Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 270

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 270
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178,175 31,658 586,139 Fee and commission expense7,964 3,325 74,161 5,387 90,837 Interest expense18,672 96,454 1,950 7,589 124,665 Insurance claims incurred, net of reinsurance— — 66,684 — 66,684 Payroll and bonuses15,915 23,724 7,755 18,816 66,210 Professional services1,867 68 430 5,880 8,245 Stock compensation expense6,282 2,175 1,929 1,670 12,056 Advertising and sponsorship expense14,702 829 114 16,788 32,433 General and administrative expense8,695 12,479 7,581 12,101 40,856 Allowance for/(recovery of) expected credit losses422 10,142 72 (209)10,427 Cost of sales— — — 5,239 5,239 TOTAL EXPENSE74,519 149,196 160,676 73,261 457,652 INCOME/(LOSS) BEFORE INCOME TAX$100,278 $52,313 $17,499 $(41,603)$128,487 Income tax (expense)/benefit(14,631)(6,643)(2,709)9,984 (13,999)NET INCOME/(LOSS)$85,647 $45,670 $14,790 $(31,619)$114,488 

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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)

Six months ended September 30, 2024STATEMENTS OF OPERATIONSBrokerageBankingInsuranceOtherTotalFee and commission income$206,583 $4,994 $147 $24,816 236,540 Net gain/(loss) on trading securities10,969 2,843 3,734 (1,331)16,215 Interest income115,637 288,049 29,964 2,678 436,328 Insurance premiums earned, net of reinsurance— — 289,752