Freedom Holding Corp. celebrated its fifth anniversary on the Nasdaq exchange with record results

Freedom Holding Corp. celebrated its fifth anniversary on the Nasdaq exchange with record results

Freedom Holding Corp., a financial company that debuted on the Nasdaq exchange five years ago. celebrated the anniversary with a record high, reaching almost $107 per share. At the same time, the company’s turnover has also shown significant growth over the years.

Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its stock listing on the Nasdaq Capital Markets, where the company has demonstrated impressive growth in financial and operational results since its debut (15 October 2019) and established itself as a trusted and globally recognized brand.

On October 18, broke the company’s record, celebrating for the fifth year on the Nastaq stock exchange and arriving to $106.9 per share. The company’s ability to adapt and implement its strategic initiatives contributed to the company’s stock price reaching historic levels.

Excellent financial results require full transparency from a company

Listing on the Nasdaq stock exchange opened the way for the company to rapidly expand its business activities, while being a guarantee of transparency and reliability of Freedom Holding Corp’s business. Like other listed issuers, the company operates under the supervision of the US Securities and Exchange Commission (SEC) and complies with strict regulatory requirements. As a result, the company grew in 2024 double the turnover compared to the previous one, to 1.6 billion dollars, and a net profit of more than 80%, to 375 million dollars. In the first quarter of fiscal year 2025 (ending June 30, 2024), Freedom Holding Corp. increased turnover by 43% to $451 million. In the last five years, the company’s market value has increased eight times, reaching 6 billion dollars and occupying a place among the world’s largest financial companies.

“To be a company whose shares are listed on Nasdaq is a great challenge and an honor. It requires full transparency, careful information management and a high level of management from the entire team. To meet the world’s best practices, we work with the best specialists in our field. Although it is a difficult challenge, it pays off and is a worthwhile venture anyway,” said Freedom Holding Corp. managing director Timur Turlov.

Freedom Holding Corp. today serves 530,000 customers in the USA, Europe and Central Asia, offering high-quality financial services and various investment opportunities. The trading platform, on which the European arm of Freedom24 is built, offers investors unhindered access to more than a million financial instruments on the largest global stock markets.

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