Company: FRHC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000924805-25-000041
Chunk: 217

Company: Freedom Holding Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 217
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 effects of foreign exchange rate movements, 

15

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)

goodwill increased as a result of the acquisition of 100% interest in Astel Group Ltd. by Freedom Telecom, according to preliminary results. Final valuation of Astel Group Ltd. was not completed.The changes in the carrying amount of goodwill for three months ended September 30, 2025 and 2024, were as follows:BrokerageBankInsuranceOtherTotalGoodwill, grossBalance as of March 31, 2024$2,688 $2,746 $1,040 $46,174 $52,648 Foreign currency translation difference(75)(6)(75)(2,703)(2,859)Acquired— — — 3,377 3,377 Balance as of September 30, 2024$2,613 $2,740 $965 $46,848 $53,166 Balance as of March 31, 2025$2,568 $2,735 $921 $42,869 $49,093 Foreign currency translation difference(77)(594)(75)(3,163)(3,909)Write-off due to the sale— — — (560)(560)Acquired— — — 1,623 1,623 Balance as of September 30, 2025$2,491 $2,141 $846 $40,769 $46,247 Accumulated impairmentBalance as of March 31, 2024$— $— $— $— $— Impairment expense— — — — — Balance as of September 30, 2024$— $— $— $— $— Balance as of March 31, 2025$— $— $— $— $— Impairment expense— — — — — Balance as of September 30, 2025$— $— $— $— $— Goodwill, net of impairmentBalance as of September 30, 2024$2,613 $2