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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Effective November 5, 2025, FRMO's independent certifying accountant and auditor is CBIZ CPAs P.C., a PCAOB-registered firm.
WILMINGTON, Del. , Dec. 15, 2025 /PRNewswire/ -- Synteq Digital (Synteq), a leader in the digital compute sector, today announced it has entered into definitive agreements with Horizon Kinetics (Horizon), and FRMO Corp. (FRMO), to acquire key real estate assets, including a data center in North Carolina with approximately 10MW of capacity in an all-equity transaction.
FRMO Corporation remains a Buy, despite recent underperformance, due to its undervalued mix of unique investments and strong balance sheet. FRMO's strategic shift toward energy-efficient crypto mining, supported by robust liquidity, positions FRMO well for long-term growth amid rising energy demand. Recent GAAP losses were non-cash and driven by paper declines in Texas Pacific Land, while operational cash flow and levered free cash flow both more than doubled year-over-year.
FRMO Corporation (FRMO) Q1 2026 Earnings Call Transcript
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) reported its financial results for the fiscal year 2026 first quarter ended August 31, 2025. Financial Highlights FRMO's total book value as of August 31, 2025 was $590.4 million. Excluding the non-controlling interests, equity attributable to shareholders was $337.2 million ($7.66 per share). This compares with total book value at the prior fiscal year end on May 31, 2025 of $651.2 million. Excluding the.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. reported its financial results for the fiscal year 2025 ended May 31, 2025.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Murray Stahl will continue to serve as FRMO's Chief Executive Officer after resigning as Chairman of the Board.
FRMO Corporation (OTCPK:FRMO) Q3 2025 Earnings Conference Call April 22, 2025 4:15 PM ET Company Participants Thérèse Byars - Corporate Secretary Murray Stahl - Chairman & Chief Executive Officer Steven Gretna - President and Chief Financial Officer Conference Call Participants Thérèse Byars Good afternoon, everyone. This is Thérèse Byars speaking, and I'm the Corporate Secretary of FRMO Corp. Thank you for joining us on this call.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. releases fiscal 2025 Third Quarter Results and Conference Call.
FRMO Corporation is a sound investment in a holding company that is evolving into an operating business and capitalizing on three major trends for growth. The investment thesis is supported by FRMO's strategic positioning in inflation beneficiary assets, technological advancements, and sound asset allocation strategy. The rating is justified by FRMO's potential for substantial returns despite inherent uncertainties, driven by its alignment with transformative global trends.
FRMO Corporation's diverse investments, including stocks and cryptocurrency, have led to a one-year return nearing 50%, with a current stable stock price of around $10-$11. The company's strategic investments in Horizon Kinetics and short-selling path-dependent ETFs have bolstered financial stability and cash reserves despite short-selling being a minor part of its strategy. FRMO's growing involvement in cryptocurrency, particularly through investments in Winland and Consensus Mining, highlights its commitment to this volatile yet potentially lucrative market.
FRMO Corporation (OTCPK:FRMO) Q2 2025 Earnings Conference Call January 21, 2025 4:15 PM ET Company Participants Thérèse Byars - Corporate Secretary Murray Stahl - Chairman & Chief Executive Officer Conference Call Participants Thérèse Byars Good afternoon, everyone. This is Thérèse Byars speaking, and I'm the Corporate Secretary of FRMO Corp. Thank you for joining us on this call.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: 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 t.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. has expanded the size of the Board of Directors to nine and has appointed R. Rimmy Malhotra to the Board.
FRMO Corporation (OTCPK:FRMO) Q1 2025 Earnings Conference Call October 22, 2024 4:15 PM ET Company Participants Therese Byars - Corporate Secretary Murray Stahl - Chairman and Chief Executive Officer Steven Bregman - President and Chief Financial Officer Conference Call Participants Operator The broadcast is now starting. All attendees are in listen-only mode.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2025 first quarter ended August 31, 2024. Financial Highlights FRMO's total book value as of August 31, 2024 was $503.1 million ($11.43 per share on a fully diluted basis), including $226.6 million of non-controlling interests. Excluding the non-controlling interests, book value was $276.6 million ($6.28 per share). This compares with total book value at the pr.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2024 ended May 31, 2024. Financial Highlights FRMO's total book value as of May 31, 2024 was $403.3 million ($9.16 per share on a fully diluted basis), including $161.1 million of non-controlling interests. Excluding the non-controlling interests, book value was $242.1 million ($5.50 per share). This compares with total book value at the prior fisca.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2024 third quarter ended February 29, 2024. Financial Highlights FRMO's total book value as of February 29, 2024 was $357.8 million ($8.13 per share on a fully diluted basis), including $138.4 million of non-controlling interests. Excluding the non-controlling interests, book value was $219.5 million ($4.99 per share). This compares with total book value at the.
FRMO Corporation (FRMO) Q2 2024 Earnings Call Transcript
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the 2024 second quarter ended November 30, 2023. Financial Highlights FRMO's total book value as of November 30, 2023 was $352.2 million ($8.00 per share on a fully diluted basis), including $145.8 million of non-controlling interests. Excluding the non-controlling interests, book value was $206.4 million ($4.69 per share). This compares with total book value at th.