FRHC - Freedom Holding Corp.
NASDAQ
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Financial Services
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Capital Markets
Almaty,
Kazakhstan
Type: Equity
FRHC price evolution
FRHC
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1898.19 | $1007.72 | $946.44 | $850.75 |
| Short term investments | ||||
| Net receivables | $1217.88 | $1660.28 | $961.39 | $1024.81 |
| Inventory | ||||
| Total current assets | $4570.21 | $4152.13 | $3342.08 | $3136.14 |
| Long term investments | ||||
| Property, plant & equipment | $135.48 | $119.33 | $112.28 | $100.66 |
| Goodwill & intangible assets | $96.13 | $100.32 | $99.01 | $95.72 |
| Total noncurrent assets | ||||
| Total investments | $4971.35 | $5286.96 | $5228.95 | $4973.16 |
| Total assets | $8483.56 | $8301.93 | $7449.04 | $7138.31 |
| Current liabilities | ||||
| Accounts payable | $836.31 | $867.88 | $145.8 | $166.5 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $6135.5 | $5931.3 | $5310.73 | $5397.84 |
| Long term debt | $266.4 | $267.25 | $266.31 | $66 |
| Total noncurrent liabilities | ||||
| Total debt | $2860.58 | $3059.64 | $3190.1 | $2854.06 |
| Total liabilities | $7331.38 | $7134.97 | $6409.79 | $6223.87 |
| Shareholders' equity | ||||
| Retained earnings | $1033.14 | $998.74 | $903.52 | $807.15 |
| Other shareholder equity | -$81.39 | -$18.94 | -$34.84 | -$62.55 |
| Total shareholder equity | $1149.01 | $1163.65 | $1036.2 | $911.08 |
| (in millions $) | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1007.72 | $1026.94 | $1179.23 | $1136.79 |
| Short term investments | ||||
| Net receivables | $1660.28 | $376.33 | $357.57 | $64.8 |
| Inventory | ||||
| Total current assets | $4152.13 | $2302.63 | $1656.54 | |
| Long term investments | ||||
| Property, plant & equipment | $119.33 | $84.36 | $37.03 | $31.65 |
| Goodwill & intangible assets | $100.32 | $31.81 | $11.18 | $17.65 |
| Total noncurrent assets | ||||
| Total investments | $5286.96 | $3477.87 | $1298.28 | $747.86 |
| Total assets | $8301.93 | $5084.56 | $2921.01 | $2018.64 |
| Current liabilities | ||||
| Accounts payable | $867.88 | $130.09 | $45.23 | $22.3 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $5931.3 | $3585.89 | $2286.21 | |
| Long term debt | $267.25 | $60.02 | $99.03 | |
| Total noncurrent liabilities | ||||
| Total debt | $3059.64 | $1607.76 | $907.16 | $520.37 |
| Total liabilities | $7134.97 | $4313.82 | $2413.33 | $1742.97 |
| Shareholders' equity | ||||
| Retained earnings | $998.74 | $647.06 | $426.56 | $208.63 |
| Other shareholder equity | -$18.94 | -$34 | -$53.29 | -$36.05 |
| Total shareholder equity | $1163.65 | $777.28 | $514.67 | $277.31 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $450.71 | $464.65 | $418.63 | $435.58 |
| Cost of revenue | $47.31 | $43.07 | $40.99 | $33.99 |
| Gross Profit | $403.41 | $421.58 | $377.64 | $401.59 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $119.83 | $109.51 | $88.25 | $48.64 |
| Total operating expenses | $216.09 | $181.64 | $134.8 | $97.89 |
| Operating income | $187.32 | $239.95 | $242.84 | $303.7 |
| Income from continuing operations | ||||
| EBIT | $187.46 | $239.11 | $243.13 | $274.44 |
| Income tax expense | $7.34 | $9.01 | $15.54 | $19.21 |
| Interest expense | $145.72 | $135.46 | $131.22 | $139.38 |
| Net income | ||||
| Net income | $34.4 | $94.64 | $96.37 | $115.85 |
| Income (for common shares) | $34.4 | $94.64 | $96.37 | $115.85 |
| (in millions $) | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1635.08 | $795.69 | $564.66 | $352.55 |
| Cost of revenue | $139.56 | $77.33 | ||
| Gross Profit | $1495.52 | $718.36 | $564.66 | $352.55 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $340.24 | $155.85 | $161.59 | $77.43 |
| Total operating expenses | $559.04 | $244.36 | $251.87 | $152.16 |
| Operating income | $936.48 | $474 | $312.79 | $200.39 |
| Income from continuing operations | ||||
| EBIT | $936.48 | $456.86 | $319.36 | $199.76 |
| Income tax expense | $60.42 | $42.78 | $25.52 | $30.1 |
| Interest expense | $501.11 | $208.95 | $75.9 | $27.37 |
| Net income | ||||
| Net income | $374.95 | $205.14 | $217.94 | $142.29 |
| Income (for common shares) | $374.95 | $205.14 | $217.94 | $142.29 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $34.4 | $94.64 | $96.37 | $115.85 |
| Operating activities | ||||
| Depreciation | $7.02 | $6.96 | $6.99 | $6.1 |
| Business acquisitions & disposals | -$10.49 | -$3.9 | -$23.66 | $5.91 |
| Stock-based compensation | $10.62 | $19.42 | $1.04 | $1.03 |
| Total cash flows from operations | $854.07 | $308.99 | -$21.67 | -$437.56 |
| Investing activities | ||||
| Capital expenditures | -$24.18 | -$7.48 | -$16.82 | -$8.76 |
| Investments | -$58.24 | -$32.71 | -$102.39 | -$161.97 |
| Total cash flows from investing | -$94.69 | -$45.19 | -$142.88 | -$164.82 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $7.04 | -$163.75 | $215.95 | |
| Total cash flows from financing | $245.53 | -$217.76 | $207.58 | |
| Effect of exchange rate | -$114.81 | $18.64 | $52.65 | |
| Change in cash and equivalents | $890.47 | $61.28 | $95.69 | |
| (in millions $) | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Net income | $374.95 | $205.14 | $217.94 | $142.29 |
| Operating activities | ||||
| Depreciation | $24.58 | $10.25 | $12.79 | $9.96 |
| Business acquisitions & disposals | -$54.64 | -$10.46 | $94.67 | |
| Stock-based compensation | $22.72 | $9.29 | $15.74 | $1.66 |
| Total cash flows from operations | -$1064.36 | -$951.68 | -$347.99 | $565.3 |
| Investing activities | ||||
| Capital expenditures | -$43.75 | -$38.54 | -$8.7 | -$4.07 |
| Investments | -$538.73 | -$784.5 | $6.44 | |
| Total cash flows from investing | -$638.22 | -$1463.24 | -$8.7 | $97.04 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.68 | $21.6 | ||
| Net borrowings | $1460.24 | $1075.99 | $431.96 | $348.29 |
| Total cash flows from financing | $1674.57 | $2133.38 | $453.68 | $348.41 |
| Effect of exchange rate | $12.19 | $78.19 | -$54.55 | -$3.77 |
| Change in cash and equivalents | -$19.22 | -$203.35 | $42.44 | $1006.98 |
News
Fundamentals
| Market cap | $7.12B |
|---|---|
| Enterprise value | $8.08B |
| Shares outstanding | 60.72M |
| Revenue | $1.77B |
|---|---|
| EBITDA | $971.21M |
| EBIT | $944.13M |
| Net Income | $341.25M |
| Revenue Q/Q | 42.54% |
| Revenue Y/Y | 88.24% |
| P/E ratio | 20.87 |
|---|---|
| EV/Sales | 4.57 |
| EV/EBITDA | 8.32 |
| EV/EBIT | 8.56 |
| P/S ratio | 4.02 |
| P/B ratio | 5.79 |
| Book/Share | 20.26 |
| Cash/Share | 31.26 |
| EPS | $5.62 |
|---|---|
| ROA | 4.35% |
| ROE | 32.04% |
| Debt/Equity | 6.13 |
|---|---|
| Net debt/EBITDA | 5.59 |
| Current ratio | 0.74 |
| Quick ratio | 0.74 |