FRMO Corp. Announces First Quarter 2019 Financial Results and Conference Call

FRMO’s 2019 net income attributable to the Company for the three months ended August 31, 2018 was $3,211,123 ($0.07 per share basic and diluted) compared to $2,187,439 ($0.05 per share basic and diluted) for the quarter ended August 31, 2017. Income from operations was $14,573,509 for the first quarter of fiscal 2019, compared to $3,215,483 for the same period in the prior year. Comprehensive income attributable to the Company for the same periods was $3,211,123 up from $1,987,494.

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