Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 237

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 237
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 months ended June 30, 2025Three months ended June 30, 2024 Change(amounts in thousands)Amount%*Amount%*Amount%Fee and commission income$107,642 20.2 %$115,489 25.4 %$(7,847)(7)%Net gain/(loss) on trading securities45,602 8.5 %(52,102)(11.5)%97,704 (188)%Interest income198,571 37.2 %226,004 49.7 %(27,433)(12)%Insurance premiums earned, net of reinsurance153,257 28.7 %129,408 28.4 %23,849 18 %Net (loss)/gain on foreign exchange operations(12,893)(2.4)%8,089 1.8 %(20,982)(259)%Net gain on derivatives15,459 2.9 %12,494 2.7 %2,965 24 %Sales of goods and services17,224 3 %5,220 1 %12,004 230 %Other income8,561 2 %10,397 2 %(1,836)(18)%Total revenue, net$533,423 100 %$454,999 100 %$78,424 17 %

*  Percentage of total revenue, net.

Fee and commission income 

The following table sets forth information regarding our fee and commission income for the periods presented.

Three months ended June 30,20252024Amount Change% ChangeBrokerage services$102,877 $93,167 $9,710 10 %Commission income from payment processing5,933 8,563 (2,630)(31)%Agency fee income4,538 4,708 (170)(4)%Underwriting and market-making services2,905 4,702 (1,797)(38)%Bank services(9,379)2,516 (11,895)(473)%Other fee and commission income768 1,833 (1,065)(58)%Total fee and commission income$107,642 $115,489 $(7,847)(7)%

65

The following table sets out the components of our fee and commission income as a percentage of total fee and commission income, net for the periods presented.

Three months ended June 30