Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 207

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 207
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 recognized unrealized gain in the amount of $37,736. The principal factor contributing to the unrealized net gain is the increase in prices of debt securities with the Ministry of Finance of the Republic of Kazakhstan. During the three months ended June 30, 2024 the Group sold securities for a gain of $12,841 and recognized unrealized loss in the amount of $64,943.

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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)

NOTE 16 - NET INTEREST INCOME/EXPENSE

Net interest income/expense includes:Three months ended June 30, 2025Three months ended June 30, 2024Interest income:Interest income on loans to customers$61,694 $52,367 Interest income on margin loans to customers60,289 51,067 Interest income on trading securities52,576 107,128 Interest income on securities available-for-sale13,383 8,400 Interest income on reverse repurchase agreements and amounts due from banks5,456 7,042 Interest income on held-to-maturity securities5,173 — Total interest income$198,571 $226,004 Interest expense:Interest expense on securities repurchase agreement obligations$45,461 $92,407 Interest expense on customer accounts and deposits39,332 23,127 Interest expense on debt securities issued13,751 6,969 Interest expense on margin lending payable13,374 23,123 Interest expense on loans received510 44 Other interest expense982 48 Total interest expense$113,410 $145,718 Net interest income$85,161 $80,286 

NOTE 17 - NET GAIN ON DERIVATIVES 

Three months ended June 30, 2025Three months ended June 30, 2024Net realized gain on derivatives$17,413 $4,344 Net unrealized (loss)/gain on derivatives(1,954)8,150 Total net gain on derivatives$15,459 $12,494 

NOTE 18 – RELATED PARTY TRANSACTIONS

Related party transactions as of June 30, 2025 and March 31, 2025, consisted of the following:June 30, 2025March