Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 185

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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243,730 $91,537 $152,193 $— Non-U.S. sovereign debt9.96 %208,231 128,772 79,459 — U.S. sovereign debt2.73 %21,626 21,626 — — Total available-for-sale securities, at fair value$473,587 $241,935 $231,652 $— As of March 31, 2025, the fair value of held-to-maturity securities, determined using Level 1 inputs, totaled $45,216, and using Level 2 inputs, totaled $19,736. The table below presents the amortized cost, gross unrealized holding gains, gross unrealized holding losses, and fair value of held-to-maturity securities as of March 31, 2025.March 31, 2025Assets measured at amortized costGross unrecognized holding gainsGross unrecognized holding lossesFair value of held-to-maturityMaturity DateNon-US sovereign debt65,860 332 (1,240)64,952 2031 - 2037Total held-to-maturity securities$65,860 $332 $(1,240)$64,952 

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Table of ContentsFREEDOM HOLDING CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

The tables below present the valuation techniques and significant Level 3 inputs used in the valuation as of June 30, 2025, and March 31, 2025. The tables are not intended to be all inclusive, but instead capture the significant unobservable inputs relevant to determination of fair value.TypeValuation TechniqueFV as of June 30, 2025Significant Unobservable Inputs%Corporate equityDCF17,390 Discount rate23.5%Estimated number of years3 yearsTermination multiplier1xCorporate equityDCF2,018 Discount rate11.4%Estimated number of years5 yearsTermination multiplier0.95xCorporate debtDCF1,041 Discount rate13.2%Estimated number of years2 yearsCorporate equityDCF123 Discount rate58.8%Estimated number of years9 yearsTotal$20,572 TypeValuation TechniqueFV as of March 31, 2025Significant Unobservable Inputs%Corporate equityDCF18,193 Discount rate