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Freedom Holding FRHC Insurance — Allowance for expected credit losses

Other segment segments

Bank
$24.48M+36.1%
Other
$549K+50.8%
Brokerage
-$231K-117%

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Other financials

Income statement

See full
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

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

Returns & leverage

See full
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
STATEMENTS OF OPERATIONSBrokerageBankingInsuranceOtherTotal
Stock compensation expense20,72511,26513,66022,39768,047
Advertising and sponsorship expense37,8744,6881,11859,624103,304
General and administrative expense49,45566,2818,80497,799222,339
(Recoveries)/allowance for expected credit losses(1,403)39,61613,67447852,365
Cost of sales79,63279,632
TOTAL EXPENSE375,269587,216467,759535,0821,965,326
INCOME/(LOSS) BEFORE INCOME TAX$456,239$101,986$30,025$(362,285)$225,965
Income tax (expense)/benefit(84,323)(17,983)(7,374)37,043(72,637)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's insurance — allowance for expected credit losses?
Freedom Holding (FRHC) reported insurance — allowance for expected credit losses of $4.29M in Q1 2026.
How has Freedom Holding's insurance — allowance for expected credit losses changed year-over-year?
Freedom Holding's insurance — allowance for expected credit losses increased by 708.1% year-over-year, from $531K to $4.29M.
What is the long-term trend for Freedom Holding's insurance — allowance for expected credit losses?
Over 4 years (2022 to 2026), Freedom Holding's insurance — allowance for expected credit losses has grown at a 161.4% compound annual growth rate (CAGR), from $293K to $13.67M.
What does insurance — allowance for expected credit losses mean?
The estimated provision for potential losses on financial assets held by the insurance segment, such as premiums receivable or investments. This reflects the company's assessment of credit risk and the likelihood of non-payment by counterparties.

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