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FRMO Corporation (FRMO)
OTHER OTC:FRMO
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.51Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 15, 2025
|% Change Since: 5.67%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong performance in digital assets and successful investment strategies, particularly in cryptocurrency mining and path-dependent ETFs. Horizon Kinetics' record performance fees also contributed positively. However, challenges in indexation, tax rates, and limitations in short sales were noted. The overall sentiment is cautiously optimistic with a positive outlook for active management.Company Guidance
In the recent earnings call for FRMO Corp., several key financial metrics and operational insights were discussed. The company reported approximately $13.7 million in digital assets, primarily Bitcoin, and about $1 million in digital mining assets, such as mining rigs. Additionally, they disclosed ownership of 1,997,007 shares of Winland, which has slightly increased due to ongoing purchases. The conversation highlighted the strategic separation of digital assets from traditional holdings, emphasizing the potential for digital assets to grow organically through mining. The call also addressed the significant $4.6 million payable to FRMO from Horizon Kinetics Holding Corp., confirmed as the 2024 revenue stream performance fee payment. FRMO's strategic short positions in path-dependent ETFs were mentioned as a unique business model contributing to their cash balance. The impact of corporate tax rates on investment performance was analyzed, with a detailed comparison of tax rates for major companies from 2007 to the present, showing a decline that has historically favored large-cap index investments. The discussion reflected on how these factors create a favorable environment for active managers like Horizon, particularly as the market dynamics shift in favor of stock pickers.Strong Performance in Digital Assets
FRMO Corp reported $13.7 million in digital assets, primarily Bitcoin, and $1 million in digital mining assets, emphasizing the company's strategic focus on cryptocurrency mining.
Successful Investment Strategy
FRMO's investment in path-dependent ETFs has been profitable, contributing significantly to their cash balance through margin release.
Record Performance Fees for Horizon Kinetics
Horizon Kinetics received the largest performance fee in its history, significantly boosting its management income.
Positive Outlook for Active Management
The company highlighted a favorable investment climate for active managers, driven by changes in tax advantages and market dynamics.
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FRMO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FRMO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 15, 2025 | $8.11 | $8.29 | +2.22% |
| Jan 15, 2025 | $9.81 | $10.49 | +6.93% |
| Oct 16, 2024 | $8.70 | $9.11 | +4.71% |
| Aug 15, 2024 | $7.49 | $7.50 | +0.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does FRMO Corporation (FRMO) report earnings?
FRMO Corporation (FRMO) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is FRMO Corporation (FRMO) earnings time?
FRMO Corporation (FRMO) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FRMO EPS forecast?
Currently, no data Available
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