SoFi shares rise as record revenue, member growth drive strong Q3 results
Freedom Holding Corp. (NASDAQ:FRHC), a $10.54 billion market cap company that has delivered an impressive 78% return over the past year, reported the results of its 2025 annual meeting of stockholders held on Monday, according to a statement based on a recent SEC filing. According to InvestingPro data, the company maintains a "GREAT" overall financial health score, though it trades at notably high earnings multiples.
Shareholders elected Timur Turlov and Philippe Vogeleer as Class III directors. Both will serve until the 2028 annual meeting or until successors are elected and qualified. The final vote count for Turlov was 42,878,028 in favor and 702,102 withheld, while Vogeleer received 43,227,975 in favor and 352,155 withheld. There were 1,871,967 broker non-votes for each candidate. With revenue growth of nearly 34% and strong price momentum, InvestingPro subscribers can access 7 additional key insights about the company’s performance and valuation metrics.
In an advisory vote, shareholders approved the compensation of the company’s named executive officers. The results showed 43,414,881 votes for, 165,102 against, 147 abstentions, and 1,871,967 broker non-votes.
Stockholders also ratified the appointment of Deloitte LLP in Kazakhstan as the company’s independent registered public accounting firm for the fiscal year ending March 31, 2026. The vote was 45,450,663 in favor, 1,222 against, and 212 abstentions.
As of the July 31, 2025 record date, Freedom Holding had 61,219,809 shares of common stock outstanding and entitled to vote at the meeting.
Freedom Holding Corp. is incorporated in Nevada and its common stock trades on the Nasdaq Capital Market under the symbol FRHC. All information in this article is based on a press release statement filed with the U.S. Securities and Exchange Commission.
In other recent news, Freedom Holding Corp. reported a 17% increase in revenue for the first quarter of fiscal 2026. This growth was attributed to the company’s expanding customer base and strong performance in its insurance segment. The financial results highlight the company’s ability to capitalize on market opportunities and expand its business operations. These developments come as the company seeks to further strengthen its market position. Investors have shown a positive reaction to the earnings report. The company did not provide additional details on future guidance or strategic initiatives. No analyst upgrades or downgrades were reported in conjunction with these earnings results.
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