Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 110

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 110
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 2025, there was a realized gain on trading securities of $82.7 million, which is attributable to Kazakhstan sovereign bonds sold during the six months ended September 30, 2025. Also, the Group has recognized an unrealized net gain of $29.9 million during the same period due to an increase in the value of securities positions held as of September 30, 2025. The majority of the unrealized net gain is attributable to Kazakhstan sovereign bonds.

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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 for the three months ended September 30, 2025 and September 30, 2024 includes:Three months ended September 30, 2025Three months ended September 30, 2024Interest income:Interest income on margin loans to customers$72,814 $40,917 Interest income on loans to customers66,678 49,393 Interest income on trading securities37,669 104,992 Interest income on held-to-maturity securities15,356 — Interest income on securities available-for-sale13,874 9,003 Interest income on reverse repurchase agreements and amounts due from banks5,271 6,019 Total interest income$211,662 $210,324 Interest expense:Interest expense on customer accounts and deposits$43,024 $23,696 Interest expense on securities repurchase agreement obligations34,051 86,116 Interest expense on debt securities issued17,500 6,969 Interest expense on margin lending payable5,598 7,416 Interest expense on loans received575 468 Other interest expense1,511 — Total interest expense$102,259 $124,665 Net interest income$109,403 $85,659 Net interest income/expense for the six months ended September 30, 2025 and September 30, 2024 includes:Six months ended September 30, 2025Six months ended September 30, 2024Interest income:Interest income on margin loans to customers$133,103 $91,984 Interest income on loans to customers128,372 101,760 Interest income on trading securities90,