Freedom Holding (FRHC) Other Working Capital Changes (2010 - 2025)
Freedom Holding recorded quarterly Other Working Capital Changes of $23.9 million in Q4 2025, up 179.58% quarter-over-quarter from -$30.0 million in Q3 2025, and down 66.19% year-over-year from $70.5 million in Q4 2024.
Freedom Holding's Other Working Capital Changes history runs 15 years deep, the most recent figure standing at $23.9 million for Q4 2025.
- In Q4 2025, Other Working Capital Changes fell 66.19% year-over-year to $23.9 million; the TTM figure through Dec 2025 stood at $131.9 million (down 40.56% YoY), while the FY2025 annual figure was $268.6 million, up 260.54% from the prior year.
- Other Working Capital Changes came in at $23.9 million for Q4 2025 at Freedom Holding, up from -$30.0 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $100.1 million in Q2 2025 to a low of -$30.0 million in Q3 2025.
- A 5-year average of $24.4 million and a median of $13.2 million in 2021 frame the typical range for Other Working Capital Changes.
- On a YoY basis, Other Working Capital Changes climbed as much as 836.03% in 2022 and fell as far as 206.37% in 2022.
- Freedom Holding's Other Working Capital Changes stood at $7.7 million in 2021, then plunged by 206.37% to -$8.2 million in 2022, then soared by 736.47% to $52.2 million in 2023, then jumped by 35.11% to $70.5 million in 2024, then slumped by 66.19% to $23.9 million in 2025.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $23.9 million, -$30.0 million, and $100.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Freedom Holding | 8.88 Bn | 8.01 Bn | 603.27 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 |
| 5 | BRC Group Holdings | 323.63 Mn | 380.44 Mn | 319.70 Mn |
| 6 | Orix | - | - | 5.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.85 Mn |
| Dec 31, 2025 | 23.85 Mn |
| Sep 30, 2025 | -29.97 Mn |
| Sep 30, 2025 | -29.97 Mn |
| Jun 30, 2025 | 100.07 Mn |
| Jun 30, 2025 | 100.07 Mn |
| Mar 31, 2025 | 37.97 Mn |
| Mar 31, 2025 | 37.97 Mn |
| Dec 31, 2024 | 70.54 Mn |
| Dec 31, 2024 | 70.54 Mn |
| Sep 30, 2024 | 90.00 Mn |
| Sep 30, 2024 | 90.00 Mn |
| Jun 30, 2024 | 70.07 Mn |
| Jun 30, 2024 | 70.07 Mn |
| Mar 31, 2024 | -8.67 Mn |
| Mar 31, 2024 | -8.67 Mn |
| Dec 31, 2023 | 52.21 Mn |
| Dec 31, 2023 | 52.21 Mn |
| Sep 30, 2023 | 12.72 Mn |
| Sep 30, 2023 | 12.72 Mn |
| Jun 30, 2023 | 18.24 Mn |
| Jun 30, 2023 | 18.24 Mn |
| Mar 31, 2023 | -4.37 Mn |
| Mar 31, 2023 | -4.37 Mn |
| Dec 31, 2022 | -8.20 Mn |
| Dec 31, 2022 | -8.20 Mn |
| Sep 30, 2022 | 21.15 Mn |
| Sep 30, 2022 | 21.15 Mn |
| Jun 30, 2022 | 12.17 Mn |
| Jun 30, 2022 | 12.17 Mn |
| Mar 31, 2022 | 5.30 Mn |
| Mar 31, 2022 | 5.30 Mn |
| Dec 31, 2021 | 7.71 Mn |
| Dec 31, 2021 | 7.71 Mn |
| Sep 30, 2021 | 5.97 Mn |
| Sep 30, 2021 | 5.97 Mn |
| Jun 30, 2021 | -1.65 Mn |
| Jun 30, 2021 | -1.65 Mn |
| Mar 31, 2021 | 13.68 Mn |
| Mar 31, 2021 | 13.68 Mn |
| Sep 30, 2020 | -1.71 Mn |
| Sep 30, 2020 | -1.71 Mn |
| Jun 30, 2020 | -1.48 Mn |
| Jun 30, 2020 | -1.48 Mn |
| Mar 31, 2020 | 10.69 Mn |
| Mar 31, 2020 | 10.69 Mn |
| Dec 31, 2019 | -294,000.00 |
| Dec 31, 2019 | -294,000.00 |
| Sep 30, 2019 | 71,000.00 |
| Sep 30, 2019 | 71,000.00 |
| Jun 30, 2019 | -5.54 Mn |
| Jun 30, 2019 | -5.54 Mn |
| Mar 31, 2019 | -48,000.00 |
| Mar 31, 2019 | -48,000.00 |
| Dec 31, 2018 | 74,000.00 |
| Dec 31, 2018 | 74,000.00 |
| Sep 30, 2018 | -350,000.00 |
| Sep 30, 2018 | -350,000.00 |
| Jun 30, 2018 | 568,000.00 |
| Jun 30, 2018 | 568,000.00 |
| Mar 31, 2018 | 1.20 Mn |
| Mar 31, 2018 | 1.20 Mn |
| Dec 31, 2017 | 1.14 Mn |
| Dec 31, 2017 | 1.14 Mn |
| Sep 30, 2017 | 591,000.00 |
| Sep 30, 2017 | 591,000.00 |
| Jun 30, 2017 | 769,000.00 |
| Jun 30, 2017 | 769,000.00 |
| Mar 31, 2017 | -89,000.00 |
| Mar 31, 2017 | -89,000.00 |
| Dec 31, 2016 | -44,000.00 |
| Dec 31, 2016 | -44,000.00 |
| Sep 30, 2016 | -1.83 Mn |
| Sep 30, 2016 | -1.83 Mn |
| Jun 30, 2016 | 1.88 Mn |
| Jun 30, 2016 | 1.88 Mn |
| Mar 31, 2016 | -50,368.00 |
| Mar 31, 2016 | -50,368.00 |
| Dec 31, 2015 | 2,591.00 |
| Dec 31, 2015 | 2,591.00 |
| Sep 30, 2015 | -2,260.00 |
| Sep 30, 2015 | -2,260.00 |
| Jun 30, 2015 | 145.00 |
| Jun 30, 2015 | 145.00 |
| Mar 31, 2015 | -483.00 |
| Mar 31, 2015 | -483.00 |
| Mar 31, 2013 | -3.23 Mn |
| Mar 31, 2013 | -3.23 Mn |
| Dec 31, 2012 | 536,099.00 |
| Dec 31, 2012 | 536,099.00 |
| Sep 30, 2012 | 536,098.00 |
| Sep 30, 2012 | 536,098.00 |
| Jun 30, 2012 | 544,718.00 |
| Jun 30, 2012 | 544,718.00 |
| Mar 31, 2012 | -1.57 Mn |
| Mar 31, 2012 | -1.57 Mn |
| Dec 31, 2011 | 24,209.00 |
| Dec 31, 2011 | 24,209.00 |
| Sep 30, 2011 | 24,684.00 |
| Sep 30, 2011 | 24,684.00 |
| Jun 30, 2011 | -18,086.00 |
| Jun 30, 2011 | -18,086.00 |
| Mar 31, 2011 | 127,094.00 |
| Mar 31, 2011 | 127,094.00 |
| Dec 31, 2010 | -78,719.00 |
| Dec 31, 2010 | -78,719.00 |
| Sep 30, 2010 | -39,654.00 |
| Sep 30, 2010 | -39,654.00 |
| Jun 30, 2010 | -46,707.00 |
| Jun 30, 2010 | -46,707.00 |