Frmo Corp

Company Profile

Frmo Corp had its IPO on 1998-07-15 under the ticker symbol FRMO.

The company operates in the Financial Services sector and Asset Management industry. Frmo Corp has a staff strength of 0 employees.

Stock update

Shares of Frmo Corp opened at $7.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.17 - $7.35, and closed at $7.2.

This is a -2.04% slip from the previous day's closing price.

A total volume of 7,300 shares were traded at the close of the day’s session.

In the last one week, shares of Frmo Corp have slipped by -3.36%.

Frmo Corp's Key Ratios

Frmo Corp has a market cap of $210.35 million, indicating a price to book ratio of 145.936 and a price to sales ratio of 3.9806.

In the last 12-months Frmo Corp’s revenue was $-33147088 with a gross profit of $-33147087 and an EBITDA of $-34644496. The EBITDA ratio measures Frmo Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Frmo Corp’s operating margin was 105.54% while its return on assets stood at -6.81% with a return of equity of -10.62%.

In Q2.6666666666667, Frmo Corp’s quarterly earnings growth was a positive 749.5% while revenue growth was a positive 7.9%.

Frmo Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

60

PEG

0

Its diluted EPS in the last 12-months stands at $0.12 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Frmo Corp’s profitability.

Frmo Corp stock is trading at a EV to sales ratio of 31.7375 and a EV to EBITDA ratio of 34.0192. Its price to sales ratio in the trailing 12-months stood at 3.9806.

Frmo Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$0

Total Liabilities

$2.25 million

Operating Cash Flow

$-45729.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

Frmo Corp ended 2024 with $0 in total assets and $0 in total liabilities. Its intangible assets were valued at $0 while shareholder equity stood at $0.

Frmo Corp ended 2024 with $0 in deferred long-term liabilities, $2.25 million in other current liabilities, 44017.00 in common stock, $147.57 million in retained earnings and $0 in goodwill. Its cash balance stood at $0 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Frmo Corp’s total current assets stands at $255.44 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.57 million compared to accounts payable of $153002.00 and inventory worth $0.

In 2024, Frmo Corp's operating cash flow was $-45729.00 while its capital expenditure stood at $0.

Comparatively, Frmo Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$7.2

52-Week High

$11.4

52-Week Low

$7.02

Analyst Target Price

$

Frmo Corp stock is currently trading at $7.2 per share. It touched a 52-week high of $11.4 and a 52-week low of $11.4. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $7.5 and 200-day moving average was $7.91 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 37.7% are held by institutions.