Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 209

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 209
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 CORP.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated)

Companies controlled by management215 125 Other1 1 Three Months Ended June 30, 2025Three Months Ended June 30, 2024Related party amountsTotal category as per financial statements captionsRelated party amountsTotal category as per financial statements captionsRevenue:Fee and commission income$684 $107,642 $866 $115,489 Management147 219 Companies controlled by management533 645 Other4 2 Interest income$583 $198,571 $270 $226,004 Management266 205 Companies controlled by management317 65 Insurance premiums earned, net of reinsurance$5,927 $153,257 $1,149 $129,408 Management11 3 Companies controlled by management5,914 500 Other2 646 Expense:Fee and commission expense$1,411 $84,871 $157 $80,147 Management1 — Companies controlled by management1,410 157 Interest expense$436 $113,410 $381 $145,718 Management110 109 Companies controlled by management313 267 Other13 5 Advertising and sponsorship expense$5,513 $24,463 $2,045 $21,896 Companies controlled by management5,513 2,045 General and administrative expense$681 $41,975 $680 $40,410 Management343 233 Companies controlled by management338 447 As of June 30, 2025 and March 31, 2025, the Group had loans issued which included uncollateralized bank customer loans purchased from FFIN Credit, a company outside of the Group which is controlled by Timur Turlov. As of June 30, 2025, 56% of the Group's total related party other assets consisted of a prepayment to Freedom Data Centers LLP (formerly, Freedom Telecom LLP) for the potential acquisition of A-Telecom LLP compared to 55% as of March 31, 2025. The potential acquisition of A-Telecom LLP is part of the Group’s strategy to expand its presence in the 

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Table of ContentsFREEDOM HOLDING CORP.NOTES TO CON