per share for the fiscal years ended March 31, 2025, and 2024 had been 60.5 million and 59.4 million, respectively.
Complete belongings had been $9.9 billion on March 31, 2025, as in comparison with $8.3 billion as of the fiscal 2024 year-end.
“An providing of more and more diversified fintech-based companies continues to draw new prospects…”
“Fiscal 2025 was one other 12 months of sturdy top-line development for Freedom with income from each our brokerage and insurance coverage companies growing by double-digits,” stated Timur Turlov, the Firm’s founder and chief government officer. “This continued development displays the success of the investments we’re making in digital infrastructure, AI, and our providing of more and more diversified fintech-based companies which continues to draw new prospects.”
Turlov continued, “We’re particularly pleased with the success of our Freedom SuperApp which not solely supplies prospects entry to the perfect services and products obtainable from Freedom in our brokerage, banking and insurance coverage ecosystem, but additionally permits them to buy, evaluate, get monetary savings, and earn money again from retailers. Since its launch in April 2024, SuperApp has met with enthusiastic market acceptance, signing up over 1 million month-to-month lively customers and 183,000 each day lively customers in simply over a 12 months.
Further Fiscal 2025 highlights:
Our price and fee revenue for fiscal 2025 was $505 million, a rise of $64.7 million, or 15%, in comparison with fiscal 2024. The rise was primarily attributable to larger price and fee revenue from brokerage companies, primarily pushed by the expansion in retail brokerage prospects from 530,000 to 683,000 on the finish of fiscal 2025.
We had roughly 2,515,000 financial institution prospects at our Freedom Financial institution KZ subsidiary as of March 31, 2025, as in comparison with roughly 904,000 as of March 31, 2024.
Freedom’s insurance coverage underwriting revenue for fiscal 2025 was $617.6 million, a rise of $353.4 million. This improve was pushed by the enlargement of the Firm’s insurance coverage operations resembling pension annuity and accident insurance coverage, and a rise within the variety of prospects from 534,000 to 1,170,000 in the course of the fiscal 12 months.
Freedom additionally had a achieve of $12.4 million on derivatives buying and selling, versus a lack of $103.8 million in 2024.
“We’re additionally excited to be getting into the telecommunications and media markets this fiscal 12 months…
“Freedom ended the fiscal 12 months with 8,764 staff – 2,567 greater than on the similar time a 12 months in the past, which bears witness to our fast development throughout the monetary companies sector in Kazakhstan and in different core markets,” stated Turlov. “We’re pleased with our staff and their efforts, in addition to our Firm’s contributions to worthy causes in sports activities and schooling which embrace the Kazakhstan Chess Federation and the 2024 FIDE World Fast & Blitz Chess Championship final December in New York. We continued our assist for the event of chess in Kazakhstan. Throughout the fiscal 12 months ending March 31, 2025, the Fund has made monetary contributions to the Kazakhstan Chess Federation to assist the preparation and holding of championships, tournaments, and coaching camps. We supported the Worldwide Biology Olympiad (IBO), a prestigious competitors amongst secondary college college students from all over the world, by financing its opening and shutting ceremonies. We acted because the Basic Companion of the Kazakhstan Collegiate Programming Federation for its participation within the remaining spherical of one of many largest worldwide competitions within the IT sphere, the ICPC World Finals 2024, in Astana. In 2024, we offered monetary assist for development of a brand new heart for superior applied sciences, improvement, and analysis started at SDU College in Almaty. The brand new college constructing will function a hub for conducting analysis within the fintech area. The fashionable campus, opened in March 2025, options AI labs, fintech analysis facilities, monetary literacy zones, and interactive academic areas. We continued supporting the ‘Train for Qazaqstan’ initiative with funds masking operational prices and holding academic occasions. As a part of the initiative, lecturers obtain entry to grasp courses, seminars and specialised coaching modules aimed toward making a supportive and stimulating studying atmosphere. Freedom Holding Corp. continued supporting the event of varied sports activities in Kazakhstan, together with soccer, tennis, and biking.”
Concluded Turlov, “Looking forward to fiscal 2026, we’ll proceed to make investments in our digital infrastructure and AI to construct out the Freedom portfolio of brokerage, banking and insurance coverage companies – an ecosystem that’s disrupting regional banking and on-line retail companies. We’re additionally excited to be getting into the telecommunications and media markets in Kazakhstan this fiscal 12 months, an effort which is supported by our further $200 million home bond providing final September, which was the biggest providing of its form thus far on the Astana Worldwide Alternate.”
On April 30, 2025, the Firm accomplished the acquisition of 100% of a brand new subsidiary Astel Group Ltd. by Freedom Telecom from a 3rd social gathering for $22.6 million as a part of our enlargement into the telecommunications market in Kazakhstan and constructing a digital fintech ecosystem. Astel Group Ltd. is the biggest unbiased fixed-line operator offering trendy telecommunications companies, working within the B2G and B2B segments.
On June 27, 2025, following the shut of the U.S. fairness markets, Freedom Holding Corp. will likely be added to the Russell 3000® Index as a part of the index’s annual reconstitution. The Russell 3000® Index measures the efficiency of the three,000 largest publicly traded U.S. firms, representing roughly 98% of the investable U.S. fairness market. Inclusion within the Russell 3000® Index is anticipated to reinforce the Firm’s visibility throughout the funding group and broaden its shareholder base.
About Freedom Holding Corp.
Freedom Holding Corp., a Nevada company, is a diversified monetary companies holding firm conducting retail securities brokerage, funding analysis, funding counseling, securities buying and selling, funding banking and underwriting companies, mortgages, insurance coverage, and client banking by means of its subsidiaries, working underneath the title Freedom Finance in Europe and Central Asia, and Freedom Capital Markets in the USA. By means of its subsidiaries, Freedom Holding Corp. employs greater than 8,764 individuals and is knowledgeable participant within the Kazakhstan Inventory Alternate, the Astana Worldwide Alternate, the Republican Inventory Alternate of Tashkent, Worldwide Buying and selling System Restricted, Armenia Inventory Alternate, Kyrgyz Inventory Alternate, the Uzbek Republican Forex Alternate and is a member of the New York Inventory Alternate and the Nasdaq Inventory Alternate.
Freedom Holding Corp.’s widespread shares are registered underneath the USA Securities Alternate Act of 1934 and are traded underneath the image FRHC on the Nasdaq Capital Market, operated by Nasdaq, Inc. The Firm has its primary market of operations in Kazakhstan and has operations by means of its subsidiaries in 22 international locations.
This launch accommodates “forward-looking” statements throughout the that means of part 21E of the Securities Alternate Act of 1934. All forward-looking statements are topic to uncertainty and adjustments in circumstances. In some circumstances, forward-looking statements might be recognized by terminology resembling “anticipate,” “new,” “plan,” “search,” and “will,” or the detrimental of such phrases or different comparable terminology and embrace statements regarding our plans, intentions and expectations together with our plans to enter the telecommunications market, our expectations with respect to 2026 and different non-historical statements. Ahead-looking statements usually are not ensures of future outcomes or efficiency and contain dangers, assumptions, and uncertainties that might trigger precise occasions or outcomes to vary materially from the occasions or outcomes described in, or anticipated by, the forward-looking statements. Elements that might materially have an effect on such forward-looking statements embrace financial, enterprise, and regulatory dangers and different components together with these recognized within the Firm’s periodic and present stories filed with the U.S. Securities and Alternate Fee. All forward-looking statements are made solely as of the date of this launch and the Firm assumes no obligation to replace forward-looking statements to mirror subsequent occasions or circumstances. Readers mustn’t place undue reliance on these forward-looking statements.
Web site Disclosure
Freedom Holding Corp. intends to make use of its web site, https://ir.freedomholdingcorp.com, as a way for disclosing materials private info and for complying with U.S. Securities and Alternate Fee Regulation FD and different disclosure obligation.
Financials:
FREEDOM HOLDING CORP.
CONSOLIDATED BALANCE SHEETS (All quantities in 1000’s of United States {dollars}, until in any other case acknowledged)
March 31, 2025
March 31, 2024
ASSETS
Money and money equivalents
$
837,302
$
545,084
Restricted money
807,468
462,637
Funding securities
2,814,733
3,905,241
Margin lending, brokerage and different receivables, internet
3,319,145
1,660,275
Loans issued (together with $188,445 and $147,440 to associated events)
1,595,435
1,381,715
Mounted belongings, internet
191,103
83,002
Intangible belongings, internet
54,186
47,668
Goodwill
49,093
52,648
Proper-of-use asset
39,828
36,324
Insurance coverage contract belongings
37,183
24,922
Different belongings, internet (together with $18,080 and $5,257 with associated events)
168,541
102,414
TOTAL ASSETS
$
9,914,017
$
8,301,930
LIABILITIES AND SHAREHOLDERS’ EQUITY
Securities repurchase settlement obligations
$
1,418,443
$
2,756,596
Buyer liabilities
4,304,999
2,273,830
Margin lending and commerce payables
1,322,241
867,880
Liabilities from insurance coverage exercise
481,539
297,180
Present revenue tax legal responsibility
28,919
32,996
Debt securities issued
469,551
267,251
Lease legal responsibility
40,525
35,794
Legal responsibility arising from persevering with involvement
503,705
521,885
Different liabilities
129,737
81,560
TOTAL LIABILITIES
$
8,699,659
$
7,134,972
Commitments and Contingent Liabilities (Observe 28)
—
—
SHAREHOLDERS’ EQUITY
Most popular inventory – $0.001 par worth; $20,000,000 shares licensed, no shares issued or excellent
—
Widespread inventory – $0.001 par worth; 500,000,000 shares licensed; 60,993,949 and 60,321,813 shares issued and excellent as of March 31, 2025 and March 31, 2024, respectively
61
60
Further paid in capital
246,610
183,788
Retained earnings
1,085,565
998,740
Gathered different complete loss
(117,995
)
(18,938
)
TOTAL FRHC SHAREHOLDERS’ EQUITY
$
1,214,241
$
1,163,650
Non-controlling curiosity
117
3,308
TOTAL SHAREHOLDERS’ EQUITY
$
1,214,358
$
1,166,958
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
$
9,914,017
$
8,301,930
FREEDOM HOLDING CORP.
CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME
(All quantities in 1000’s of United States {dollars}, until in any other case acknowledged)
Years ended March 31,
2025
2024
2023
Income:
Payment and fee revenue (together with $4,725, $65,972 and $199,235 from associated events)
$
505,026
$
440,333
$
327,215
Web (loss)/achieve on buying and selling securities
(57,810
)
133,854
71,084
Curiosity revenue (together with $1,731 , $24,941 and $23,191 from associated events)
864,453
828,224
294,695
Insurance coverage underwriting revenue
617,596
264,218
115,371
Web achieve on overseas change operations
51,684
72,245
52,154
Web achieve/(loss) on derivatives
12,404
(103,794
)
(64,826
)
Gross sales of products and companies
40,102
21,576
—
Different revenue
17,072
9,696
3,448
TOTAL REVENUE, NET
2,050,527
1,666,352
799,141
Expense:
Payment and fee expense
346,074
154,351
65,660
Curiosity expense
535,895
501,111
208,947
Insurance coverage claims incurred, internet of reinsurance
298,109
139,561
77,329
Payroll and bonuses
288,163
181,023
81,819
Skilled companies
28,924
34,238
17,006
Inventory compensation expense
59,592
22,719
9,293
Promoting and sponsorship expense (together with $18,497 ,$—, and — from associated events)
124,627
38,327
14,059
Basic and administrative expense (together with $1,704, $10,341 and $2,953 from associated events)
162,474
120,888
59,971
Allowance for anticipated credit score losses
62,445
21,225
29,119
Price of gross sales
31,278
17,538
—
TOTAL EXPENSE
1,937,581
1,230,981
563,203
INCOME BEFORE INCOME TAX
112,946
435,371
235,938
Earnings tax expense
(28,425
)
(60,419
)
(42,776
)
INCOME FROM CONTINUING OPERATIONS
84,521
374,952
193,162
Earnings earlier than revenue tax expense of discontinued operations
—
—
68,160
Reclassification of loss from cumulative translation adjustment of discontinued operations
—
—
(25,415
)
Loss from divestiture of discontinued operations
—
—
(26,118
)
Earnings tax advantage of discontinued operations
—
—
(4,203
)
Earnings from discontinued operations
—
—
12,424
NET INCOME
84,521
374,952
205,586
Much less: Web (loss)/revenue attributable to non-controlling curiosity in subsidiary
(129
)
(588
)
446
NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST
$
84,650
$
375,540
$
205,140
OTHER COMPREHENSIVE INCOME
Change in unrealized (loss)/achieve on investments available-for-sale, internet of tax impact
4,364
6,196
1,431
Reclassification adjustment for internet realized loss/(achieve) on available-for-sale investments disposed of within the interval, internet of tax impact
681
(3,209
)
(2,916
)
Reclassification of loss from cumulative translation adjustment of discontinued operations
—
25,415
International forex translation changes
(104,102
)
12,075
5,195
OTHER COMPREHENSIVE INCOME
(99,057
)
15,062
29,125
COMPREHENSIVE (LOSS)/INCOME BEFORE NON-CONTROLLING INTERESTS
$
(14,536
)
$
390,014
$
234,711
Much less: Complete (loss)/revenue attributable to non-controlling curiosity in subsidiary
(129
)
(588
)
446
COMPREHENSIVE (LOSS)/INCOME ATTRIBUTABLE TO CONTROLLING INTEREST
$
(14,407
)
$
390,602
$
234,265
EARNINGS PER COMMON SHARE (In U.S. {dollars}):
Earnings from persevering with operations per widespread share – primary
1.43
6.37
3.29
Earnings from persevering with operations per widespread share – diluted
1.40
6.33
3.24
Earnings/(loss) from discontinued operations per widespread share – primary
—
—
0.21
Earnings/(loss) from discontinued operations per widespread share – diluted
