Freedom Hldg Corp Nev Stock Price, News & Analysis

Freedom Holding Corp. (NASDAQ: FRHC) reported strong Q1 FY2026 results with total revenue increasing 17% to $533.4 million compared to $455 million in the prior year. The multinational financial services company, present in 22 countries, achieved net income of $30.4 million ($0.50 per diluted share).

Key performance metrics include: total assets of $9.7 billion, customer base growth to 5.3 million across segments, and significant revenue increases in brokerage ($176.3M), banking ($146.2M, +60%), and insurance ($174.0M, +18%) segments. The company was added to the Russell 3000® Index and received a positive outlook revision from S&P Global Ratings.

Notable developments include the acquisition of Astel Group Ltd for $22.3 million to enhance telecommunications capabilities, and continued expansion of their digital infrastructure through their Super App platform.

Freedom Holding Corp. (NASDAQ:FRHC) successfully concluded the 2025 FIDE World Schools Team Championship and Smart Moves Summit in Alexandria, USA, from August 2-7, 2025. The championship featured teams from 50 countries, with India's Velammal MHS School securing first place, followed by Kazakhstan's National School of Physics and Mathematics, and USA's Harker School.

The parallel Smart Moves Summit (August 4-5) brought together education, sports, and technology experts to discuss chess integration in education. FRHC CEO Timur Turlov, who also heads the International School Chess Federation, highlighted the company's successful implementation of chess programs in 500 Kazakhstan schools, with plans to expand to 700 more schools next year.

Freedom Holding Corp. (NASDAQ:FRHC) hosted Day One of the Smart Moves Summit 2025, focusing on strategic leadership in global chess education. The event featured CEO Timur Turlov and various chess education experts discussing the integration of chess in early education and its role in child development.

The summit included sessions on educational equity through chess, educational technology in chess learning, and building public-private partnerships. The day concluded with masterclasses on integrating chess into math instruction and cognitive development programs.

Turlov, who also serves as president of Kazakhstan Chess Federation, emphasized chess's potential role in addressing modern attention and concentration challenges in education.

Freedom Holding Corp. (NASDAQ:FRHC) has announced its sponsorship of two major chess events: the 2025 FIDE World Schools Team Championship and the Smart Moves Summit, scheduled for August 3-6, 2025, in Alexandria, near Washington, D.C.

The championship will unite young chess players from 47 countries, marking the first time school chess teams will compete in the U.S. capital. The company's founder and CEO, Timur Turlov, who also heads the International School Chess Federation (ISCF), emphasizes the importance of supporting young chess talent and creating opportunities for the next generation.

First Trust Financials AlphaDEX Fund (NASDAQ: FXO) has become the second-largest shareholder of Freedom Holding Corp. (NASDAQ: FRHC), following its acquisition of 185,000 shares. The investment makes FXO the largest institutional investor after CEO Timur Turlov, with FRHC now representing a 1.22% weighting in the fund's underlying index.

The investment highlights Freedom Holding's strong fundamentals and growth potential. S&P Global Ratings has revised the outlook for FRHC's core subsidiaries from "Stable" to "Positive" while maintaining their 'B+/B' credit ratings. The parent company's rating remains at 'B-' with a Stable outlook. Additionally, the Stanford Graduate School of Business has included FRHC as its first Central Asian case study.

Freedom Holding Corp. (NASDAQ: FRHC), a multinational financial services company, received positive outlook revisions from S&P Global Ratings for its key subsidiaries. S&P affirmed B+/B ratings for Freedom Finance JSC, Freedom Finance Europe, Freedom Finance Global, and Freedom Bank Kazakhstan, while maintaining Freedom Holding Corp.'s B- rating with stable outlook.

The upgrade reflects significant improvements in risk management and compliance. Despite a reduction in fiscal 2025 due to banking segment losses, the company maintains strong earnings with a three-year average core earnings to risk-weighted assets of 2.6%. The company serves approximately 5 million customers, including 4.4 million financial clients, through its SuperApp platform.

S&P indicated potential for further rating upgrades within 12 months, contingent on continued strengthening of risk management, maintaining moderate risk appetite, and keeping capitalization above 10%.

Freedom Holding Corp. (NASDAQ: FRHC) reported strong financial results for FY2025, with revenue increasing 23% to $2.05 billion. The company saw growth across multiple segments: fee and commission income rose 15% to $505.0 million, interest income grew 4% to $864.5 million, and brokerage services income increased 29% to $430.1 million. Brokerage accounts grew 29% to 683,000, while bank clients doubled to 2.5 million. However, earnings per share decreased to $1.43 (basic) from $6.37 in FY2024, with net income at $84.5 million. The company's insurance segment performed exceptionally well, with underwriting income up 134% to $617.6 million. Freedom Holding expanded its ecosystem beyond finance into telecommunications and media, focusing on developing its Freedom SuperApp platform that integrates various financial and lifestyle services.

Freedom Holding Corp. (NASDAQ: FRHC) reported fiscal year 2025 results with revenue reaching $2.05B, up 23% from $1.67B in FY2024. Despite top-line growth, net income decreased to $84.5M ($1.40 per diluted share) from $375M in FY2024. The company saw significant customer growth across segments: retail brokerage customers increased to 683,000, bank customers grew to 2.5M, and insurance customers reached 1.17M. The Freedom SuperApp, launched in April 2024, achieved 1M monthly active users. Total assets rose to $9.9B from $8.3B, while employee count increased to 8,764. The company expanded into telecommunications with the $22.6M acquisition of Astel Group Ltd. and will be added to the Russell 3000® Index on June 27, 2025.

Freedom Holding Corp. (NASDAQ:FRHC) has been selected for inclusion in the Russell 3000® Index, effective after market close on June 27, 2025. The index tracks the performance of the largest 3,019 U.S. companies, representing approximately 98% of the investable U.S. equity market. The inclusion follows FRHC's strong financial performance, with revenues reaching $655 million in Q3 FY2025, marking a 56.5% year-over-year increase. The company serves over 7 million clients across 22 countries through its diversified operations in brokerage, banking, insurance, and fintech services.