$FRHC: Freedom Holding Corp. - Common Stock

Freedom Holding Corp. (FRHC) is a holding company that provides online brokerage and investment services to retail and professional customers in Russia, Kazakhstan, and other CIS countries. The company's brokerage platform offers a variety of trading instruments, including stocks, bonds, currencies, and cryptocurrencies. FRHC also provides investment research and analysis, as well as margin lending and other financial services.

FRHC was founded in 1999 and is headquartered in Moscow, Russia. The company has over 1 million active clients and is one of the leading online brokerages in the CIS region. FRHC is listed on the Nasdaq Stock Exchange under the ticker symbol "FRHC."

In recent years, FRHC has expanded its product offerings and geographical reach. In 2021, the company launched a new mobile trading app and a robo-advisory service. FRHC also opened new offices in Kazakhstan and Uzbekistan.

FRHC is well-positioned to continue to grow in the years to come. The CIS region is a rapidly growing market for online brokerage services, and FRHC is one of the leading players in this market. The company is also expanding its product offerings and geographical reach, which should help it to attract new customers.

Here is a more detailed look at FRHC's business:

• Brokerage Services: FRHC's brokerage platform offers a variety of trading instruments, including stocks, bonds, currencies, and cryptocurrencies. The platform is available in Russian, English, and Kazakh.
• Investment Research and Analysis: FRHC provides investment research and analysis to its clients. The company's research team provides daily market commentary and analysis of individual stocks and sectors.
• Margin Lending: FRHC offers margin lending to its clients. This allows clients to borrow money from the company to finance their trading activities.
• Other Financial Services: FRHC also provides other financial services, such as custody services and asset management.

FRHC is a well-established and respected company in the CIS region. The company has a strong track record of growth and innovation. FRHC is well-positioned to continue to grow in the years to come.

Here are some of the risks to FRHC's business:

• Regulatory Risk: The CIS region is a rapidly changing regulatory environment. FRHC could face new regulations that could impact its business.
• Competition Risk: The CIS region is a competitive market for online brokerage services. FRHC faces competition from other domestic and international players.
• Cybersecurity Risk: FRHC's systems are exposed to cybersecurity risks. A data breach could damage the company's reputation and financial performance.

Despite these risks, FRHC is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the years to come.