Company: FRHC
Filing Date: 2025-06-13
Form Type: 10-K
Source: 0000924805-25-000012
Chunk: 168

Company: Freedom Holding Corp.
Filing Date: 2025-06-13
Form: 10-K
Item: Item 7
Chunk 168
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%Other income17,072 9,696 7,376 76 %Total revenue, net$2,050,527 $1,666,352 $384,175 23 %

The following table sets out the components of our revenue as a percentage of total revenue, net for the fiscal years presented.

Year ended March 31,20252024Fee and commission income25 %26 %Net gain on trading securities(3)%8 %Interest income41 %50 %Insurance underwriting income30 %16 %Net gain on foreign exchange operations3 %4 %Net gain/(loss) on derivatives1 %(6)%Sales of goods and services2 %1 %Other income1 %1 %Total revenue, net100 %100 %     

Fee and commission income 

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

Year ended March 31,20252024Amount Change%ChangeBrokerage services$430,136 $333,383 $96,753 29 %Commission income from payment processing28,711 41,659 (12,948)(31)%Agency fee income15,61615,872 (256)(2)%Bank services13,336 25,180 (11,844)(47)%Underwriting and market-making services11,210 18,801 (7,591)(40)%Other fee and commission income6,017 5,438 579 11 %Total fee and commission income$505,026 $440,333 $64,693 15 %

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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 fiscal years presented.

Year ended March 31,20252024(as a % of total fee and commission income)Brokerage services85 %76 %Commission income from payment processing6 %9 %Agency fee income3 %4 %Bank services3 %6 %Underwriting and market-making services2 %4 %Other fee and commission income1 %1 %Total fee and commission income100 %100 %

Fee and commission income for the fiscal year ended March 31, 2025 amounted to $505.0 million, reflecting an increase of $64.7 million or 15% compared to $440.3 million in the fiscal