FRMO Corp. Announces Fiscal 2027 First Quarter Results and Conference Call
Key Highlights
- ➤Net loss $35.7 million, or $0.81 per diluted share, versus $5.0 million loss
- ➤Total book value $566.6 million, down from $687.8 million at June 30
- ➤Adjusted net loss $8.3 million, or $0.19 per share, versus $0.6 million income
- ➤Equity securities fell to $361.8 million from $480.8 million at June 30
- ➤Conference call scheduled November 19, 2026 at 4:15 p.m. Eastern Time
Expert Statements
Peter Doyle, Co-CEO of FRMO Corp.
“Only questions submitted to info@frmocorp.com before 9:00 p.m. ET on Wednesday, November 18, will be considered.”
Steven Bregman, Co-CEO of FRMO Corp.
“Only questions submitted to info@frmocorp.com before 9:00 p.m. ET on Wednesday, November 18, will be considered.”
David Arndt, CFO of FRMO Corp.
“Only questions submitted to info@frmocorp.com before 9:00 p.m. ET on Wednesday, November 18, will be considered.”
NEW YORK, NY / ACCESS Newswire / November 12, 2026 / FRMO Corp. (the "Company" or "FRMO") (OTCID:FRMO) reported its financial results for the fiscal year 2027 first quarter ended September 30, 2026.
On July 10, 2026, the Company's Board of Directors approved a change in FRMO's fiscal year end from May 31 to June 30. As a result of the change in fiscal year, there was a one month transition period (the "Transition Period") beginning on June 1, 2026, and ending on June 30, 2026. The quarterly report includes both the one-month Transition Period and the first fiscal quarter for the three months ended September 30, 2026, as well as comparable periods from the prior year.
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