Freedom Historical Income Statement
FRHC Stock | USD 118.43 1.05 0.89% |
Historical analysis of Freedom Holding income statement accounts such as Total Revenue of 1.1 B or Gross Profit of 616.1 M can show how well Freedom Holding Corp performed in making a profits. Evaluating Freedom Holding income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Freedom Holding's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Freedom Holding Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Freedom Holding Corp is a good buy for the upcoming year.
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About Freedom Income Statement Analysis
Freedom Holding Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Freedom Holding shareholders. The income statement also shows Freedom investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Freedom Holding Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Freedom Holding Corp. It is also known as Freedom Holding overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Freedom Holding's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Freedom Holding Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Freedom Holding's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.1 B, whereas Total Other Income Expense Net is projected to grow to (197.5 M).
2010 | 2023 | 2024 (projected) | Research Development | 0.55 | 0.28 | 0.3 | Discontinued Operations | 12.4M | 11.2M | 9.9M |
Freedom Holding income statement Correlations
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Freedom Holding Account Relationship Matchups
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Freedom Holding income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.7M | 102.9M | 4.6M | 419.1M | 14.6M | 25.7M | |
Interest Expense | 12.4M | 27.4M | 75.9M | 208.9M | 501.1M | 526.2M | |
Total Revenue | 121.9M | 352.6M | 564.7M | 795.7M | 1.1B | 1.1B | |
Gross Profit | 100.0M | 279.5M | 483.4M | 570.9M | 586.8M | 616.1M | |
Other Operating Expenses | 80.8M | 152.1M | 242.8M | 325.1M | 418.4M | 439.3M | |
Operating Income | 40.5M | 200.4M | 315.8M | 193.2M | 643.3M | 675.5M | |
Ebit | 40.5M | 74.1M | 315.8M | 30.9M | 850.5M | 893.0M | |
Ebitda | 43.2M | 176.9M | 320.4M | 450.0M | 865.1M | 908.4M | |
Total Operating Expenses | 58.8M | 79.0M | 161.6M | 100.3M | 1.2B | 1.2B | |
Income Before Tax | 28.1M | 173.0M | 236.9M | 235.9M | 435.4M | 457.1M | |
Total Other Income Expense Net | (12.4M) | (126.0M) | (78.9M) | (205.5M) | (207.9M) | (197.5M) | |
Net Income | 24.8M | 149.7M | 227.5M | 205.1M | 375.5M | 394.3M | |
Income Tax Expense | 6.0M | 30.1M | 25.5M | 42.8M | 60.4M | 63.4M | |
Selling General Administrative | 22.5M | 15.7M | 44.1M | 86.3M | 177.8M | 169.0M | |
Cost Of Revenue | 21.9M | 73.1M | 81.2M | 224.8M | 474.9M | 498.7M | |
Selling And Marketing Expenses | 3.4M | 7.0M | 11.9M | 14.1M | 38.3M | 36.4M | |
Net Income From Continuing Ops | 22.1M | 203.1M | 211.4M | 193.2M | 375.0M | 393.7M | |
Net Income Applicable To Common Shares | 24.8M | 142.3M | 217.9M | 205.1M | 235.9M | 247.7M | |
Tax Provision | 6.0M | 30.1M | 25.5M | 42.8M | 60.4M | 63.4M | |
Net Interest Income | (12.4M) | (27.4M) | (75.9M) | (208.9M) | (501.1M) | (476.1M) | |
Reconciled Depreciation | 2.7M | 3.8M | 4.6M | 5.1M | 14.6M | 15.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freedom Holding. If investors know Freedom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freedom Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Earnings Share 5.7 | Revenue Per Share 22.019 | Quarterly Revenue Growth 0.5 | Return On Assets 0.0427 |
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.