#United States #New York #Financial Services #investment portfolio #Freedom Holding

Freedom Holding Corp Reports Strong Financial Results

In a recent announcement, Freedom Holding Corp. (NASDAQ: FRHC), a global player in financial services and technology, disclosed impressive financial outcomes for the quarter and nine-month period ending December 31, 2025. The results reveal remarkable growth in assets, shareholder equity, and a thriving customer base, underscoring the effectiveness of the company's diversified business strategies.

Asset Growth Highlights

The holding company's total assets surged to $12.38 billion, showcasing a remarkable 25% increase from $9.91 billion at the close of the previous fiscal year. This impressive growth can be attributed to the expansion of the company's investment portfolio, alongside increased client balances in their brokerage accounts, reinforcing Freedom Holding’s position in the financial services landscape.

Key Financial Metrics

For the nine months ending December 31, 2025:

• - Operating cash flow reached a substantial $1.73 billion.
• - Total shareholders' equity climbed to $1.40 billion, up from $1.21 billion in the previous fiscal year.
• - Net income for the third quarter was reported at $76.2 million.
• - Diluted earnings per share (EPS) were recorded at $1.25 for the quarter and $2.38 for the nine-month period.

These metrics reflect a resilient financial performance amid fluctuating market conditions, underscoring the company's robust operational management.

Cash Flow and Liquidity

Freedom Holding demonstrated excellent cash flow generation with net cash from operating activities reaching $1.73 billion over the nine-month period. Significant contributions to this cash flow were seen from the growth in funds held by customers in brokerage accounts, coupled with a decline in margin-related balances. By December 31, 2025, the company reported cash, cash equivalents, and restricted cash totaling $3.51 billion, a substantial rise from $1.64 billion at the start of the financial year.

Revenue Performance

Total revenue for the quarter ending December 31, 2025, hit $628.6 million. This performance was fueled by significant increases in interest income, brokerage fees, commissions, and insurance premiums. The nine-month revenue accumulated to $1.69 billion, showcasing a well-diversified revenue stream which provides stability amidst the volatile market environment.

Customer Growth and Business Development

During the reporting period, Freedom Holding Corp. achieved significant growth in its customer base. The number of banking customers skyrocketed from 2.5 million to 4.5 million in just nine months, while the brokerage clients experienced a growth rate exceeding 20%. This surge was largely attributed to extensive enhancements in digital offerings and continued evolution of the financial ecosystem that the company is developing.

Timur Turlov, Chairman and CEO of Freedom Holding Corp., stated, "We continue to develop our digital ecosystem by combining traditional brokerage and banking with daily consumer services. This ecosystem caters to a wide array of transactions, from everyday purchases to complex investment activities. Over 7 million customers now utilize our platform. Our SuperApp leads download charts in Kazakhstan, with ambitions for further market expansion. Our collaborations with global tech leaders such as NVIDIA, Amazon, and Microsoft highlight our innovative approach."

About Freedom Holding Corp.

Freedom Holding Corp. operates across 21 countries, including the United States, Kazakhstan, Cyprus, and many more. The company's headquarters are situated in New York City, while its notable developments are prominently observed in Kazakhstan, where it is actively advancing financial services through Freedom Bank, Freedom Broker, and various insurance companies under the Freedom brand.

The company trades its shares on multiple exchanges—including NASDAQ and the Kazakhstan Stock Exchange—under the ticker symbol FRHC and is regulated by the SEC. As it continues to expand, Freedom Holding Corp. remains focused on leveraging technology to enhance customer experiences and deliver comprehensive financial solutions.