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Freedom Holding FRHC Bank — Net gain on foreign exchange operations

Other segment segments

Other
-$9.09M-405%
Brokerage
-$2.16M
Insurance
$224K-63.2%

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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$8.81B+10.6%
Enterprise value$7.89B+24.0%
P/E57.4×
P/S0.0×

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 us-gaap:ForeignCurrencyTransactionGainLossBeforeTax.

The official record: Freedom Holding’s 10-K, filed June 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freedom Holding's bank — net gain on foreign exchange operations?
Freedom Holding (FRHC) reported bank — net gain on foreign exchange operations of $38.7M in Q1 2026.
How has Freedom Holding's bank — net gain on foreign exchange operations changed year-over-year?
Freedom Holding's bank — net gain on foreign exchange operations decreased by 13.3% year-over-year, from $44.63M to $38.7M.
What is the long-term trend for Freedom Holding's bank — net gain on foreign exchange operations?
Over 4 years (2022 to 2026), Freedom Holding's bank — net gain on foreign exchange operations has grown at a 130.1% compound annual growth rate (CAGR), from $2.44M to $68.38M.
What does bank — net gain on foreign exchange operations mean?
The net profit or loss resulting from currency conversion and foreign exchange trading activities conducted by the banking segment. This reflects the bank's ability to manage currency risk and capitalize on market volatility in global markets.