Freedom Holding Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Transaction-Based Revenues	491.02	505.03	440.33	327.22	335.21	216.01
Net Interest Income	364.5	328.56	327.11	85.75	44.66	16.03
Net Interest Income Growth	0.30%	0.44%	281.48%	91.99%	178.61%	374.12%
Other Revenues	699.48	681.05	397.8	177.23	232.97	92.4
Revenue	1,555	1,515	1,165	590.19	612.84	324.44
Revenue Growth (YoY)	-5.36%	29.98%	97.43%	-3.70%	88.89%	343.27%
Cost of Revenue	1,046	963.62	492.47	224.81	186.64	146.38
Gross Profit	509.25	551.01	672.77	365.39	426.2	178.06
Selling, General & Admin	423.48	375.62	216.17	100.33	55.99	22.63
Other Operating Expenses	46.28	62.45	21.23	29.12	6.52	3.62
Operating Income	39.48	112.95	435.37	235.94	363.69	151.81
Pretax Income	39.48	112.95	435.37	235.94	363.69	151.81
Provision for Income Taxes	36.49	28.43	60.42	42.78	38.57	23.31
Net Income	2.66	84.65	375.54	205.14	227.49	149.65
Minority Interest in Earnings	0.33	-0.13	-0.59	0.45	-6.57	0.63
Earnings From Discontinued Operations	-	-	-	12.42	-104.2	21.78
Net Income to Common	2.66	84.65	375.54	205.14	227.49	149.65
Net Income Growth	-99.17%	-77.46%	83.06%	-9.83%	52.02%	502.53%
Shares Outstanding (Basic)	60	59	59	59	59	58
Shares Outstanding (Diluted)	61	60	59	60	59	58
Shares Change (YoY)	1.30%	1.90%	-0.24%	0.21%	1.60%	0.33%
EPS (Basic)	0.03	1.43	6.37	3.50	3.84	2.56
EPS (Diluted)	0.02	1.40	6.33	3.45	3.84	2.56
EPS Growth	-99.63%	-77.88%	83.48%	-10.16%	50.00%	495.35%
Free Cash Flow	2,854	1,586	-1,108	-990.23	-411.99	527.88
Free Cash Flow Growth	79.99%	-	-	-	-	554.73%
Free Cash Flow Per Share	46.79	26.21	-18.67	-16.64	-6.94	9.03
Gross Margin	32.75%	36.38%	57.74%	61.91%	69.54%	54.88%
Operating Margin	2.54%	7.46%	37.36%	39.98%	59.35%	46.79%
Profit Margin	0.19%	5.58%	32.18%	32.73%	53.05%	39.61%
FCF Margin	183.54%	104.69%	-95.10%	-167.78%	-67.23%	162.71%
EBITDA	204.57	354.26	509.59	254.64	378.52	157.07
EBITDA Margin	13.16%	23.39%	43.73%	43.14%	61.76%	48.41%
EBIT	39.48	112.95	435.37	235.94	363.69	151.81
EBIT Margin	2.54%	7.46%	37.36%	39.98%	59.35%	46.79%
Effective Tax Rate	92.43%	25.17%	13.88%	18.13%	10.61%	15.35%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q