Freedom Holding Corp., the Nasdaq-listed financial services powerhouse, today unveiled its fiscal year 2025 Form 10‑K with the U.S. Securities and Exchange Commission (SEC). The report outlines significant milestones across its brokerage, banking, insurance, and fintech operations, backed by strong financials and bold expansion plans
As of March 31, 2025, Freedom held an impressive 683,000 retail brokerage accounts, marking substantial year-over-year growth. While the U.S. remains central, new retail investor engagement in Kazakhstan, Europe, and Central Asia has driven this surge
Freedom continues to unify its offerings into a single seamless ecosystem banking, payments, credit, brokerage, and insurance leveraging big data and AI to improve both customer experience and retention
The company is aggressively pursuing growth through targeted acquisitions, extending into telecommunications and media in Kazakhstan via Freedom Telecom and Freedom Media. While these moves require higher capex and may initially affect net income, they’re seen as critical to long-term value
FRHC is doubling down on its mission to build a cross-border banking network, enhancing its digital financial infrastructure across Central Asia and the Caucasus, with aspirations to grow its global footprint
- Total Revenue (FY 2024): USD 1.635 billion
- Net Income (FY 2024): USD 375.5 million
- EBITDA (current): USD 876 million with a margin of 55.3%
- Employees: 2,090 globally as of June 14, 2025
These results reflect sustained growth across its core segments, underpinned by fintech synergy.
- Retail Brokerage Momentum: Continuing strong campaign to grow account base in emerging and established markets.
- M&A Engine: Focused acquisition strategy expected to deepen market penetration in adjacent sectors.
- Tech-Led Services Delivery: Heavy investment in AI and data to solidify client trust and engagement throughout the platform.
“Freedom’s 10‑K reveals a compelling strategy: build a digitally integrated financial super-ecosystem,” commented one analyst. “While short-term expenses are inevitable, the long-term payoff especially across Central Asia and Europe is substantial.”
Freedom Holding Corp. delivered another strong year while signaling a transformative shift toward digital-first, integrated financial services. With solid earnings, a massive brokerage base, and a bold acquisition roadmap, the company is positioning itself as a fintech leader in its target markets.
