The latest financial statement is for the quarter ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Income before income tax | 93,945 | 101,001 | - |
| Income tax (expense)/benefit | 17,710 | 31,884 | - |
| Gain from sale of subsidiaries-Comrun LLPRe Kassa | - | - | 1,613 |
| Net income | 76,235 | 38,721 | 30,396 |
| Depreciation and amortization | 8,317 | 6,269 | 6,114 |
| Amortization of deferred acquisition costs | 10,111 | -2,618 | 70,018 |
| Non-cash lease expense | 5,040 | 4,366 | 4,046 |
| Change in deferred taxes | 6,665 | 6,914 | 5,463 |
| Stock compensation expense | 15,352 | 15,496 | 23,054 |
| Unrealized gain on trading securities | -8,827 | -7,816 | 37,736 |
| Unrealized gain on derivatives | 8,125 | -1,465 | -1,954 |
| Net realized (gain)/loss on available-for-sale securities | 4,103 | 929 | -174 |
| Net change in accrued interest | -42,592 | -6,646 | 19,796 |
| Loss on sale of fixed assets | -280 | 39 | 85 |
| Gain from sale of subsidiaries-Comrun LLP | 1 | 1,633 | - |
| Gain from sale of subsidiaries-ITSTech | 0 | 0 | 0 |
| Change in insurance reserves | -11,568 | -42,871 | -59,624 |
| Revaluation of investment in associates | 0 | -89 | -79 |
| Change in unused vacation reserves | 4,231 | 208 | 1,266 |
| Allowance for expected credit losses | -6,342 | -11,944 | -4,822 |
| Other non-cash income/expense | 9,999 | - | - |
| Trading securities | 289,883 | -156,368 | -227,270 |
| Margin lending, brokerage and other receivables (including 4,219 and 15,797 changes from related parties) | -602,505 | 672,128 | -449,567 |
| Insurance contract assets | 9,494 | 341 | -6,653 |
| Other assets | 23,851 | -29,971 | 100,070 |
| Brokerage customer liabilities (including 56,522 and 40,843 changes from related parties) | -327,903 | -1,356,706 | -49,788 |
| Current income tax liability | -1,554 | 13,194 | 10,283 |
| Margin lending and trade payables (including 234 and 252 changes from related parties) | -21,283 | 472,569 | 352,399 |
| Lease liabilities | 4,332 | 4,284 | 3,850 |
| Liabilities from insurance activity | 817 | -11,524 | -5,191 |
| Other liabilities | 19,572 | 27,809 | 22,334 |
| Net cash flows from operating activities | 717,784 | 535,281 | 480,831 |
| Purchase of fixed assets and intangible assets | 66,058 | 78,927 | 30,787 |
| Net change in loans issued to customers | 89,063 | 100,727 | 205,794 |
| Purchase of available-for-sale securities, at fair value | 144,999 | 166,957 | 40,740 |
| Proceeds from sale of available-for-sale securities, at fair value | 109,536 | 200,728 | 13,525 |
| Purchase of held-to-maturity securities | 48,278 | 32,606 | 239,241 |
| Capital contribution to investment in associate | 20 | 30 | 20 |
| Cash, cash equivalents disposed from sale of subsidiaries-Comrun LLP | 0 | 55 | - |
| Cash received from sale of business-ITSTech | 0 | 0 | - |
| Cash, cash equivalents disposed from sale of subsidiaries-ITSTech | 0 | 0 | 0 |
| Consideration paid for acquistions-Silk Net Com LLP | 0 | 2,672 | - |
| Consideration received at acquisitions-Silk Net Com LLP | 0 | 0 | - |
| Consideration received at acquisitions-Other Acquisitions | 0 | - | - |
| Consideration paid for acquistions-Other Acquisitions | 0 | - | - |
| Cash, cash equivalents disposed from sale of subsidiaries-Comrun LLPRe Kassa | - | - | 55 |
| Consideration paid for acquistions-Astel Group Ltd | -10 | 264 | 10,082 |
| Consideration received at acquisitions-Astel Group Ltd | 0 | 0 | 7,678 |
| Cash received from sale of business-Comrun LLP | 2 | 2,419 | - |
| Prepayment on acquisitions | 17,504 | 0 | 0 |
| Net cash flows used in investing activities | -256,374 | -179,036 | -505,516 |
| Net repayment of securities repurchase agreement obligations | 173,643 | -211,892 | -308,030 |
| Proceeds from issuance of debt securities | 328,826 | 71,025 | 199,204 |
| Net change in bank customer deposits | 254,890 | 217,543 | 196,178 |
| Repurchase of mortgage loans under the state program | 18,111 | 14,234 | 12,952 |
| Repurchase of debt securities | - | - | 0 |
| Funds received under state program for financing of mortgage loans | 17,002 | 16,402 | 16,223 |
| Net proceeds from loans received | 27,845 | 17,514 | 32,758 |
| Net cash flows from financing activities | 784,095 | 96,358 | 123,381 |
| Effect of changes in foreign exchange rates on cash and cash equivalents | 319,262 | -172,799 | -74,207 |
| Effect of expected credit losses on cash and cash equivalents and restricted cash | -429 | -466 | -393 |
| Net change in cash, cash equivalents and restricted cash | 1,564,338 | 279,338 | 24,096 |
| Cash and cash equivalents at beginning of period | 1,948,204 | 1,644,770 | - |
| Cash and cash equivalents at end of period | 3,512,542 | 1,948,204 | - |
Freedom Holding Corp. (FRHC)
Freedom Holding Corp. (FRHC)