FRMO Corp. Announces Fiscal 2025 Second Quarter Results, Conference Call, and New Board Appointment
FRMO Corp. (the "Company" or "FRMO") (OTC:FRMO) today reported its financial results for the 2025 second quarter ended November 30, 2024.
Financial Highlights
FRMO's total book value as of November 30, 2024 was $821.4 million ($18.66 per share on a fully diluted basis), including $407.8 million of non-controlling interests. Excluding the non-controlling interests, book value was $413.6 million ($9.39 per share). This compares with total book value at the prior fiscal year end on May 31, 2024 of $403.3 million ($9.16 per share), including $161.1 million of non-controlling interests. Excluding the non-controlling interests, book value was $242.1 million ($5.50 per share).
Current assets
