Freedom Holding Corp. Reports 23% Revenue Increase to $2.05 Billion, Net Income at $84.5 Million, EPS Drops to $1.43 for Fiscal Year 2025

Reuters
2025/06/15
Freedom Holding Corp. Reports 23% Revenue Increase to $2.05 Billion, Net Income at $84.5 Million, EPS Drops to $1.43 for Fiscal Year 2025

Freedom Holding Corp. $(FRHC)$ has reported a robust financial performance for the fiscal year ended March 31, 2025. The diversified financial group, which operates in 22 countries, announced a 23% increase in total revenue, reaching $2.05 billion, compared to $1.67 billion the previous year. This growth was primarily driven by heightened activity in its brokerage and insurance segments, alongside increased interest income from margin and customer loans. The company's net income for the year was $84.5 million. Earnings per share were reported at $1.43 (basic) and $1.40 (diluted), a notable decrease from the $6.37 (basic) and $6.33 (diluted) reported in fiscal 2024. Fee and commission income saw a 15% increase, totaling $505.0 million, with brokerage services income rising by 29% to $430.1 million. Interest income also rose by 4%, reaching $864.5 million, fueled by increased margin lending to retail clients and an expanded loan portfolio at Freedom Bank KZ. The company experienced significant customer growth, with brokerage accounts reaching 683,000, a 29% year-on-year increase, and active accounts increasing by 57% to over 151,000. The number of bank clients more than doubled to 2.5 million, and insurance customers reached 1.17 million, indicating a strong demand for integrated financial services. Freedom Holding Corp. continues to progress on its strategy to transition from a collection of financial products to a unified ecosystem, aiming to touch nearly every aspect of its customers' financial lives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freedom Holding Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN10568) on June 15, 2025, and is solely responsible for the information contained therein.

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