Freedom Holding Corp.
Financial highlights
| Metric | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 | FY 03/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.1B | $1.7B | $799.1M | $689.8M | $346.9M |
| Cost of revenue | $31.3M | $17.5M | $0 | — | — |
| Operating expenses | — | — | — | — | $77.4M |
| Interest expense | — | $501.1M | $208.9M | $76.9M | $22.4M |
| Pretax income | $112.9M | $435.4M | $235.9M | $363.7M | $173.0M |
| Income tax expense | $28.4M | $60.4M | $42.8M | $38.6M | $23.3M |
| Net income | $84.7M | $375.5M | $205.1M | $227.5M | $149.7M |
| Balance Sheet | |||||
| Cash and equivalents | $837.3M | $545.1M | $581.4M | $225.5M | $168.8M |
| Total assets | $9.9B | $8.3B | $5.1B | $3.2B | $2.1B |
| Total liabilities | $8.7B | $7.1B | $4.3B | $2.7B | $1.8B |
| Stockholders' equity | $1.2B | $1.2B | $777.3M | $553.6M | $277.3M |
| Cash Flow Statement | |||||
| Cash from operations | $1.7B | -$1.1B | -$951.7M | -$406.4M | $529.4M |
| Depreciation and amortization | $12.1M | $6.8M | $4.1M | $2.3M | $2.1M |
| Stock-based compensation | $59.6M | $22.7M | $9.3M | $7.9M | $114,000 |
| Capital expenditure | $95.3M | $43.8M | $38.5M | $5.6M | $1.5M |
| Free cash flow | $1.6B | -$1.1B | -$990.2M | -$412.0M | $527.9M |
| Impairments | $0 | $0 | $0 | $2.3M | $0 |
Shares outstanding 61.2M
Annual filing data through FY ended March 31, 2025; float as of July 3, 2026.