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Freedom Holding FRHC Effect of actual variances from expected experience

Effect of actual variances from expected experience at other companies

Freedom Holding logo
Freedom HoldingFRHC
-$9.68M
CNO Financial Group logo
CNO Financial GroupCNO
-$53.3M+47.6%
Freedom Holding logo
Freedom HoldingFRHC
-$205K
CNO Financial Group logo
CNO Financial GroupCNO
-$29.6M+60.8%
Voya Financial logo
Voya FinancialVOYA
$27M+169%
MetLife logo
MetLifeMET
$4M+500%

Other financials

Income statement

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Revenue$732.5M+39.8%
Gross profit$697.3M+36.7%
Net income$31.7M-15.2%
EPS (diluted)$0.52-14.8%

Balance sheet

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Cash & equivalents$2.8B+69.2%
Total debt$63.0M+53.5%
Total equity$1.5B+24.9%
Total assets$14.0B+45.0%

Cash flow

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Operating cash flow-$341.6M-171%
CapEx$79.1M+200%
Free cash flow-$420.8M-193%

Valuation

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Market cap$9.49B-11.5%
Enterprise value$6.72B-26.0%
P/E61.4×
P/S-1.2×

Profitability

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Gross margin95.8%-2.3pp
Operating margin-28%
Net margin6.5%
FCF margin-37.2%

Returns & leverage

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Return on equity11.2%
Debt / equity0.0×
Current ratio

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseOfActualVarianceFromExpectedExperience.

The source filing: Freedom Holding’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 7:04 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000924805-26-000047
Liability for Future Policy Benefits — RollforwardJune 30, 2026March 31, 2026
Balance, beginning of period$333,273$216,171
Effect of discount rate change (to OCI)3,3611,068
Effect of cash flow assumption changes(2,187)(1,872)
Effect of actual vs. expected experience(9,683)28,571
Interest accrual47,85624,166
Issuance expense76,321131,127
Benefit payments(18,685)(34,997)
Surrender / termination payments(24,059)(50,563)

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Freedom Holding's effect of actual variances from expected experience?
Freedom Holding (FRHC) reported effect of actual variances from expected experience of -$9.68M in Q2 2026.
What does effect of actual variances from expected experience mean?
Effect of actual variances from expected experience

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