Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 125

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 125
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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 — 289,752 Net gain/(loss) on foreign exchange operations12,343 (21,261)1,395 22,091 14,568 Net gain on derivative1,331 17,471 — — 18,802 Sales of goods and services— — — 17,244 17,244 Other income2,850 615 446 7,778 11,689 TOTAL REVENUE, NET349,713 292,711 325,438 73,276 1,041,138 Fee and commission expense13,641 5,851 139,048 12,444 170,984 Interest expense53,293 196,341 5,833 14,916 270,383 Insurance claims incurred, net of reinsurance— — 113,993 — 113,993 Payroll and bonuses41,166 29,841 14,616 38,111 123,734 Professional services4,256 164 707 10,386 15,513 Stock compensation expense11,597 4,131 2,804 4,139 22,671 Advertising and sponsorship expense26,646 1,893 464 25,326 54,329 General and administrative expense18,908 24,864 12,799 24,695 81,266 Allowance for/(recovery of) expected credit losses93 9,