Financial Snapshot

Revenue
$1.784B
TTM
Gross Margin
78.45%
TTM
Net Earnings
$341.8M
TTM
Current Assets
$4.570B
Q2 2024
Current Liabilities
$6.136B
Q2 2024
Current Ratio
74.49%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$1.152B
Q2 2024
Cash
Q2 2024
P/E
17.30
Sep 13, 2024 EST
Free Cash Flow
$646.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $1.635B $795.7M $564.7M $352.6M $121.9M $78.40M $52.70M $17.20M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $69.60M $60.20M $15.80M $6.000M $1.000M $0.00 $100.0K $0.00 $300.0K $700.0K $1.500M $3.100M
YoY Change 105.49% 40.91% 60.16% 189.21% 55.49% 48.77% 206.4% -100.0% 15.61% 281.01% 163.33% 500.0% -100.0% -100.0% -57.14% -53.33% -51.61%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $1.635B $795.7M $564.7M $352.6M $121.9M $78.40M $52.70M $17.20M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $69.60M $60.20M $15.80M $6.000M $1.000M $0.00 $100.0K $0.00 $300.0K $700.0K $1.500M $3.100M
Cost Of Revenue $293.9M $143.0M $81.23M $73.10M $21.90M $6.200M $2.100M $300.0K $14.80M $5.500M $2.300M $900.0K $400.0K $0.00
Gross Profit $1.373B $665.4M $520.2M $275.9M $97.80M $72.20M $50.70M $16.80M $54.80M $54.70M $13.50M $5.100M $600.0K $0.00
Gross Profit Margin 83.95% 83.62% 92.12% 78.26% 80.23% 92.09% 96.2% 97.67% 78.74% 90.86% 85.44% 85.0% 60.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Selling, General & Admin $397.2M $182.1M $102.3M $46.07M $500.0K $100.0K $1.500M $3.000M $20.30M $10.00M $9.300M $30.90M $14.70M $10.80M $9.700M $4.100M $800.0K $1.800M $200.0K $400.0K $600.0K $1.500M $3.700M
YoY Change 118.06% 78.09% 122.02% 400.0% -93.33% -50.0% -85.22% 103.0% 7.53% -69.9% 110.2% 36.11% 11.34% 136.59% 412.5% -55.56% 800.0% -50.0% -33.33% -60.0% -59.46%
% of Gross Profit 28.93% 27.38% 19.66% 16.7% 56.39% 26.87% 80.0% 190.2% 683.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.806M $4.083M $3.117M $2.615M $1.407M $2.030M $230.0K $200.0K $0.00 $0.00 $100.0K $120.0K $100.0K $90.00K $100.0K $10.73M $9.660M $2.180M $1.300M $300.0K $10.00K $0.00 $10.00K $1.170M $200.0K $240.0K
YoY Change 66.69% 30.99% 19.2% 85.86% -30.69% 782.61% 15.0% -100.0% -16.67% 20.0% 11.11% -10.0% -99.07% 11.08% 343.12% 67.69% 333.33% 2900.0% -100.0% -99.15% 485.0% -16.67%
% of Gross Profit 0.5% 0.61% 0.6% 0.95% 1.44% 2.81% 0.45% 1.19% 19.58% 17.66% 16.15% 25.49% 50.0%
Operating Expenses $404.7M $207.8M $165.2M $77.43M $59.99M $43.40M $19.20M $9.500M $500.0K $100.0K $1.600M $3.100M $20.40M $10.10M $9.400M $42.10M $24.70M $13.10M $11.00M $4.400M $800.0K $1.800M $200.0K $400.0K $1.700M $1.700M $3.900M
YoY Change 94.73% 25.79% 113.36% 29.08% 38.23% 126.04% 102.11% 1800.0% 400.0% -93.75% -48.39% -84.8% 101.98% 7.45% -77.67% 70.45% 88.55% 19.09% 150.0% 450.0% -55.56% 800.0% -50.0% -76.47% 0.0% -56.41%
Operating Profit $968.0M $457.6M $355.0M $198.5M $37.81M $28.80M $31.50M $7.300M $12.70M $30.00M $400.0K -$5.900M -$3.800M -$800.0K
YoY Change 111.57% 28.9% 78.86% 424.9% 31.28% -8.57% 331.51% -57.67% 7400.0% -106.78% 55.26% 375.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Interest Expense $501.1M $208.9M $75.90M $27.37M $12.40M -$18.80M -$11.80M -$1.600M $0.00 $0.00 $0.00 $0.00 -$3.600M -$6.400M -$4.600M $1.900M $1.300M $1.600M $700.0K $500.0K $300.0K $0.00 $0.00 $0.00 -$100.0K $400.0K -$100.0K
YoY Change 139.83% 175.3% 177.35% 120.71% -165.95% 59.32% 637.5% -100.0% -43.75% 39.13% -342.11% 46.15% -18.75% 128.57% 40.0% 66.67% -100.0% -125.0% -500.0%
% of Operating Profit 51.77% 45.67% 21.38% 13.79% 32.79% -65.28% -37.46% -21.92% 14.96% 4.33% 400.0%
Other Income/Expense, Net -$4.014M $68.00K $609.0K $0.00 $0.00 $0.00 $0.00 $0.00 $1.600M -$100.0K -$100.0K $0.00 $100.0K $0.00
YoY Change -6002.94% -88.83% -100.0% -1700.0% 0.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Pretax Income $435.4M $235.9M $236.9M $173.0M $28.13M $8.500M $19.70M $5.800M -$500.0K -$100.0K -$1.600M -$3.100M -$24.00M -$16.50M -$14.00M $16.10M $31.20M $1.900M -$5.300M -$3.300M -$500.0K -$1.700M $600.0K -$700.0K -$2.400M $100.0K -$900.0K
YoY Change 84.53% -0.4% 36.92% 515.04% 230.96% -56.85% 239.66% -1260.0% 400.0% -93.75% -48.39% -87.08% 45.45% 17.86% -186.96% -48.4% 1542.11% -135.85% 60.61% 560.0% -70.59% -383.33% -185.71% -70.83% -2500.0% -111.11%
Income Tax $60.42M $42.78M $25.53M $30.10M $6.002M $1.400M $300.0K -$500.0K $0.00 -$100.0K $0.00 $0.00 $0.00 -$1.400M -$3.300M -$1.000M -$100.0K -$300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$100.0K
% Of Pretax Income 13.88% 18.13% 10.77% 17.4% 21.34% 16.47% 1.52% -8.62% -6.21% -0.32% -15.79% 0.0% 0.0%
Net Earnings $375.5M $205.1M $217.9M $142.3M $24.84M $7.100M $19.20M $6.300M -$500.0K $0.00 -$1.600M -$3.100M -$139.2M $4.900M $9.000M $17.20M $31.30M $2.200M -$5.300M -$3.300M -$600.0K -$1.700M $400.0K -$2.300M -$3.600M -$400.0K $0.00
YoY Change 83.07% -5.87% 53.16% 472.91% 249.82% -63.02% 204.76% -1360.0% -100.0% -48.39% -97.77% -2940.82% -45.56% -47.67% -45.05% 1322.73% -141.51% 60.61% 450.0% -64.71% -525.0% -117.39% -36.11% 800.0%
Net Earnings / Revenue 22.97% 25.78% 38.6% 40.36% 20.37% 9.06% 36.43% 36.63% 24.71% 51.99% 13.92% -88.33% -330.0% -1700.0% -766.67% -514.29% -26.67% 0.0%
Basic Earnings Per Share $6.37 $3.50 $3.56 $2.45 $0.38
Diluted Earnings Per Share $6.33 $3.45 $3.56 $2.45 $0.38 $122.0K $574.9K $562.5K -$51.02K $0.00 -$727.3K -$1.409M -$63.27M $2.333M $4.500M $9.053M $17.39M $1.222M -$3.786M -$3.000M -$1.000M -$104.5M $49.31M -$412.6M -$2.908B -$526.8M -$1.662B

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Cash & Short-Term Investments $545.1M $581.4M $626.4M $698.8M $63.20M $50.00M $65.70M $22.60M $100.0K $400.0K $8.600M $10.50M $3.400M $400.0K $3.000M $6.800M $17.20M $12.20M $51.10M $10.80M $5.000M $100.0K $2.500M $0.00 $100.0K $20.20M $38.00M
YoY Change -6.25% -7.18% -10.37% 1005.74% 26.4% -23.9% 190.71% 22500.0% -75.0% -95.35% -18.1% 208.82% 750.0% -86.67% -55.88% -60.47% 40.98% -76.13% 373.15% 116.0% 4900.0% -96.0% -100.0% -99.5% -46.84%
Cash & Equivalents $545.1M $581.4M $626.4M $698.8M $63.20M $50.00M $65.70M $22.60M $100.0K $400.0K $8.600M $10.50M $3.400M $400.0K $1.700M $4.400M $17.20M $12.20M $18.00M $10.00M $2.100M $100.0K $2.500M $0.00 $100.0K $300.0K $2.900M
Short-Term Investments $0.00 $1.300M $2.400M $0.00 $33.10M $800.0K $2.900M $19.90M $35.20M
Other Short-Term Assets $565.1M $518.6M $587.0M $457.1M $74.30M $41.90M $26.50M $13.50M $8.600M $0.00 $0.00 $37.60M $18.30M $13.90M $3.100M $3.500M $2.100M $1.300M $3.000M $500.0K $0.00 $0.00 $0.00 $4.000M $0.00 $100.0K
YoY Change 8.95% -11.65% 28.43% 515.16% 77.33% 58.11% 96.3% 56.98% -100.0% 105.46% 31.65% 348.39% -11.43% 66.67% 61.54% -56.67% 500.0% -100.0% -100.0%
Inventory $3.200M $3.200M $200.0K
Prepaid Expenses
Receivables $3.100M $5.900M $4.000M $1.700M $100.0K $0.00 $0.00 $0.00 $100.0K $700.0K $900.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.000M $1.100M $1.300M
Total Short-Term Assets $4.152B $2.303B $1.666B $1.232B $261.6M $168.2M $125.9M $36.70M $8.700M $400.0K $8.600M $10.50M $41.20M $18.90M $16.90M $12.90M $26.50M $18.20M $57.30M $17.10M $5.700M $100.0K $2.500M $100.0K $5.200M $22.00M $40.30M
YoY Change 80.32% 38.21% 35.19% 371.09% 55.53% 33.6% 243.05% 321.84% 2075.0% -95.35% -18.1% -74.51% 117.99% 11.83% 31.01% -51.32% 45.6% -68.24% 235.09% 200.0% 5600.0% -96.0% 2400.0% -98.08% -76.36% -45.41%
Property, Plant & Equipment $119.3M $84.36M $38.16M $31.65M $20.90M $5.600M $2.600M $1.100M $0.00 $0.00 $0.00 $100.0K $200.0K $200.0K $200.0K $248.6M $186.2M $103.0M $61.30M $49.90M $6.800M $0.00 $0.00 $0.00 $1.200M $1.400M
YoY Change 41.45% 121.1% 20.56% 51.42% 273.21% 115.38% 136.36% -100.0% -50.0% 0.0% 0.0% -99.92% 33.51% 80.78% 68.03% 22.85% 633.82% -100.0% -14.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.905B $2.652B $1.442B $737.0M $164.4M $168.7M $212.8M $81.60M $0.00 $2.200M $3.600M $5.600M $3.500M
YoY Change 47.26% 83.88% 95.69% 348.29% -2.55% -20.72% 160.78% -100.0% -38.89% -35.71% 60.0%
Other Assets $0.00 $12.07M $0.00 $600.0K $1.300M $800.0K $1.000M $0.00 $301.4M $275.1M $26.80M $42.10M $23.60M $7.900M $1.300M $0.00 $300.0K $100.0K $100.0K
YoY Change -100.0% -100.0% -53.85% 62.5% -20.0% -100.0% 9.56% 926.49% -36.34% 78.39% 198.73% 507.69% 200.0% 0.0%
Total Long-Term Assets $4.150B $2.782B $1.512B $786.3M $191.9M $182.7M $225.0M $84.70M $0.00 $0.00 $0.00 $100.0K $200.0K $301.6M $275.4M $275.4M $228.3M $126.6M $69.30M $51.10M $6.800M $0.00 $700.0K $3.000M $4.500M $7.400M $8.400M
YoY Change 49.17% 84.05% 92.23% 309.74% 5.04% -18.8% 165.64% -100.0% -50.0% -99.93% 9.51% 0.0% 20.63% 80.33% 82.68% 35.62% 651.47% -100.0% -76.67% -33.33% -39.19% -11.9%
Total Assets $8.302B $5.085B $3.177B $2.019B $453.5M $350.9M $350.9M $121.4M $8.700M $400.0K $8.600M $10.60M $41.40M $320.5M $292.3M $288.3M $254.8M $144.8M $126.6M $68.20M $12.50M $100.0K $3.200M $3.100M $9.700M $29.40M $48.70M
YoY Change
Accounts Payable $867.9M $126.5M $45.23M $23.88M $8.800M $32.90M $9.000M $500.0K $100.0K $0.00 $100.0K $400.0K $0.00 $800.0K $200.0K $21.80M $21.40M $8.500M $3.600M $6.100M $300.0K $0.00 $0.00 $0.00 $0.00 $800.0K $0.00
YoY Change 585.95% 179.73% 89.42% 171.34% -73.25% 265.56% 1700.0% 400.0% -100.0% -75.0% -100.0% 300.0% -99.08% 1.87% 151.76% 136.11% -40.98% 1933.33% -100.0%
Accrued Expenses $15.66M $4.970M $2.120M $1.623M $1.000M $1.300M $0.00 $0.00 $0.00 $1.400M $600.0K $600.0K $600.0K $0.00
YoY Change 215.09% 134.43% 30.62% 62.3% -23.08% -100.0% 133.33% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.757B $1.517B $890.3M $438.7M $48.20M $77.60M $163.1M $56.30M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 81.66% 70.43% 102.96% 810.12% -37.89% -52.42% 189.7%
Long-Term Debt Due $0.00 $100.0K $0.00 $0.00 $1.700M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $5.931B $3.586B $2.376B $1.651B $236.3M $203.2M $211.3M $73.60M $8.600M $100.0K $8.600M $9.000M $20.00M $30.10M $9.400M $24.10M $23.20M $9.100M $4.600M $7.000M $700.0K $0.00 $0.00 $200.0K $3.800M $20.90M $40.50M
YoY Change 65.41% 50.95% 43.87% 598.8% 16.29% -3.83% 187.09% 755.81% 8500.0% -98.84% -4.44% -55.0% -33.55% 220.21% -61.0% 3.88% 154.95% 97.83% -34.29% 900.0% -100.0% -94.74% -81.82% -48.4%
Long-Term Debt $267.3M $60.03M $99.03M $68.44M $72.30M $28.50M $11.20M $3.500M $0.00 $0.00 $0.00 $0.00 $0.00 $61.70M $62.20M $61.30M $60.50M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $600.0K $600.0K $1.500M
YoY Change 345.23% -39.39% 44.69% -5.33% 153.68% 154.46% 220.0% -100.0% -0.8% 1.47% 1.32% -100.0% -66.67% 0.0% -60.0%
Other Long-Term Liabilities $936.4M $667.9M $156.3M $18.89M $15.90M $1.600M $1.400M $400.0K $0.00 $6.100M $5.100M $4.300M $3.700M $2.200M $900.0K $300.0K $200.0K $0.00 $100.0K
YoY Change 40.2% 327.46% 727.11% 18.81% 893.75% 14.29% 250.0% -100.0% 19.61% 18.6% 16.22% 68.18% 144.44% 200.0% 50.0% -100.0%
Total Long-Term Liabilities $1.204B $727.9M $255.3M $87.33M $88.20M $30.10M $12.60M $3.900M $0.00 $0.00 $0.00 $0.00 $0.00 $67.80M $67.30M $65.60M $64.20M $2.200M $900.0K $300.0K $200.0K $0.00 $0.00 $200.0K $600.0K $600.0K $1.600M
YoY Change 65.35% 185.15% 192.3% -0.98% 193.02% 138.89% 223.08% -100.0% 0.74% 2.59% 2.18% 2818.18% 144.44% 200.0% 50.0% -100.0% -66.67% 0.0% -62.5%
Total Liabilities $7.138B $4.307B $2.624B $1.741B $322.2M $233.3M $223.9M $77.50M $8.600M $100.0K $8.600M $9.000M $20.00M $101.9M $82.00M $96.20M $95.00M $19.20M $12.00M $13.70M $1.000M $0.00 $0.00 $400.0K $4.500M $21.50M $42.10M
YoY Change 65.73% 64.16% 50.68% 440.45% 38.11% 4.2% 188.9% 801.16% 8500.0% -98.84% -4.44% -55.0% -80.37% 24.27% -14.76% 1.26% 394.79% 60.0% -12.41% 1270.0% -100.0% -91.11% -79.07% -48.93%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Basic Shares Outstanding 58.96B shares 58.63B shares 59.38M shares 58.39M shares 58.16M shares
Diluted Shares Outstanding 59.36B shares 59.50B shares 59.38M shares 58.44M shares 58.25M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $5.9142 Billion

About Freedom Holding Corp

Freedom Holding Corp. operates as an investment company, which engages in the provision of securities brokerage and financial services. The company employs 6,132 full-time employees The Company, through its subsidiaries, provides services, including securities brokerage, securities dealing for customers and for its own account, market making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. The firm operates through four segments: Brokerage, Banking, Insurance, and Other. Its Brokerage segment primarily focuses on retail brokerage and investment banking. Its Banking segment encompasses lending, deposit services, payment card services, money transfers, and correspondent accounts, supporting both individual and corporate clients with digital financial solutions. Its Insurance segment offers life and general insurance services. Its Other segment includes payment processing services, online ticket sales, and new business areas including telecommunications and media services.

Industry: Security Brokers, Dealers & Flotation Companies Peers: Morgan Stanley Evercore Inc Houlihan Lokey Inc StoneX Group Inc Jefferies Financial Group Inc Moelis & Co PJT Partners Inc Piper Sandler Companies Stifel Financial Corp Virtu Financial Inc