Freedom Holding (FRHC) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 95.0%
EBITDA Margin: 11.8%
Op. Margin: 6.2%
Net Margin: 1.6%

Op. margin of 6.2% is up 48.9% YoY — cost efficiency is improving. Net margin at 1.6% and gross margin of 95.0% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit