FRMO Corporation (FRMO)
| Market Cap | 294.51M -19.5% |
| Revenue (ttm) | 262.16M +385.4% |
| Net Income | 43.12M -70.0% |
| EPS | 0.97 -70.3% |
| Shares Out | 44.02M |
| PE Ratio | 6.90 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 208,495 |
| Open | 6.64 |
| Previous Close | 6.67 |
| Day's Range | 6.61 - 6.70 |
| 52-Week Range | 6.51 - 9.69 |
| Beta | 0.65 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 12, 2026 |
About FRMO Corporation
FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States. The company offers in-depth analysis of information-poor, and under-researched companies and strategies to identify complex or overlooked situations. It serves institutional investors. The company was formerly known as FRM Nexus, Inc. and changed its name to FRMO Corporation in November 2001. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York. [Read more]
Financial Performance
In fiscal year 2025, FRMO Corporation's revenue was $263.36 million, an increase of 90.25% compared to the previous year's $138.43 million. Earnings were $107.55 million, an increase of 48.22%.
Financial StatementsNews
FRMO Corporation Earnings Call Transcript: Q3 2026
Q3 saw strong net income driven by unrealized gains in TPL, Horizon Kinetics, and MIAX, offset by crypto losses. The company is debt-free, maintains a fortress balance sheet, and is focused on expanding operating businesses and strategic assets for long-term growth.
FRMO Corporation Earnings release: Q3 2026
FRMO Corporation released its Q3 2026 earnings on April 21, 2026, summarizing the period's financial results.
FRMO Corp. Announces Fiscal 2026 Third Quarter Results and Conference Call
Consulting and advisory fees of $0.9 million for the third quarter of 2026, a decrease of 61% from 2025 Consulting and advisory fees of $2.6 million for the nine months ended February 28, 2026, a decr...
FRMO Corporation Earnings Call Transcript: Q2 2026
Q2 2026 saw strong liquidity, no debt, and efficient crypto mining operations, with a strategic focus on Scrypt mining and exchange investments. MIAX IPO was a highlight, and management remains confident about future prospects.
FRMO Corporation Earnings release: Q2 2026
FRMO Corporation released its Q2 2026 earnings on March 3, 2026, summarizing the period's financial results.
FRMO Corp. Announces Fiscal 2026 Second Quarter Results and Conference Call
WHITE PLAINS, NY / ACCESS Newswire / February 26, 2026 / FRMO Corp. (the "Company" or "FRMO") (OTC Pink:FRMO) reported its financial results for the fiscal year 2026 second quarter ended November 30, ...
FRMO Corp. Completes Restatement of Previously Issued Financial Statements
WHITE PLAINS, NY / ACCESS Newswire / February 26, 2026 / FRMO Corp. (the "Company" or "FRMO") (OTC PINK:FRMO) today announced the filing of its restated financial statements for the fiscal years endin...
FRMO Corp. Announces Non-Reliance on Previously Issued Financial Statements
WHITE PLAINS, NY / ACCESS Newswire / January 15, 2026 / FRMO Corp. (the "Company" or "FRMO") (OTCID:FRMO) today announced that shareholders and others should not rely upon certain of the Company's pre...
FRMO Corp. Announces Change in Issuer's Independent Certifying Accounting Firm
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Effective November 5, 2025, FRMO's independent certifying accountant and auditor is CBIZ CPAs P.C., a PCAOB-registered firm.
FRMO Corporation Earnings Call Transcript: Q1 2026
Reported a mark-to-market loss due to energy sector declines, but cash and liquidity remain strong. Cryptocurrency mining and shorting path-dependent ETFs are key growth and liquidity drivers, with ongoing expansion in Winland and gradual investment strategies across segments.
FRMO Corporation Quarterly report: Q1 2026
FRMO Corporation has published its Q1 2026 quarterly earnings report on October 20, 2025.
FRMO Corp. Announces Fiscal 2026 First Quarter Results and Conference Call
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) reported its financial results for the fiscal year 2026 first quarter ended August 31, 2025. Financial Highli...
FRMO Corp. Announces Fiscal 2025 Results and Annual Meeting
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. reported its financial results for the fiscal year 2025 ended May 31, 2025.
FRMO Corporation Annual report: Q4 2025
FRMO Corporation has published its Q4 2025 annual report on August 14, 2025.
FRMO Corp. Announces New Board Chairman
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Murray Stahl will continue to serve as FRMO's Chief Executive Officer after resigning as Chairman of the Board.
FRMO Corporation Earnings Call Transcript: Q3 2025
Transition to cryptocurrency mining is accelerating, with indirect mining boosting Bitcoin growth. Horizon Kinetics delivered record performance fees, and active management is poised to benefit from changing market structures and tax dynamics.
FRMO Corporation Earnings release: Q3 2025
FRMO Corporation released its Q3 2025 earnings on April 22, 2025, summarizing the period's financial results.
FRMO Corp. Announces Fiscal 2025 Third Quarter Results and Conference Call
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) reported its financial results for the 2025 third quarter ended February 28, 2025.
FRMO Corporation Earnings Call Transcript: Q2 2025
Book value per share reached $9.39, driven by strong performance in TPL and Bitcoin holdings, with significant unrealized gains and a focus on cryptocurrency mining. Uplisting and board expansion are underway, while management emphasizes gradual, risk-mitigated growth and clarified book value reporting.
FRMO Corporation Earnings release: Q2 2025
FRMO Corporation released its Q2 2025 earnings on January 21, 2025, summarizing the period's financial results.
FRMO Corp. Announces Fiscal 2025 Second Quarter Results, Conference Call, and New Board Appointment
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2025 second quarter ended November 30, 2024. Financial Highlight...
FRMO Corporation Earnings Call Transcript: Q1 2025
Record asset levels and strong cash position support a strategic shift toward crypto mining and hard assets, with mining operations achieving peak profitability and further improvements expected. Enhanced transparency and operational metrics are planned as the business evolves.
FRMO Corporation Quarterly report: Q1 2025
FRMO Corporation has published its Q1 2025 quarterly earnings report on October 22, 2024.
FRMO Corp. Announces Fiscal 2025 First Quarter Results and Conference Call
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2025 first quarter ended August 31, 2024. Financial Highlights F...
FRMO Corp. Announces Fiscal 2024 Results and Annual Meeting
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2024 ended May 31, 2024. Financial Highlights FRMO's...