Price
No data yet.
Social Signal Score
Revenue
$2.12M+7922.10%Company Profile
- CEO
- Murray Stahl
- Sector
- Financial Services
- Industry
- Asset Management
- Employees
- 5
- Beta
- 0.61
- Country
- US
- Piotroski score
- 5 / 9 (Middling)
- Altman Z-score
- 4.07
Financials
Revenue
$2.12M+7922.1%Net Income
$83.35M+1373775.1%EBITDA
$308.98M+2967162.1%Free Cash Flow
$1.01MEPS (diluted)
$1.89+65072.4%Shares Outstanding (diluted)
44.03M+1015.3%Operating Expenses
$0.00Cash & Debt
$45.59MReturn of Capital
$139.9KQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2024 | $263.36M | $107.55M | $2.44 |
| 2023 | $138.43M | $72.56M | $1.65 |
| 2022 | $7.27M | $-34.98M | $-0.29 |
| 2021 | $4.82M | $12.49M | $0.07 |
| 2020 | $3.00M | $149.22M | $1.37 |
| 2019 | $226.0K | $-23.48M | $-0.53 |
| 2018 | $6.26M | $18.23M | $0.41 |
| 2017 | $4.26M | $15.61M | $0.32 |
| 2016 | $3.42M | $6.92M | $0.08 |
| 2015 | $6.46M | $993.9K | $-0.02 |
| 2014 | $7.60M | $3.87M | $0.09 |
| 2013 | $6.39M | $3.87M | $0.26 |
| 2012 | $14.93M | $10.32M | $0.08 |
| 2004 | $160.0K | $63.2K | $0.01 |
Valuation
Project earnings forward and see what return today's price implies.
Seeded from FRMO's reported EPS growth of 49.5% a year over 13 years. Historical EPS growth of 49% reflects a recovery from a low base and won't persist. Capped at 30% as a starting point.
- EPS in 5 years
- $9.07
- Implied price
- $27.21
- Return from $7.47
- 29.5% a year
To earn 15.0% a year on these assumptions you'd need to buy at $13.53 — today's price is already 44.8% below that.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | -1 | 1 | 3 | 5 | 7 |
|---|---|---|---|---|---|
| 20.0% | — | -4.0% | 19.5% | 32.4% | 41.6% |
| 25.0% | — | -0.0% | 24.5% | 37.9% | 47.5% |
| 30.0% | — | 4.0% | 29.5% | 43.4% | 53.4% |
| 35.0% | — | 8.0% | 34.5% | 48.9% | 59.3% |
| 40.0% | — | 12.0% | 39.5% | 54.5% | 65.2% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
100Social Signal Score
Mentions (1)
- Newsaccessnewswire.com·5h ago·Neutral
FRMO Corp. Announces Fiscal 2026 Results and Annual Meeting Financial highlights for the fourth quarter and year ended May 31, 2026: Consulting and advisory fees of $1.7 million for the fourth quarter of 2026, an increase of 76.3% from the same period in 2025 Consulting and advisory fees of $4.3 million for the year ended May 31, 2026, a decrease of 10.7% from the same period in 2025 Other expense, net of $171.6 million for the fourth quarter of 2026, an increase of 42.1% from 2025 Other income,…
View source ↗
Earnings
Thu, Aug 27(date passed)
Estimates and results for FRMO via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by FRMO officers and directors.
- Bought
- —
- Sold
- $57k
0 trades
1 trade
- Stahl Murraysold
3 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.