FRMO Corporation Balance Sheet

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	Aug '25 Aug 31, 2025	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
Cash & Equivalents	45.02	43.86	39.19	38.08	33.29	34.97
Short-Term Investments	345.51	408.55	221.68	155.51	187.39	171.73
Cash & Short-Term Investments	390.53	452.42	260.87	193.59	220.68	206.7
Cash Growth	10.69%	73.42%	34.76%	-12.27%	6.76%	102.10%
Receivables	1.04	1.04	3.44	3.21	2.18	1.98
Other Current Assets	17.81	18.35	11.79	4.54	0.9	0.17
Total Current Assets	409.38	471.81	276.1	201.35	223.76	208.85
Property, Plant & Equipment	1	1.01	1.14	1.33	1.63	1.39
Long-Term Investments	238.72	240.58	161.92	100.82	112.89	118.55
Total Assets	649.1	713.4	439.16	303.49	338.28	328.79
Accounts Payable	0.35	0.24	0.59	0.32	0.18	0.18
Current Portion of Long-Term Debt	0.03	0.03	0.67	0.03	0.03	0.03
Current Income Taxes Payable	0.93	-	-	-	-	2.04
Other Current Liabilities	0.94	1.31	0.95	2.35	2.57	6.12
Total Current Liabilities	2.24	1.58	2.21	2.71	2.78	8.37
Long-Term Debt	0.62	0.62	-	0.67	0.7	0.73
Long-Term Deferred Tax Liabilities	55.87	60.02	33.67	16	20.47	20.77
Total Liabilities	58.73	62.21	35.88	19.38	23.96	29.87
Common Stock	337.16	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	-	45.35	42.05	41.75	41.28	40.72
Retained Earnings	-	307.59	200.04	127.48	140.09	137.14
Total Common Equity	337.16	352.98	242.14	169.28	181.41	177.9
Minority Interest	253.21	298.2	161.15	114.83	132.92	121.01
Shareholders' Equity	590.37	651.19	403.28	284.11	314.33	298.91
Total Liabilities & Equity	649.1	713.4	439.16	303.49	338.28	328.79
Total Debt	0.64	0.65	0.67	0.7	0.73	0.76
Net Cash (Debt)	389.89	451.77	260.2	192.89	219.95	205.95
Net Cash Growth	10.71%	73.62%	34.90%	-12.30%	6.80%	102.90%
Net Cash Per Share	8.86	10.26	5.91	4.38	4.99	4.68
Filing Date Shares Outstanding	44.02	44.02	44.02	44.02	44.02	44.01
Total Common Shares Outstanding	44.02	44.02	44.02	44.02	44.02	44.01
Working Capital	407.14	470.23	273.89	198.64	220.97	200.48
Book Value Per Share	7.66	8.02	5.50	3.85	4.12	4.04
Tangible Book Value	337.16	352.98	242.14	169.28	181.41	177.9
Tangible Book Value Per Share	7.66	8.02	5.50	3.85	4.12	4.04

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