Annual report pursuant to Section 13 and 15(d)

DESCRIPTION OF BUSINESS (Tables)

v3.24.1.1.u2
DESCRIPTION OF BUSINESS (Tables)
12 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule Of Wholly Owned Subsidiaries
As of March 31, 2024, the Company owned, directly or indirectly, the following companies:

Name of subsidiary Jurisdiction of Incorporation Number of subsidiaries Business Area
Brokerage Segment
Freedom Finance JSC ("Freedom KZ")
Kazakhstan
3
Securities broker-dealer
Freedom Finance Global PLC ("Freedom Global")
Kazakhstan —
Securities broker-dealer
Freedom Finance Europe Limited ("Freedom EU")
Cyprus
2
Securities broker-dealer
Freedom Finance Armenia LLC ("Freedom AR")
Armenia
—
Securities broker-dealer
Prime Executions, Inc. ("PrimeEx")
USA
—
Securities broker-dealer
Foreign Enterprise LLC Freedom Finance
Uzbekistan —
Securities broker-dealer
Banking Segment
Freedom Bank Kazakhstan JSC ("Freedom Bank KZ")
Kazakhstan 1
Commercial bank
Insurance Segment
Freedom Finance Life JSC ("Freedom Life")
Kazakhstan — Life/health insurance
Freedom Finance Insurance JSC ("Freedom Insurance")
Kazakhstan —
General insurance
Other segment
Ticketon Events LLP ("Ticketon")
Kazakhstan 3
Online ticket sales
Freedom Finance Special Purpose Company LTD ("Freedom SPC")
Kazakhstan —
Issuance of debt securities
Freedom Finance Commercial LLP
Kazakhstan —
Sales consulting
ITS Tech Limited
Kazakhstan
—
IT support
Freedom Technologies LLP ("Paybox")
Kazakhstan 5
Payment services
Aviata LLP ("Aviata")
Kazakhstan —
Online travel ticket aggregator
Internet-Tourism LLP ("Internet Tourism")
Kazakhstan —
Online travel ticket aggregator
Arbuz Group LLP ("Arbuz")
Kazakhstan 3
Online retail trade and e-commerce
Comrun LLP ("ReKassa")
Kazakhstan —
Mobile and web application
Freedom Telecom Holding Limited ("Freedom Telecom")
Kazakhstan 3
Telecommunications
Freedom Kazakhstan PC Ltd
Kazakhstan
6 Holding company
Freedom Advertising Ltd
Kazakhstan
—
Advertising
Freedom Shapagat Corporate Fund
Kazakhstan —
Non-profit
FRHC Fractional SPC LTD
Kazakhstan
—
Issuance of debt securities
Holding Operations LLP
Kazakhstan
—
Hiring and recruitment
Freedom Horizons LLP
Kazakhstan
— Business consulting and services
Freedom Finance Azerbaijan LLC
Azerbaijan — Financial educational center
Freedom Finance FZE.
UAE
— Consulting
Freedom Management Ltd.
UAE — Consulting
Freedom Finance Turkey LLC
Turkey
—
Financial consulting
Freedom Finance Technologies Ltd
Cyprus
— IT development
Freedom Prime UK Limited ("Prime UK")
UK — Management consulting
Freedom Structured Products PLC
Cyprus
—
Financial services
FFIN Securities, Inc.
USA —
Dormant
Freedom U.S. Market LLC
USA 1 Management company
LD Micro ("LD Micro")
USA —
Event platform