Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.25.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents (including $50 and $203 from related parties) $ 577,940 $ 545,084
Restricted cash (including $3,198 and $— with related parties) 742,153 462,637
Trading securities (including $1,128 and $1,326 with related parties) 3,415,517 3,688,620
Available-for-sale securities, at fair value 418,614 216,621
Margin lending, brokerage and other receivables, net (including $22,391 and $22,039 due from related parties) 2,037,673 1,660,275
Loans issued (including $139,514 and $147,440 to related parties) 1,454,259 1,381,715
Fixed assets, net 159,384 83,002
Intangible assets, net 44,488 47,668
Goodwill 48,217 52,648
Right-of-use asset 39,242 36,324
Insurance contract assets 26,518 24,922
Other assets, net (including $16,294 and $5,257 with related parties) 171,040 102,414
TOTAL ASSETS 9,135,045 8,301,930
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Securities repurchase agreement obligations 2,199,703 2,756,596
Customer liabilities (including $51,017 and $44,127 to related parties) 3,783,291 2,273,830
Margin lending and trade payables 319,043 867,880
Liabilities from insurance activity 407,877 297,180
Current income tax liability 48,276 32,996
Debt securities issued 468,835 267,251
Lease liability 40,401 35,794
Liability arising from continuing involvement 472,867 521,885
Other liabilities (including $157 and $9,854 to related parties) 132,007 81,560
TOTAL LIABILITIES 7,872,300 7,134,972
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; 60,619,217 shares issued and outstanding as of December 31, 2024, and 60,321,813 shares issued and outstanding as of March 31, 2024, respectively 61 60
Additional paid in capital 222,968 183,788
Retained earnings 1,226,079 998,740
Accumulated other comprehensive loss (189,216) (18,938)
TOTAL FRHC SHAREHOLDERS’ EQUITY 1,259,892 1,163,650
Non-controlling interest 2,853 3,308
TOTAL SHAREHOLDERS’ EQUITY 1,262,745 1,166,958
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 9,135,045 $ 8,301,930