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10-Q Filing

FREEDOM HOLDING CORP. CIK: 924805 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001654954-17-007571
Period End Date 20170630
Filing Date 20170814
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance kaz-20170630.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 line items
Line Item Tag Value Unit Period
Cash and cash equivalents Cash $34.16M USD Point-in-time
Cash and cash equivalents Cash $21.83M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $12.62M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $14.54M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 500.00M shares Point-in-time
Trading securities MarketableSecurities $91.23M USD Point-in-time
Common stock, issued shares CommonStockSharesIssued 490.00M shares Point-in-time
Trading securities MarketableSecurities $81.58M USD Point-in-time
Common stock, issued shares CommonStockSharesIssued 490.00M shares Point-in-time
Available-for-sale securities, at fair value AvailableForSaleSecurities $2.00K USD Point-in-time
Common stock, outstanding shares CommonStockSharesOutstanding 490.00M shares Point-in-time
Available-for-sale securities, at fair value AvailableForSaleSecurities $2.00K USD Point-in-time
Common stock, outstanding shares CommonStockSharesOutstanding 490.00M shares Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Brokerage and other receivables OtherReceivables $19.81M USD Point-in-time
Brokerage and other receivables OtherReceivables $481.00K USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 20.00M shares Point-in-time
Other assets OtherAssets $1.45M USD Point-in-time
Other assets OtherAssets $691.00K USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 20.00M shares Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $801.00K USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $1.03M USD Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Fixed assets PropertyPlantAndEquipmentNet $1.04M USD Point-in-time
Preferred stock, outstanding shares PreferredStockSharesOutstanding 0.00 shares Point-in-time
Fixed assets PropertyPlantAndEquipmentNet $1.46M USD Point-in-time
Goodwill Goodwill $981.00K USD Point-in-time
Goodwill Goodwill $936.00K USD Point-in-time
Loans issued LoansAndLeasesReceivableNetReportedAmount $212.00K USD Point-in-time
Loans issued LoansAndLeasesReceivableNetReportedAmount $65.00K USD Point-in-time
TOTAL ASSETS Assets $120.31M USD Point-in-time
TOTAL ASSETS Assets $164.60M USD Point-in-time
Derivative liability DerivativeLiabilities $495.00K USD Point-in-time
Derivative liability DerivativeLiabilities - USD Point-in-time
Debt securities issued DebtSecuritiesIssuedNet $3.46M USD Point-in-time
Debt securities issued DebtSecuritiesIssuedNet $3.96M USD Point-in-time
Customer liabilities CustomerLiabilities $15.71M USD Point-in-time
Customer liabilities CustomerLiabilities $7.54M USD Point-in-time
Current income tax liability DeferredIncomeTaxLiabilitiesNet $149.00K USD Point-in-time
Current income tax liability DeferredIncomeTaxLiabilitiesNet - USD Point-in-time
Trade payables TradingLiabilities $235.00K USD Point-in-time
Trade payables TradingLiabilities $7.02M USD Point-in-time
Deferred distribution payments DeferredCompensationLiabilityCurrent $8.53M USD Point-in-time
Deferred distribution payments DeferredCompensationLiabilityCurrent $8.53M USD Point-in-time
Securities repurchase agreement obligation SecuritiesSoldUnderAgreementsToRepurchase $56.29M USD Point-in-time
Securities repurchase agreement obligation SecuritiesSoldUnderAgreementsToRepurchase $70.83M USD Point-in-time
Other liabilities OtherLiabilities $529.00K USD Point-in-time
Other liabilities OtherLiabilities $372.00K USD Point-in-time
TOTAL LIABILITIES Liabilities $77.08M USD Point-in-time
TOTAL LIABILITIES Liabilities $106.58M USD Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 490,000,000 shares outstanding as of June 30, 2017 and March 31, 2017, respectively CommonStockValue $490.00K USD Point-in-time
Common stock - $0.001 par value; 500,000,000 shares authorized; 490,000,000 shares outstanding as of June 30, 2017 and March 31, 2017, respectively CommonStockValue $490.00K USD Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock - $0.001 par value; 20,000,000 shares authorized, no shares issued or outstanding PreferredStockValue - USD Point-in-time
Additional paid in capital AdditionalPaidInCapitalCommonStock $32.78M USD Point-in-time
Additional paid in capital AdditionalPaidInCapitalCommonStock $40.95M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.23M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $16.86M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.66M USD Point-in-time
TOTAL STOCKHOLDERS EQUITY StockholdersEquity $58.01M USD Point-in-time
TOTAL STOCKHOLDERS EQUITY StockholdersEquity $43.24M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $164.60M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $120.31M USD Point-in-time
Income Statement 66 line items
Line Item Tag Value Unit Period
Fee and commission income FeeAndCommissionIncome $2.85M USD 1 Quarter
Fee and commission income FeeAndCommissionIncome $495.00K USD 1 Quarter
Fee and commission income FeeAndCommissionIncome $495.00K USD 1 Quarter
Net gain/(loss) on trading securities MarketableSecuritiesGainLoss $-281.00K USD 1 Quarter
Net gain/(loss) on trading securities MarketableSecuritiesGainLoss $7.01M USD 1 Quarter
Net gain/(loss) on trading securities MarketableSecuritiesGainLoss $-281.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $2.58M USD 1 Quarter
Interest income InvestmentIncomeInterest $737.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $737.00K USD 1 Quarter
Net gain on derivative GainLossOnDerivativeInstrumentsNetPretax $490.00K USD 1 Quarter
Net gain on derivative GainLossOnDerivativeInstrumentsNetPretax - USD 1 Quarter
Net gain on foreign exchange operations ForeignCurrencyTransactionGainLossBeforeTax $90.00K USD 1 Quarter
Net gain on foreign exchange operations ForeignCurrencyTransactionGainLossBeforeTax $617.00K USD 1 Quarter
Net gain on foreign exchange operations ForeignCurrencyTransactionGainLossBeforeTax $90.00K USD 1 Quarter
TOTAL REVENUE Revenues $1.04M USD 1 Quarter
TOTAL REVENUE Revenues $1.04M USD 1 Quarter
TOTAL REVENUE Revenues $13.55M USD 1 Quarter
Interest expense InterestExpense $1.99M USD 1 Quarter
Interest expense InterestExpense $570.00K USD 1 Quarter
Interest expense InterestExpense $570.00K USD 1 Quarter
Fee and commission expense NoninterestExpenseCommissionExpense $64.00K USD 1 Quarter
Fee and commission expense NoninterestExpenseCommissionExpense $238.00K USD 1 Quarter
Fee and commission expense NoninterestExpenseCommissionExpense $64.00K USD 1 Quarter
Operating expense OperatingExpenses $2.91M USD 1 Quarter
Operating expense OperatingExpenses $2.06M USD 1 Quarter
Operating expense OperatingExpenses $2.06M USD 1 Quarter
Other expense, net OtherExpenses $48.00K USD 1 Quarter
Other expense, net OtherExpenses $48.00K USD 1 Quarter
Other expense, net OtherExpenses $78.00K USD 1 Quarter
TOTAL EXPENSE CostsAndExpenses $2.74M USD 1 Quarter
TOTAL EXPENSE CostsAndExpenses $5.21M USD 1 Quarter
TOTAL EXPENSE CostsAndExpenses $2.74M USD 1 Quarter
NET INCOME/(LOSS) BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $-1.70M USD 1 Quarter
NET INCOME/(LOSS) BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $8.34M USD 1 Quarter
NET INCOME/(LOSS) BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic $-1.70M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-463.00K USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-463.00K USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-31.00K USD 1 Quarter
NET INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.24M USD 1 Quarter
NET INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.24M USD 1 Quarter
NET INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.37M USD 1 Quarter
Less: Net income attributable to noncontrolling interest in subsidiary IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $7.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interest in subsidiary IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $7.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interest in subsidiary IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity - USD 1 Quarter
NET INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-1.24M USD 1 Quarter
NET INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $8.37M USD 1 Quarter
NET INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $-1.24M USD 1 Quarter
Change in unrealized gain on investments available-for-sale, net of tax effect OtherComprehensiveIncomeChangeInUnrealizedGainOnInvestmentsAvailableForSaleNetOfTaxEffect - USD 1 Quarter
Change in unrealized gain on investments available-for-sale, net of tax effect OtherComprehensiveIncomeChangeInUnrealizedGainOnInvestmentsAvailableForSaleNetOfTaxEffect $3.00K USD 1 Quarter
Change in unrealized gain on investments available-for-sale, net of tax effect OtherComprehensiveIncomeChangeInUnrealizedGainOnInvestmentsAvailableForSaleNetOfTaxEffect $3.00K USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-1.76M USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $1.04M USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $1.04M USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS OtherComprehensiveIncomeLossNetOfTax $-201.00K USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS OtherComprehensiveIncomeLossNetOfTax $6.61M USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) BEFORE NONCONTROLLING INTERESTS OtherComprehensiveIncomeLossNetOfTax $-201.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest in subsidiary OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $7.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest in subsidiary OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $7.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest in subsidiary OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS ComprehensiveIncomeNetOfTax $-208.00K USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS ComprehensiveIncomeNetOfTax $6.61M USD 1 Quarter
COMPREHENSIVE INCOME/(LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS ComprehensiveIncomeNetOfTax $-208.00K USD 1 Quarter
BASIC AND DILUTED NET INCOME/ (LOSS) PER COMMON SHARE IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.03 USD 1 Quarter
BASIC AND DILUTED NET INCOME/ (LOSS) PER COMMON SHARE IncomeLossFromContinuingOperationsPerBasicAndDilutedShare - USD 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 280.34M shares 1 Quarter
Weighted average shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 282.64M shares 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-1.24M USD 1 Quarter
Net income (loss) NetIncomeLoss $8.37M USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $65.00K USD 1 Quarter
Depreciation and amortization DepreciationAmortizationAndAccretionNet $54.00K USD 1 Quarter
Change in deferred taxes IncreaseDecreaseInDeferredIncomeTaxes $428.00K USD 1 Quarter
Change in deferred taxes IncreaseDecreaseInDeferredIncomeTaxes $-173.00K USD 1 Quarter
Unrealized gain on trading securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $-940.00K USD 1 Quarter
Unrealized gain on trading securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $-1.63M USD 1 Quarter
Net gain on derivative DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Net gain on derivative DerivativeGainLossOnDerivativeNet $490.00K USD 1 Quarter
Trading securities IncreaseDecreaseInTradingSecurities $4.76M USD 1 Quarter
Trading securities IncreaseDecreaseInTradingSecurities $15.52M USD 1 Quarter
Brokerage and other receivables IncreaseDecreaseInOtherReceivables $20.02M USD 1 Quarter
Brokerage and other receivables IncreaseDecreaseInOtherReceivables $-250.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $810.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $1.88M USD 1 Quarter
Loans issued IncreaseDecreaseInOtherLoans $-2.00K USD 1 Quarter
Loans issued IncreaseDecreaseInOtherLoans $155.00K USD 1 Quarter
Customer liabilities IncreaseDecreaseInCustomerLiabilities $1.81M USD 1 Quarter
Customer liabilities IncreaseDecreaseInCustomerLiabilities $8.81M USD 1 Quarter
Trade payables IncreaseDecreaseInAccountsPayableTrade $312.00K USD 1 Quarter
Trade payables IncreaseDecreaseInAccountsPayableTrade $7.02M USD 1 Quarter
Securities repurchase agreement obligation IncreaseDecreaseInPayablesUnderRepurchaseAgreements $17.72M USD 1 Quarter
Securities repurchase agreement obligation IncreaseDecreaseInPayablesUnderRepurchaseAgreements $5.92M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $1.29M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $173.00K USD 1 Quarter
Current income tax liability IncreaseDecreaseInAccruedIncomeTaxesPayable $-147.00K USD 1 Quarter
Current income tax liability IncreaseDecreaseInAccruedIncomeTaxesPayable $-50.00K USD 1 Quarter
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $6.82M USD 1 Quarter
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $2.23M USD 1 Quarter
Purchase of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $484.00K USD 1 Quarter
Purchase of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $59.00K USD 1 Quarter
Acquisition of FFIN Bank PaymentsToAcquireBusinessesAndInterestInAffiliates - USD 1 Quarter
Acquisition of FFIN Bank PaymentsToAcquireBusinessesAndInterestInAffiliates $2.77M USD 1 Quarter
Proceeds on sale of investments available-for-sale GainLossOnSaleOfInvestments $2.00K USD 1 Quarter
Proceeds on sale of investments available-for-sale GainLossOnSaleOfInvestments - USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-2.83M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-484.00K USD 1 Quarter
Proceeds from issuance of debt securities ProceedsFromIssuanceOfLongTermDebt $811.00K USD 1 Quarter
Proceeds from issuance of debt securities ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Repurchase of debt securities RepurchaseOfDebtSecurities - USD 1 Quarter
Repurchase of debt securities RepurchaseOfDebtSecurities $153.00K USD 1 Quarter
Proceeds from loans issued ProceedsFromCollectionOfLoansReceivable $6.00K USD 1 Quarter
Proceeds from loans issued ProceedsFromCollectionOfLoansReceivable $1.38M USD 1 Quarter
Capital contributions ProceedsFromPartnershipContribution $8.16M USD 1 Quarter
Capital contributions ProceedsFromPartnershipContribution $3.13M USD 1 Quarter
Net cash flows from financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $4.51M USD 1 Quarter
Net cash flows from financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $8.83M USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-913.00K USD 1 Quarter
Effect of changes in foreign exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $479.00K USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $4.38M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $14.26M USD 1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $18.98M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $48.70M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $34.45M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $23.37M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $18.98M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $48.70M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $34.45M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $23.37M USD Point-in-time
Income tax paid IncomeTaxesPaid $159.00K USD 1 Quarter
Income tax paid IncomeTaxesPaid $28.00K USD 1 Quarter
Cash paid for interest InterestPaid $583.00K USD 1 Quarter
Cash paid for interest InterestPaid $1.84M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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