Valuation: FRMO Corporation

Market Cap 295M 258M 238M 223M 418M 27.78B 427M 2.86B 1.11B 13.73B 1.11B 1.08B 47.61B P/E 2024
4.27x
P/E 2025 3.45x
Enterprise Value -157M -138M -127M -119M -223M -14.83B -228M -1.53B -591M -7.33B -590M -578M -25.42B EV / Sales 2024
0.36x
EV / Sales 2025 -0.31x
Free-Float
100%
Yield 2024 *
-
Yield 2025 -
Manager TitleAgeSince
Director of Finance/CFO 67 2000-12-31
Chief Executive Officer 63 2025-07-10
Corporate Secretary - -
Director TitleAgeSince
Chairman 63 2025-07-10
Director/Board Member 67 2000-12-31
Director/Board Member 90 2000-12-31
Change 5-day change 1-year change 3-year change Capi.($)
-3.55%+8.58% - - 295M
-2.03%-2.51%+51.29%+127.62% 153B
-0.74%-8.13%-6.41%+41.83% 151B
-1.29%-0.05%+59.44%+233.63% 99.82B
-0.29%-3.26%+9.53%+120.51% 96.06B
-0.24%-4.85%-16.32%+52.68% 71.29B
-0.83%-0.12%+59.54%+137.04% 46.91B
-0.11%-3.13%-13.83%+41.54% 40.75B
-0.08%+14.99%-38.81%+36.79% 33.82B
-1.19%+1.02%+41.39%+142.23% 32.56B
Average -1.04%-0.27%+16.20%+103.76% 80.59B
Weighted average by Cap. -0.94%-2.03%+20.46%+108.25%

Financials

2024 2025
Net sales 138M 121M 112M 105M 196M 13.06B 200M 1.34B 520M 6.45B 520M 508M 22.38B 263M 231M 213M 199M 374M 24.84B 381M 2.56B 990M 12.28B 989M 967M 42.58B
Net income 72.56M 63.62M 58.64M 54.9M 103M 6.84B 105M 705M 273M 3.38B 272M 267M 11.73B 108M 94.3M 86.92M 81.38M 153M 10.15B 156M 1.04B 404M 5.01B 404M 395M 17.39B
Net Debt -260M -228M -210M -197M -369M -24.55B -377M -2.53B -978M -12.13B -977M -956M -42.06B -452M -396M -365M -342M -641M -42.62B -654M -4.39B -1.7B -21.06B -1.7B -1.66B -73.03B
Logo FRMO Corporation
FRMO Corporation is an intellectual capital firm, which identifies and manages investment strategies and business opportunities. The Company is focused on making strategic investments in public and private companies. The Company holds a 21.84% and 21.80% equity interest in Horizon Kinetics Hard Assets LLC (HKHA), a company formed by Horizon Kinetics LLC (Horizon). The Company also holds a 4.95% interest in Horizon and earns substantially all of its advisory fees from Horizon. The Company's investments in digital assets include direct exposure to Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum, Litecoin and ZCash. Its wholly owned subsidiary is Fromex Equity Corp.
Employees
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