Annual report [Section 13 and 15(d), not S-K Item 405]

DESCRIPTION OF BUSINESS (Tables)

v3.25.1
DESCRIPTION OF BUSINESS (Tables)
12 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of wholly owned subsidiaries
As of March 31, 2025, the Company owned, directly or indirectly, the following subsidiaries:
Name of subsidiary Jurisdiction of Incorporation Business Area
Brokerage Segment
Freedom Finance JSC ("Freedom KZ")
Kazakhstan Securities broker-dealer
Freedom Finance Global PLC ("Freedom Global")
Kazakhstan Securities broker-dealer
Freedom Finance Europe Limited ("Freedom EU") Cyprus Securities broker-dealer
Freedom24 Bulgaria VCC Bulgaria Securities broker-dealer
Freedom24 Greece Single Members P.C Greece Securities broker-dealer
Freedom24 Poland LTD Poland Securities broker-dealer
Freedom24 Lithuania, UAB Lithuania Securities broker-dealer
Freedom24 Iberia SL Spain Securities broker-dealer
Freedom24 Netherlands B.V. Netherlands Securities broker-dealer
Freedom Finance Armenia LLC ("Freedom AR") Armenia Securities broker-dealer
Freedom Capital Markets (ex. "PrimeEx") USA Securities broker-dealer
Foreign Enterprise LLC Freedom Finance Uzbekistan Securities broker-dealer
Freedom Broker LLC Kyrgyzstan Securities broker-dealer
Freedom Broker Global Markets Ltd UAE Securities broker-dealer
FREEDOM YATIRIM MENKUL DEĞERLER ANONİM ŞİRKETİ Turkey Securities broker-dealer
Banking Segment
Freedom Bank Kazakhstan JSC ("Freedom Bank KZ")
Kazakhstan Commercial bank
Freedom Bank Tajikistan CJSC ("Freedom Bank TJ") Tajikistan Commercial bank
OUSA Nova LLP Kazakhstan Stress asset management company
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 Online ticket sales
Chiptahoi Muosir LLC Tajikistan Online ticket sales
Ticketon Events KG LLC Kyrgyzstan Online ticket sales
Ticketon LLC Uzbekistan Online ticket sales
Freedom Finance Special Purpose Company LTD ("Freedom SPC") Kazakhstan Issuance of debt securities
Freedom Finance Commercial LLP Kazakhstan Sales consulting
Freedom Technologies LLP ("Paybox") Kazakhstan Payment services
Freedom Processing LLP Kazakhstan IT Solutions and products processes data for payment services
Freedom Pay LLP Kazakhstan Payment platform
Paybox Money LLP Kazakhstan Implementation of payment services
Freedom Pay Kyrgyzstan Kyrgyzstan Provision of payment services
Freedom Payments LLC Uzbekistan Provision of 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 Online retail trade and e-commerce
Prime Retail LLP Kazakhstan Online retail trade and e-commerce
Retail Prime Astana LLP Kazakhstan Online retail trade and e-commerce
Arbuz Pharma LLP Kazakhstan Retail (pharmaceuticals)
Comrun LLP ("ReKassa") Kazakhstan Mobile and web application
Freedom Telecom Holding Limited ("Freedom Telecom") Kazakhstan Telecommunications
Freedom Telecom Operations LLP Kazakhstan Wireless telecommunications
Freedom Media LLP Kazakhstan Media and entertainment
Freedom Cloud LLP (formerly, DITel LLP) ("Freedom Cloud") Kazakhstan Telecommunications
SilkNetCom LLP ("SilkNetCom")
Kazakhstan Telecommunications
Elitecom LLP ("Elitecom")
Kazakhstan Telecommunications
Freedom Kazakhstan PC Ltd Kazakhstan Holding company
Freedom Advertising Ltd Kazakhstan Advertising
Freedom Shapagat Corporate Fund Kazakhstan Non-profit
Freedom Holding Operations LLP Kazakhstan Hiring and recruitment
Freedom Horizons LLP Kazakhstan Business consulting and services
CLUB T LLP ("CLUB T") Kazakhstan Restaurant and cafe operations
CLUB T ASTANA LLP Kazakhstan Restaurant and cafe operations
Freedom Finance Azerbaijan LLC Azerbaijan Financial educational center
Freedom Finance FZE. UAE Consulting
Freedom Management Ltd. UAE Consulting
Freedom Finansial Hizmetler Anonim Şirketi Turkey Financial consulting
Freedom Finance Technologies Ltd Cyprus IT development
Freedom Prime UK Limited ("Prime UK") UK Management consulting
Freedom Finance Germany GmbH Germany
Tied Agent of Freedom EU
Freedom Structured Products PLC ("FSP")
Cyprus Financial services
Freedom24 Chess Masters LTD Cyprus Chess academy
Freedom Property Ltd Cyprus Asset management company
FFIN Securities, Inc. USA Dormant
Freedom U.S. Market LLC USA Management company
LD Micro ("LD Micro") USA Event platform
Freedom US Technologies LLC USA Technology services
Total subsidiaries 66