Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 121

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 121
---
 portion of the issued guarantees are collateralized by cash. Total lending related commitments outstanding as of September 30, 2025, and March 31, 2025, were as follows: As of September 30, 2025As of March 31, 2025Unused commitments under lines of credits and guarantees$182,630 $44,239 Bank guarantees24,998 15,039 Total$207,628 $59,278 Capital expenditure commitmentsAs of September 30, 2025, the Group had contractual capital expenditure commitments of up to $116,808 related to Freedom Telecom Operations Ltd. for equipment and software acquisition. These commitments are expected to be settled under the relevant agreements within the 5-year period and fall within the scope of the Group’s ordinary capital investment activities.

57

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 24 – SEGMENT REPORTING

The following tables summarize the Company's Statement of Operations by its reportable segments for the periods presented. There are no revenues from transactions between the segments and intercompany balances have been eliminated in disclosures.Three months ended September 30, 2025STATEMENT OF OPERATIONSBrokerageBankingInsuranceOtherTotalFee and commission income$139,225 $(18,539)$— $11,552 $132,238 Net gain on trading securities12,613 14,901 4,426 5,164 37,104 Interest income78,164 114,403 17,893 1,202 211,662 Insurance premiums earned, net of reinsurance— — 125,228 — 125,228 Net gain/(loss) on foreign exchange operations4,423 (10,210)2,118 3,674 5 Net loss on derivative(29)(2,263)— (871)(3,163)Sales of goods and services— — — 19,998 19,998 Other income/(expense)488 7,430 1,224 (6,107)3,035 TOTAL REVENUE, NET234,884 105,722 150,889 34,612 526,107 Fee and commission expense13,184 7,108 41,