Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 218

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 218
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,526 64,887 7,057 80,147 Interest expense34,621 99,887 3,883 7,327 145,718 Insurance claims incurred, net of reinsurance— — 47,309 — 47,309 Payroll and bonuses25,251 6,117 6,861 19,295 57,524 Professional services2,389 96 277 4,506 7,268 Stock compensation expense5,315 1,956 875 2,469 10,615 Advertising and sponsorship expense11,944 1,064 350 8,538 21,896 General and administrative expense10,213 12,385 5,218 12,594 40,410 Allowance for/(recovery of) expected credit losses(329)(1,121)325 (645)(1,770)Cost of sales— — — 4,284 4,284 TOTAL EXPENSE95,081 122,910 129,985 65,425 413,401 INCOME/(LOSS) BEFORE INCOME TAX$79,835 $(31,708)$17,278 $(23,807)$41,598 Income tax (expense)/benefit(10,204)3,225 (3,475)3,115 (7,339)NET INCOME/(LOSS)$69,631 $(28,483)$13,803 $(20,692)$34,259 The following tables summarize the Company's total assets and total liabilities by its business segments as of the dates presented. Intercompany balances have been eliminated for separate disclosure.June 30, 2025BrokerageBankingInsuranceOtherTotalTotal assets$4,227,175 $4,236,036 $750,319 $476,223 $9,689,753 Total liabilities3,282,684 3,745,873 599,347 832,790 8,460,694 Net assets$944,491 $490,163 $150,972 $(356,567)$1,229,059 

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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)

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