Freedom Holding (FRHC) Change in Receivables (2015 - 2025)
Freedom Holding recorded quarterly Change in Receivables of -$245.7 million in Q4 2025, down 136.55% quarter-over-quarter from $672.1 million in Q3 2025, and down 147.4% year-over-year from $518.3 million in Q4 2024.
Freedom Holding's Change in Receivables history runs 11 years deep, the most recent figure standing at -$245.7 million for Q4 2025.
- In Q4 2025, Change in Receivables fell 147.4% year-over-year to -$245.7 million; the TTM figure through Dec 2025 stood at $1.2 billion (down 32.64% YoY), while the FY2025 annual figure was $1.7 billion, up 37.0% from the prior year.
- Change in Receivables came in at -$245.7 million for Q4 2025 at Freedom Holding, down from $672.1 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $1.3 billion in Q1 2024 to a low of -$449.6 million in Q2 2025.
- A 5-year average of $150.0 million and a median of $5.6 million in 2022 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables soared 14598.07% in 2024 and plunged 25499.27% in 2025, its largest moves.
- Freedom Holding's Change in Receivables stood at -$48.3 million in 2021, then surged by 115.77% to $7.6 million in 2022, then tumbled by 53.71% to $3.5 million in 2023, then jumped by 14598.07% to $518.3 million in 2024, then sank by 147.4% to -$245.7 million in 2025.
- According to Business Quant data, Change in Receivables over the past three periods registered -$245.7 million, $672.1 million, and -$449.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Freedom Holding | 8.88 Bn | 8.01 Bn | 603.27 Mn | -245.67 Mn |
| 2 | Voya Financial | 7.67 Bn | 9.49 Bn | 1.47 Bn | - |
| 3 | Hilltop Holdings | 2.21 Bn | 2.24 Bn | -2.46 Mn | - |
| 4 | LendingTree | 507.89 Mn | 422.38 Mn | 88.70 Mn | 7.11 Mn |
| 5 | BRC Group Holdings | 323.63 Mn | 380.44 Mn | 319.70 Mn | 12.21 Mn |
| 6 | Orix | - | - | 5.07 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -245.67 Mn |
| Dec 31, 2025 | -245.67 Mn |
| Sep 30, 2025 | 672.13 Mn |
| Sep 30, 2025 | 672.13 Mn |
| Jun 30, 2025 | -449.57 Mn |
| Jun 30, 2025 | -449.57 Mn |
| Mar 31, 2025 | 1.23 Bn |
| Mar 31, 2025 | 1.23 Bn |
| Dec 31, 2024 | 518.25 Mn |
| Dec 31, 2024 | 518.25 Mn |
| Sep 30, 2024 | -10.43 Mn |
| Sep 30, 2024 | -10.43 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Jun 30, 2024 | 1.77 Mn |
| Mar 31, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 3.53 Mn |
| Dec 31, 2023 | 3.53 Mn |
| Sep 30, 2023 | -4.66 Mn |
| Sep 30, 2023 | -4.66 Mn |
| Jun 30, 2023 | -14.33 Mn |
| Jun 30, 2023 | -14.33 Mn |
| Mar 31, 2023 | -299.84 Mn |
| Mar 31, 2023 | -299.84 Mn |
| Dec 31, 2022 | 7.62 Mn |
| Dec 31, 2022 | 7.62 Mn |
| Sep 30, 2022 | 177.94 Mn |
| Sep 30, 2022 | 177.94 Mn |
| Jun 30, 2022 | 85.16 Mn |
| Jun 30, 2022 | 85.16 Mn |
| Mar 31, 2022 | -144.18 Mn |
| Mar 31, 2022 | -144.18 Mn |
| Dec 31, 2021 | -48.29 Mn |
| Dec 31, 2021 | -48.29 Mn |
| Sep 30, 2021 | 135.82 Mn |
| Sep 30, 2021 | 135.82 Mn |
| Jun 30, 2021 | 54.15 Mn |
| Jun 30, 2021 | 54.15 Mn |
| Mar 31, 2021 | 37.62 Mn |
| Mar 31, 2021 | 37.62 Mn |
| Sep 30, 2020 | -65.10 Mn |
| Sep 30, 2020 | -65.10 Mn |
| Jun 30, 2020 | 16.84 Mn |
| Jun 30, 2020 | 16.84 Mn |
| Mar 31, 2020 | -63.48 Mn |
| Mar 31, 2020 | -63.48 Mn |
| Dec 31, 2019 | 80.57 Mn |
| Dec 31, 2019 | 80.57 Mn |
| Sep 30, 2019 | 34.07 Mn |
| Sep 30, 2019 | 34.07 Mn |
| Jun 30, 2019 | -34.22 Mn |
| Jun 30, 2019 | -34.22 Mn |
| Mar 31, 2019 | 23.21 Mn |
| Mar 31, 2019 | 23.21 Mn |
| Dec 31, 2018 | -24.96 Mn |
| Dec 31, 2018 | -24.96 Mn |
| Sep 30, 2018 | 38.22 Mn |
| Sep 30, 2018 | 38.22 Mn |
| Jun 30, 2018 | 15.71 Mn |
| Jun 30, 2018 | 15.71 Mn |
| Mar 31, 2018 | 19.13 Mn |
| Mar 31, 2018 | 19.13 Mn |
| Dec 31, 2017 | -2.77 Mn |
| Dec 31, 2017 | -2.77 Mn |
| Sep 30, 2017 | -13.90 Mn |
| Sep 30, 2017 | -13.90 Mn |
| Jun 30, 2017 | 18.94 Mn |
| Jun 30, 2017 | 18.94 Mn |
| Mar 31, 2017 | -191,000.00 |
| Mar 31, 2017 | -191,000.00 |
| Dec 31, 2016 | -205,000.00 |
| Dec 31, 2016 | -205,000.00 |
| Sep 30, 2016 | 691,000.00 |
| Sep 30, 2016 | 691,000.00 |
| Jun 30, 2016 | -250,000.00 |
| Jun 30, 2016 | -250,000.00 |
| Mar 31, 2015 | -1,300.00 |
| Mar 31, 2015 | -1,300.00 |