FRMO Corporation (FRMO)

FRMO Corporation Income Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Operating Revenue	4.82	2.71	3.22	4.68	3.72
Other Revenue	258.54	135.71	-36.37	9.2	146.85
Revenue	263.36	138.43	-33.15	13.87	150.57
Revenue Growth (YoY)	90.25%	-	-	-90.79%	-
Cost of Revenue	1.5	-	-	-	-
Gross Profit	261.86	138.43	-33.15	13.87	150.57
Selling, General & Admin	-	1.31	1.5	1.08	1.12
Operating Expenses	-	1.56	1.84	1.38	1.35
Operating Income	261.86	136.87	-34.98	12.49	149.22
Pretax Income	261.86	136.87	-34.98	12.49	149.22
Income Tax Expense	28.58	18.42	-3.22	-0.77	19.89
Earnings From Continuing Operations	233.28	118.45	-31.76	13.27	129.33
Minority Interest in Earnings	-125.73	-45.89	19.16	-10.32	-69.17
Net Income	107.55	72.56	-12.6	2.95	60.16
Net Income to Common	107.55	72.56	-12.6	2.95	60.16
Net Income Growth	48.22%	-	-	-95.10%	-
Shares Outstanding (Basic)	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44
Shares Change (YoY)	0.01%	0.01%	-0.03%	-0.01%	0.01%
EPS (Basic)	2.44	1.65	-0.29	0.07	1.37
EPS (Diluted)	2.44	1.65	-0.29	0.07	1.37
EPS Growth	48.04%	-	-	-95.10%	-
Free Cash Flow	-	3.59	5.01	0.8	-0.26
Free Cash Flow Per Share	-	0.08	0.11	0.02	-0.01
Gross Margin	99.43%	100.00%	-	100.00%	100.00%
Operating Margin	99.43%	98.88%	-	90.05%	99.10%
Profit Margin	40.84%	52.42%	-	21.23%	39.95%
Free Cash Flow Margin	-	2.59%	-	5.79%	-0.18%
EBITDA	262.04	137.12	-34.64	12.79	149.45
EBITDA Margin	99.50%	99.06%	-	92.20%	99.26%
D&A For EBITDA	0.18	0.25	0.34	0.3	0.23
EBIT	261.86	136.87	-34.98	12.49	149.22
EBIT Margin	99.43%	98.88%	-	90.05%	99.10%
Effective Tax Rate	10.91%	13.46%	-	-	13.33%
Revenue as Reported	263.36	138.43	-33.15	13.87	150.57

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.