FRMO Corporation Income Statement

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

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Operating Revenue	3.62	4.82	2.71	3.22	4.68	3.72
Other Revenue	258.54	258.54	135.71	-36.37	9.2	146.85
Revenue	262.16	263.36	138.43	-33.15	13.87	150.57
Revenue Growth (YoY)	385.43%	90.25%	-	-	-90.79%	-
Gross Profit	262.16	263.36	138.43	-33.15	13.87	150.57
Selling, General & Admin	1.28	1.35	1.31	1.5	1.08	1.12
Other Operating Expenses	8.8	-	-	-	-	-
Operating Expenses	10.14	1.5	1.56	1.84	1.38	1.35
Operating Income	252.01	261.86	136.87	-34.98	12.49	149.22
Pretax Income	85.65	261.86	136.87	-34.98	12.49	149.22
Income Tax Expense	2.04	28.58	18.42	-3.22	-0.77	19.89
Earnings From Continuing Operations	83.6	233.28	118.45	-31.76	13.27	129.33
Minority Interest in Earnings	-40.49	-125.73	-45.89	19.16	-10.32	-69.17
Net Income	43.12	107.55	72.56	-12.6	2.95	60.16
Net Income to Common	43.12	107.55	72.56	-12.6	2.95	60.16
Net Income Growth	-70.03%	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)	-0.00%	0.01%	0.01%	-0.03%	-0.01%	0.01%
EPS (Basic)	0.98	2.44	1.65	-0.29	0.07	1.37
EPS (Diluted)	0.97	2.44	1.65	-0.29	0.07	1.37
EPS Growth	-70.32%	48.04%	-	-	-95.10%	-
Free Cash Flow	3.39	7.71	3.59	5.01	0.8	-0.26
Free Cash Flow Per Share	0.08	0.17	0.08	0.11	0.02	-0.01
Gross Margin	100.00%	100.00%	100.00%	-	100.00%	100.00%
Operating Margin	96.13%	99.43%	98.88%	-	90.05%	99.10%
Profit Margin	16.45%	40.84%	52.42%	-	21.23%	39.95%
Free Cash Flow Margin	1.29%	2.93%	2.59%	-	5.79%	-0.18%
EBITDA	252.07	262.01	137.12	-34.64	12.79	149.45
EBITDA Margin	96.15%	99.49%	99.06%	-	92.20%	99.26%
D&A For EBITDA	0.06	0.15	0.25	0.34	0.3	0.23
EBIT	252.01	261.86	136.87	-34.98	12.49	149.22
EBIT Margin	96.13%	99.43%	98.88%	-	90.05%	99.10%
Effective Tax Rate	2.38%	10.91%	13.46%	-	-	13.33%
Revenue as Reported	262.16	263.36	138.43	-33.15	13.87	150.57

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.