XML 107 R98.htm IDEA: XBRL DOCUMENT
v3.23.3

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | Mar. 31, 2023
Related Party Transaction [Line Items] |  |  |  |  |
Fee and commission income | $ 111,703 | $ 83,157 | $ 210,406 | $ 172,603 |
Proportion of fee and commission income to related party commission income | 97.00% | 100.00% | 95.00% | 100.00% |
Interest income | $ 213,063 | $ 58,999 | $ 362,412 | $ 107,562 |
Fee and commission expense | 31,614 | 18,439 | 60,298 | 41,754 |
General and administrative expense | 29,630 | 12,898 | 54,105 | 24,516 |
Margin lending, brokerage and other receivables, net | 1,024,805 |  | 1,024,805 |  | $ 376,329
Proceeds from loans received |  |  | 154 | 626 |
Other assets | 83,849 |  | 83,849 |  | 73,463
Business combination, consideration payable | 15,769 |  | 15,769 |  | 7,188
Customer deposits | 2,439,187 |  | 2,439,187 |  | 1,925,247
Total restricted cash | 386,874 |  | 386,874 |  | 445,528
Loan issued | 1,176,732 |  | 1,176,732 |  | 826,258
Other liabilities | 58,013 |  | 58,013 |  | 22,872
Trading securities | 3,603,884 |  | 3,603,884 |  | 2,412,556
Related party |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
General and administrative expense | 5,229 | $ 0 | 7,561 | $ 0 |
Margin lending, brokerage and other receivables, net | 413,560 |  | 413,560 |  | 294,985
Other assets | 0 |  | 0 |  | 16,089
Business combination, consideration payable | 15,769 |  | 15,769 |  | 0
Customer deposits | 121,974 |  | 121,974 |  | 130,210
Total restricted cash | 62,965 |  | 62,965 |  | 114,885
Loan issued | 135,132 |  | 135,132 |  | 121,177
Loans receivable | 7,621 |  | 7,621 |  | 0
Other liabilities | 4,108 |  | 4,108 |  | 46
Trading securities | $ 15,816 |  | $ 15,816 |  | $ 556
FST Belize |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Percentage of interest income, related party | 97.00% | 100.00% | 98.00% | 99.00% |
Margin lending receivables from related party as a percentage of related party margin lending receivables (in percent) | 96.00% |  | 96.00% |  | 98.00%
Other liabilities from related party as a percentage of related party other liabilities | 81.00% |  | 81.00% |  | 18.00%
Restricted customer cash from related party as a percentage of related party restricted customer cash | 100.00% |  | 100.00% |  | 40.00%
Percentage of other liabilities, related party | 63.00% |  | 63.00% |  | 0.00%
Fresh Start Trading |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Other liabilities from related party as a percentage of related party other liabilities | 1.00% |  | 1.00% |  | 37.00%
Chess Federation Of The Republic Of Kazakhstan |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Percentage of operating expenses, related party | 92.00% | 0.00% | 88.00% | 0.00% |
Mr. Timur Turlov |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Percentage of loans received | 97.00% |  | 97.00% |  | 0.00%
Management |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Proportion of fee and commission income to related party commission income | 1.00% |  | 1.00% |  |
Margin lending receivables from related party as a percentage of related party margin lending receivables (in percent) | 2.00% |  | 2.00% |  | 1.50%
Other liabilities from related party as a percentage of related party other liabilities | 5.00% |  | 5.00% |  | 11.00%
Management Companies |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Proportion of fee and commission income to related party commission income | 2.00% |  |  | 4.00% |
Margin lending receivables from related party as a percentage of related party margin lending receivables (in percent) | 2.00% |  | 2.00% |  | 0.50%
Other liabilities from related party as a percentage of related party other liabilities | 13.00% |  | 13.00% |  | 34.00%
Chocofamily Holding Ltd |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Percentage of trading securities, related party | 100.00% |  | 100.00% |  | 0.00%
Related party |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |
Fee and commission income | $ 20,022 | $ 61,149 | $ 35,917 | $ 136,749 |
Interest income | 9,731 | 7,392 | 15,084 | 10,920 |
Fee and commission expense | $ 81 | $ 196 | $ 179 | $ 353 |

X
- Definition Business Combination, Consideration Payable + References No definition available. + Details
Name: | frhc_BusinessCombinationConsiderationPayable
Namespace Prefix: | frhc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of fees and commissions from financial services and banking activities and correspondent clearing. Includes fees from depositor accounts, credit cards, merchant discounts, and fiduciary and trust activities, guarantee fees, investment advisory, man + References No definition available. + Details
Name: | frhc_FeeAndCommissionIncome
Namespace Prefix: | frhc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Loan Issued + References No definition available. + Details
Name: | frhc_LoanIssued
Namespace Prefix: | frhc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Margin Lending Receivables From Related Party As A Percentage Of Related Party Margin Lending Receivables + References No definition available. + Details
Name: | frhc_MarginLendingReceivablesFromRelatedPartyAsAPercentageOfRelatedPartyMarginLendingReceivables
Namespace Prefix: | frhc_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Other Liabilities From Related Party As A Percentage Of Related Party Other Liabilities + References No definition available. + Details
Name: | frhc_OtherLiabilitiesFromRelatedPartyAsAPercentageOfRelatedPartyOtherLiabilities
Namespace Prefix: | frhc_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage Of General And Administrative Expenses, Related Party + References No definition available. + Details
Name: | frhc_PercentageOfGeneralAndAdministrativeExpensesRelatedParty
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage Of Interest Income, Related Party + References No definition available. + Details
Name: | frhc_PercentageOfInterestIncomeRelatedParty
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage Of Loans Received, Related Party + References No definition available. + Details
Name: | frhc_PercentageOfLoansReceivedRelatedParty
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage Of Other Liabilities, Related Party + References No definition available. + Details
Name: | frhc_PercentageOfOtherLiabilitiesRelatedParty
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage Of Trading Securities, Related Party + References No definition available. + Details
Name: | frhc_PercentageOfTradingSecuritiesRelatedParty
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Proportion Of Fee And Commission Income To Related Party Commission Income + References No definition available. + Details
Name: | frhc_ProportionOfFeeAndCommissionIncomeToRelatedPartyCommissionIncome
Namespace Prefix: | frhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Restricted Cash From Related Party As A Percentage Of Related Party Restricted Cash + References No definition available. + Details
Name: | frhc_RestrictedCashFromRelatedPartyAsAPercentageOfRelatedPartyRestrictedCash
Namespace Prefix: | frhc_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The current portion of money or property received from customers which is either to be returned upon satisfactory contract completion or applied to customer receivables in accordance with the terms of the contract or the understandings. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CustomerDepositsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_GeneralAndAdministrativeExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_InvestmentIncomeInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of undisbursed portion of the loan receivable balance (loans in process). Excludes loans and leases covered under loss sharing agreements. + References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableLoansInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of assets classified as other. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(10)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(17)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_OtherAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of liabilities classified as other. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(12)(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(12)(b)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(15)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(12)(b)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_OtherLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after allowance, of receivables classified as other, due within one year or the operating cycle, if longer. + References No definition available. + Details
Name: | us-gaap_OtherReceivablesNetCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The cash inflow associated with the collection, including prepayments, of loans receivable issued for financing of goods and services. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-12 + Details
Name: | us-gaap_ProceedsFromCollectionOfLoansReceivable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(g)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 + Details
Name: | us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_RestrictedCash
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Primarily represents commissions incurred in the period based upon the sale by commissioned employees or third parties of the entity's goods or services, and fees for sales assistance or product enhancements performed by third parties (such as a distributor or value added reseller). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_SalesCommissionsAndFees
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in net income (trading). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481830/320-10-45-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483467/210-10-45-1 + Details
Name: | us-gaap_TradingSecuritiesDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=us-gaap_RelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_FSTBelizeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_FreshStartTradingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_ChessFederationOfTheRepublicOfKazakhstanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_MrTimurTurlovMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_ManagementPersonnelMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_ManagementCompaniesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=frhc_ChocofamilyHoldingLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=us-gaap_RelatedPartyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |