Freedom Holding Corp. (FRHC)

In the past six months, Freedom Holding Corp. announced Q2 FY2026 financial results with $526.1 million in total revenue and $38.7 million in net income. The company published its 2025 Sustainability Report and sponsored the Financial Times Global Banking Summit. Q3 FY2026 results showed $628.6 million in total revenue and $76.2 million in net income. Insider buying suggested management conviction. The stock experienced a selloff following the Q1 FY2026 earnings release due to the omission of consolidated revenue figures and regulatory scrutiny concerns. Lobbying disclosures revealed $80,000 in Q1 2026 spending. The company explored a common stock offering in Kazakhstan. BlackRock increased its stake to 0.85% in August/September 2025.

Specific demand seasonality data for Freedom Holding Corp.'s products and services is not readily available. Financial markets and services, in general, can exhibit seasonal patterns influenced by factors such as tax seasons, holiday periods, and broader economic cycles. Certain segments, like brokerage activity or banking services tied to consumer spending, might experience some level of seasonality.

Freedom Holding Corp. is an international investment and technology company operating as a holding company for various subsidiaries. It operates primarily within the Financial Services sector, including Brokers & Exchanges, Financial Conglomerates, and Diversified Financial Services. The company offers securities brokerage and dealing, investment services, banking, insurance, and technology and lifestyle solutions, including the Freedom SuperApp and Tradernet platform.

Freedom Holding Corp. has a broad international geographic footprint, with operations in 21 to 22 countries. Its main market and headquarters are in Almaty, Kazakhstan, with significant operations and administrative offices in Cyprus and the United States. It also operates in the United Kingdom, Armenia, the United Arab Emirates, Uzbekistan, Kyrgyzstan, Tajikistan, Azerbaijan, Turkey, Austria, Bulgaria, France, Germany, Greece, Italy, Lithuania, The Netherlands, Poland, and Spain.

Freedom Holding Corp. published its 2025 Sustainability Report, highlighting ESG investments. The company sponsored the Financial Times Global Banking Summit and partnered with NVIDIA and OpenAI to establish Kazakhstan's National AI Center. Evgenii Tiapkin, Freedom24's Executive Director, was featured in Forbes Cyprus. The company faced renewed regulatory scrutiny concerns, contributing to a stock price decline.

Timur Turlov, the founder and CEO of Freedom Holding Corp., is the major individual shareholder. BlackRock, Inc. is the second-largest shareholder. Other significant institutional owners include State Street Corp., First Trust Advisors Lp, Geode Capital Management, Llc, Morgan Stanley, Aqr Capital Management Llc, Jpmorgan Chase & Co, Vanguard Group Inc, Millennium Management Llc, and Susquehanna International Group, Llp.