Freedom(NASDAQ) FRHC

Freedom Holding Corp. helps people buy stocks and manage their money through mobile apps. The company makes global financial markets accessible to everyday customers in Central Asia and Europe. It also provides banking and insurance services through a single digital platform.

A Broad Financial Menu

• Interest Income: Revenue earned from margin loans and customer lending; accounted for 40% of total revenue, net in the three months ended June 30, 2026.
• Fee and Commission Income: Money collected for brokerage services and payment processing; accounted for 21% of total revenue, net in the three months ended June 30, 2026.
• Insurance Revenue: Premiums from life and general insurance contracts in Kazakhstan; accounted for 17% of total revenue, net in the three months ended June 30, 2026.
• Trading Gains: Profits made from the company's own investments in debt and equity securities; accounted for 11% of total revenue, net in the three months ended June 30, 2026.
• Goods and Services: Sales from telecommunications, e-commerce, and ticketing; accounted for 6% of total revenue, net in the three months ended June 30, 2026.

Growing the Global Footprint

• Purchased approximately 99.32% of Turkish Bank A.S. on July 31, 2026, to expand banking operations into Türkiye.
• Obtained a brokerage license in the United Arab Emirates in Dec. 2025 to serve customers in the Middle East.
• Partnered with the Kazakhstan government in Nov. 2025 to develop a sovereign artificial intelligence hub for $2 billion.
• Expanded into the telecommunications sector through the acquisition of Freedom Cloud Holding.

Intelligence Powers the Platform

Freedom operates a proprietary digital ecosystem that links banking, insurance, and lifestyle services through the Freedom SuperApp. This system uses artificial intelligence and government data to automate credit checks and reduce the time needed to open new accounts.

The Numbers Behind the Business

• Total revenue, net was $732.5 million for the three months ended June 30, 2026, up 40% year over year.
• Interest income rose to $295.1 million in the three months ended June 30, 2026, up 49% year over year.
• Net income was $31.7 million in the three months ended June 30, 2026, down 15% year over year.
• Total assets reached $14.0 billion as of June 30, 2026, an increase from $13.2 billion on March 31, 2026.
• Fee and commission income from brokerage services grew 60% year over year to $164.3 million in the three months ended June 30, 2026.

Evolution into a Fintech Giant

Freedom has transformed from a retail brokerage into a diversified financial technology provider across multiple continents. Its strategy focuses on integrating banking and insurance into a single digital ecosystem to serve a growing global customer base.