other material
confidence high
sentiment neutral
materiality 0.60
Freedom Holding files 8-K/A with pro forma financials for Russian subsidiary sale
Freedom Holding Corp.
- Sale of 100% of Freedom RU and FFIN Bank closed Feb 27, 2023; pro forma data now filed.
- FY2022 pro forma net income from continuing ops $322.1M vs. historical $217.9M; pro forma EPS $5.43.
- FY2021 pro forma net income from continuing ops $120.5M vs. historical $142.3M; pro forma EPS $2.06.
- FY2020 pro forma net income from continuing ops $26.9M vs. historical $24.8M; pro forma EPS $0.46.
- Amendment aligns pro forma with Form 10-K/A filed Apr 26, 2023 correcting prior errors.