Freedom Broker Increases Quarterly Revenue by Nearly 68% on Stronger Client Activity

Freedom Broker has reported its results for the first quarter of fiscal year 2027, demonstrating solid growth in both revenue and its client base. The brokerage company’s key growth drivers during the quarter included a rise in the number of active investors, the development of digital services, and the strengthening of its technology infrastructure.

Business Expansion

In the first quarter of fiscal year 2027, Freedom Broker clients opened more than 19,600 new brokerage accounts and completed over 8.4 million securities transactions. The total number of active client accounts reached 333,400.

The company’s total revenue increased by 67.5% year over year to $227.9 million, compared with $136.1 million a year earlier. Shareholders’ equity rose by 17.1% to $211.7 million, despite the payment of $40 million in dividends to shareholders.

Assets at the end of the quarter remained broadly unchanged from the previous period at $278.5 million, reflecting the company’s stable financial position.

Broker Expands Digital Services and Infrastructure

The company increased the number of supported cryptocurrencies from three to eleven. Clients can now hold digital assets directly in their brokerage accounts, while cryptocurrency-based deposit and withdrawal services have become available to a broader range of users.

The broker is also strengthening its cooperation with the International Trading System, an international trading venue operating within the jurisdiction of the Astana International Financial Centre. This enables the company to accelerate trade execution and expand investment opportunities for clients. Freedom Broker also continued to act as a market maker on the KASE, AIX, and ITS exchanges.

In investment banking, the company supported the placement of eurobonds issued by Kazakhstan Temir Zholy on the AIX and arranged an 18.9 billion tenge bond placement by BI Development Ltd., Kazakhstan’s largest property developer.

International Ratings Confirm Reliability

At the end of June, international rating agency S&P Global Ratings upgraded Freedom Finance Global’s long-term credit rating to BB− with a stable outlook.

The company also successfully completed an independent audit conducted by KPMG Tax and Advisory. KPMG is one of the “Big Four” global professional services firms operating in taxation, legal advisory, and consulting. The review confirmed that the company’s internal control system complies with international compliance requirements, including FATF recommendations, European anti-money laundering standards, and global best practices in risk management.

Transactions in Türkiye and Kazakhstan

This summer, Freedom Holding Corp. completed the acquisition of a 99.32% stake in Turkish Bank A.Ş., which was renamed Freedom Bank A.Ş. following the closing of the transaction.

The new bank will serve as the foundation for the development of the holding company’s financial services ecosystem in the Turkish market. The group plans to integrate banking, investment, and payment products based on the model it has already implemented in Kazakhstan.

The holding company also continues to develop international partnerships. In July, Freedom signed agreements with several major Chinese technology companies, including Tencent, Ant International, Alibaba Cloud, Baidu, and Geely.

The partnerships cover several areas, including cross-border payments, cloud technologies, artificial intelligence, and digital infrastructure. In the longer term, these initiatives are expected to expand the capabilities of the Freedom Holding Corp. ecosystem and create additional opportunities for its clients.