FRMO: FRMO Corporation Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2024

FRMO Corporation reported earnings results for the second quarter and six months ended November 30, 2024. For the second quarter, the company reported revenue was USD 354.85 million compared to negative revenue of USD 10.54 million a year ago. Net income was USD 136.92 million compared to USD 4.7 million a year ago. Diluted earnings per share from continuing operations was USD 3.11 compared to USD 0.11 a year ago. For the six months, revenue was USD 466.02 million compared to USD 78.59 million a year ago. Net income was USD 171.41 million compared to USD 37.03 million a year ago. Diluted earnings per share from continuing operations was USD 3.89 compared to USD 0.84 a year ago.