Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 2.0B
Gross Profit 1.1B 52.61%
Operating Income 631.8M 31.07%
Net Income 84.5M 4.16%

Balance Sheet Metrics

Total Assets 8.3B
Total Liabilities 7.1B
Shareholders Equity 1.2B
Debt to Equity 6.11

Cash Flow Metrics

Operating Cash Flow -1.1B
Free Cash Flow -1.1B

Revenue & Profitability Trend

Freedom Holding Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue 2.0B 1.6B 795.7M 689.8M 346.9M
Cost of Goods Sold 963.6M 474.9M 224.8M 186.6M 146.4M
Gross Profit 1.1B 1.2B 570.9M 503.1M 200.5M
Operating Expenses 375.6M 216.2M 100.3M 217.6M 100.1M
Operating Income 631.8M 922.7M 441.4M 444.7M 177.9M
Pre-tax Income 112.9M 435.4M 235.9M 363.7M 151.8M
Income Tax 28.4M 60.4M 42.8M 38.6M 23.3M
Net Income 84.5M 375.0M 205.6M 220.9M 150.3M
EPS (Diluted) - $6.33 $3.45 $3.84 $2.56

Income Statement Trend

Freedom Holding Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 8.1B 5.0B 3.2B 2.1B 425.3M
Non-Current Assets 228.0M 125.9M 42.1M 38.6M 28.2M
Total Assets 8.3B 5.1B 3.2B 2.1B 453.5M
Liabilities
Current Liabilities 6.0B 3.6B 2.5B 1.8B 227.8M
Non-Current Liabilities 1.1B 675.8M 178.7M 63.2M 96.7M
Total Liabilities 7.1B 4.3B 2.7B 1.8B 324.5M
Equity
Total Shareholders Equity 1.2B 770.7M 546.6M 275.7M 129.0M

Balance Sheet Composition

Freedom Holding Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 375.0M 193.2M 325.1M 128.5M 24.2M
Operating Cash Flow -1.1B -889.4M -35.5M 983.5M 38.5M
Investing Activities
Capital Expenditures -43.8M -38.5M -5.6M -1.5M -2.0M
Investing Cash Flow -638.2M -833.5M -141.9M 8.6M -9.8M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow 1.7B 2.1B 980.7M 741.5M -791.0K
Free Cash Flow -1.1B -990.2M -412.0M 527.9M 80.6M

Cash Flow Trend

Freedom Holding Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 98.78
Forward P/E 30.73
Price to Book 6.95
Price to Sales 5.79
PEG Ratio 30.73

Profitability Ratios

Profit Margin 5.79%
Operating Margin -96.16%
Return on Equity 7.10%
Return on Assets 0.93%

Financial Health

Current Ratio 1.32
Debt to Equity 160.86
Beta 1.16

Per Share Data

EPS (TTM) $1.40
Book Value per Share $19.91
Revenue per Share $24.63

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
frhc 8.5B 98.78 6.95 7.10% 5.79% 160.86
Voya Financial 6.6B 12.79 1.50 9.89% 7.18% 77.43
Hilltop Holdings 1.9B 15.16 0.87 6.30% 10.56% 1.09
LendingTree 491.4M -11.50 4.74 -46.84% -5.67% 546.87
B. Riley Financial 90.9M 17.67 -0.21 -3,385.42% -100.28% -5.19
Berkshire Hathaway 1.0T 12.90 1.60 13.19% 21.79% 19.18

Financial data is updated regularly. All figures are in the company's reporting currency.