Freedom (FRHC)

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Freedom Boat Club Acquires South Florida Franchise Operation and Territory, Accelerating Growth and Expanding its Southeast Florida Corporate Territory
GlobeNewswire News Room· 2024-09-13 10:00
VENICE, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Today, Freedom Boat Club, the world's largest boat club operator and a Brunswick Corporation (NYSE: BC) brand, announced its acquisition of the South Florida franchise operations and territory. Through this acquisition, Freedom Boat Club adds 13 corporate locations from Pompano Beach to Stuart, Florida, with the rights to expand throughout the Southeast Florida coastline. Located directly adjacent to Freedom's already established corporate locations in Fort L ...
Apollo Funds Acquire Freedom CNG, a Leading Provider of Renewable Natural Gas Fueling Infrastructure
GlobeNewswire News Room· 2024-09-12 20:15
Company Overview - Apollo-managed funds have acquired a majority interest in Freedom CNG, which operates compressed natural gas (CNG) and renewable natural gas (RNG) fueling infrastructure in Texas [1][2] - Freedom CNG was founded in 2012 and has developed a network of high-capacity fueling stations in the Houston Metro area, serving various customers including logistics companies and municipalities [2][7] Growth Potential - Freedom has established relationships with blue-chip customers and has significant growth potential through both organic and inorganic initiatives [3] - The company aims to meet the increasing demand for low-carbon alternative fuels, leveraging its experience and resources from Apollo [3][4] Market Context - Transportation accounts for over 25% of U.S. energy consumption, highlighting the need for sustainable energy solutions [3] - CNG, particularly when sourced as RNG from landfills, offers a cost-effective alternative that significantly reduces emissions while maintaining operational efficiency [3] Investment Strategy - Over the past five years, Apollo-managed funds have invested approximately $40 billion in energy transition and sustainability-related projects, including renewable fuels and infrastructure [4] - Apollo's strategy focuses on supporting the energy transition and providing capital solutions for growth in the clean energy sector [6]
Freedom Financial Holdings Announces Earnings for Second Quarter of 2024
Prnewswire· 2024-07-26 12:30
| --- | --- | --- | |-----------------------------------------|-----------|--------------------------------------------| | Total Capital Ratio | 14.01 % | June 30, 2024December 31, 2023 \n13.82 % | | Tier 1 Capital Ratio | 13.05 % | 12.65 % | | Common Equity Tier 1 Capital Ratio13.05 | % | 12.65 % | | Leverage Ratio | 10.28 % | 10.26 % | | --- | --- | --- | --- | |--------------------------------------|-------------------------------|--------------------------------|----------------| | | | | | | CONSOLIDATE ...
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent
GlobeNewswire News Room· 2024-07-02 10:00
Built on groundbreaking GPT-4o multimodal AI technology, Frank understands natural language and provides accurate and relevant answers whether you use text or voice. Frank can generate any image or text based on the input. Frank is available in over 100 languages worldwide and works worldwide. Frank's app is available in both the Apple Store and Google Play and boasts a 4.7 rating by current subscribers. "Per the terms of the LOI, a definitive agreement will be prepared, and the audit process will begin. On ...
Freedom Holding: Strong FY2024 Results, More Growth To Come
Seeking Alpha· 2024-06-19 11:20
Let's get straight to the latest financial results. Freedom Holding has reported impressive financials for fiscal 2024 (from April 1, 2023, to March 31, 2024), showing consolidated revenue surging by 105.5% YoY to $1.64 billion, while net profit climbed by 82.4% YoY to $375 million, translating to EPS of $6.37 (+93.6% YoY). Such strong growth, along with its consistent performance from quarter to quarter, has helped the stock increase by over 6%. Fortunately for hidden-gem-seekers, the company remains relat ...
Freedom (FRHC) - 2024 Q4 - Annual Report
2024-06-14 01:41
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.) ☐ Yes x No The aggregate m ...
7 ‘FIRE' Stocks to Put You on the Path to Financial Freedom
Investor Place· 2024-06-12 17:44
Because it's tied to one of the six leading causes of "finality," stress represents a silent public health crisis. And few things cause heightened stress than dealing with you-know-what at work. Therefore, the concept of financial freedom, retire early or FIRE has garnered significant momentum. To get there and to keep you there, we have some so-called FIRE stocks to discuss. Following that, we'll shift over into a few ideas that should be relevant for the long haul. These companies offer stable and predict ...
Freedom Holdings Corporate Update: Management Announces a Change of Audit Firms Has Been Completed
globenewswire.com· 2024-05-21 10:00
CHATSWORTH, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Freedom Holdings, Inc. aka Freedom Acquisition Corp (OTC: FHLD) ("FHLD" "the Company") is pleased to announce that the Company has engaged Olayinka Oyebola & CO Chartered Accountants to complete the requirement of having the financial statements audited by a member of the Public Company Accounting Oversight Board. (PCAOB). Operations have begun to execute the company's business plan to add shareholder value through organic and acquisitional growth. The Co ...
Hot US inflation raises doubts on imminent interest rate cuts
Proactive Investors· 2024-04-10 18:33
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Freedom (FRHC) - 2024 Q3 - Quarterly Report
2024-02-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number 001-33034 FREEDOM HOLDING CORP. (Exact name of registrant as specified in its charter) Nevada 30-0233726 (State or other ...