Companies/US/FRHC

FREEDOM HOLDING CORP.

Last · NasdaqCM$180.39+4.25 (+2.41%)live · yahoo · 45m ago
Vol 139.2K ≈ 25.11M
Market cap$11.51B63.8M sh
P/E · TTM70.5fwd 40.1 · eps 2.56
Beta—vs S&P 500
Div yield0.00%annual · TTM
52w range
$107.97$181.00
Volume139.2Ksession

Issuer

Legal nameFREEDOM HOLDING CORP.
HQUnited States (US)
ListingUS FRHC
ISINUS3563901046
SectorFinancials
IndustryBrokerage & Investment Banking
SIC6211
CurrencyUSD
Entity registrysec:0000924805
CIK0000924805
Employees11,737
AddressFreedom Holding Corp. Esentai Tower, BC 050040, Almaty +212 980 4400
Headline financial metrics
Revenue$2.4B
Operating income$226.3M
Net income$154.6M
Free cash flow$-420.8M
Operating margin9.5%
Net margin6.5%
Return on equity10.1%
PeriodTTM 2026-06-30
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OpenFilings analyst

Our analyst

10-K · 2026-06-01

From latest 10-K · 2026-06-01

  • Sec Wells Notice
  • Customer Concentration
  • Kazakhstan Debt Exposure
  • Bank Loan Growth
  • Related Party Transactions
  • Market Maker Dependence
  • Insurance Commission Caps
  • Digital Ecosystem

Red flags

  • A single brokerage customer generated $367.0 million, or 17% of total revenue, in fiscal 2026; the agreements provide no exclusivity or minimum service commitments.
  • Approximately 83% of fiscal 2026 trading income came from Kazakhstan government or quasi-government debt securities, leaving results exposed to one sovereign-linked asset class.
  • The SEC and Timur Turlov received a Wells Notice on March 11, 2026 regarding settlement practices, institutional market-maker relationships, internalized trades, disclosures, and internal controls; the company cannot estimate any potential loss.
  • The company has a related-party lending relationship with FFIN Credit, controlled by CEO and controlling shareholder Timur Turlov, involving purchases of uncollateralized retail loans.
  • Freedom Bank KZ’s loan book grew 29% to $2.05 billion, while the consolidated allowance for loans issued was $101.8 million; purchased retail loans of $182.1 million had no disclosed collateral value.

Upcoming earnings

1 event
1:30 PM UTC+1
Period
Sep 2026
Est. EPS
—
Est. revenue
0

Press & signals

3 of 5 recent
  • GlobeNewswire

    Moody’s Assigns First-Time Insurance Financial Strength Ratings to Freedom Insurance and Freedom Life

  • GlobeNewswire

    S&P Revises Outlook on Freedom Holding Corp. and Core Subsidiaries to Positive

  • GlobeNewswire

    Freedom Holding Corp. Reports 40% Increase in Quarterly Revenue to $732.5 Million

The rest of this company's wire — with summaries and source links — is part of Pro.

See plans

Documents

FormReporting forFiledFlags
—2026-09-290
2026-09-162026-09-180
2026-09-162026-09-180
2026-08-282026-09-010