Freedom Holding Corp
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 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
Condensed Consolidated Balance Sheets as of
FREEDOM HOLDING CORP.CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)(All amounts in thousands of United States dollars, unless otherwise stated)
| September 30, 2024 | March 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents (including $1,915 and $203 from related parties) | $569,179 | $545,084 |
| Restricted cash (including $6,669 and $— with related parties) | 895,651 | 462,637 |
| Trading securities (including $1,231 and $1,326 with related parties) | 3,601,118 | 3,688,620 |
| Available-for-sale securities, at fair value | 284,580 | 216,621 |
| Margin lending, brokerage and other receivables, net (including $162,066 and $22,039 due from related parties) | 1,623,962 | 1,660,275 |
| Loans issued (including $141,290 and $147,440 to related parties) | 1,368,656 | 1,381,715 |
| Fixed assets, net | 142,446 | 83,002 |
| Intangible assets, net | 46,112 | 47,668 |
| Goodwill | 53,166 | 52,648 |
| Right-of-use asset | 37,028 | 36,324 |
| Insurance contract assets | 24,982 | 24,922 |
| Other assets, net (including $14,914 and $5,257 with related parties) | 169,375 | 102,414 |
| TOTAL ASSETS | $8,816,255 | $8,301,930 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Securities repurchase agreement obligations | $2,584,131 | $2,756,596 |
| Customer liabilities (including $191,607 and $44,127 to related parties) | 3,329,133 | 2,273,830 |
| Margin lending and trade payables | 303,411 | 867,880 |
| Liabilities from insurance activity | 364,156 | 297,180 |
| Current income tax liability | 27,844 | 32,996 |
| Debt securities issued | 267,341 | 267,251 |
| Lease liability | 37,664 | 35,794 |
| Liability arising from continuing involvement | 506,091 | 521,885 |
| Other liabilities (including $729 and $9,854 to related parties) | 133,248 | 81,560 |
| TOTAL LIABILITIES | $7,553,019 | $7,134,972 |
| Commitments and Contingent Liabilities (Note 23) | — | — |
| 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; 60,557,801 shares issued and outstanding as of September 30, 2024, and 60,321,813 shares issued and outstanding as of March 31, 2024, respectively | 61 | 60 |
| Additional paid in capital | 209,249 | 183,788 |
| Retained earnings | 1,147,798 | 998,740 |
| Accumulated other comprehensive loss | (96,869) | (18,938) |
| TOTAL FRHC SHAREHOLDERS’ EQUITY | $1,260,239 | $1,163,650 |
| Non-controlling interest | 2,997 | 3,308 |
| TOTAL SHAREHOLDERS’ EQUITY | $1,263,236 | $1,166,958 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $8,816,255 | $8,301,930 |
The accompanying notes are an integral part of these condensed 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.