Freedom Holding Corp. Reports 40% Increase in Quarterly Revenue to $732.5 Million
Freedom Holding Corp. reported a 40% year-over-year increase in net revenue to $732.5 million, driven by strong growth in its brokerage and banking segments. Despite the top-line surge, net income fell 15% to $31.7 million as total expenses climbed 45%, primarily due to higher insurance claims and payroll costs.
Key figures
- Eps
- 0.52
- Revenue
- $732.5 million
- Revenue Yoy
- 40%
- Net income
- 31700000
- Total assets
- 14050000000
- Total expenses
- 691700000
- Banking revenue
- 225200000
- Interest income
- 295100000
- Banking deposits
- 3030000000
- Brokerage revenue
- 282600000
- Shareholders equity
- 1540000000
- Cash and restrictions
- 2820000000
- Fee commission income
- 156700000
- Trading securities gains
- 79800000
AI analysis
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