Freedom Holding Corp
For the period ended Mar 31, 2024. Filed Jun 14, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 14, 2024
FRHC$165.47-5.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of March 31, 202 and
FREEDOM HOLDING CORP.CONSOLIDATED BALANCE SHEETS(All amounts in thousands of United States dollars, unless otherwise stated)
| March 31, 2024 | March 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents (including $203 and $35,549 with related parties) | $545,084 | $581,417 |
| Restricted cash (including $— $114,885 with related parties) | 462,637 | 445,528 |
| Trading securities (including $1,326 and $556 with related parties) | 3,688,620 | 2,412,556 |
| Available-for-sale securities, at fair value | 216,621 | 239,053 |
| Margin lending, brokerage and other receivables, net (including $22,039 and $295,611 due from related parties) | 1,660,275 | 376,329 |
| Loans issued (including $147,440 and $121,316 to related parties) | 1,381,715 | 826,258 |
| Fixed assets, net | 83,002 | 54,017 |
| Intangible assets, net | 47,668 | 17,615 |
| Goodwill | 52,648 | 14,192 |
| Right-of-use asset | 36,324 | 30,345 |
| Insurance contract assets | 24,922 | 13,785 |
| Other assets, net (including $5,257 and $16,102 with related parties) | 102,414 | 73,463 |
| TOTAL ASSETS | $8,301,930 | $5,084,558 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Securities repurchase agreement obligations | $2,756,596 | $1,517,416 |
| Customer liabilities (including $44,127 and $130,210 to related parties) | 2,273,830 | 1,925,247 |
| Margin lending and trade payables (including $507 and $3,721 to related parties) | 867,880 | 122,900 |
| Liabilities from insurance activity (including $470 and $34 to related parties) | 297,180 | 182,502 |
| Current income tax liability | 32,996 | 4,547 |
| Debt securities issued | 267,251 | 60,025 |
| Lease liability | 35,794 | 30,320 |
| Liability arising from continuing involvement | 521,885 | 440,805 |
| Other liabilities (including $9,854 and $46 to related parties) | 81,560 | 30,060 |
| TOTAL LIABILITIES | $7,134,972 | $4,313,822 |
| Commitments and Contingent Liabilities (Note 29) | — | — |
| SHAREHOLDERS’ EQUITY | ||
| Preferred stock - $0.001 par value; $20,000,000 shares authorized, no shares issued or outstanding | — | — |
| Common stock - $0.001 par value; 500,000,000 shares authorized; 60,321,813 and 59,659,191 shares issued and outstanding as of March 31, 2024 and March 31, 2023, respectively | 60 | 59 |
| Additional paid in capital | 183,788 | 164,162 |
| Retained earnings | 998,740 | 647,064 |
| Accumulated other comprehensive loss | (18,938) | (34,000) |
| TOTAL FRHC SHAREHOLDERS’ EQUITY | $1,163,650 | $777,285 |
| Non-controlling interest | 3,308 | (6,549) |
| TOTAL SHAREHOLDERS’ EQUITY | $1,166,958 | $770,736 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $8,301,930 | $5,084,558 |
The accompanying notes are an integral part of these consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.