OTCMFRMO
Market cap459mUSD
Dec 24, Last price
10.21USD
1D
-2.11%
1Q
35.54%
Jan 2017
104.20%
Name
FRMO Corp
Chart & Performance
P/E
6.19
P/S
3.25
EPS
1.65
Div Yield, %
0.08%
Shrs. gr., 5y
—
Rev. gr., 5y
85.75%
Revenues
138m
+1,804.61%
Net income
73m
P
CFO
4m
-29.95%
Earnings
Jan 10, 2025
Profile
FRMO Corporation, through its 4.95% interest in Horizon Kinetics, LLC, operates as an investment advisory and independent research company. It provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. The company was incorporated in 1993 and is based in White Plains, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2024‑05 | 2023‑05 | 2022‑05 | 2021‑05 | 2020‑05 | 2019‑05 | 2018‑05 | 2017‑05 | 2016‑05 | |
| Income | |||||||||
Revenues | 138,427 1,804.61% | 7,268 50.81% | 4,819 60.76% | ||||||
Cost of revenue | 132,745 | 1,497 | (7,973) | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 5,682 | 5,771 | 12,792 | ||||||
NOPBT Margin | 4.10% | 79.40% | 265.45% | ||||||
Operating Taxes | 18,420 | (36,598) | 11,840 | ||||||
Tax Rate | 324.17% | 92.56% | |||||||
NOPAT | (12,738) | 42,369 | 952 | ||||||
Net income | 72,559 -307.40% | (34,984) -380.02% | 12,493 -91.63% | ||||||
Dividends | (360) | (870) | (360) | ||||||
Dividend yield | 0.12% | 0.26% | 0.09% | ||||||
Proceeds from repurchase of equity | 60 | 30 | 29 | ||||||
BB yield | -0.02% | -0.01% | -0.01% | ||||||
| Debt | |||||||||
Debt current | 669 | 31 | 30 | ||||||
Long-term debt | 669 | 700 | |||||||
Deferred revenue | 19,379 | 23,955 | |||||||
Other long-term liabilities | 33,668 | (19,379) | (23,955) | ||||||
Net debt | (422,119) | (297,924) | (332,838) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 3,672 | 5,242 | 1,386 | ||||||
CAPEX | (122) | (38) | (545) | ||||||
Cash from investing activities | (2,228) | 347 | (2,785) | ||||||
Cash from financing activities | (331) | (800) | (283) | ||||||
FCF | (332,082) | 345,760 | (333,495) | ||||||
| Balance | |||||||||
Cash | 260,872 | 197,806 | 220,676 | ||||||
Long term investments | 161,917 | 100,817 | 112,893 | ||||||
Excess cash | 415,867 | 298,260 | 333,327 | ||||||
Stockholders' equity | 361,232 | 653,958 | 413,138 | ||||||
Invested Capital | 76,387 | (13,446) | (18,270) | ||||||
ROIC | |||||||||
ROCE | 1.30% | 1.92% | 3.81% | ||||||
| EV | |||||||||
Common stock shares outstanding | 44,026 | 44,021 | 44,035 | ||||||
Price | 7.04 -7.12% | 7.58 -20.21% | 9.50 -18.45% | ||||||
Market cap | 309,945 -7.11% | 333,680 -20.24% | 418,331 -18.46% | ||||||
EV | 48,971 | 278,072 | 358,499 | ||||||
EBITDA | 5,930 | 6,110 | 13,091 | ||||||
EV/EBITDA | 8.26 | 45.51 | 27.38 | ||||||
Interest | |||||||||
Interest/NOPBT | |||||||||