Freedom Holding Corp

Freedom Holding Corp. operates as an investment company, which engages in the provision of securities brokerage and financial services. Its services include retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services. The company was founded in 1981 is headquartered in Almaty, Kazakhstan.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Freedom Holding Corp. operates as an investment company, which provides securities brokerage and financial services. The firm engages in a range of activities including securities brokerage, securities dealing for customers, market making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It operates through the following segments: Brokerage, Banking, Insurance, and Other. The company was founded in July 1981 is headquartered in Almaty, Kazakhstan.

LOS ANGELES, CA / ACCESSWIRE / August 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Freedom Holding Corp. ("Freedom Holding" or "the Company") (NASDAQ:FRHC) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Freedom Holding Corp. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Freedom Holding Corp. (“Freedom” or the “Company”) (NASDAQ: FRHC) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Freedom investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Freedom Holding Corp. (FRHC) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Freedom Holding Corp. (“Freedom” or the “Company”) (NASDAQ: FRHC) investors concerning the Company's possible violations of federal securities laws. On August 15, 2023, Hindenburg Research published a report alleging, among other things, that Freedom “brazenly skirts sanctions”, shows signs of fake revenue, “commingles customer funds then gambles assets in highly levered, illiquid, risky marke.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Freedom Holding Corp. (FRHC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Freedom Holding Corp. (“Freedom” or the “Company”) (NASDAQ: FRHC) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On August 15, 2023, Hindenburg Research published a report alleging, among other things, that Freedom “brazenly skirts sanctions,” shows signs of fake revenue, “commingles.

The Law Offices of Frank R. Cruz Announces Investigation of Freedom Holding Corp. (FRHC) on Behalf of Investors

PHILADELPHIA , Aug. 16, 2023 /PRNewswire/ -- Investor lawyers at the Rosca Scarlato law firm are investigating allegations of securities violations, corporate misconduct, and misrepresentations involving Freedom Holding and/or its directors and officers. The Rosca Scarlato attorneys are preparing to take action and seek compensation and/or other redress on behalf of any injured FRHC shareholders.

FREEDOM HOLDING (NASDAQ: FRHC) SHAREHOLDER ALERT: POTENTIAL COMPENSATION CLAIMS: Rosca Scarlato Investor Lawyers Investigating

Freedom Holding (NASDAQ: FRHC ) stock is slipping on Wednesday after the company's shares were the target of a Hindenburg Research short report. The new report from Hindenburg Research alleges several problems with Freedom Holding.

FRHC Stock Alert: Hindenburg Slams Freedom Holding in New Report

NEW YORK , Aug. 15, 2023 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Freedom Holding Corp. ("Freedom Holding" or "the Company") (NASDAQ: FRHC) concerning possible violations of federal securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

FRHC INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Freedom Holding Corp.

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (hereinafter referred to as the “Company”) (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that on August 11, 2023, the Company received a letter (the “Non-Compliance Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of its fail.

Freedom Holding Corp. Receives Nasdaq Notification of Noncompliance with Listing Rule 5250(c)(1)

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (NASDAQ: FRHC), a diversified multi-national financial services firm, today announced that it has completed the acquisition of an 82% ownership interest in Kazakhstan company “Arbuz Group” Limited Liability Partnership (“Arbuz”) from a group of private investors. The acquisition took place in several stages starting in March 2023. Arbuz is an online supermarket and fresh food delivery service with operations in Almaty and Ast.

Freedom Holding Acquires Majority Stake in Online Supermarket Arbuz

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm announced today that management is scheduled to participate in the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel in Los Angeles, California on June 6-8, 2023. LD Micro is focused on showcasing the next generation of great companies. Management will host one-on-one investor meetings throughout the event and is scheduled to present on We.

Freedom Holding Corp to Present at LD Micro Invitational XIII

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm, has entered into an agreement to acquire the Aviata and Сhocotravel service platforms from Chocofamily Holding LLP, the company announced today. The acquisition, which is subject to certain conditions, is expected to close before the end of the year. Aviata/Chocotravel is one of the largest online travel agencies in Kazakhstan. The purchase price is $32.3 m.

Freedom Holding Corp. Enters Into Agreement to Acquire Travel Platforms

SRAX, Inc.

Los Angeles, California--(Newsfile Corp. - March 6, 2023) - SRAX, Inc. (NASDAQ: SRAX), a leading financial technology company, has announced the successful sale of its wholly owned subsidiary LD Micro Inc. to Freedom Holding Corp (NASDAQ: FRHC) for $8,300,000. The sale of LD Micro, a conference that has historically attracted a high caliber of presenting companies and attendees, marks a strategic move for SRAX.

SRAX Announces Sale of LD Micro to Freedom Holding Corp

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom U.S. Markets, LLC, a wholly-owned subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), announced today that it has completed the acquisition of LD Micro from SRAX, Inc. (NASDAQ: SRAX). The total consideration of $8.3 million includes $4 million in cash and FRHC common stock valued at $4.3 million.

Freedom Holding Acquires LD Micro From SRAX, Inc.

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--The previously announced sale of the Russian subsidiaries of Freedom Holding Corp. (Nasdaq: FRHC) has been approved by the Central Bank of the Russian Federation and the sale has been completed, the company announced today. As previously disclosed, the company's Russian subsidiaries have been sold to Maxim Povalishin, the Deputy General Director and a member of the Board of Directors of Freedom's Russian subsidiary IC Freedom Finance LLC.

Freedom Holding Corp. Russian Divestiture Approved and Completed

ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that it has reached a definitive agreement to acquire Maxim Group LLC and its registered investment advisory affiliate Maxim Financial Advisors LLC (together “Maxim Group”), for a combination of cash and common stock.

Freedom Holding Corp. Enters into Agreement to Acquire Investment Bank Maxim Group to Expand U.S. Presence

NEW YORK & ALMATY, Kazakhstan--( BUSINESS WIRE )--Freedom Capital Markets (FCM), the investment banking and equity capital markets arm of Prime Executions, Inc., a wholly-owned subsidiary of Freedom Holding Corp. (NASDAQ: FRHC) is pleased to announce the appointment of Citigroup veteran Jon V. Rogers as Executive Vice President and a member of FCM's Management and Investment Committees.

Jon V. Rogers Joins Freedom Capital Markets

NEW YORK & ALMATY, Kazakhstan--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC) today announced that its European subsidiary, Freedom Finance Europe, has obtained direct membership with the European Central Counterparty N.V.

Freedom Finance Europe Granted EuroCCP Membership

ALMATY, Kazakhstan--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC) (the “Company”) today announced that it has entered into an agreement to sell its Russian subsidiary, Investment Company Freedom Finance LLC (“Freedom RU”), together with Freedom RU's subsidiary FFIN Bank LLC (such companies together the “Russian Subsidiaries”).

Freedom Holding Corp. Enters into Agreement to Sell Russian Businesses

ALMATY, Kazakhstan--(BUSINESS WIRE)--In an 8-K filing today, Freedom Holding Corp. (Nasdaq: FRHC) announced that it had appointed the independent registered public accounting firm Deloitte LLP in Kazakhstan (“Deloitte”), a member of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, for the fiscal year ending March 31, 2023.

Freedom Holding Corp. Appoints Deloitte

After the protests in Kazakhstan, which lasted only a few weeks in January, the shares of Freedom Holding and Kaspi.kz have not yet recovered. I believe the next 12 months will be much more positive and profitable for the companies due to the migration of the economically active Russian population to Kazakhstan.

Freedom Holding And Kaspi.kz: Russian Mobilization Is A Clear Bullish Catalyst

ALMATY, KAZAKHSTAN and STAMFORD CT / ACCESSWIRE / April 1, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) ("Freedom Holding") and MKM Holdings LLC ("MKM Holdings") today announced that they have mutually agreed to terminate the previously announced acquisition of MKM Partners LLC ("MKM Partners") by Freedom Holding from MKM Holdings due to business and market conditions arising from international geopolitical conditions. "We were excited about the synergies that would have benefitted our clients and employees through the acquisition of MKM Partners by Freedom Holding, a vibrant and growing financial services firm with offices throughout Europe and Asia.

Freedom Holding and MKM Holdings Announce Mutual Termination of Acquisition

ALMATY, KAZAKHSTAN / ACCESSWIRE / March 17, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company," "we" or "our") today announced that S&P Global Ratings ("S&P") has lowered its long-term issuer credit ratings on Company subsidiaries Freedom Finance JSC, Bank Freedom Finance Kazakhstan, JSC, Freedom Finance Global, PLC, and Freedom Finance Europe Ltd. to "B-" from "B" and lowered the rating of Investment Company Freedom Finance, LLC to "CCC-" from "B".

S&P Global Ratings of Freedom Holding Corp. Subsidiaries Downgraded in Wake of Russia-Ukraine Conflict

ALMATY, KAZAKHSTAN / ACCESSWIRE / February 28, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") announced today that JSC Freedom Finance, a Company subsidiary, has received regulatory approval from the Board of the Agency of the Republic of Kazakhstan for the Regulation and Development of the Financial Market, to become an insurance holding company. The receipt of regulatory approval paves the way to complete the acquisitions of Insurance Company Freedom Finance Insurance JSC and Life Insurance Company Freedom Finance Life JSC announced in December 2021.

Freedom Holding Corp. Subsidiary Receives Approval to Acquire Insurance Companies

Freedom Holding Corp. (FRHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Freedom Holding Corp. (FRHC) to Report Q3 Results: Wall Street Expects Earnings Growth

ALMATY, KAZAKHSTAN / ACCESSWIRE / January 26, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company" or "Freedom"), an international financial services firm announced today that its wholly owned US subsidiary, Prime Executions, Inc. ("Prime Executions" or "Prime") has received Financial Industry Regulatory Authority, Inc. ("FINRA") approval for expansion into capital markets and investment banking activities in the US. Commenting on the approval, Company Chairman and Chief Executive Officer, Timur Turlov stated, "Freedom's global footprint now includes operations in nine countries, and we expect that our capacity to offer expanded capital markets access and investment banking activities will further our appeal to both domestic and international clients.

News for Freedom Holding Corp Stock (FRHC)