Freedom Holding Corp. revenue rose by 33% in the second quarter of 2025

Freedom Holding Corp. (Nasdaq: FRHC), the leading multi-national financial services holding company, announced the financial results for their second quarter and first six months of fiscal 2025. Revenues for this period have reached $580.9 million, showing a healthy increase of 33% year over year. All major business segments, including banking, brokerage, and insurance, were the main drivers of growth in revenues.

An increase in client base, surpassing 1.2 million individuals, enabled Freedom Bank Kazakhstan to announce a 21% increase in income, reaching US$ 201.5 million. Gaining a banking license in Tajikistan allowed the holding to enhance its presence in the regional banking industry and expand throughout Central Asia.

The brokerage sector, with a sales volume of $174.8 million, demonstrates global demand for investment services. Customer count now stands at 555,000.

With $178.2 million of revenues, the insurance segment, which comprises Freedom Life and Freedom Insurance, showcased a remarkable income increase of 121% over the same time last year, backed by a 58% increase in the customer base to 866,000 individuals. S&P Global Ratings has recently raised Freedom Insurance’s credit rating to «BB-» with a «stable» outlook reflecting improving operating and financial results.

The company generated revenues of $26.4 million from prospective business lines such as online payments, e-commerce, telecommunications, and tourism, improving the result of these emerging business segments by 56% compared to the previous year.

Higher income from insurance underwriting, higher profit from trading and securities operations, and higher commission income contributed significantly to the consolidated results. For the reporting period, the company declared a net profit of $114.5 million; total assets increased by 6 percent to $8.8 billion, and liabilities came out to be $7.5 million. The company keeps working to use its varied portfolio and expand its activities into new geographical areas so that it may keep its growth path and benefit all the stakeholders.