Freedom Holdings swings to Q2 FY26 profit of USD 350,217; revenue more than doubled to USD 2.22 million
FRHC•Six-month results return to profit
For the six months ended March 31, 2026, net income totaled USD 161,428, returning to profit from a year-ago net loss as revenue climbed to USD 2.56 million.
Second-quarter profit and revenue surge
Freedom Holdings posted net income of USD 350,217 for the three months ended March 31, 2026, swinging from a year-ago net loss.
Revenue rose to USD 2.22 million from USD 109,332 a year earlier, reflecting USD 1.17 million recognized on in-progress solar projects.
Cash increases despite stockholders’ deficit
Cash increased to USD 512,626 at March 31, 2026 from USD 89,914 at Sept. 30, 2025, despite a stockholders’ deficit of USD 1.1 million.
Operating income improves as interest expense falls
Operating income improved to USD 370,918 from a year-ago operating loss, while interest expense fell to USD 20,701.
