Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 58

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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210 186,244 123,734 Professional services10,497 8,245 23,521 15,513 Stock compensation expense15,496 12,056 38,550 22,671 Advertising and sponsorship expense (including $4,892 and $4,644 from related parties for the three months ended, and $10,405 and $6,689 for the six months ended)27,502 32,433 51,965 54,329 General and administrative expense45,556 40,856 87,531 81,266 Allowance for expected credit losses11,944 10,427 16,766 8,657 Cost of sales15,139 5,239 29,042 9,523 TOTAL EXPENSE$465,621 $457,652 $958,529 $871,053 INCOME BEFORE INCOME TAX60,486 128,487 101,001 170,085 Income tax expense(21,765)(13,999)(31,884)(21,338)NET INCOME$38,721 $114,488 $69,117 $148,747 Less: Net loss attributable to non-controlling interest in subsidiary— (170)— (311)NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS$38,721 $114,658 $69,117 $149,058 OTHER COMPREHENSIVE INCOMEChange in unrealized gain on investments available-for-sale, net of tax effect4,403 4,306 7,401 7,680 Reclassification adjustment for net realized (gain)/loss on available-for-sale investments disposed of in the period, net of tax effect(929)185 (755)167 Foreign currency translation adjustments(65,528)(19,967)(107,332)(85,778)OTHER COMPREHENSIVE LOSS(62,054)(15,476)(100,686)(77,931)COMPREHENSIVE (LOSS)/INCOME BEFORE NON-CONTROLLING INTERESTS$(23,333)$99,012 $(31,569)$70,816 

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Table of ContentsFREEDOM HOLDING CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) (All amounts in thousands of United States