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FRMO CORP - $FRMO STOCK NEWS

Welcome to our dedicated page for FRMO news (Ticker: $FRMO), a resource for investors and traders seeking the latest updates and insights on FRMO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FRMO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FRMO's position in the market.

Rhea-AI Summary
FRMO Corp. reported strong financial results for the 2024 third quarter, with a total book value of $357.8 million ($8.13 per share) and net income of $12,988,910. The company's total assets increased to $241.8 million, while liabilities stood at $30.7 million. FRMO showed significant improvement in net income compared to the previous year, driven by gains from digital assets and equity securities.
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Rhea-AI Sentiment
End-of-Day
0.14%
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Rhea-AI Summary
FRMO Corp. (FRMO) reports financial results for the 2024 second quarter. Total book value as of November 30, 2023, was $352.2 million, with net income of $4,702,229 for the three months ended November 30, 2023.
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Rhea-AI Summary
FRMO Corp. reports financial results for Q1 2024, showing a rise in net income and total book value compared to the previous year.
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End-of-Day
2.95%
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Rhea-AI Summary
FRMO Corp. reports financial results for fiscal year 2023. Total book value as of May 31, 2023 was $284.1 million ($6.45 per share on a fully diluted basis), compared to $314.3 million ($7.14 per share) in the prior year. Net (loss) income attributable to the Company in FY 2023 was $(12,603,972) ($(0.29) per diluted share) compared to $2,945,877 ($0.07 per diluted share) in 2022.
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End-of-Day
-0.66%
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End-of-Day
-3.61%
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1.16%
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-3.16%
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5.14%
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-2.1%
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FRMO CORP

OTC:FRMO

FRMO Rankings

FRMO Stock Data

214.73M
0.53%
Investment Advice
Finance and Insurance
Link
United States of America
White Plains

About FRMO

frmo corporation, through its 4.95% interest in horizon kinetics, llc, operates as an investment advisory and independent research company. it provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. the company was incorporated in 1993 and is based in white plains, new york.