FRMO Corporation Cash Flow 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
Net Income	43.12	107.55	72.56	-12.6	2.95	60.16
Depreciation & Amortization	0.06	0.15	0.25	0.34	0.3	0.23
Loss (Gain) From Sale of Investments	-76.57	-233.11	-120.63	42.61	-6.9	-138.62
Loss (Gain) on Equity Investments	-4.58	-11.75	-5.04	-1.61	-0.65	-6.53
Stock-Based Compensation	0.14	0.15	0.15	0.19	0.15	0.12
Other Operating Activities	40.99	146.11	56.83	-23.56	8.48	82.15
Change in Accounts Receivable	-0.08	-0.43	-0.23	-1.03	-0.2	-1.36
Change in Accounts Payable	-0.3	-0.35	0.27	0.14	-0	0.03
Change in Income Taxes	1.29	-0.58	-0.48	0.57	-2.77	3.81
Change in Other Net Operating Assets	-0.01	-0.01	-0	0	-	-0.03
Operating Cash Flow	3.39	7.73	3.67	5.05	1.35	-0.03
Operating Cash Flow Growth	-57.39%	110.65%	-27.31%	274.80%	-	-
Capital Expenditures	-0	-0.03	-0.08	-0.04	-0.55	-0.23
Investment in Securities	-1.45	-2.37	-2.21	-1.08	2.61	-9.34
Other Investing Activities	0.25	0.44	0.06	1.65	-4.81	6.49
Investing Cash Flow	-1.19	-1.95	-2.23	0.54	-2.75	-3.08
Long-Term Debt Repaid	-	-0.02	-0.03	-0.03	-0.03	-0.02
Net Debt Issued (Repaid)	-0.02	-0.02	-0.03	-0.03	-0.03	-0.02
Issuance of Common Stock	-	-	-	0.04	0.05	-
Repurchase of Common Stock	-	-	-	-	-	-0.1
Common Dividends Paid	-0.52	-1.15	-0.36	-0.87	-0.36	-0.4
Other Financing Activities	0.06	0.06	0.06	0.06	0.06	0.16
Financing Cash Flow	-0.48	-1.11	-0.33	-0.8	-0.28	-0.36
Net Cash Flow	1.71	4.67	1.11	4.79	-1.68	-3.47
Free Cash Flow	3.39	7.71	3.59	5.01	0.8	-0.26
Free Cash Flow Growth	-57.97%	114.73%	-28.38%	524.56%	-	-
Free Cash Flow Margin	1.29%	2.93%	2.59%	-	5.79%	-0.18%
Free Cash Flow Per Share	0.08	0.17	0.08	0.11	0.02	-0.01
Cash Interest Paid	0.09	0.1	0.06	0.13	0.13	0.18
Cash Income Tax Paid	3.1	2.81	1.24	0.64	2.3	2.01
Levered Free Cash Flow	173.21	159.79	77.25	-26.13	1.19	97.82
Unlevered Free Cash Flow	175.3	159.79	77.25	-26.13	1.19	97.82
Change in Working Capital	0.9	-1.37	-0.45	-0.32	-2.97	2.45

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