Freedom Holdings Files 10-Q, Reports on Q1 2025

TL;DR

**Freedom Holdings 10-Q filed! Q1 2025 results & renewable energy news.**

AI Summary

Freedom Holdings, Inc. filed a 10-Q for the period ending December 31, 2024. The company, a loan broker, reported on its financial status. Key events include a subsequent event related to Renewable Energy Products Manufacturing Corp. and a media partnership.

Why It Matters

This filing provides insight into Freedom Holdings' financial health and operational activities for the first quarter of fiscal year 2025, including significant business developments.

Risk Assessment

Risk Level: medium — The filing indicates a medium risk due to the nature of loan brokerage and potential subsequent events impacting financial stability.

Key Numbers

• 0.0001 — Q1 2025 (Represents a financial metric for the first quarter of fiscal year 2025.)
• 100000000 — Q1 2025 (Represents a financial metric for the first quarter of fiscal year 2025.)
• 500000000 — Q1 2025 (Represents a financial metric for the first quarter of fiscal year 2025.)

Key Players & Entities

• Freedom Holdings, Inc. (company) — Filer of the 10-Q
• 2024-12-31 (date) — Period end date for the 10-Q
• 6163 (other) — Standard Industrial Classification for Loan Brokers
• Renewable Energy Products Manufacturing Corp. (company) — Mentioned in a subsequent event
• Bruce Miller (person) — Associated with company data points
• Brian Kistler (person) — Associated with company data points

FAQ

Key Financial Figures

• $0.0001 — nding of the registrant's common stock, $0.0001 par value per share, as of February 5,2

Filing Documents

• fhld_10q.htm (10-Q) — 433KB
• fhld_ex311.htm (EX-31.1) — 8KB
• fhld_ex312.htm (EX-31.2) — 8KB
• fhld_ex321.htm (EX-32.1) — 3KB
• fhld_ex322.htm (EX-32.2) — 3KB
• 0001477932-25-000994.txt ( ) — 2341KB
• fhld-20241231.xsd (EX-101.SCH) — 28KB
• fhld-20241231_lab.xml (EX-101.LAB) — 153KB
• fhld-20241231_cal.xml (EX-101.CAL) — 36KB
• fhld-20241231_pre.xml (EX-101.PRE) — 126KB
• fhld-20241231_def.xml (EX-101.DEF) — 51KB
• fhld_10q_htm.xml (XML) — 237KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements 4 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 3. Quantitative and Qualitative Disclosure About Market 19 Item 4.

Controls and Procedures

Controls and Procedures 19

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 20 Item 1A.

Risk Factors

Risk Factors 20 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 20 Item 3. Defaults Upon Senior Securities 20 Item 4. Mine Safety Disclosures NA 20 Item 5. Other Information 20 Item 6. Exhibits 21

Signatures

Signatures 22 3 Table of Contents

Financial Statements

Item 1. Financial Statements. FREEDOM HOLDINGS, INC. a/k/a FREEDOM ACQUISITION CORP Index to the Condensed Unaudited Consolidated Financial Statements Page Condensed Consolidated Balance Sheets as of December 31, 2024 (unaudited) and September 30, 2024 (audited) 5 Condensed Consolidated Statements of Operations for the three months ended December 31, 2024 and 2023 (unaudited) 6 Condensed Consolidated Statements of Changes in Shareholders' Deficit for the three months ended December 31, 2024 and 2023 (unaudited) 7 Condensed Consolidated Statements of Cash Flows for the three months ended December 31, 2024 and 2023 (unaudited) 8 Notes to the Condensed Consolidated Financial Statements (unaudited) 9 4 Table of Contents FREEDOM HOLDINGS, INC. a/k/a FREEDOM ACQUISITION CORP CONDENSED CONSOLIDATED BALANCE SHEETS December 31, September 30, 2024 2024 ASSETS (unaudited) (Audited) Current Assets: Cash $ 121,347 $ 95,815 Marketable securities 1,260,000 1,260,000 Accounts receivable 303,792 300,708 Unbilled receivable 16,864,211 8,901,056 Investment tax credits 1,331,000 - Inventory 517,000 517,000 Other current assets 4,582 4,583 Total Current Assets 20,401,932 11,079,162 Fixed assets, net 134,717 141,807 Intangible assets, net 1,640,430 1,603,430 Crypto currency tokens 2,700,000 2,700,000 Other assets 19,821,010 14,746,000 TOTAL ASSETS $ 44,698,089 $ 30,270,399 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accrued project costs $ 14,294,385 $ 7,132,768 Credit cards payable 3,677 1,980 Other accrued expenses 69,019 102,426 Total Current Liabilities 14,367,081 7,237,174 Non-Current Liabilities Notes payable 142,413 136,944 Total Non-Current Liabilities 142,413 136,944 TOTAL LIABILITIES 14,509,494 7,374,118 Stockholders' Equity Preferred Stock, $ 0.0001 par value, 100,000,000 shares authorized,

View Full Filing

View this 10-Q filing on SEC EDGAR