Freedom Holding Corp. (FRHC) financial statements (2022 and earlier)

Company profile

Business Address C/O POULTON & YORDAN
SALT LAKE CITY, UT 84101
State of Incorp. NV
Fiscal Year End March 31
SIC 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,349699130506599
Cash and cash equivalents 69963506599
Short-term investments1,349      
Other undisclosed cash, cash equivalents, and short-term investments  67    
Restricted cash and investments405      
Receivables30265     
Prepaid expense     00
Intangible current assets910     
Other current assets3020     
Other undisclosed current assets     0 
Total current assets:2,095793130506599
Noncurrent Assets
Finance lease, right-of-use asset1813 
Operating lease, right-of-use asset  15
Property, plant and equipment2118662  
Intangible assets, net (including goodwill)88672  
Goodwill88332  
Intangible assets, net (excluding goodwill)  34   
Deferred income tax assets  1
Other undisclosed noncurrent assets     00
Total noncurrent assets:47402813400
Other undisclosed assets5381,186296288261  
TOTAL ASSETS:2,6802,01945435133099
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1501481033900
Accounts payable129133833900
Accrued liabilities00     
Taxes payable211511 00
Debt7284534874155  
Deferred compensation liability     99
Due to related parties00     
Deferred tax liabilities 0  
Other liabilities  0    
Other undisclosed current liabilities     0 
Total current liabilities:8796025810716499
Noncurrent Liabilities
Long-term debt and lease obligation 1     
Long-term debt, excluding current maturities 1     
Liabilities, other than long-term debt04     
Deferred income tax liabilities04 
Total noncurrent liabilities:05     
Other undisclosed liabilities1,2101,13626612651  
Total liabilities:2,0881,74332423321599
Stockholders' equity
Stockholders' equity attributable to parent, including:592276131118115(0)0
Common stock0000000
Additional paid in capital115105103998710
Accumulated other comprehensive loss(39)(36)(38)(23)(7)  
Retained earnings (accumulated deficit)516209664135(1)(1)
Receivable from shareholders or affiliates for issuance of capital stock     (0) 
Other undisclosed stockholders' equity attributable to parent (2)   0 
Stockholders' equity attributable to noncontrolling interest(1) (2)    
Total stockholders' equity:591276129118115(0)0
TOTAL LIABILITIES AND EQUITY:2,6802,01945435133099

Income statement (P&L) ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues8433531227455  
Cost of revenue(176)(102)(34)(23)(17)(0)(0)
Gross profit:667250885239(0)(0)
Operating expenses(174)(77)(60)(43)(19)(0)(0)
Other operating income (expense), net1(0)(1)(0)(0)  
Other expenses (0)(1)(0)(0)  
Operating income (loss):49417328819(1)(0)
Nonoperating income (expense)1 (3)(0)1600
Investment income, nonoperating  12(0)1600
Foreign currency transaction loss, before tax  (15) (0)  
Other nonoperating income1      
Interest and debt expense(69)(27)(12)(15)(14)  
Other undisclosed income from continuing operations before equity method investments, income taxes5727     
Income (loss) from continuing operations before equity method investments, income taxes:48317312(6)21(1)(0)
Other undisclosed income (loss) from continuing operations before income taxes21 (5)    
Income (loss) from continuing operations before income taxes:5041737(6)21(1)(0)
Income tax expense (benefit)(4)30(6)(1)(0)(0)0
Income (loss) before gain (loss) on sale of properties:5002031(8)21(1)(0)
Other undisclosed net income  21    
Net income (loss):50020322(8)21(1)(0)
Net income attributable to noncontrolling interest0 3    
Other undisclosed net income (loss) attributable to parent(71)(60)(3)15(2)  
Net income (loss) attributable to parent:42914322719(1)(0)
Other undisclosed net loss available to common stockholders, basic(1)(1)     
Net income (loss) available to common stockholders, diluted:42914222719(1)(0)

Comprehensive Income ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income (loss):50020322(8)21(1)(0)
Other comprehensive income260145  19  
Other undisclosed comprehensive income (loss)124 (12)    
Comprehensive income (loss):88534810(8)40(1)(0)
Comprehensive income, net of tax, attributable to noncontrolling interest0 3    
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1  (1)(21)  
Comprehensive income (loss), net of tax, attributable to parent:88634813(8)19(1)(0)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: