Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services. The company offers investment brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; Margin Lending services collateralized by securities and cash in the customer's account; various investment education and training courses; and investment research services. It also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; and debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations. In addition, the company is involved in trading, investment, and brokerage activities. Further, it acts as an intermediary between borrowers and lenders of short-term funds and provide funding for various inventory positions; and employs repurchase and reverse repurchase agreements in proprietary trading activities. Additionally, the company offers Tradernet software platform for client margin risk evaluation and for middle office security transfer requests. It operates in Kazakhstan, Kyrgyzstan, Russia, Ukraine, Uzbekistan, Germany, Azerbaijan, and Cyprus. The company was formerly known as BMB Munai, Inc. and changed its name to Freedom Holding Corp. Freedom Holding Corp. was incorporated in 1981 and is headquartered in Almaty, Kazakhstan.
IPO Year:
Exchange: NASDAQ
Website: freedomholdingcorp.com
10-Q - Freedom Holding Corp. (0000924805) (Filer)
10-Q - Freedom Holding Corp. (0000924805) (Filer)
8-K - Freedom Holding Corp. (0000924805) (Filer)
10-Q - Freedom Holding Corp. (0000924805) (Filer)
DEFA14A - Freedom Holding Corp. (0000924805) (Filer)
DEF 14A - Freedom Holding Corp. (0000924805) (Filer)
10-K - Freedom Holding Corp. (0000924805) (Filer)
8-K - Freedom Holding Corp. (0000924805) (Filer)
NT 10-K - Freedom Holding Corp. (0000924805) (Filer)
8-K - Freedom Holding Corp. (0000924805) (Filer)
NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Freedom Holding Corp. (NASDAQ:FRHC), a U.S.-based financial services company, has announced its financial results for the quarter ended December 31, 2024. The holding company reported a 57% increase in total revenue, with revenues reaching $655.2 million compared to $418.6 million in the same quarter of 2023. Total assets increased to $9.1 billion from $8.3 billion as of March 31, 2024. The company's revenue has surged due to the increase of net gain on trading securities, which has risen from a $5.1 million loss to a $89.6 million gain. Additionally, company's performance was significantly bolstered by its insurance underwriti
Company Continues Top Line Growth Trend with $655 Million in Reported Revenue Freedom Holding Corp. (the "Company") (NASDAQ:FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their third quarter and first nine months of fiscal 2025. Highlights include the following: $655 million in revenue for the quarter Net income of $1.29 earnings per share, diluted, and $1.32 earnings per share, basic Total expenses of $557 million $9.1 billion in total assets 55% increase in overall customer base to 3.2 million $225 million in interest income, $178 million in insura
ISTANBUL, TR / ACCESSWIRE / January 14, 2025 / Freedom Holding Corp., a Nasdaq-listed diversified financial services company, is establishing a new brokerage firm in Turkey. The Capital Markets Board of Turkey, the country's regulatory authority, has decided to grant a license to Freedom Financial Services Inc., a subsidiary of Freedom Holding, to establish the new brokerage company, Freedom Yatirim Menkul Degerler JSC.Freedom Holding Corp.At the end of 2024, the CEO and founder of Freedom Holding, Timur Turlov, announced the company's plans to enter the brokerage services market in Turkey during 2025.Turlov stated that the company's advanced technology, which has been instrumental in its su
LD Micro, a wholly owned subsidiary of Freedom U.S. Markets LLC and an unparalleled name in the small- and micro-cap sphere, announces the return of the 15th Annual Invitational to New York. This premier event will take place at The Westin Grand Central on April 9 and 10, 2025. This year's Invitational will be action-packed with two full days of dynamic company presentations and one-on-one meetings. We'll also be showcasing compelling keynotes, insightful panels, and lively nightly entertainment. Register or apply to present here. "As we approach the 15th Annual Invitational, I am pleased to reaffirm our commitment to providing a distinguished platform for the small- and micro-cap sec
NEW YORK CITY, NEW YORK / ACCESSWIRE / January 9, 2025 / Freedom Holding Corp. is proud to have sponsored the 2024 FIDE World Blitz Championship. This major chess event was held at the famous venue - Cipriani Wall Street. The championship featured thrilling matches between the world's top Grandmasters, showcasing the enduring synergy between chess and innovation. Magnus Carlsen and Ian Nepomniachtchi shared the Open title after an exciting series of matches, ending with an historic decision to split the crown. Ju Wenjun won the Women's Blitz Championship, beating Lei Tingjie in a nail-biting final. The tournament, which was held to celebrate 100 years of FIDE, took two years to organize and
Approximately 300 elite chess players from around the world have registered for the upcoming world tournament in New York City. This holiday season, New York City's financial district will transform into a battleground for the world's greatest chess minds in the 2024 FIDE World Rapid & Blitz Chess Championship. The tournament, sponsored by Freedom Holding Corp. (NASDAQ:FRHC), will be held December 26-31 featuring fast-paced, high-stakes games and not the typical hours-long battles. This six-day event will showcase elite chess players from every continent as they converge on the heart of Wall Street. A prize fund of nearly $1.5 million will be presented at the tournament. This year's eve
NEW YORK CITY, NEW YORK / ACCESSWIRE / December 13, 2024 / S&P Global Ratings has upgraded the credit ratings of four key subsidiaries of Freedom Holding Corp., the Nasdaq-listed U.S.-based diversified financial services company. The international rating agency has raised the long-term issuer credit ratings of Freedom Finance, a Kazakhstan-based market broker; Freedom Finance Global, a company providing access to international markets; Freedom Finance Europe, a European broker; and Freedom Bank Kazakhstan, from 'B' to 'B+' and affirmed their short-term ratings at 'B.' The rating of Freedom Holding Corp. itself was affirmed at 'B-' with a 'stable' outlook."This upgrade reflects the efforts an
Wall Street Gambit on December 29 fuses chess and finance with speakers and opportunity to play chess legends The 2024 FIDE World Rapid & Blitz Championships is taking the fusion of chess and finance to the next level with the introduction of Wall Street Gambit, a one-of-a-kind chess and finance conference that'll be held on Sunday, December 29, at Cipriani 55 Wall Street. Wall Street Gambit features an exceptional lineup of keynote speakers and a unique opportunity to play blitz against legends Magnus Carlsen, Viswanathan Anand and Fabiano Caruana, as well as a tournament for attendees and a networking cocktail hour. "I personally believe that chess and finance are very close to each
Most of the World's Top Chess Players Compete in Electrifying Rapid Format for the Most Thrilling Chess Event of the Year One of the most popular and prestigious chess tournaments held by the International Chess Federation (FIDE), the World Rapid & Blitz, will be held in North America for the first time ever. The championship, attracting 300 of the best players from around the world, will take place in New York City's financial district on December 26-31, 2024. This six-day event will showcase elite chess players from every continent as they converge on the heart of Wall Street. A prize fund of nearly $1.5 million will be presented at the tournament. Freedom Holding Corp. (NASDAQ:FRHC),
A Record Quarter for the Company with $581 Million in Revenue ReportedALMATY, KAZAKHSTAN / ACCESSWIRE / November 8, 2024 / Freedom Holding Corp. (the "Company") (NASDAQ:FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their second quarter and first six months of fiscal 2025. Highlights include the following:$581 million in revenue for the quarterNet income of $115 million, or $1.89 earnings per share, diluted, and $1.93 earnings per share, basicOperating expenses of $452 million$8.8 billion in assets at the end of the quarterInsurance underwriting segment lead revenue grow
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4/A - Freedom Holding Corp. (0000924805) (Issuer)
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Citigroup Veteran Named Freedom Executive Vice President Appointment Recognizes Leadership and Contributions to Future Growth 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 will play a pivotal role in all strategic initiatives as we continue to expand Freedom's U.S. footprint and offerings. His experience analyzing equity transactions at Citi will also be very beneficial as we build out our inves
Board Approves Independent Registered Accounting Firm to Conduct Annual Audit for the 2023 Fiscal Year 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. Deloitte, which had previously performed audits for certain Freedom Holding Corp. subsidiaries, replaces WSRP, LLC, a U.S.-based accounting firm. About Freedom Holding: Freedom Holding Corp. provides financial services, retail financial securities brokerage, investment counseli
NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Freedom Holding Corp. (NASDAQ:FRHC), a U.S.-based financial services company, has announced its financial results for the quarter ended December 31, 2024. The holding company reported a 57% increase in total revenue, with revenues reaching $655.2 million compared to $418.6 million in the same quarter of 2023. Total assets increased to $9.1 billion from $8.3 billion as of March 31, 2024. The company's revenue has surged due to the increase of net gain on trading securities, which has risen from a $5.1 million loss to a $89.6 million gain. Additionally, company's performance was significantly bolstered by its insurance underwriti
Company Reports Record Year, With 105% Increase in Reported RevenuesALMATY, KAZAKHSTAN / ACCESSWIRE / June 14, 2024 / Freedom Holding Corp. (NASDAQ:FRHC) ("Freedom", or the "Company"), a multi-national diversified financial services holding company with a presence through its subsidiaries in 20 countries, today announced its financial results for the 12 months ended March 31, 2024, or fiscal 2024. Fiscal 2024 Highlights:Revenue totaled approximately $1.6 billion compared to $796 million for the prior fiscal year, an increase of 105%, primarily attributable to an increase in interest income, fee and commission income, and insurance underwriting income.Fee and commission income was $440 mill
Company Reports Record Year, With 105% Increase in Reported Revenues Freedom Holding Corp. (NASDAQ:FRHC) ("Freedom", or the "Company"), a multi-national diversified financial services holding company with a presence through its subsidiaries in 20 countries, today announced its financial results for the twelve months ended March 31, 2024, or fiscal 2024. Commenting on the results, Timur Turlov, the Company's founder and chief executive officer, stated: "I am pleased to report that fiscal 2024 has been a record year for our company, both from a revenue and earnings perspective. Our core brokerage and banking businesses constituted approximately 75% of our revenue for the period and we c
Purchase Will Bring e-Commerce Grocery Sales to the Freedom Group 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 Astana, Kazakhstan. It has become a flagship marketplace in Kazakhstan's food-tech industry. "As one of the largest domestic Internet websites in Kazakhstan, the Arbuz startup is a
Purchase brings pre-eminent small-cap platform to the Freedom family 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. LD Micro offers two premier small-cap conferences annually, the Invitational: June 6-8 (Los Angeles) and the Main Event: October 3-5 (Los Angeles), which hosts over 200 companies and 1,000 investors. For the past 15 years, the LD Micro conferences have showcased the next big names in the small-cap world to investors and i