First Trust Financials AlphaDEX becomes the largest shareholders of Freedom Holding after Timur Turlov
First Trust Financials AlphaDEX Fund Investment: The First Trust Financials AlphaDEX Fund has acquired 185,000 shares of Freedom Holding Corp., making it the second largest shareholder after CEO Timur Turlov, with FRHC now representing a 1.22% weighting in the fund's index.
Freedom Holding's Growth and Recognition: Freedom Holding is experiencing significant growth and digital transformation, leading to a positive outlook from S&P Global Ratings and inclusion in the Stanford Graduate School of Business curriculum, highlighting its strong position in the financial sector.
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Freedom Holding Corp. Reports Q3 FY2026 Financial Results
- Revenue Overview: For the third quarter ended December 31, 2025, Freedom Holding Corp. reported net revenue of $628.6 million, down from $664.6 million year-over-year, primarily due to decreased insurance premium income and lower trading securities gains, indicating challenges in diversifying revenue streams.
- Customer Growth: As of December 31, 2025, the company had 828,000 brokerage customers, an increase of 145,000 over the past nine months, and banking customers rose to 4.5 million, demonstrating ongoing efforts to expand its customer base and enhance market competitiveness.
- Foreign Exchange Gains: The net gain from foreign exchange operations for the third quarter was $45.8 million, significantly up from $3.9 million in the same period last year, primarily driven by gains from currency revaluation, showcasing effective strategies in the forex market.
- Expense Control: Total expenses for the third quarter were approximately $534.7 million, down from $566.3 million year-over-year, reflecting effective cost management in payroll, administrative expenses, and professional services, despite an overall decline in revenue.
Freedom Holding Corp. Releases 2025 Sustainability Report, Investing Nearly $57.6 Million
- Total Investment: Freedom Holding Corp. reported a total of 27.87 billion tenge (approximately $57.6 million) in external ESG investments in its 2025 Sustainability Report.
- Education and Technology: An investment of 1.32 billion tenge (about $2.73 million) was allocated for the construction of an AI facility at SDU University, enhancing modern educational infrastructure.
- Sports Infrastructure: The company invested 1.28 billion tenge (approximately $2.64 million) in the construction of the Freedom Yelimay football complex in Semey, boosting its international sports profile.
- Social Projects: A total of 2.9 billion tenge (around $5.99 million) was allocated to assist flood victims in western Kazakhstan, focusing on restoring vital infrastructure.
Freedom Holding Corp Publishes 2025 Sustainability Report on ESG Initiatives
Sustainability Report Overview: Freedom Holding Corp. released its 2025 Sustainability Report, highlighting a total of 27.87 billion tenge (USD 57.6 million) in ESG-oriented investments across various sectors, including education, technology, sports, and environmental projects.
Key Investments in Education and Technology: The company allocated significant funds for the development of educational infrastructure, including 1.32 billion tenge for an AI facility at SDU University and 1.86 billion tenge for hosting the ICPC World Finals 2024 in Kazakhstan.
Support for Sports and Social Projects: Freedom Holding invested in sports infrastructure, including a football complex and a sports facility for people with disabilities, while also contributing to flood relief efforts and cultural projects like the reconstruction of the Abai State Opera and Ballet Theatre.
Environmental and Strategic Achievements: The company engaged in environmental initiatives, such as the construction of the Kazakhstan Pavilion at COP29 and biodiversity agreements, while also achieving strategic milestones like the opening of the UN Regional Office for Sustainable Development Goals in Central Asia.
Freedom Holding Corp. to Support the Financial Times Global Banking Summit
Event Participation: Freedom Holding Corp. will be a lead sponsor at the Financial Times Global Banking Summit 2025 in London, featuring discussions on the future of banking infrastructure and the impact of AI in banking.
Executive Contributions: CEO Timur Turlov and CTO Renat Tukanov will speak at the Summit, addressing the transition from legacy banking systems and the application of AI in operational processes.
Company Growth: Freedom Holding Corp. has experienced significant growth, surpassing 2 million users in its SuperApp and over 11 million users in its broader ecosystem, reflecting its tech-driven strategy.
AI Initiatives: The company is involved in major AI initiatives in Kazakhstan, including a partnership with OpenAI to enhance education and plans for a $2 billion AI hub in collaboration with NVIDIA.
Tech Stocks Surge, Palantir Soars 6% as Shutdown Resolution Approaches: Market Movers for Monday
Market Recovery: Wall Street saw a rebound on Monday, with the Nasdaq 100 rising nearly 1.5% and Palantir Technologies gaining 6.2%, as investors grew optimistic about a potential end to the government shutdown following Senate progress on a reopening bill.
Commodities and Cryptocurrencies: Gold and silver prices increased due to safe-haven demand amid rising government debt, while Bitcoin edged up 0.3% to reclaim the $105,000 mark, contrasting with a 1.5% drop in Ethereum.
Major Indices Performance: The S&P 500 gained 0.8%, the Russell 2000 rose 0.7%, and the Dow Jones Industrial Average added 0.1%, reflecting a positive day for major U.S. indices.
Earnings Movers: Notable stock movements included TreeHouse Foods surging 23.3% and Organon & Co. rising 11.9%, while Centene Corporation fell 8.4%, indicating varied performance among companies reporting earnings.
Freedom Holding Corp. Announces Financial Results for Second Quarter of Fiscal Year 2026
Financial Performance: Freedom Holding Corp. reported total revenues of $526.1 million for Q2 FY2026, with a net income of $38.7 million, reflecting a decrease from the previous year due to lower insurance premiums and trading gains.
Customer Growth: The company experienced significant growth in its customer base, reaching 6.2 million clients across its primary business segments, indicating a strong demand for its diversified financial services.
Strategic Investments: Management emphasized ongoing investments in technology and infrastructure to support future growth, aiming to create an integrated ecosystem that combines brokerage, banking, insurance, and digital services.
Credit Rating Upgrade: S&P upgraded Freedom Life's long-term issuer credit rating to 'BB+' with a stable outlook, validating the company's approach to building long-term value and financial strength.
Freedom Holding Corp. Reports Q3 FY2026 Financial Results
- Revenue Overview: For the third quarter ended December 31, 2025, Freedom Holding Corp. reported net revenue of $628.6 million, down from $664.6 million year-over-year, primarily due to decreased insurance premium income and lower trading securities gains, indicating challenges in diversifying revenue streams.
- Customer Growth: As of December 31, 2025, the company had 828,000 brokerage customers, an increase of 145,000 over the past nine months, and banking customers rose to 4.5 million, demonstrating ongoing efforts to expand its customer base and enhance market competitiveness.
- Foreign Exchange Gains: The net gain from foreign exchange operations for the third quarter was $45.8 million, significantly up from $3.9 million in the same period last year, primarily driven by gains from currency revaluation, showcasing effective strategies in the forex market.
- Expense Control: Total expenses for the third quarter were approximately $534.7 million, down from $566.3 million year-over-year, reflecting effective cost management in payroll, administrative expenses, and professional services, despite an overall decline in revenue.
Freedom Holding Corp. Releases 2025 Sustainability Report, Investing Nearly $57.6 Million
- Total Investment: Freedom Holding Corp. reported a total of 27.87 billion tenge (approximately $57.6 million) in external ESG investments in its 2025 Sustainability Report.
- Education and Technology: An investment of 1.32 billion tenge (about $2.73 million) was allocated for the construction of an AI facility at SDU University, enhancing modern educational infrastructure.
- Sports Infrastructure: The company invested 1.28 billion tenge (approximately $2.64 million) in the construction of the Freedom Yelimay football complex in Semey, boosting its international sports profile.
- Social Projects: A total of 2.9 billion tenge (around $5.99 million) was allocated to assist flood victims in western Kazakhstan, focusing on restoring vital infrastructure.
Freedom Holding Corp Publishes 2025 Sustainability Report on ESG Initiatives
Sustainability Report Overview: Freedom Holding Corp. released its 2025 Sustainability Report, highlighting a total of 27.87 billion tenge (USD 57.6 million) in ESG-oriented investments across various sectors, including education, technology, sports, and environmental projects.
Key Investments in Education and Technology: The company allocated significant funds for the development of educational infrastructure, including 1.32 billion tenge for an AI facility at SDU University and 1.86 billion tenge for hosting the ICPC World Finals 2024 in Kazakhstan.
Support for Sports and Social Projects: Freedom Holding invested in sports infrastructure, including a football complex and a sports facility for people with disabilities, while also contributing to flood relief efforts and cultural projects like the reconstruction of the Abai State Opera and Ballet Theatre.
Environmental and Strategic Achievements: The company engaged in environmental initiatives, such as the construction of the Kazakhstan Pavilion at COP29 and biodiversity agreements, while also achieving strategic milestones like the opening of the UN Regional Office for Sustainable Development Goals in Central Asia.
Freedom Holding Corp. to Support the Financial Times Global Banking Summit
Event Participation: Freedom Holding Corp. will be a lead sponsor at the Financial Times Global Banking Summit 2025 in London, featuring discussions on the future of banking infrastructure and the impact of AI in banking.
Executive Contributions: CEO Timur Turlov and CTO Renat Tukanov will speak at the Summit, addressing the transition from legacy banking systems and the application of AI in operational processes.
Company Growth: Freedom Holding Corp. has experienced significant growth, surpassing 2 million users in its SuperApp and over 11 million users in its broader ecosystem, reflecting its tech-driven strategy.
AI Initiatives: The company is involved in major AI initiatives in Kazakhstan, including a partnership with OpenAI to enhance education and plans for a $2 billion AI hub in collaboration with NVIDIA.
Tech Stocks Surge, Palantir Soars 6% as Shutdown Resolution Approaches: Market Movers for Monday
Market Recovery: Wall Street saw a rebound on Monday, with the Nasdaq 100 rising nearly 1.5% and Palantir Technologies gaining 6.2%, as investors grew optimistic about a potential end to the government shutdown following Senate progress on a reopening bill.
Commodities and Cryptocurrencies: Gold and silver prices increased due to safe-haven demand amid rising government debt, while Bitcoin edged up 0.3% to reclaim the $105,000 mark, contrasting with a 1.5% drop in Ethereum.
Major Indices Performance: The S&P 500 gained 0.8%, the Russell 2000 rose 0.7%, and the Dow Jones Industrial Average added 0.1%, reflecting a positive day for major U.S. indices.
Earnings Movers: Notable stock movements included TreeHouse Foods surging 23.3% and Organon & Co. rising 11.9%, while Centene Corporation fell 8.4%, indicating varied performance among companies reporting earnings.
Freedom Holding Corp. Announces Financial Results for Second Quarter of Fiscal Year 2026
Financial Performance: Freedom Holding Corp. reported total revenues of $526.1 million for Q2 FY2026, with a net income of $38.7 million, reflecting a decrease from the previous year due to lower insurance premiums and trading gains.
Customer Growth: The company experienced significant growth in its customer base, reaching 6.2 million clients across its primary business segments, indicating a strong demand for its diversified financial services.
Strategic Investments: Management emphasized ongoing investments in technology and infrastructure to support future growth, aiming to create an integrated ecosystem that combines brokerage, banking, insurance, and digital services.
Credit Rating Upgrade: S&P upgraded Freedom Life's long-term issuer credit rating to 'BB+' with a stable outlook, validating the company's approach to building long-term value and financial strength.
