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

RECAST - Condensed consolidated balance sheet (Details)

v3.26.1
RECAST - Condensed consolidated balance sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
ASSETS        
Cash and cash equivalents $ 966,115 $ 837,302 $ 545,084  
Restricted cash 1,246,312 807,468    
Investment securities 3,342,561 2,814,733    
Margin lending, brokerage and other receivables, net 4,690,782 3,319,145    
Loans issued (including $21,321 and $188,445 to related parties) 2,077,606 1,595,435    
Fixed assets, net 358,396 191,103    
Intangible assets, net 73,319 54,186    
Goodwill 51,099 49,093 52,648  
Right-of-use asset 47,579 39,828    
Insurance contract assets 36,849 37,183    
Other assets, net 264,621 169,641    
TOTAL ASSETS 13,155,239 9,915,117    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Securities repurchase agreement obligations 1,024,923 1,418,443    
Customer liabilities 7,103,984 4,304,999    
Margin lending and trade payables 689,641 1,322,241    
Insurance contract liabilities 653,907 472,433    
Current income tax liability 43,701 28,919    
Debt securities issued 1,261,120 469,551    
Lease liability 48,843 40,525    
Liability arising from continuing involvement 554,594 503,705    
Other liabilities 285,247 129,737    
TOTAL LIABILITIES 11,665,960 8,690,553    
Commitments and Contingent Liabilities (Note 29) 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; 61,292,581 and 60,993,949 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively 61 61    
Additional paid in capital 314,657 246,610    
Retained earnings 1,231,500 1,078,172    
Accumulated other comprehensive loss (56,939) (100,396)    
TOTAL FRHC SHAREHOLDERS' EQUITY 1,489,279 1,224,447    
Non-controlling interest 0 117    
TOTAL SHAREHOLDERS' EQUITY 1,489,279 1,224,564 $ 1,178,720 $ 783,742
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 13,155,239 $ 9,915,117    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001    
Preferred stock, authorized (in shares) 20,000,000 20,000,000    
Preferred stock, issued (in shares) 0 0    
Preferred stock, outstanding (in shares) 0 0    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001    
Common stock, authorized (in shares) 500,000,000 500,000,000    
Common stock, issued (in shares) 61,292,581 60,993,949    
Common stock, outstanding (in shares) 61,292,581 60,993,949    
As previously reported        
ASSETS        
Cash and cash equivalents   $ 837,302    
Restricted cash   807,468    
Investment securities   2,814,733    
Margin lending, brokerage and other receivables, net   3,319,145    
Loans issued (including $21,321 and $188,445 to related parties)   1,595,435    
Fixed assets, net   191,103    
Intangible assets, net   54,186    
Goodwill   49,093    
Right-of-use asset   39,828    
Insurance contract assets   37,183    
Other assets, net   168,541    
TOTAL ASSETS   9,914,017    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Securities repurchase agreement obligations   1,418,443    
Customer liabilities   4,304,999    
Margin lending and trade payables   1,322,241    
Insurance contract liabilities   481,539    
Current income tax liability   28,919    
Debt securities issued   469,551    
Lease liability   40,525    
Liability arising from continuing involvement   503,705    
Other liabilities   129,737    
TOTAL LIABILITIES   8,699,659    
Commitments and Contingent Liabilities (Note 29)   0    
SHAREHOLDERS' EQUITY        
Preferred stock - $0.001 par value; $20,000,000 shares authorized, no shares issued or outstanding   0    
Common stock - $0.001 par value; 500,000,000 shares authorized; 61,292,581 and 60,993,949 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively   61    
Additional paid in capital   246,610    
Retained earnings   1,085,565    
Accumulated other comprehensive loss   (117,995)    
TOTAL FRHC SHAREHOLDERS' EQUITY   1,214,241    
Non-controlling interest   117    
TOTAL SHAREHOLDERS' EQUITY   1,214,358   $ 770,736
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY   9,914,017    
Effect of adoption of ASU 2018-12 | Cumulative effect of adoption of ASU 2018-12        
ASSETS        
Cash and cash equivalents   0    
Restricted cash   0    
Investment securities   0    
Margin lending, brokerage and other receivables, net   0    
Loans issued (including $21,321 and $188,445 to related parties)   0    
Fixed assets, net   0    
Intangible assets, net   0    
Goodwill   0    
Right-of-use asset   0    
Insurance contract assets   0    
Other assets, net   1,100    
TOTAL ASSETS   1,100    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Securities repurchase agreement obligations   0    
Customer liabilities   0    
Margin lending and trade payables   0    
Insurance contract liabilities   (9,106)    
Current income tax liability   0    
Debt securities issued   0    
Lease liability   0    
Liability arising from continuing involvement   0    
Other liabilities   0    
TOTAL LIABILITIES   (9,106)    
Commitments and Contingent Liabilities (Note 29)   0    
SHAREHOLDERS' EQUITY        
Preferred stock - $0.001 par value; $20,000,000 shares authorized, no shares issued or outstanding   0    
Common stock - $0.001 par value; 500,000,000 shares authorized; 61,292,581 and 60,993,949 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively   0    
Additional paid in capital   0    
Retained earnings   (7,393)    
Accumulated other comprehensive loss   17,599    
TOTAL FRHC SHAREHOLDERS' EQUITY   10,206    
Non-controlling interest   0    
TOTAL SHAREHOLDERS' EQUITY   10,206    
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY   $ 1,100