FRMO Announces Change in Fiscal Year End

Rhea-AI Summary

FRMO (OTC:FRMO) reported that its Board of Directors approved a change in the company’s fiscal year end from May 31 to June 30. A one-month transition period will run from June 1, 2026 to June 30, 2026.

The next full fiscal year will span July 1, 2026 to June 30, 2027, with interim reports for periods ending September 30, 2026, December 31, 2026, and March 31, 2027. The first interim report, covering the quarter ended September 30, 2026 and including Transition Period results and prior-year comparatives, is expected in November 2026.

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WHITE PLAINS, NY / ACCESS Newswire / July 10, 2026 / FRMO Corp. (the "Company" or "FRMO") (OTCID:FRMO) today announced that the Company's Board of Directors approved a change in FRMO's fiscal year end from May 31 to June 30. Accordingly, the Company will report a transition period (the "Transition Period") that runs from June 1, 2026 to June 30, 2026.

The Company's next full fiscal year will be from July 1, 2026 to June 30, 2027, with interim quarterly reports issued as of and for the periods ending September 30, 2026, December 31, 2026, and March 31, 2027 which will include the results of operations in the Transition Period as applicable.

The Company's first interim period as of and for the three months ended September 30, 2026, which will also include 1) results of the Transition Period, and 2) comparative prior year information, is expected to be issued in November 2026.

About FRMO Corp.

FRMO Corp. is an intellectual capital firm that provides consulting and advisory services in the asset management sector and engages in the mining of digital assets. For more information, visit our website at www.frmocorp.com.

Investor Relations Contact:
Thérèse Byars
Corporate Secretary
Email: tbyars@frmocorp.com
Telephone: 646-495-7337

SOURCE: FRMO Corp

View the original press release on ACCESS Newswire

FAQ

What fiscal year-end change did FRMO (OTC:FRMO) announce on July 10, 2026?

FRMO changed its fiscal year end from May 31 to June 30. According to FRMO, this adjustment requires a one-month transition period and redefines the timing of its future annual and interim financial reporting cycles.

What is the FRMO (OTC:FRMO) transition period for the new fiscal year end?

FRMO will report a one-month transition period from June 1, 2026 to June 30, 2026. According to FRMO, results from this Transition Period will be included in subsequent interim reports where applicable.

When will FRMO’s next full fiscal year run after the 2026 year-end change?

FRMO’s next full fiscal year will run from July 1, 2026 to June 30, 2027. According to FRMO, this new fiscal year structure will govern all future annual financial reporting and related disclosures.

When will FRMO (OTC:FRMO) issue its first interim report after the fiscal year change?

FRMO expects to issue its first interim report, for the three months ended September 30, 2026, in November 2026. According to FRMO, this report will include Transition Period results and comparative prior-year information.

Which interim reporting dates has FRMO scheduled under its new June 30 fiscal year end?

FRMO plans interim quarterly reports for periods ending September 30, 2026, December 31, 2026, and March 31, 2027. According to FRMO, these filings will incorporate Transition Period operations where applicable.

What does FRMO Corp’s business focus include under the symbol FRMO?

FRMO describes itself as an intellectual capital firm providing consulting and advisory services in the asset management sector. According to FRMO, it also engages in the mining of digital assets as part of its operations.