Freedom Holding Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	869.17	837.3	545.08	581.42	225.46	168.02
Cash & Short-Term Investments	869.17	837.3	545.08	581.42	225.46	168.02
Cash Growth	50.39%	53.61%	-6.25%	157.88%	34.19%	165.82%
Restricted Cash and Segregated Assets	2,643	807.47	462.64	445.53	547.95	490.69
Trading Assets	-	-	-	2,413	1,158	587.55
Accounts Receivable	3,011	3,319	1,660	376.33	147.66	49.52
Other Current Assets	28.01	37.18	24.92	13.79	831.13	748.05
Total Current Assets	6,551	5,001	2,693	3,830	2,911	2,044
Net Property, Plant & Equipment	370.73	230.93	119.33	84.36	25.25	20.2
Other Intangible Assets	65.86	54.19	47.67	17.62	5.16	3.9
Goodwill	49.45	49.09	52.65	14.19	5.9	7.14
Long-Term Investments	3,129	2,815	3,905	239.05	161.36	0
Other Long-Term Assets	2,210	1,764	1,484	899.72	122.09	25.27
Total Assets	12,377	9,914	8,302	5,085	3,230	2,100
Accounts Payable	557.94	1,322	867.88	122.9	45.08	22
Trading Liabilities	6,815	4,305	2,274	1,925	779.49	680.39
Short-Term Debt	1,055	1,418	2,757	1,517	840.22	374.72
Other Current Liabilities	50.25	28.92	33	4.55	827.03	699.3
Total Current Liabilities	8,479	7,075	5,931	3,570	2,492	1,776
Long-Term Debt	1,075	469.55	267.25	60.03	34.39	34.72
Long-Term Leases	43.77	40.53	35.79	30.32	7.5	4.81
Other Long-Term Liabilities	1,384	1,115	900.63	653.37	150.01	8.7
Total Long-Term Liabilities	2,503	1,625	1,204	743.71	191.91	48.24
Total Liabilities	10,982	8,700	7,135	4,314	2,684	1,825
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-in Capital	299.85	246.61	183.79	164.16	174.75	104.67
Accumulated Other Comprehensive Income	-135.98	-118	-18.94	-34	-63.13	-36.05
Retained Earnings	1,231	1,086	998.74	647.06	441.92	208.63
Total Common Shareholders' Equity	1,395	1,214	1,164	777.29	553.6	277.31
Minority Interest	-	0.12	3.31	-6.55	-7	-1.64
Shareholders' Equity	1,395	1,214	1,167	770.74	546.61	275.67
Total Liabilities & Equity	12,377	9,914	8,302	5,085	3,230	2,100
Total Debt	2,174	1,929	3,060	1,608	882.12	414.25
Net Cash (Debt)	-1,305	-1,091	-2,515	-1,026	-656.65	-246.23
Net Cash Per Share	-21.40	-18.04	-42.36	-17.25	-11.06	-4.21
Book Value	1,395	1,214	1,164	777.29	553.6	277.31
Book Value Per Share	22.87	20.07	19.60	13.06	9.32	4.75
Tangible Book Value	1,280	1,111	1,063	745.48	542.54	266.27
Tangible Book Value Per Share	20.98	18.37	17.91	12.53	9.14	4.56

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q