Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 267

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 267
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audited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

NOTE 24 – SEGMENT REPORTING

The following tables summarize the Company's Statement of Operations by its reportable segments for the periods presented. There are no revenues from transactions between the segments and intercompany balances have been eliminated in disclosures.Three months ended September 30, 2025STATEMENT OF OPERATIONSBrokerageBankingInsuranceOtherTotalFee and commission income$139,225 $(18,539)$— $11,552 $132,238 Net gain on trading securities12,613 14,901 4,426 5,164 37,104 Interest income78,164 114,403 17,893 1,202 211,662 Insurance premiums earned, net of reinsurance— — 125,228 — 125,228 Net gain/(loss) on foreign exchange operations4,423 (10,210)2,118 3,674 5 Net loss on derivative(29)(2,263)— (871)(3,163)Sales of goods and services— — — 19,998 19,998 Other income/(expense)488 7,430 1,224 (6,107)3,035 TOTAL REVENUE, NET234,884 105,722 150,889 34,612 526,107 Fee and commission expense13,184 7,108 41,322 2,548 64,162 Interest expense8,659 72,503 1,355 19,742 102,259 Insurance claims incurred, net of reinsurance— — 79,923 — 79,923 Payroll and bonuses32,534 22,695 8,759 29,155 93,143 Professional services1,869 484 516 7,628 10,497 Stock compensation expense4,900 2,831 406 7,359 15,496 Advertising and sponsorship expense9,694 2,548 143 15,117 27,502 General and administrative expense11,136 14,549 1,985 17,886 45,556 Allowance for/(recovery of) expected credit losses389 8,516 3,172 (133)11,944 Cost of sales— —