Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 242

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 242
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 exchange operations (347) 59,190 (1,846) (4,843) 52,154 Net gain/(loss) on derivative 463 (65,291) — 2 (64,826) Other income/(expense) 904 230 2,346 (32) 3,448 TOTAL REVENUE, NET 385,480 245,335 173,069 (4,743) 799,141 Fee and commission expense 33,126 9,097 22,824 613 65,660 Interest expense 43,089 130,693 18,492 16,673 208,947 Insurance claims incurred, net of reinsurance 1 — 77,328 — 77,329 Payroll and bonuses 37,583 21,749 11,733 10,754 81,819 Professional services 4,978 466 580 10,982 17,006 Stock compensation expense 5,648 372 279 2,994 9,293 Advertising and sponsorship expense 9,063 3,251 1,191 554 14,059 General and administrative expense 32,906 13,671 5,024 8,370 59,971 Allowance for expected credit losses 16,911 8,773 1,071 2,364 29,119 TOTAL EXPENSE 183,305 188,072 138,522 53,304 563,203 INCOME BEFORE INCOME TAX FROM CONTINUING OPERATIONS $ 202,175 $ 57,263 $ 34,547 $ (58,047) $ 235,938 Income tax (expense)/benefit (32,632) (7,832) (5,106) 2,794 (42,776) INCOME/(LOSS) FROM CONTINUING OPERATIONS $ 169,543 $ 49,431 $ 29,441 $ (55,253) $ 193,162 The following tables summarize the Company's total assets and total liabilities by its business segments. Intercompany balances have been eliminated for separate disclosure: March 31, 2025 Brokerage Banking Insurance Other Total Total assets $ 4,344,555 $ 4,441,315 $ 712,352 $ 415,795 $ 9,914,017 Total liabilities 3,588,781 3,936,900 571,335 602,