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Freedom Holding FRHC Brokerage — Underwriting and market-making services

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FNBInvestment Banking Advisory Brokerage And Underwriting Fees And Commissions
$9M0.0%

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 frhc:UnderwritingAndMarketMakingServices.

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 brokerage — underwriting and market-making services?
Freedom Holding (FRHC) reported brokerage — underwriting and market-making services of $0 in Q1 2026.
How has Freedom Holding's brokerage — underwriting and market-making services changed year-over-year?
Freedom Holding's brokerage — underwriting and market-making services decreased by 100.0% year-over-year, from $3.75M to $0.
What is the long-term trend for Freedom Holding's brokerage — underwriting and market-making services?
Over 4 years (2022 to 2026), Freedom Holding's brokerage — underwriting and market-making services has grown at a 14.0% compound annual growth rate (CAGR), from $5.96M to $10.09M.
What does brokerage — underwriting and market-making services mean?
Revenue generated from facilitating capital raises for corporate clients and providing liquidity in securities markets. This reflects the firm's role as an intermediary in primary market offerings and its active participation in maintaining orderly secondary market trading.