Company: FRHC
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0000924805-25-000002
Chunk: 188

Company: Freedom Holding Corp.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 188
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ikistan—Commercial bankInsurance SegmentFreedom Finance Life JSC ("Freedom Life")Kazakhstan—Life/health insuranceFreedom Finance Insurance JSC ("Freedom Insurance")Kazakhstan—General insuranceOther SegmentTicketon Events LLP ("Ticketon")Kazakhstan3Online ticket salesFreedom Finance Special Purpose Company LTD ("Freedom SPC")Kazakhstan—Issuance of debt securitiesFreedom Finance Commercial LLPKazakhstan—Sales consultingFreedom Technologies LLP ("Paybox")Kazakhstan5Payment servicesAviata LLP ("Aviata")Kazakhstan—Online travel ticket aggregator Internet-Tourism LLP ("Internet Tourism")Kazakhstan—Online travel ticket aggregatorArbuz Group LLP ("Arbuz")Kazakhstan3Online retail trade and e-commerceComrun LLP ("ReKassa")Kazakhstan—Mobile and web applicationFreedom Telecom Holding Limited ("Freedom Telecom")Kazakhstan5TelecommunicationsFreedom Kazakhstan PC LtdKazakhstan9Holding company 

11

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)

Freedom Advertising LtdKazakhstan—AdvertisingFreedom Shapagat Corporate Fund Kazakhstan—Non-profitFRHC Fractional SPC LTD Kazakhstan—Issuance of debt securitiesFreedom Holding Operations LLPKazakhstan—Human resourcesFreedom Horizons LLPKazakhstan—Business consulting and servicesCLUB T LLP ("CLUB T")Kazakhstan—Restaurant and cafe operationsFreedom Finance Azerbaijan LLCAzerbaijan—Financial educational centerFreedom Finance FZE.UAE—ConsultingFreedom Management Ltd.UAE—ConsultingFreedom Finance Turkey LLCTurkey—Financial consultingFreedom Finance Technologies LtdCyprus—IT developmentFreedom Prime UK Limited ("Prime UK")UK—Management consultingFreedom Structured Products PLCCyprus—Financial servicesFFIN Securities, Inc. USA—DormantFreedom U.S. Market LLCUSA2Management companyLD Micro ("LD Micro")USA—Event platformFreedom US Technologies LLCUSA—Technology servicesTotal subsidiaries57Through its subsidiaries, the Company offers a diverse range of financial services, including banking, brokerage, and insurance, as well as lifestyle services such as online payments, travel, ticketing, e-commerce, and telecommunications and media businesses in Kazakhstan that are in a developmental stage. It operates as a professional participant in the financial markets, holding banking and insurance licenses, as well as licenses to provide various services across multiple