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Freedom Holding FRHC Insurance — Fee and commission expense

Other segment segments

Brokerage
$22.51M+455%
Bank
$5.11M+10.8%
Other
$2.55M+41.3%

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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 us-gaap:SalesCommissionsAndFees.

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 itemBrokerageBankingInsuranceOtherTotal
Total fee and commission income$514,305$(72,696)$48,156$489,765
Agency fee expense19211122,981123,211
Brokerage services45,580295215946,036
Bank services6,69823,64936541431,126
Exchange services6,3031696,472
Central Depository services1,3231,323
Other commission expenses8869,51110,397
Total fee and commission expense60,80924,155123,34810,253218,565

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's insurance — fee and commission expense?
Freedom Holding (FRHC) reported insurance — fee and commission expense of $5.68M in Q1 2026.
How has Freedom Holding's insurance — fee and commission expense changed year-over-year?
Freedom Holding's insurance — fee and commission expense decreased by 92.0% year-over-year, from $71.12M to $5.68M.
What is the long-term trend for Freedom Holding's insurance — fee and commission expense?
Over 4 years (2022 to 2026), Freedom Holding's insurance — fee and commission expense has grown at a 76.7% compound annual growth rate (CAGR), from $12.67M to $123.35M.
What does insurance — fee and commission expense mean?
The total aggregate cost of commissions and fees paid by the insurance segment to third parties for distribution, processing, and service support. This is a key metric for evaluating the cost-to-acquire and cost-to-service insurance business.

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