Company logo

FRHC - Freedom Holding Corp.

NASDAQ -> Financial Services -> Capital Markets
Almaty, Kazakhstan
Type: Equity

FRHC price evolution
FRHC
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $946.44 $850.75 $1099.25 $1026.94
Short term investments
Net receivables $961.39 $1024.81 $520.59 $376.33
Inventory
Total current assets $3342.08 $3136.14 $2745.52 $2302.99
Long term investments
Property, plant & equipment $112.28 $100.66 $98.31 $84.36
Goodwill & intangible assets $99.01 $95.72 $93.21 $31.81
Total noncurrent assets
Total investments $5228.95 $4973.16 $4648.66 $3477.87
Total assets $7449.04 $7138.31 $6539.77 $5084.56
Current liabilities
Accounts payable $145.8 $166.5 $182.63 $130.09
Deferred revenue
Short long term debt
Total current liabilities $5310.73 $5397.84 $4908.2 $3577.3
Long term debt $266.31 $66 $65.04 $60.02
Total noncurrent liabilities
Total debt $3190.1 $2854.06 $2671.95 $1607.76
Total liabilities $6409.79 $6223.87 $5714.03 $4313.82
Shareholders' equity
Retained earnings $903.52 $807.15 $691.3 $647.06
Other shareholder equity -$34.84 -$62.55 -$34.48 -$34
Total shareholder equity $1036.2 $911.08 $822.28 $777.28
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Current assets
Cash $1026.94 $1179.23 $1136.79 $129.81
Short term investments
Net receivables $376.33 $357.57 $64.8 $113.69
Inventory
Total current assets $2302.63 $1656.54 $1949.44
Long term investments
Property, plant & equipment $84.36 $37.03 $31.65 $20.93
Goodwill & intangible assets $31.81 $11.18 $17.65 $6.03
Total noncurrent assets $69.2
Total investments $3477.87 $1298.28 $747.86 $173.44
Total assets $5084.56 $2921.01 $2018.64 $453.52
Current liabilities
Accounts payable $130.09 $45.23 $22.3 $8.4
Deferred revenue
Short long term debt
Total current liabilities $3585.89 $2286.21 $1696
Long term debt $60.02 $99.03 $11.96
Total noncurrent liabilities $46.97
Total debt $1607.76 $907.16 $520.37 $134.88
Total liabilities $4313.82 $2413.33 $1742.97 $324.49
Shareholders' equity
Retained earnings $647.06 $426.56 $208.63 $66.33
Other shareholder equity -$34 -$53.29 -$36.05 -$37.97
Total shareholder equity $777.28 $514.67 $277.31 $131.31
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $418.63 $435.58 $316.21 $229.01
Cost of revenue $40.99 $33.99 $21.51 $25.74
Gross Profit $377.64 $401.59 $294.7 $203.26
Operating activities
Research & development
Selling, general & administrative $88.25 $48.64 $64.2 $29.48
Total operating expenses $134.8 $97.89 $115.07 $27.55
Operating income $242.84 $303.7 $179.62 $175.71
Income from continuing operations
EBIT $243.13 $274.44 $179.8 $147.13
Income tax expense $15.54 $19.21 $16.66 $16.21
Interest expense $131.22 $139.38 $95.05 $75.98
Net income
Net income $96.37 $115.85 $68.1 $54.95
Income (for common shares) $96.37 $115.85 $68.1 $54.95
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $795.69 $564.66 $352.55 $121.9
Cost of revenue $77.33
Gross Profit $718.36 $564.66 $352.55 $121.9
Operating activities
Research & development
Selling, general & administrative $155.85 $161.59 $77.43 $59.99
Total operating expenses $244.36 $251.87 $152.16 $81.37
Operating income $474 $312.79 $200.39 $40.53
Income from continuing operations
EBIT $456.86 $319.36 $199.76 $43.24
Income tax expense $42.78 $25.52 $30.1 $6
Interest expense $208.95 $75.9 $27.37 $12.4
Net income
Net income $205.14 $217.94 $142.29 $24.84
Income (for common shares) $205.14 $217.94 $142.29 $24.84
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $96.37 $115.85 $68.1 $54.95
Operating activities
Depreciation $6.99 $6.1 $4.53 $3.3
Business acquisitions & disposals -$23.66 $5.91 -$17.18 $65.15
Stock-based compensation $1.04 $1.03 $1.23 $2.77
Total cash flows from operations -$21.67 -$437.56 -$914.13 -$485.89
Investing activities
Capital expenditures -$16.82 -$8.76 -$10.68 -$11.2
Investments -$102.39 -$161.97 -$241.65 -$267.79
Total cash flows from investing -$142.88 -$164.82 -$269.52 -$821.92
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings $215.95 $1080.6 $375.63
Total cash flows from financing $207.58 $1258.53 $627.19
Effect of exchange rate $52.65 -$2.58 -$6.87
Change in cash and equivalents $95.69 $72.31 -$687.5
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $205.14 $217.94 $142.29 $24.84
Operating activities
Depreciation $10.25 $12.79 $9.96 $8.96
Business acquisitions & disposals -$10.46 $94.67
Stock-based compensation $9.29 $15.74 $1.66 $3.68
Total cash flows from operations -$951.68 -$347.99 $565.3 $44.27
Investing activities
Capital expenditures -$38.54 -$8.7 -$4.07 -$4.35
Investments -$784.5 $6.44 -$6.51
Total cash flows from investing -$1463.24 -$8.7 $97.04 -$10.85
Financing activities
Dividends paid
Sale and purchase of stock $0.68 $21.6
Net borrowings $1075.99 $431.96 $348.29 $32.65
Total cash flows from financing $2133.38 $453.68 $348.41 $33.11
Effect of exchange rate $78.19 -$54.55 -$3.77 -$25.14
Change in cash and equivalents -$203.35 $42.44 $1006.98 $41.38
Fundamentals
Market cap $4.21B
Enterprise value $6.45B
Shares outstanding 59.66M
Revenue $1.40B
EBITDA $865.43M
EBIT $844.51M
Net Income $335.27M
Revenue Q/Q 95.12%
Revenue Y/Y 131.89%
P/E ratio 12.56
EV/Sales 4.61
EV/EBITDA 7.46
EV/EBIT 7.64
P/S ratio 3.01
P/B ratio 3.93
Book/Share 17.95
Cash/Share 15.86
EPS $5.62
ROA 5.12%
ROE 37.81%
Debt/Equity 5.55
Net debt/EBITDA 6.31
Current ratio 0.63
Quick ratio 0.63