Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 237

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 237
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it(20,074)— 22 (31,356)(51,408)NET INCOME$223,749 $81,676 $42,914 $(68,864)$279,475 The following tables summarize the Company's total assets and total liabilities by its business segments as of the dates presented. Intercompany balances have been eliminated for separate disclosure.

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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)

December 31, 2024BrokerageBankingInsuranceOtherTotalTotal assets$3,232,400 $4,863,748 $664,321 $374,576 $9,135,045 Total liabilities2,443,186 4,314,126 512,685 602,303 7,872,300 Net assets$789,214 $549,622 $151,636 $(227,727)$1,262,745 March 31, 2024BrokerageBankingInsuranceOtherTotalTotal assets$2,586,803 $4,939,626 $529,517 $245,984 $8,301,930 Total liabilities1,973,887 4,389,745 402,865 368,475 7,134,972 Net assets$612,916 $549,881 $126,652 $(122,491)$1,166,958 FRHC’s chief operating decision maker (CODM) is Chief Executive Officer, Chief Financial Officer and President, which,  acting collectively, manages the Company, including allocating resources and measuring performance. Company’s CODM uses both GAAP total revenue and net income in assessing each segment’s performance and determining how to allocate resources among segments.BrokerageCompanies in the Brokerage segment offer securities brokerage, securities dealing for customers and for the Group's own account, market making activities, investment research, investment counseling, underwriting and market-making services to a global client base of retail investors, corporations, financial institutions, merchants and government and municipal entities. Companies in the Brokerage segment also conduct proprietary securities trading. The Group's services in this segment include providing clients with access to the world's largest stock exchanges and a gateway to global investment opportunities. Additionally, the Group's offerings in this segment include professional securities