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FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2023 ended May 31, 2023. Financial Highlights FRMO’s total book value as of May 31, 2023 was $284.1 million ($6.45 per share on a fully diluted basis), including $114.8 million of non-controlling interests. Book value for the same period, excluding the non-controlling interests was $169.3 million ($3.85 per share). This compares with total book value at the prior fiscal year...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2023 third quarter ended February 28, 2023. Financial Highlights FRMO’s total book value as of February 28, 2023 was $342.9 million ($7.79 per share on a fully diluted basis), including $153.6 million of non-controlling interests. Book value for the same period, excluding the non-controlling interests was $189.3 million ($4.30 per share). This compares with total book value at the prior...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2023 second quarter ended November 30, 2022 and the resignation of director Allan Kornfeld effective December 31, 2022. Financial Highlights FRMO’s total book value as of November 30, 2022 was $443.4 million ($10.07 per share on a fully diluted basis), including $219.4 million of non-controlling interests. Book value for the same period, excluding the non-controlling interests was $224.1...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2023 first quarter ended August 31, 2022. Financial Highlights FRMO’s total book value as of August 31, 2022 was $345.9 million ($7.86 per share on a fully diluted basis), including $157.0 million of non-controlling interests. Book value for the same period, excluding the non-controlling interests was $188.9 million ($4.29 per share). This compares with total book value at the prior...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2022, ended May 31, 2022. Financial Highlights FRMO’s book value as of May 31, 2022 was $314.3 million ($7.14 per share on a fully diluted basis), including $132.9 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2021 of $298.9 million ($6.78 per share), including $121.0 million of non-controlling interests. Current...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2022 third quarter ended February 28, 2022. Financial Highlights FRMO’s book value as of February 28, 2022 was $268.8 million ($6.11 per share on a fully diluted basis), including $101.8 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2021 of $298.9 million ($6.79 per share), including $121.0 million of non-controlling interests....

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2022 Second quarter ended November 30, 2021. Financial Highlights FRMO’s book value as of November 30, 2021 was $281.7 million ($6.40 per share on a fully diluted basis), including $102.8 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2021 of $298.9 million ($6.79 per share), including $121.0 million of non-controlling interests....

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2022 first quarter ended August 31, 2021. Financial Highlights FRMO’s book value as of August 31, 2021 was $293.5 million ($6.67 per share on a fully diluted basis), including $114.4 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2021 of $298.9 million ($6.79 per share), including $121.0 million of non-controlling interests....

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today announced that it has expanded the size of the Board of Directors and has appointed Alice C. Brennan, Herbert M. Chain, and Dov Glickman to the Board. With the appointment of Ms. Brennan, Mr. Chain, and Mr. Glickman, FRMO Corp. has nine directors on its Board of Directors, of which six are independent. “We are very pleased to welcome Alice Brennan, Herb Chain, and Dov Glickman to the Board. We’ve already been beneficiaries...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2021, ended May 31, 2021. Financial Highlights FRMO’s book value as of May 31, 2021 was $298.9 million ($6.78 per share on a fully diluted basis), including $121.0 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2020 of $161.9 million ($3.68 per share), including $46.9 million of non-controlling interests. Current...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2021 third quarter, ended February 28, 2021 (May fiscal year). Financial Highlights FRMO’s book value as of February 28, 2021 was $257.9 million ($5.86 per share on a fully diluted basis), including $94.5 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2020 of $161.9 million ($3.68 per share), including $46.9 million of...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today announced a follow-up Conference Call to be held on January 28, 2021 at 4:15 PM to address the remaining questions from the January 21, 2021 Earnings Conference Call related to the second quarter ended November 30, 2020 (May fiscal year). Conference Call Murray Stahl, Chairman and CEO, and Steven Bregman, President and CFO, will host a second earnings conference call on Thursday, January 28, 2021 at 4:15 p.m. ET. Only questions...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2021 second quarter, ended November 30, 2020 (May fiscal year). Financial Highlights FRMO’s book value as of November 30, 2020 was $180.1 million ($4.09 per share on a fully diluted basis), including $51.6 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2020 of $161.9 million ($3.68 per share), including $46.9 million of...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2021 first quarter, ended August 31, 2020 (May fiscal year). Financial Highlights FRMO’s book value as of August 31, 2020 was $160.6 million ($3.65 per share on a fully diluted basis), including $44.4 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2020 of $161.9 million ($3.68 per share), including $46.9 million of...

On August 14, 2020, The Minneapolis Grain Exchange (“MGEX”) announced an agreement to demutualize the exchange and subsequently be acquired by Miami International Holdings (“MIH”), parent company of the MIAX Exchange Group. MGEX is the largest position in South LaSalle Partners L.P., which is a strategic investment of FRMO Corp. and one of its largest investments. Likewise, MIH is a significant holding of FRMO Corp. The transaction, which is expected to close in late 2020, has been...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink:FRMO) today reported its financial results for the fiscal year 2020, ended May 31, 2020. Financial Highlights FRMO’s book value as of May 31, 2020 was $161.9 million ($3.68 per share on a fully diluted basis), including $46.9 million of non-controlling interests. This compares with book value at the prior fiscal year ended May 31, 2019 of $174.9 million ($3.98 per share), including $48.6 million of non-controlling interests. Current...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2020 third quarter, which ended February 29, 2020 (May fiscal year). Financial Highlights FRMO’s book value as of February 29, 2020 was $175.4 million ($3.98 per share on a fully diluted basis), including $51.6 million of non-controlling interests. The figure from the prior fiscal year-end as of May 31, 2019 was $175.0 million ($3.98 per share), including $48.6 million of non-controlling...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2020 second quarter, which ended November 30, 2019 (May fiscal year). Financial Highlights FRMO’s book value as of November 30, 2019 was $175.8 million ($3.99 per share on a fully diluted basis), including $48.2 million of non-controlling interests. The figure from the prior fiscal year-end as of May 31, 2019 was $175.0 million ($3.98 per share), including $48.6 million of non-controlling...

FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2020 first quarter, which ended August 31, 2019 (May fiscal year). Financial Highlights FRMO’s book value as of August 31, 2019 was $172.5 million ($3.92 per share on a fully diluted basis), including $45.2 million of non-controlling interests. The figure from the prior fiscal year-end as of May 31, 2019 was $175.0 million ($3.98 per share), including $48.6 million of non-controlling...

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