WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Aug 15, 2018--FRMO Corp. (the `Company` or `FRMO`) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2018, which ended May 31, 2018. Financial Highlights FRMO´s 2018 book value as of May 31, 2018 was $146.9 million ($3.34 per share on a fully diluted basis), including $27.6 million of non-controlling interests. The figure from the prior fiscal year-end as of May 31, 2017 was $114.2 million ($ 2.60 per share), which includes $10.9 million of non-controlling interests. Current assets, comprised primarily of cash and equivalents and investments available for sale, amounted to $93.2 million as of May 31, 2018, and $71.3 million as of...
|