Company: FRHC
Filing Date: 2025-07-29
Form Type: ARS
Source: 0000924805-25-000027
Chunk: 115

Company: Freedom Holding Corp.
Filing Date: 2025-07-29
Form: ARS
Chunk 115
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2024. Interest income The following table sets forth information regarding our interest income for the fiscal years presented: Year ended March, 31 2025 2024 Amount Change % Change Interest income on trading securities $ 378,350 $ 426,428 $ (48,078) (11) % Interest income on margin loans to customers 212,360 175,571 36,789 21 % Interest income on loans to customers 207,802 176,539 31,263 18 % Interest income on available-for-sale securities 40,297 32,821 7,476 23 % Interest income on reverse repurchase agreements and amounts due from banks 24,644 16,865 7,779 46 % Interest income on held-to-maturity securities 1,000 — 1,000 100 % Total interest income $ 864,453 $ 828,224 $ 36,229 4 % The following table sets out the components of our interest income as a percentage of total interest income, net for the fiscal years presented: Year ended March 31, 2025 2024 (as a % of total interest income) Interest income on trading securities 43.8 % 51.5 % Interest income on margin loans to customers 24.5 % 21.2 % Interest income on loans to customers 24.0 % 21.3 % Interest income on available-for-sale securities 4.7 % 4.0 % Interest income on reverse repurchase agreements and amounts due from banks 2.9 % 2.0 % Interest income on held-to-maturity securities 0.1 % — % Total interest income 100 % 100 % For the fiscal year ended March 31, 2025, we had interest income of $864.5 million, representing an increase of $36.2 million, or 4%, compared to the fiscal year ended March 31, 2024. The increase in interest income was primarily attributable to increases in interest income on margin loans to customers, loans to customers and securities available-for- sale. Interest income on margin loans to customers increased by $36.8 million, or 21%, due to an increase in the usage of margin loans for trades by our customers between the two periods. For the fiscal year ended March 31, 2025, we earned interest income from margin lending from a market maker customer of our Freedom Global subsidiary in an amount of approximately $32.8