Summary:
1. Freedom Holding Corp. reported a 23% increase in revenue to $2.05 billion for the fiscal year ended March 31, 2025, driven by growth in brokerage and insurance segments.
2. The company’s digital ecosystem strategy showed significant progress, with total assets reaching $9.9 billion and strong customer growth across all sectors.
3. CEO Timur Turlov highlighted the successful transition to a unified financial ecosystem and emphasized continued investments in technology and geographic expansion.
Article:
Freedom Holding Corp., a diversified financial group operating in 22 countries, recently announced its financial results for the fiscal year ending March 31, 2025. The company reported a notable 23% increase in revenue, reaching $2.05 billion, compared to $1.67 billion in the previous year. This growth was attributed to heightened activity in brokerage and insurance segments, as well as increased interest income from margin and customer loans, reflecting the expansion of the company’s diverse financial ecosystem.
Timur Turlov, the founder and CEO of Freedom Holding Corp., expressed satisfaction with the company’s performance, stating, “Our 2025 results show that the strategy we’ve been building for years is paying off.” He emphasized the successful transition from a collection of financial products to a unified ecosystem that caters to various aspects of customers’ financial lives. Turlov also highlighted the company’s strong operational growth and exciting prospects for the future.
The company’s fiscal 2025 highlights include a 15% increase in fee and commission income, totaling $505.0 million, driven by a surge in income from brokerage services. Interest income also rose to $864.5 million, supported by margin lending to retail clients and an expanded loan portfolio at Freedom Bank KZ. Despite a decline in income from trading securities due to market volatility, the company’s overall financial performance remained robust.
Furthermore, Freedom Holding Corp. saw significant growth in its customer base, with brokerage accounts reaching 683,000, active accounts surging by 57%, and the number of bank clients more than doubling to 2.5 million. The insurance segment emerged as a top performer, with underwriting income increasing by 134% to $617.6 million, driven by strong demand for pension and accident insurance products.
In addition to its core financial services, Freedom Holding Corp. expanded its telecommunications business and launched new media projects in 2024. These initiatives are part of a broader plan to develop a comprehensive digital ecosystem centered around the company’s flagship Freedom SuperApp, integrating investing, banking, payments, and lifestyle services on a single platform.
Looking ahead, the company remains focused on scaling its technology, expanding geographically, and enhancing customer experience through artificial intelligence and product personalization. Turlov emphasized the importance of connected ecosystems in shaping the future of finance, stating, “We’re building infrastructure for how people live, spend, save, and grow.”
With a market capitalization exceeding $8 billion as of March 31, 2025, Freedom Holding Corp. continues to be a key player in the financial services industry, regulated by the U.S. Securities and Exchange Commission (SEC). The company’s commitment to innovation, growth, and customer-centric services positions it well for future success in the ever-evolving financial landscape.
