Freedom Holding Corp
For the period ended Dec 31, 2024. Filed Feb 7, 2025.
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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.
Dec 31, 2024 · Filed Feb 7, 2025
FRHC$165.47-5.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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)
| December 31, 2024 | March 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents (including $50 and $203 from related parties) | $577,940 | $545,084 |
| Restricted cash (including $3,198 and $— with related parties) | 742,153 | 462,637 |
| Trading securities (including $1,128 and $1,326 with related parties) | 3,415,517 | 3,688,620 |
| Available-for-sale securities, at fair value | 418,614 | 216,621 |
| Margin lending, brokerage and other receivables, net (including $22,391 and $22,039 due from related parties) | 2,037,673 | 1,660,275 |
| Loans issued (including $139,514 and $147,440 to related parties) | 1,454,259 | 1,381,715 |
| Fixed assets, net | 159,384 | 83,002 |
| Intangible assets, net | 44,488 | 47,668 |
| Goodwill | 48,217 | 52,648 |
| Right-of-use asset | 39,242 | 36,324 |
| Insurance contract assets | 26,518 | 24,922 |
| Other assets, net (including $16,294 and $5,257 with related parties) | 171,040 | 102,414 |
| TOTAL ASSETS | $9,135,045 | $8,301,930 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Securities repurchase agreement obligations | $2,199,703 | $2,756,596 |
| Customer liabilities (including $51,017 and $44,127 to related parties) | 3,783,291 | 2,273,830 |
| Margin lending and trade payables | 319,043 | 867,880 |
| Liabilities from insurance activity | 407,877 | 297,180 |
| Current income tax liability | 48,276 | 32,996 |
| Debt securities issued | 468,835 | 267,251 |
| Lease liability | 40,401 | 35,794 |
| Liability arising from continuing involvement | 472,867 | 521,885 |
| Other liabilities (including $157 and $9,854 to related parties) | 132,007 | 81,560 |
| TOTAL LIABILITIES | $7,872,300 | $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; 60,619,217 shares issued and outstanding as of December 31, 2024, and 60,321,813 shares issued and outstanding as of March 31, 2024, respectively | 61 | 60 |
| Additional paid in capital | 222,968 | 183,788 |
| Retained earnings | 1,226,079 | 998,740 |
| Accumulated other comprehensive loss | (189,216) | (18,938) |
| TOTAL FRHC SHAREHOLDERS’ EQUITY | $1,259,892 | $1,163,650 |
| Non-controlling interest | 2,853 | 3,308 |
| TOTAL SHAREHOLDERS’ EQUITY | $1,262,745 | $1,166,958 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $9,135,045 | $8,301,930 |
The accompanying notes are an integral part of these condensed consolidated financial statements
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