Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
ASSETS    
Cash and cash equivalents (including $— and $35,549 from related parties) $ 597,364 $ 581,417
Restricted cash (including $59,914 and $114,885 from related parties) 501,887 445,528
Trading securities 3,369,066 2,412,556
Available-for-sale securities, at fair value 221,445 239,053
Margin lending, brokerage and other receivables, net (including $384,688 and $294,985 from related parties) 520,590 376,329
Loans issued (including $142,336 and $121,177 from related parties) 1,058,148 826,258
Fixed assets, net 63,852 54,017
Intangible assets, net 42,257 17,615
Goodwill 50,951 14,192
Right-of-use asset 34,461 30,345
Insurance contract assets 12,209 13,785
Other assets, net (including $— and $16,089 from related parties) 67,535 73,463
Total assets 6,539,765 5,084,558
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Securities repurchase agreement obligations 2,571,982 1,517,416
Customer liabilities (including $79,679 and $130,210 from related parties) 2,122,047 1,925,247
Margin lending and trade payables (including $— and $3,239 from related parties) 182,627 122,900
Liabilities from insurance activity 198,147 182,502
Current income tax liability 15,772 4,547
Debt securities issued 65,041 60,025
Lease liability 34,929 30,320
Payable for acquisition (including $15,769 and $— to related parties) 15,769 7,188
Liability arising from continuing involvement 459,122 440,805
Other liabilities (including $7,759 and $— to related parties) 48,593 22,872
Total liabilities 5,714,029 4,313,822
Commitments and Contingent Liabilities (Note 23) 0 0
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock - $0.001 par value; 500,000,000 shares authorized; 59,659,191 shares issued and outstanding as of June 30, 2023, and March 31, 2023, respectively 59 59
Additional paid in capital 165,395 164,162
Retained earnings 691,302 647,064
Accumulated other comprehensive loss (34,479) (34,000)
TOTAL FRHC SHAREHOLDERS’ EQUITY 822,277 777,285
Non-controlling interest 3,459 (6,549)
TOTAL SHAREHOLDERS’ EQUITY 825,736 770,736
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 6,539,765 $ 5,084,558