FRMO Corporation (FRMO)

FRMO Corporation Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Operating Revenue	5.01	4.82	2.71	3.22	4.68	3.72
Other Revenue	84.88	258.54	135.71	-36.37	9.2	146.85
Revenue	89.89	263.36	138.43	-33.15	13.87	150.57
Revenue Growth (YoY)	-43.98%	90.25%	-	-	-90.79%	-
Gross Profit	89.89	263.36	138.43	-33.15	13.87	150.57
Selling, General & Admin	1.34	1.35	1.31	1.5	1.08	1.12
Operating Expenses	1.46	1.5	1.56	1.84	1.38	1.35
Operating Income	88.43	261.86	136.87	-34.98	12.49	149.22
Pretax Income	88.43	261.86	136.87	-34.98	12.49	149.22
Income Tax Expense	16.33	28.58	18.42	-3.22	-0.77	19.89
Earnings From Continuing Operations	72.1	233.28	118.45	-31.76	13.27	129.33
Minority Interest in Earnings	-14.9	-125.73	-45.89	19.16	-10.32	-69.17
Net Income	57.2	107.55	72.56	-12.6	2.95	60.16
Net Income to Common	57.2	107.55	72.56	-12.6	2.95	60.16
Net Income Growth	-23.44%	48.22%	-	-	-95.10%	-
Shares Outstanding (Basic)	44	44	44	44	44	44
Shares Outstanding (Diluted)	44	44	44	44	44	44
Shares Change (YoY)	0.01%	0.01%	0.01%	-0.03%	-0.01%	0.01%
EPS (Basic)	1.30	2.44	1.65	-0.29	0.07	1.37
EPS (Diluted)	1.30	2.44	1.65	-0.29	0.07	1.37
EPS Growth	-23.44%	48.04%	-	-	-95.10%	-
Free Cash Flow	5.04	7.71	3.59	5.01	0.8	-0.26
Free Cash Flow Per Share	0.12	0.17	0.08	0.11	0.02	-0.01
Gross Margin	100.00%	100.00%	100.00%	-	100.00%	100.00%
Operating Margin	98.38%	99.43%	98.88%	-	90.05%	99.10%
Profit Margin	63.64%	40.84%	52.42%	-	21.23%	39.95%
Free Cash Flow Margin	5.61%	2.93%	2.59%	-	5.79%	-0.18%
EBITDA	88.55	262.01	137.12	-34.64	12.79	149.45
EBITDA Margin	98.51%	99.49%	99.06%	-	92.20%	99.26%
D&A For EBITDA	0.12	0.15	0.25	0.34	0.3	0.23
EBIT	88.43	261.86	136.87	-34.98	12.49	149.22
EBIT Margin	98.38%	99.43%	98.88%	-	90.05%	99.10%
Effective Tax Rate	18.46%	10.91%	13.46%	-	-	13.33%
Revenue as Reported	89.89	263.36	138.43	-33.15	13.87	150.57

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.