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Freedom Holding FRHC United States — Insurance claims incurred, net of reinsurance

Discontinued — last reported Q3 '24

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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 frhc:InsuranceClaimsExpenseNetOfReinsurance.

The official record: Freedom Holding’s 10-Q, filed February 9, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freedom Holding's united states — insurance claims incurred, net of reinsurance?
Freedom Holding (FRHC) reported united states — insurance claims incurred, net of reinsurance of $0 in Q4 2023.
What does united states — insurance claims incurred, net of reinsurance mean?
This represents the total costs incurred by the insurance division for policyholder claims, adjusted for recoveries from reinsurance partners. It reflects the underlying risk profile and underwriting performance of the insurance products offered within the specific geographic segment.