FRHC RSI Chart
Last 7 days
-0.8%
Last 30 days
-5.7%
Last 90 days
-16.0%
Trailing 12 Months
-6.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 795.7M | 939.4M | 1.2B | 1.4B |
2022 | 712.6M | 760.9M | 623.5M | 713.5M |
2021 | 365.5M | 433.3M | 681.1M | 726.8M |
2020 | 83.4M | 153.9M | 224.5M | 295.0M |
2019 | 74.0M | 95.9M | 111.4M | 114.6M |
2018 | 55.2M | 56.9M | 58.5M | 60.1M |
2017 | 1.2M | 13.8M | 48.7M | 51.9M |
2016 | 222.5K | 1.2M | 1.1M | 1.2M |
2015 | 0 | 0 | 251.2K | 216.4K |
2014 | 0 | 0 | 0 | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 06, 2024 | tukanov renat | sold | -226,290 | 75.43 | -3,000 | chief technology officer |
Nov 20, 2023 | lukyanov sergey | sold | -206,925 | 82.77 | -2,500 | *see remarks |
Nov 17, 2023 | ler evgeny | sold | -1,031,380 | 82.51 | -12,500 | chief financial officer |
Nov 17, 2023 | lukyanov sergey | sold | -1,230,900 | 82.06 | -15,000 | *see remarks |
Nov 16, 2023 | lukyanov sergey | sold | -289,730 | 82.78 | -3,500 | *see remarks |
Oct 12, 2023 | kiriaku liudmila | sold | -255,360 | 85.12 | -3,000 | vp of compliance until 8/18/23 |
Mar 09, 2023 | tukanov renat | sold | -216,300 | 72.1 | -3,000 | chief technology officer |
Sep 28, 2021 | cherdabayev boris | sold | -379,686 | 62.51 | -6,074 | - |
Jul 26, 2021 | cherdabayev boris | sold | -804,140 | 64.85 | -12,400 | - |
May 18, 2021 | ler evgeny | acquired | - | - | 40,000 | chief financial officer |
Which funds bought or sold FRHC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 05, 2024 | CWM, LLC | new | - | - | - | -% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -1.44 | -304,176 | 4,581,300 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 5.15 | 1,142 | 2,338,210 | -% |
Feb 26, 2024 | Virtu Financial LLC | sold off | -100 | -332,000 | - | -% |
Feb 15, 2024 | JANE STREET GROUP, LLC | added | 35.01 | 758,138 | 3,422,440 | -% |
Feb 15, 2024 | Farther Finance Advisors, LLC | new | - | 1,612 | 1,612 | -% |
Feb 15, 2024 | BARCLAYS PLC | added | 8.92 | 10,000 | 287,000 | -% |
Feb 15, 2024 | Legal & General Group Plc | unchanged | - | -61,419 | 1,204,490 | -% |
Feb 14, 2024 | CITADEL ADVISORS LLC | added | 7,599 | 2,148,560 | 2,178,300 | -% |
Feb 14, 2024 | DEUTSCHE BANK AG\ | unchanged | - | -4,118 | 80,761 | -% |
Peers (Alternatives to Freedom Holding Corp-NV)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GS | 131.2B | 68.5B | 15.41 | 1.92 | ||||
CME | 75.3B | 5.6B | 23.33 | 13.39 | ||||
ICE | 75.0B | 9.9B | 31.67 | 7.57 | ||||
COIN | 51.4B | 3.1B | 542 | 16.54 | ||||
FDS | 16.4B | 2.2B | 33.45 | 7.6 | ||||
IBKR | 11.6B | 6.2B | 4.13 | 1.87 | ||||
MID-CAP | ||||||||
JEF | 8.8B | 8.2B | 33.55 | 1.07 | ||||
HLI | 7.9B | 1.8B | 30.4 | 4.28 | ||||
EVR | 7.1B | 2.4B | 27.64 | 2.89 | ||||
FRHC | 4.0B | 1.4B | 12.02 | 2.88 | ||||
CLSK | 3.2B | 214.4M | -39.37 | 15 | ||||
SMALL-CAP | ||||||||
DFIN | 1.8B | 797.2M | 21.82 | 2.25 | ||||
AMRK | 843.3M | 10.0B | 7.64 | 0.08 | ||||
COHN | 12.3M | 83.0M | -2.1 | 0.15 | ||||
AAMC | 7.9M | 5.3M | -0.24 | 2.49 |
Freedom Holding Corp-NV News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -3.9% | 419 | 436 | 316 | 229 | 214 | 180 | 173 | 147 | 124 | 317 | 124 | 161 | 78.00 | 70.00 | 56.00 | 43.00 | 30.00 | 33.00 | 29.00 | 23.00 | 26.00 |
Costs and Expenses | 2.0% | 307 | 301 | 232 | 158 | 163 | 118 | 121 | 136 | 67.00 | 76.00 | 66.00 | 105 | 33.00 | 42.00 | 28.00 | -12.31 | 26.00 | 21.00 | 20.00 | 19.00 | 17.00 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | 37.00 | 30.00 | 25.00 | 22.00 | 16.00 | 14.00 | 15.00 | 17.00 | 14.00 | 13.00 | 12.00 | 12.00 |
S&GA Expenses | 8.4% | 32.00 | 30.00 | 24.00 | 19.00 | 16.00 | 13.00 | 12.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA Margin | 2.4% | 0.61* | 0.60* | 0.57* | 0.57* | 0.48* | 0.50* | 0.62* | 0.63* | 0.66* | 0.66* | 0.52* | 0.51* | 0.41* | 0.35* | 0.39* | 0.48* | 0.05* | - | - | - | - |
Interest Expenses | -5.9% | 131 | 139 | 95.00 | 76.00 | 52.00 | 41.00 | 40.00 | 30.00 | 18.00 | 17.00 | 14.00 | 12.00 | 3.00 | 5.00 | 4.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Income Taxes | -19.1% | 16.00 | 19.00 | 17.00 | 16.00 | 5.00 | 13.00 | 9.00 | -0.41 | 2.00 | 32.00 | 5.00 | 10.00 | 7.00 | 5.00 | 5.00 | 5.00 | 0.00 | 3.00 | 1.00 | 0.00 | 1.00 |
Earnings Before Taxes | -17.1% | 112 | 135 | 85.00 | 71.00 | 51.00 | 62.00 | 52.00 | 11.00 | 57.00 | 241 | 58.00 | 56.00 | 46.00 | 28.00 | 29.00 | 4.00 | 4.00 | 12.00 | 10.00 | -14.25 | - |
EBT Margin | 0.4% | 0.29* | 0.29* | 0.29* | 0.30* | 0.25* | 0.29* | 0.47* | 0.51* | 0.57* | 0.59* | 0.43* | 0.43* | 0.36* | 0.29* | 0.31* | 0.35* | -0.07* | - | - | - | - |
Net Income | -16.8% | 96.00 | 116 | 68.00 | 55.00 | 63.00 | 26.00 | 61.00 | -82.98 | 51.00 | 207 | 55.00 | 60.00 | 42.00 | 24.00 | 24.00 | 4.00 | 4.00 | 9.00 | 8.00 | 3.00 | 9.00 |
Net Income Margin | -5.1% | 0.24* | 0.25* | 0.23* | 0.26* | 0.09* | 0.09* | 0.31* | 0.32* | 0.51* | 0.53* | 0.42* | 0.41* | 0.32* | 0.25* | 0.27* | 0.30* | 0.21* | - | - | - | - |
Free Cashflow | 91.4% | -38.49 | -446 | -924 | -497 | -450 | 228 | -270 | 230 | -659 | 82.00 | -64.29 | -75.69 | 309 | -394 | 689 | 8.00 | 12.00 | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 4.4% | 7,449 | 7,138 | 6,540 | 5,085 | 5,368 | 4,784 | 3,891 | 3,230 | 2,727 | 2,500 | 2,127 | 2,100 | 1,474 | 1,077 | 454 | 523 | 426 | 429 | 351 | 295 | 317 |
Cash Equivalents | 21.1% | 562 | 464 | 597 | 581 | 664 | 790 | 246 | 773 | 146 | 185 | 207 | 169 | 155 | 552 | 86.00 | 94.00 | 132 | 184 | 62.00 | 69.00 | 69.00 |
Net PPE | 17.5% | 78.00 | 66.00 | 64.00 | 54.00 | 44.00 | 37.00 | 22.00 | 18.00 | 17.00 | 21.00 | 20.00 | 16.00 | 18.00 | 7.00 | 6.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 4.00 |
Goodwill | 1.3% | 52.00 | 52.00 | 51.00 | 14.00 | 9.00 | 10.00 | 6.00 | 6.00 | 8.00 | 8.00 | 8.00 | 8.00 | 6.00 | 3.00 | 3.00 | 3.00 | 3.00 | - | - | - | - |
Liabilities | 3.0% | 6,410 | 6,224 | 5,714 | 4,314 | 4,686 | 4,163 | 3,284 | 2,684 | 2,136 | 1,957 | 1,795 | 1,825 | 1,363 | 901 | 324 | 381 | 292 | 303 | 233 | 184 | 207 |
Shareholder's Equity | 13.3% | 1,036 | 914 | 826 | 777 | 682 | 621 | 607 | 547 | 592 | 543 | 370 | 308 | 226 | 176 | 149 | 143 | 136 | 127 | 118 | 111 | 110 |
Retained Earnings | 11.9% | 904 | 807 | 691 | 647 | 592 | 529 | 503 | 442 | 516 | 465 | 260 | 209 | 156 | 114 | 66.00 | 62.00 | 57.00 | 48.00 | 41.00 | 39.00 | 30.00 |
Additional Paid-In Capital | 0.6% | 167 | 166 | 165 | 164 | 160 | 156 | 153 | 175 | 115 | 111 | 107 | 105 | 105 | 104 | 103 | 102 | 101 | 100 | 99.00 | 98.00 | 100 |
Shares Outstanding | 0% | 60.00 | 60.00 | 60.00 | - | 58,643 | 58,665 | 59,542 | - | 59,326 | 59,511 | - | 58,388 | 58,396 | - | - | 58.00 | 58.00 | 58.00 | 58.00 | - | - |
Minority Interest | -8.8% | 3.00 | 3.00 | 3.00 | -6.55 | -8.50 | -8.04 | -8.99 | -6.99 | -0.84 | -0.50 | -1.69 | -1.64 | -2.03 | -1.98 | -2.27 | -0.68 | 0.00 | - | - | - | - |
Float | - | - | - | - | 792 | - | - | - | 1,005 | - | 1,005 | - | - | - | 379 | - | - | 184 | - | - | - | 128 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 95.0% | -21,666 | -437,555 | -914,134 | -485,892 | -440,384 | 240,015 | -265,422 | 231,270 | -658,482 | 83,234 | -62,387 | -75,180 | 307,541 | -393,690 | 690,726 | 13,977 | 6,139 | -51,060 | 113,566 | 12,596 | 1,995 |
Share Based Compensation | 0.8% | 1,039 | 1,031 | 1,233 | 2,773 | 2,939 | 1,704 | 1,877 | 2,224 | 2,270 | 2,271 | 1,094 | 57.00 | -998 | 530 | 525 | -1,677 | 546 | 781 | 773 | 965 | 847 |
Cashflow From Investing | 20.9% | -142,880 | -180,635 | -269,518 | -821,923 | -318,134 | -138,928 | -184,259 | -105,504 | 25,433 | -58,523 | -7,729 | -92,933 | 77,989 | 16,056 | 5,234 | -9,168 | -377 | -9,504 | -714 | -684 | -2,033 |
Cashflow From Financing | -51.3% | 207,584 | 426,211 | 1,258,533 | 627,193 | 610,504 | 557,494 | 338,190 | 223,937 | 241,724 | 147,619 | 5,248 | 295,782 | 64,797 | 132,924 | -980 | 66,447 | -1,616 | 12,795 | -19,551 | 6,485 | 845 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |||
Revenue: | ||||||
Fee and commission income (including $30,112 and $44,590 from related parties) | $ 120,159 | $ 80,883 | $ 330,565 | $ 253,486 | ||
Net (loss)/gain on trading securities | (5,089) | 25,456 | 77,498 | 38,894 | ||
Interest income (including $7,566 and $10,796 from related parties) | 226,445 | 80,255 | 588,857 | 187,817 | ||
Insurance underwriting income | 79,017 | 28,557 | 181,882 | 78,998 | ||
Net gain on foreign exchange operations | 38,825 | 20,866 | 54,430 | 30,014 | ||
Net loss on derivative | (42,568) | (21,469) | (71,795) | (22,523) | ||
Other income/(expense) | 1,845 | (570) | 8,988 | (79) | ||
TOTAL REVENUE, NET | 418,634 | 213,978 | 1,170,425 | 566,607 | ||
Expense: | ||||||
Fee and commission expense (including $55 and $2,304 from related parties) | 42,818 | 18,314 | 103,116 | 60,068 | ||
Interest expense | 131,223 | 52,037 | 365,650 | 132,971 | ||
Insurance claims incurred, net of reinsurance | 40,989 | 17,419 | 96,491 | 51,586 | ||
Payroll and bonuses | 45,083 | 21,610 | 116,711 | 55,252 | ||
Professional services | 6,217 | 5,901 | 24,793 | 14,174 | ||
Stock compensation expense | 1,039 | 2,939 | 3,303 | 6,519 | ||
Advertising expense | 11,066 | 3,730 | 27,805 | 9,479 | ||
General and administrative expense (including $1,502 and $600 from related parties) | 32,106 | 16,428 | 86,211 | 40,943 | ||
(Recovery)/Allowance for expected credit losses | (3,526) | 24,140 | 15,462 | 30,294 | ||
TOTAL EXPENSE | 307,015 | 162,518 | 839,542 | 401,286 | ||
INCOME BEFORE INCOME TAX | 111,619 | 51,460 | 330,883 | 165,321 | ||
Income tax expense | (15,544) | (5,069) | (51,408) | (26,567) | ||
INCOME FROM CONTINUING OPERATIONS | 96,075 | 46,391 | 279,475 | 138,754 | ||
Income before income tax expense of discontinued operations | 0 | 13,667 | 0 | 14,467 | ||
Income tax benefit/(expense) of discontinued operations | 0 | 2,342 | 0 | (4,538) | ||
Income from discontinued operations | 0 | 16,009 | 0 | 9,929 | ||
NET INCOME | 96,075 | 62,400 | 279,475 | 148,683 | ||
Less: Net loss attributable to non-controlling interest in subsidiary | (293) | (464) | (842) | (1,508) | ||
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | 96,368 | 62,864 | 280,317 | 150,191 | ||
OTHER COMPREHENSIVE INCOME | ||||||
Change in unrealized gain/(loss) on investments available-for-sale, net of tax effect | 1,486 | (54) | 5,893 | 2,309 | ||
Reclassification adjustment for net realized (loss)/gain on available-for-sale investments disposed of in the period, net of tax effect | (1,881) | 320 | (3,145) | 197 | ||
Foreign currency translation adjustments | 28,100 | (5,611) | (3,593) | (301) | ||
OTHER COMPREHENSIVE INCOME/(LOSS) | 27,705 | (5,345) | (845) | 2,205 | ||
COMPREHENSIVE INCOME BEFORE NON-CONTROLLING INTERESTS | 123,780 | 57,055 | 278,630 | 150,888 | ||
Less: Comprehensive loss attributable to non-controlling interest in subsidiary | (293) | (464) | (842) | (1,508) | ||
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | $ 124,073 | $ 57,519 | $ 279,472 | $ 152,396 | ||
EARNINGS PER COMMON SHARE (In U.S. dollars): | ||||||
Earnings from continuing operations per common share - basic (in USD per share) | $ 1.65 | $ 0.79 | $ 4.79 | $ 2.37 | ||
Earnings from continuing operations per common share - diluted (in USD per share) | 1.63 | 0.78 | 4.73 | 2.33 | ||
Earnings from discontinued operations per common share - basic (Restated) (in USD per share) | [1] | 0 | 0.27 | 0 | 0.17 | |
Earnings from discontinued operations per common share - diluted (Restated) (in USD per share) | [1] | 0 | 0.27 | 0 | 0.17 | |
Earnings per common share - basic (Restated) (in USD per share) | [1] | 1.65 | 1.06 | 4.79 | 2.54 | |
Earnings per common share - diluted (Restated) (in USD per share) | [1] | $ 1.63 | $ 1.05 | $ 4.73 | $ 2.50 | |
Weighted average number of shares, basic (in shares) | 58,578,691,000 | 58,678,730,000 | 58,557,577,000 | 58,642,637,000 | ||
Weighted average number of shares, diluted (in shares) | 59,289,256,000 | 59,522,701,000 | 59,287,086,000 | 59,527,743,000 | ||
|
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Dec. 31, 2023 | Mar. 31, 2023 |
---|---|---|
ASSETS | ||
Cash and cash equivalents (including $— and $35,549 with related parties) | $ 561,883 | $ 581,417 |
Restricted cash (including $67,215 and $114,885 with related parties) | 384,553 | 445,528 |
Trading securities (including $16,220 and $556 with related parties) | 3,680,453 | 2,412,556 |
Assets measured at fair value | 202,497 | 239,053 |
Margin lending, brokerage and other receivables, net (including $43,241 and $295,611 due from related parties) | 961,392 | 376,329 |
Loans issued (including $144,289 and $121,316 to related parties) | 1,346,005 | 826,258 |
Fixed assets, net | 78,099 | 54,017 |
Intangible assets, net | 46,771 | 17,615 |
Goodwill | 52,238 | 14,192 |
Right-of-use asset | 34,180 | 30,345 |
Insurance contract assets | 12,728 | 13,785 |
Other assets, net (including $533 and $16,102 with related parties) | 88,244 | 73,463 |
TOTAL ASSETS | 7,449,043 | 5,084,558 |
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
Securities repurchase agreement obligations | 2,889,173 | 1,517,416 |
Customer liabilities (including $112,701 and $130,210 to related parties) | 2,248,042 | 1,925,247 |
Margin lending and trade payables (including $474 and $3,721 to related parties) | 145,804 | 122,900 |
Liabilities from insurance activity | 242,179 | 182,502 |
Current income tax liability | 27,711 | 4,547 |
Debt securities issued | 266,310 | 60,025 |
Lease liability | 34,614 | 30,320 |
Liability arising from continuing involvement | 494,513 | 440,805 |
Other liabilities (including $11,783 and $46 to related parties) | 61,447 | 30,060 |
TOTAL LIABILITIES | 6,409,793 | 4,313,822 |
Commitments and Contingent Liabilities (Note 23) | 0 | 0 |
SHAREHOLDERS’ EQUITY | ||
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding | 0 | 0 |
Common stock - $0.001 par value; 500,000,000 shares authorized; 59,659,191 and 59,659,191 shares issued and outstanding as of December 31, 2023, and March 31, 2023, respectively | 59 | 59 |
Additional paid in capital | 167,465 | 164,162 |
Retained earnings | 903,517 | 647,064 |
Accumulated other comprehensive loss | (34,845) | (34,000) |
TOTAL FRHC SHAREHOLDERS’ EQUITY | 1,036,196 | 777,285 |
Non-controlling interest | 3,054 | (6,549) |
TOTAL SHAREHOLDERS’ EQUITY | 1,039,250 | 770,736 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ 7,449,043 | $ 5,084,558 |