Freedom Holding Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

RELATED PARTY TRANSACTIONS (Details)

v3.22.1

RELATED PARTY TRANSACTIONS (Details) - USD ($)	1 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS (Details) - USD ($)	Jul. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Fair Value, Separate Account Investment [Line Items]
Commission income		$ 309,688,000	$ 198,902,000	$ 79,143,000
Proportion of fee and commission income to related party commission income (in percent)		99.00%	98.00%	95.00%
Commission expenses		$ 16,307,000	$ 20,291,000	$ 3,668,000
Proportion of related party commission expense to related party commission expense (in percent)		58.00%	92.00%	80.00%
Interest income		$ 2,746,000	$ 44,000	$ 48,000
Restricted stock based compensation expense		$ 1,329,000	$ 0
Balance due to Wisdompoint Capital LTD (in percent)		100.00%	100.00%
Bank commission receivables form brokerage client from related parties		$ 244,000	$ 962,000
Margin lending receivables		$ 107,649,000	$ 9,886,000
Margin lending receivables due from FFIN brokerage (in percent)		95.00%	83.00%
Lending payables		$ 38,889,000	$ 13,810,000
Margin lending payables due to Wisdompoint Capital LTD (in percent)		100.00%	100.00%
Accounts payable due to a related party		$ 313,000	$ 339,000
Customer liabilities on brokerage and bank accounts		$ 401,197,000	$ 327,610,000
Customer liabilities related to deposits from FFIN Brokerage (in percent)		61.00%	91.00%
Restricted customer cash deposits related to customers of FFIN Brokerage (in percent)		78.00%	94.00%
Payments to acquire loans		$ 59,839,000	$ 0	0
Loans sold to microfinance organization		12,107,000	0	$ 0
Outstanding equity interest sold (in percent)	23.88%
Proceeds from Issuance or Sale of Equity	$ 416,000
Brokerage accounts
Fair Value, Separate Account Investment [Line Items]
Cash and cash equivalents		22,787,000	12,256,000
Financial liability due to a related party		1,637,000	1,707,000
Restricted customer cash		$ 222,651,000	$ 156,878,000

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