FRHC financial statements
The full income statement, balance sheet, and cash-flow statement for Freedom Holding Corp. (FRHC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Revenue | 2.19B+9.3% | 2.00B+21.7% | 1.65B+106.1% | 799M+15.9% | 690M+98.9% | |
| Cost of revenue | 79.6M+154.6% | 31.3M+78.3% | 17.5M | 0.00 | — | |
| Selling, general & administrative | 222M+36.8% | 162M+34.4% | 121M+101.6% | 60.0M+154.8% | 23.5M+111.7% | |
| General & administrative | 222M+36.8% | 162M+34.4% | 121M+101.6% | 60.0M+154.8% | 23.5M+111.7% | |
| Amortization of intangibles | 8.19M+63.2% | 5.02M-35.6% | 7.80M+639.8% | 1.05M-8.0% | 1.15M+101.1% | |
| Interest expense | — | — | 501M+139.8% | 209M+171.5% | 76.9M+242.8% | |
| Interest & investment income | 882M+2.1% | 864M+4.4% | 828M+181.0% | 295M+142.3% | 122M+216.1% | |
| Net interest income | — | — | — | 85.7M+92.0% | 44.7M+178.6% | |
| Other non-operating income | — | — | — | — | -4.01M-97.3% | |
| Gain (loss) on equity securities | — | — | — | — | 166K | |
| Pre-tax income | 226M+116.1% | 105M-76.2% | 439M+86.0% | 236M-35.1% | 364M+110.2% | |
| Income tax | 72.6M+155.5% | 28.4M-53.0% | 60.4M+41.2% | 42.8M+10.9% | 38.6M+65.5% | |
| 153M+101.0% | 76.3M-79.9% | 379M+84.8% | 205M-9.8% | 227M+52.0% | ||
| Discontinued operations | — | 0.00 | 0.00-100.0% | 12.4M+111.9% | -104M-578.3% | |
| Net income to non-controlling interest | 0.00+100.0% | -129K+78.1% | -588K-231.8% | 446K+106.8% | -6.57M-1140.6% | |
| $2.51+99.2% | $1.26-80.3% | $6.39+85.2% | $3.45-10.2% | $3.84+50.0% | ||
| EPS (basic) | $2.56+100.0% | $1.28-80.1% | $6.43+83.7% | $3.50-8.9% | $3.84+50.0% | |
| Weighted-avg shares (basic) | 60.0M+1.0% | 59.4M+0.7% | 59.0M+0.6% | 58.6M-99.9% | 59.4B+1.7% | |
| Weighted-avg shares (diluted) | 61.1M+1.0% | 60.5M+1.9% | 59.4M-0.2% | 59.5M-99.9% | 59.4B+1.6% | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Cash & equivalents | 966M+15.4% | 837M+53.6% | 545M-6.2% | 581M+157.9% | 225M+33.6% | |
| Other current assets | — | — | — | — | 26.1M+67.1% | |
| 13.2B+32.7% | 9.92B+19.4% | 8.30B+63.3% | 5.08B+57.4% | 3.23B+53.8% | ||
| Property, plant & equipment | 358M+87.5% | 191M+130.2% | 83.0M+53.7% | 54.0M+203.1% | 17.8M+14.5% | |
| Operating lease right-of-use | 47.6M+19.5% | 39.8M+9.6% | 36.3M+19.7% | 30.3M+308.4% | 7.43M+60.6% | |
| Goodwill | 51.1M+4.1% | 49.1M-6.8% | 52.6M+271.0% | 14.2M+140.6% | 5.90M-23.4% | |
| Intangible assets | 73.3M+35.3% | 54.2M+13.7% | 47.7M+170.6% | 17.6M+241.2% | 5.16M+32.3% | |
| Deferred tax assets | — | — | — | — | 908K | |
| Accounts payable | — | — | — | — | 45.1M+104.9% | |
| Accrued liabilities | — | — | — | — | 238K+226.0% | |
| Finance lease liability (current) | — | — | — | — | 7.50M+56.0% | |
| 11.7B+34.2% | 8.69B+21.8% | 7.13B+65.4% | 4.31B+60.7% | 2.68B+47.1% | ||
| Operating lease liability (total) | 48.8M+20.5% | 40.5M+13.2% | 35.8M+18.1% | 30.3M+304.1% | 7.50M+56.0% | |
| Deferred tax liabilities | 6.55M+10467.7% | 62.0K-6.1% | 66.0K-90.5% | 694K | 0.00-100.0% | |
| 1.49B+21.6% | 1.22B+5.2% | 1.16B+49.7% | 777M+40.4% | 554M+99.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 61.0K+0.0% | 61.0K+1.7% | 60.0K+1.7% | 59.0K+0.0% | 59.0K+1.7% | |
| Additional paid-in capital | 315M+27.6% | 247M+34.2% | 184M+12.0% | 164M-6.1% | 175M+66.9% | |
| Retained earnings | 1.23B+14.2% | 1.08B+8.0% | 999M+54.3% | 647M+46.4% | 442M+111.8% | |
| Accumulated other comprehensive income | -56.9M+43.3% | -100M-430.1% | -18.9M+44.3% | -34.0M+46.1% | -63.1M-75.1% | |
| Non-controlling interest | 0.00-100.0% | 117K-96.5% | 3.31M+150.5% | -6.55M+6.4% | -7.00M-326.3% | |
| Total equity incl. non-controlling | 1.49B+21.6% | 1.22B+3.9% | 1.18B+50.4% | 784M+43.4% | 547M+77.7% | |
| Total liabilities & equity | 13.2B+32.7% | 9.92B+19.4% | 8.30B+63.3% | 5.08B+57.4% | 3.23B+53.8% | |
| Common shares issued | 61.3M+0.5% | 61.0M+1.1% | 60.3M+1.1% | 59.7M+0.2% | 59.5M+1.9% | |
| Common shares outstanding | 61.3M+0.5% | 61.0M+1.1% | 60.3M+1.1% | 59.7M+0.2% | 59.5M+1.9% | |
| Shares outstanding (cover) | 61.3M+0.1% | 61.2M+1.0% | 60.6M | — | 59.5M+0.1% | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 185M-89.0% | 1.68B+257.9% | -1.06B-11.8% | -952M-134.2% | -406M-176.8% | ||
| Depreciation & amortization | 34.6M+101.4% | 17.2M+17.5% | 14.6M+184.2% | 5.14M+50.4% | 3.42M+27.1% | |
| Intangible amortization | 8.19M+63.2% | 5.02M-35.6% | 7.80M+639.8% | 1.05M-8.0% | 1.15M+101.1% | |
| Share-based compensation | 68.0M+14.2% | 59.6M+162.3% | 22.7M+144.5% | 9.29M+18.2% | 7.86M+6793.9% | |
| Deferred income taxes | -12.4M+38.0% | -20.0M-1732.9% | 1.22M+220.3% | -1.02M+74.5% | -4.00M-367.0% | |
| Change in receivables | -52.4M+16.1% | -62.4M-194.2% | -21.2M+27.1% | -29.1M-1063.8% | -2.50M-57.4% | |
| -1.05B-15.9% | -905M-41.9% | -638M+56.4% | -1.46B-900.0% | -146M-2405.8% | ||
| Capital expenditure | 199M+145.7% | 80.9M+120.2% | 36.7M-4.7% | 38.5M+585.4% | 5.62M+270.4% | |
| Free cash flow | -13.5M-100.8% | 1.60B+245.3% | -1.10B-11.2% | -990M-140.4% | -412M-178.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 4.00M | 0.00 | |
| Proceeds from sale of PP&E | — | — | — | 0.00 | 0.00-100.0% | |
| 1.19B+75615.1% | -1.58M-100.1% | 1.67B-21.5% | 2.13B+244.9% | 619M+25.6% | ||
| Long-term debt issued | 784M+288.5% | 202M-2.3% | 206M+349.1% | 45.9M+248.1% | 13.2M+264.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 677K | 0.00-100.0% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 241M+276.0% | -137M-1223.8% | 12.2M-72.1% | 43.7M+409.1% | -14.1M-2862.7% | |
| Net change in cash | 568M-10.9% | 637M+3413.8% | -19.2M+90.5% | -203M-1880.7% | 11.4M-98.9% | |
| Interest paid | 453M-11.5% | 512M+7.9% | 475M+138.1% | 199M+426.7% | 37.9M+98.2% | |
| Income taxes paid | 81.3M+50.8% | 53.9M+77.8% | 30.3M-43.0% | 53.2M+19.6% | 44.5M+304.3% | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Market cap | 8.88B+9.8% | 8.09B+92.1% | 4.21B-1.8% | 4.29B+20.8% | 3.55B+11.8% | |
| P/E | 57.9×-45.4% | 106.0×+744.4% | 12.6×-39.9% | 20.9×+34.0% | 15.6×-26.4% | |
| P/S | 4.1×+0.4% | 4.0×+34.5% | 3.0×-44.1% | 5.4×+4.3% | 5.1×-43.8% | |
| P/B | 6.0×-9.7% | 6.6×+62.6% | 4.1×-26.3% | 5.5×-14.0% | 6.4×-44.0% | |
| P/FCF | — | 5.1× | — | — | — | |
| Earnings yield | 1.7%+83.1% | 0.94%-88.2% | 8.0%+66.4% | 4.8%-25.4% | 6.4%+35.9% | |
| FCF yield | — | 19.8% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K/A |
About this data
Source: FRHC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FRHC filings on SEC EDGAR → Not investment advice.
