Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 117

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 117
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 30, 2025 as compared to approximately 1,170,000 as of March 31, 2025.

The operating results for any period are not necessarily indicative of the results that may be expected for any future period. 

64

RESULTS OF OPERATIONS

Comparison of the Three-month Periods Ended June 30, 2025 and 2024

The following comparison of our financial results for the three-month periods ended June 30, 2025 and 2024 is not necessarily indicative of future results.

Revenue

The following table sets out information on our total revenue, net for the periods presented. 

Three months ended June 30, 2025Three months ended June 30, 2024 Change(amounts in thousands)Amount%*Amount%*Amount%Fee and commission income$107,642 20.2 %$115,489 25.4 %$(7,847)(7)%Net gain/(loss) on trading securities45,602 8.5 %(52,102)(11.5)%97,704 (188)%Interest income198,571 37.2 %226,004 49.7 %(27,433)(12)%Insurance premiums earned, net of reinsurance153,257 28.7 %129,408 28.4 %23,849 18 %Net (loss)/gain on foreign exchange operations(12,893)(2.4)%8,089 1.8 %(20,982)(259)%Net gain on derivatives15,459 2.9 %12,494 2.7 %2,965 24 %Sales of goods and services17,224 3 %5,220 1 %12,004 230 %Other income8,561 2 %10,397 2 %(1,836)(18)%Total revenue, net$533,423 100 %$454,999 100 %$78,424 17 %

*  Percentage of total revenue, net.

Fee and commission income 

The following table sets forth information regarding our fee and commission income for the periods presented.

Three months ended June 30,20252024Amount Change% ChangeBrokerage services$102,877 $93,167 $9,710 10 %Commission income from payment processing5,933 8,563 (2,630)(31)%Agency fee income4