Freedom Holding Corp. (FRHC) financial statements (2021 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)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:6251305065999
Cash and cash equivalents625635065999
Other undisclosed cash, cash equivalents, and short-term investments 67     
Receivables59      
Prepaid expense    00 
Intangible current assets10      
Other current assets16      
Other undisclosed current assets    0  
Total current assets:7101305065999
Noncurrent Assets
Finance lease, right-of-use asset14 
Operating lease, right-of-use asset 15
Property, plant and equipment18662   
Intangible assets, net (including goodwill)6672   
Goodwill6332   
Intangible assets, net (excluding goodwill) 34    
Deferred income tax assets 1
Other undisclosed noncurrent assets    00 
Total noncurrent assets:392813400 
Other undisclosed assets725296288261   
TOTAL ASSETS:1,474454351330999
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities19510339000
Accounts payable1918339000
Accrued liabilities0      
Taxes payable411 00 
Debt1734874155   
Deferred compensation liability    999
Due to related parties0      
Deferred tax liabilities 0   
Other liabilities 0     
Other undisclosed current liabilities    0  
Total current liabilities:36858107164999
Noncurrent Liabilities
Liabilities, other than long-term debt4      
Deferred income tax liabilities4 
Total noncurrent liabilities:4      
Other undisclosed liabilities87626612651   
Total liabilities:1,248324233215999
Stockholders' equity
Stockholders' equity attributable to parent, including:226131118115(0)0(0)
Common stock0000000
Additional paid in capital10510399871089
Accumulated other comprehensive loss(33)(38)(23)(7)   
Retained earnings (accumulated deficit)156664135(1)(1)(89)
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 (2)     
Total stockholders' equity:226129118115(0)0(0)
TOTAL LIABILITIES AND EQUITY:1,474454351330999

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

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues2961227455   
Cost of revenue(73)(34)(23)(17)(0)(0) 
Gross profit:224885239(0)(0) 
Operating expenses(67)(60)(43)(19)(0)(0)(0)
Other operating expense, net(0)(1)(0)(0)   
Other expenses(0)(1)(0)(0)   
Operating income (loss):15728819(1)(0)(0)
Nonoperating income (expense)25(3)(0)16000
Investment income, nonoperating1212(0)16000
Foreign currency transaction loss, before tax(15)(15) (0)   
Other nonoperating income28      
Interest and debt expense(16)(12)(15)(14)   
Other undisclosed loss from continuing operations before equity method investments, income taxes(40)      
Income (loss) from continuing operations before equity method investments, income taxes:12612(6)21(1)(0)(0)
Other undisclosed loss from continuing operations before income taxes(5)(5)     
Income (loss) from continuing operations before income taxes:1217(6)21(1)(0)(0)
Income tax expense (benefit)(6)(6)(1)(0)(0)00
Income (loss) before gain (loss) on sale of properties:1151(8)21(1)(0)(0)
Other undisclosed net income621     
Net income (loss):12022(8)21(1)(0)(0)
Net income attributable to noncontrolling interest 3     
Other undisclosed net income (loss) attributable to parent(12)(3)15(2)   
Net income (loss) attributable to parent:10822719(1)(0)(0)
Other undisclosed net income available to common stockholders, basic0      
Net income (loss) available to common stockholders, diluted:10822719(1)(0)(0)

Comprehensive Income ($ in millions)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income (loss):12022(8)21(1)(0)(0)
Other comprehensive income62  19   
Other undisclosed comprehensive loss(12)(12)     
Comprehensive income (loss):17010(8)40(1)(0)(0)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(33)3     
Other undisclosed comprehensive income (loss), net of tax, attributable to parent8 (1)(21)   
Comprehensive income (loss), net of tax, attributable to parent:14513(8)19(1)(0)(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.

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