Company: FRHC
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000924805-25-000031
Chunk: 43

Company: Freedom Holding Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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2,868 Change in deferred taxes(5,463)(796)Stock compensation expense23,054 10,615 Unrealized (gain)/loss on trading securities(37,736)64,943 Unrealized gain on derivatives1,954 (8,150)Net realized loss/(gain) on available-for-sale securities174 (18)Net change in accrued interest19,796 69,821 Loss on sale of fixed assets(85)— Gain from sale of Comrun LLP(1,613)— Gain from sale of ITS tech— (4,201)Change in insurance reserves59,624 40,958 Revaluation of investment in associates79 — Change in unused vacation reserves1,266 1,009 Allowance for expected credit losses4,822 (1,770)Changes in operating assets and liabilities:Trading securities227,270 (24,454)Margin lending, brokerage and other receivables (including $27,252 and $15,797 changes from related parties)449,567 399,425 Insurance contract assets6,653 565 Other assets(100,070)(70,073)Brokerage customer liabilities (including $101,411 and $40,843 changes from related parties)49,788 260,972 Current income tax liability10,283 7,492 Margin lending and trade payables (including $310 and $252 changes from related parties)(352,399)26,888 Lease liabilities(3,850)(1,539)Liabilities from insurance activity(5,191)(2,076)Other liabilities22,334 (4,941)Net cash flows from operating activities 480,831 854,066 Cash Flows Used In Investing ActivitiesPurchase of fixed assets and intangible assets(30,787)(24,178)Net change in loans issued to customers(205,794)(2,591)Purchase of available-for-sale securities, at fair value(40,740)(103,679)Proceeds from sale of available-for-sale securities, at fair value13,525 48,033 Purchase of held-to-maturity securities(239,241)— Capital contribution to investment in associate(20)(1,240)Cash, cash equivalents disposed from sale of Comrun LLP(55)— Cash, cash equivalents disposed from sale of ITS Tech— (542)Consideration paid for acquisition of Astel Group Ltd(10