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
Sep. 30, 2023
Mar. 31, 2023
ASSETS    
Cash and cash equivalents (including $0 and $35,549 from related parties) $ 463,875 $ 581,417
Restricted cash (including $62,965 and $114,885 from related parties) 386,874 445,528
Trading securities 3,603,884 2,412,556
Available-for-sale securities, at fair value 192,546 239,053
Margin lending, brokerage and other receivables, net (including $413,560 and $294,985 from related parties) 1,024,805 376,329
Loans issued (including $135,132 and $121,177 from related parties) 1,176,732 826,258
Fixed assets, net 66,448 54,017
Intangible assets, net 44,164 17,615
Goodwill 51,555 14,192
Right-of-use asset 34,212 30,345
Insurance contract assets 9,361 13,785
Other assets, net (including $— and $16,089 from related parties) 83,849 73,463
Total assets 7,138,305 5,084,558
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Securities repurchase agreement obligations 2,753,873 1,517,416
Customer liabilities (including $121,974 and $130,210 from related parties) 2,439,187 1,925,247
Margin lending and trade payables (including $0 and $3,239 from related parties) 166,501 122,900
Liabilities from insurance activity 209,222 182,502
Current income tax liability 22,512 4,547
Debt securities issued 66,003 60,025
Lease liability 34,186 30,320
Payable for acquisition (including $15,769 and $0 to related parties) 15,769 7,188
Liability arising from continuing involvement 458,608 440,805
Other liabilities (including $11,729 and $46 to related parties) 58,013 22,872
Total liabilities 6,223,874 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 and 59,659,191 shares issued and outstanding as of September 30, 2023, and March 31, 2023, respectively 59 59
Additional paid in capital 166,426 164,162
Retained earnings 807,149 647,064
Accumulated other comprehensive loss (62,550) (34,000)
TOTAL FRHC SHAREHOLDERS’ EQUITY 911,084 777,285
Non-controlling interest 3,347 (6,549)
TOTAL SHAREHOLDERS’ EQUITY 914,431 770,736
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 7,138,305 $ 5,084,558