![]() Over the period from April to June Freedom Finance Global PLC opened 5,500 accounts and supported 220,000 transactions. This rate is 44.5% higher rather than a similar period last year. Also, over the second quarter Freedom opened 2,950 client accounts (there are 72,892 accounts in total). The company’s current authorized capital is about $89.9 million. ![]() Own capital of the company has risen by $37.2 million or 35% due to an increase in authorized capital by $29.2 million or 48% as a result of tranches from the parent company. In another move, Freedom increased operations of reverse repurchase by $7.2 million or 9%. The company has repaid debt securities for $10.3 million or 100% if compared to March 31, 2021. ![]() All the fair price changes are reflected in the company’s income or loss reports (if the sum is more than $5.8 million) or decreasing net income from traded financial assets (for $2.3 million or 45%).Īs of June 30, 2021, the total amount of the company’s assets increased by $33.7 million or 17% due to: a) increased size of their trading portfolio ($34.4 million or 23% if compared to Mab) decreased amount of cash and cash equivalents by $3 million or 47% if compared to Mac) increase in reverse repurchase agreements by $2.3 million or 2130% compared to March 31, 2021.Īt the same time, obligations of the Freedom Finance joint-stock company decreased by $3.5 million or 4%. Freedom Finance joint-stock company’s net earnings have risen 52% or about $4 million in the second quarter this year if compared to the same period last year, the company reported.Īs Freedom Finance noted, the growth of net income was driven by the growth of net earnings from the changed price of financial assets evaluated by a fair price. ![]()
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