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Freedom Holding FRHC Bank — Allowance for expected credit losses

Other segment segments

Insurance
$4.29M+708%
Other
$549K+50.8%
Brokerage
-$231K-117%

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Other financials

Income statement

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Revenue$503.1M+68.6%
Gross profit$477.9M+67.1%
Net income$8.0M
EPS (diluted)$0.13

Balance sheet

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Cash & equivalents$966.1M-41.3%
Total debt$48.8M+20.5%
Total equity$1.5B+21.6%
Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M
CapEx$23.0M-15.8%
Free cash flow-$1.6B-220%

Valuation

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Market cap$9.52B-18.2%
Enterprise value$8.6B-14.1%
P/E62.1×
P/S4.3×-1.2×

Profitability

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Gross margin96.4%-2.1pp
Operating margin-28%
Net margin7%
FCF margin-0.6%

Returns & leverage

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Return on equity11.3%
Debt / equity0.0×
Current ratio

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept frhc:AllowanceForExpectedCreditLossesRecoveries.

The source filing: Freedom Holding’s 10-K, filed June 1, 2026.

Filed
Jun 1, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000924805-26-000012
Line itemYears ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,
Stock compensation expense68,04759,59222,719
Advertising and sponsorship expense (including $27,151,$18,497, and — from related parties)103,304124,62738,327
General and administrative expense222,339162,474120,888
Allowance for expected credit losses52,36562,44521,225
Cost of sales79,63231,27817,538
TOTAL EXPENSE1,965,3261,899,5721,208,318
INCOME BEFORE INCOME TAX225,965104,583438,938
Income tax expense(72,637)(28,425)(60,419)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's bank — allowance for expected credit losses?
Freedom Holding (FRHC) reported bank — allowance for expected credit losses of $24.48M in Q1 2026.
How has Freedom Holding's bank — allowance for expected credit losses changed year-over-year?
Freedom Holding's bank — allowance for expected credit losses increased by 36.1% year-over-year, from $17.98M to $24.48M.
What is the long-term trend for Freedom Holding's bank — allowance for expected credit losses?
Over 4 years (2022 to 2026), Freedom Holding's bank — allowance for expected credit losses has grown at a 107.9% compound annual growth rate (CAGR), from $2.12M to $39.62M.
What does bank — allowance for expected credit losses mean?
The provision set aside by the banking segment to cover potential losses from loans and other credit exposures that are expected to be uncollectible. This reflects the bank's assessment of credit risk within its portfolio based on current economic conditions and historical loss data.

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