Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 243

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 243
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643 8,699,659 Net assets $ 755,774 $ 504,415 $ 141,017 $ (186,848) $ 1,214,358 Table of Contents FREEDOM HOLDING CORP. NOTES TO AUDITED CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2024 (All amounts in thousands of United States dollars, except share data, unless otherwise stated) 168

March 31, 2024 Brokerage Banking Insurance Other Total Total assets $ 2,586,803 $ 4,939,626 $ 529,517 $ 245,984 $ 8,301,930 Total liabilities 1,973,887 4,389,745 402,865 368,475 7,134,972 Net assets $ 612,916 $ 549,881 $ 126,652 $ (122,491) $ 1,166,958 The following table presents revenues for the years ended March 31, 2025, 2024, and 2023 and long-lived assets as of March 31, 2025 and March 31, 2024, classified by the major geographic areas based on subsidiaries' location. Year ended March 31, 2025 Revenue Brokerage Banking Insurance Other Total Kazakhstan $ 466,168 $ 506,075 $ 683,026 $ 94,822 $ 1,750,091 Armenia 181,698 — — — 181,698 Cyprus 63,179 — — 6,311 69,490 US 3,431 — — 40,520 43,951 Other 2,873 73 — 2,351 5,297 TOTAL REVENUE, NET $ 717,349 $ 506,148 $ 683,026 $ 144,004 $ 2,050,527 Year ended March 31, 2024 Revenue Brokerage Banking Insurance Other Total Kazakhstan $ 450,058 $ 615,870 $ 344,601 $ 79,814 $ 1,490,343 Cyprus 115,878 — — 2,454 118,332 Armenia 43,132 — — — 43,132 US 11,372 — — 1,470 12,842 Other 1,514 — — 189 1,703 TOTAL REVENUE, NET $ 621,954 $ 615,870 $ 344,601 $ 83,927