Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Mar. 31, 2025
ASSETS    
Cash and cash equivalents $ 635,975 $ 837,302
Restricted cash 1,312,229 807,468
Investment securities 2,511,419 2,814,733
Margin lending, brokerage and other receivables, net 3,528,382 3,319,145
Loans issued (including $225,217 and $188,445 to related parties) 1,750,575 1,595,435
Fixed assets, net 263,830 191,103
Intangible assets, net 55,931 54,186
Goodwill 46,247 49,093
Right-of-use asset 37,103 39,828
Insurance contract assets 19,475 37,183
Other assets, net (including $20,568 and $18,994 with related parties) 188,603 168,541
Total assets 10,349,769 9,914,017
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Securities repurchase agreement obligations 806,344 1,418,443
Customer liabilities 5,759,636 4,304,999
Margin lending and trade payables 507,734 1,322,241
Liabilities from insurance activity 520,220 481,539
Current income tax liability 51,153 28,919
Debt securities issued 742,774 469,551
Lease liability 38,804 40,525
Liability arising from continuing involvement 476,030 503,705
Other liabilities 225,852 129,737
TOTAL LIABILITIES 9,128,547 8,699,659
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; 61,159,931 shares issued and outstanding as of September 30, 2025, and 60,993,949 shares issued and outstanding as of March 31, 2025, respectively 61 61
Additional paid in capital 285,160 246,610
Retained earnings 1,154,682 1,085,565
Accumulated other comprehensive loss (218,681) (117,995)
TOTAL FRHC SHAREHOLDERS’ EQUITY 1,221,222 1,214,241
Non-controlling interest 0 117
TOTAL SHAREHOLDERS’ EQUITY 1,221,222 1,214,358
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 10,349,769 $ 9,914,017