Freedom Holding Corp. Reports Strong Financial Results for Q1 FY2026
Freedom Holding Corp., a leading financial services and technology group, has announced its unaudited financial results for the first quarter of fiscal year 2026, ending on June 30, 2025. The company reported a significant 17% year-over-year increase in revenue, reaching $533.4 million, showcasing the robustness and expansion of its multi-segment business model across various markets.
Key Financial Highlights for Q1 FY2026
- Total revenue: $533.4 million (+17% YoY)
- Net income attributable to common shareholders: $30.4 million
- Operating cash flow: $480.8 million
- Total assets: $9.69 billion
- Shareholders’ equity: $1.23 billion
The company witnessed a 60% increase in revenue from the banking segment, with Freedom Bank Kazakhstan’s customer base growing to 2.9 million. The insurance segment also contributed significantly to revenue growth, with premiums earned reaching $153.3 million. Additionally, the brokerage segment saw a 1% increase in revenue, driven by organic growth in the number of accounts.
Freedom Holding Corp. also reported a net gain on trading securities of $45.6 million, mainly attributed to the increase in the market value of Kazakhstan government bonds in the group’s portfolio.
Strategic Investments and Balance Sheet Highlights
During the quarter, the company completed the acquisition of Astel Group Ltd to strengthen its telecoms infrastructure. Total expenses for the quarter amounted to $492.9 million, with key components including interest expenses, fee and commission expenses, payroll, and advertising expenses.
Despite higher costs and foreign exchange challenges, Freedom Holding Corp. maintained a net profit of $30.4 million. The balance sheet highlights include cash and cash equivalents of $567.9 million, restricted cash of $1.1 billion, and an investment securities portfolio of $2.8 billion.
About Freedom Holding Corp.
Freedom Holding Corp. operates in 22 countries, providing financial services and digital solutions. The company’s diverse ecosystem includes banking, brokerage, insurance, and lifestyle segments. Freedom Holding Corp. shares are listed on NASDAQ, KASE, and AIX, and the company is regulated by the SEC.
Contact Information
For more information, please contact Natalia Kharlashina, Public Relations at Freedom Holding Corp., via email at [email protected]
