Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 124

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 124
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BankingInsuranceOtherTotalFee and commission income$108,640 $2,198 $32 $10,181 $121,051 Net gain on trading securities10,095 52,850 3,595 1,777 68,317 Interest income52,848 141,986 14,265 1,225 210,324 Insurance premiums earned, net of reinsurance— — 160,344 — 160,344 Net gain/(loss) on foreign exchange operations2,386 (1,566)275 5,384 6,479 Net gain on derivative455 5,853 — — 6,308 Sales of goods and services— — — 12,024 12,024 Other income373 188 (336)1,067 1,292 TOTAL REVENUE, NET174,797 201,509 178,175 31,658 586,139 Fee and commission expense7,964 3,325 74,161 5,387 90,837 Interest expense18,672 96,454 1,950 7,589 124,665 Insurance claims incurred, net of reinsurance— — 66,684 — 66,684 Payroll and bonuses15,915 23,724 7,755 18,816 66,210 Professional services1,867 68 430 5,880 8,245 Stock compensation expense6,282 2,175 1,929 1,670 12,056 Advertising and sponsorship expense14,702 829 114 16,788 32,433 General and administrative expense8,695 12,479 7,581 12,101 40,856 Allowance for/(recovery of) expected credit losses422 10,142 72 (209)10,427 Cost of sales— — — 5,239 5,239 TOTAL EXPENSE74,519 149,196 160,676 73,261 457,652 INCOME/(LOSS) BEFORE INCOME TAX$100,278 $52,313 $17,499 $(41,603)$128,487 Income tax (expense)/benefit(14,631)(6,643)(2,709)9,984 (13,