FOXBY CORP. (FXBY)
Foxby Corp. functions as a closed-end equity mutual fund, overseen by CEF Advisers, Inc. This fund allocates capital to publicly traded companies across international equity markets. Its investment objective is to acquire shares in businesses operating within diverse sectors, encompassing firms of all market capitalizations. The entity, which was formerly known as LCM Internet Growth Fund, Inc., was established in the United States on August 24, 1998.
Industry: Asset Management
Foxby Corp.
OTC:FXBYFinancial Services · Asset Management
-1.81%$23.36
Mkt Cap$11.4M
Float521K
O/S-
Inst Own-
SI<0.1%
Div Yield0.56%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$730K
Net Income$3.55M
Total Assets$17.06M
Free Cash Flow-$294K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$17.01M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitMay 7, 20215 shares → 1
Balance Sheet Details
Assets$17.06M
Liabilities$50K
Accounts Receivable$38K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $730K | $1.19M | $144K | $537K | $1.47M | $34K | $2.12M | -$1.24M | $1.22M | $669K | $704K | $182K | $155K |
| YoY Growth | -38.7% | 725.4% | -73.1% | -63.4% | 4163.1% | -98.4% | -271.2% | -201.4% | 82.1% | -5.0% | 287.8% | 16.9% | - |
| Cost of Revenue | $202K | $193K | $103K | $55K | $161K | $118K | $118K | $116K | $85K | $77K | $76K | $0 | $0 |
| Gross Profit | $528K | $998K | $220K | $281K | $1.3M | -$84K | $2M | -$1.35M | $1.13M | $592K | $628K | $182K | $155K |
| Gross Margin | 72.4% | 83.8% | 152.3% | 52.5% | 89.0% | -243.6% | 94.4% | 109.4% | 93.0% | 88.5% | 89.2% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $14 | $24 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $148K | $129K | $107K | $222K | $115K | $115K | $98K | $86K | $111K | $173K | $155K | $129K | $97K |
| Other | -$3.3M | $148K | $5K | -$114K | $14K | $89K | $5K | $0 | $0 | $0 | -$1.21M | $0 | $0 |
| Total Operating Expenses | -$3.16M | $277K | $112K | $107K | $130K | $205K | $103K | $88K | $118K | $569K | $1.21M | $126K | $1.4M |
| Operating Income (EBIT) | $3.68M | $2.18M | $2.82M | $60K | $3.64M | $518K | $2.01M | -$1.32M | $1.1M | $751K | -$578K | $52K | $58K |
| Operating Margin | 504.7% | 182.6% | 1952.3% | 11.1% | 248.4% | 1506.9% | 95.1% | 107.1% | 90.3% | 112.3% | -82.1% | 28.9% | 37.3% |
| Interest Expense | $133K | $83K | $103K | $55K | $27K | $29K | $57K | $31K | $30K | $0 | $0 | $0 | $0 |
| Interest Income | $177K | $1K | $136 | $23 | $24 | $10 | $19 | $398 | $0 | $15K | $4K | $5K | $992 |
| Other Income (Expense) | -$133K | -$82K | -$103K | -$2.07M | -$27K | -$29K | $0 | $0 | $1.2M | $916 | -$5K | -$2K | $1.5M |
| Income Before Tax (EBT) | $3.55M | $2.09M | $2.72M | -$2.01M | $3.61M | $489K | $2.01M | -$1.32M | $1.1M | $737K | -$587K | $51K | $1.55M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$98K | $10K | $0 | $0 | $0 |
| Net Income | $3.55M | $2.09M | $2.72M | -$2.01M | $3.61M | $489K | $2.01M | -$1.32M | $1.1M | $737K | -$587K | $51K | $1.55M |
| Net Income Margin | 486.5% | 175.7% | 1881.0% | -374.8% | 246.6% | 1423.0% | 95.1% | 107.1% | 90.3% | 110.2% | -83.3% | 28.0% | 1001.4% |
| Supplementary Data | |||||||||||||
| EPS | 6.81 | 4.01 | 5.20 | -3.85 | 6.93 | 0.94 | 3.85 | -2.55 | 2.10 | 1.41 | -1.12 | 0.10 | 2.98 |
| Diluted EPS | 6.81 | 4.01 | 5.20 | -3.85 | 6.93 | 0.94 | 3.85 | -2.55 | 2.10 | 1.41 | -1.12 | 0.10 | 2.98 |
| Weighted Average OS | 521,715 | 521,715 | 521,715 | 521,715 | 521,715 | 521,863 | 522,010 | 519,162 | 524,009 | 522,010 | 522,010 | 522,010 | 522,010 |
| EBITDA | $3.68M | $2.27M | $2.83M | $60K | $3.64M | $562K | $2.03M | -$1.31M | $1.17M | $736K | -$582K | $51K | $1.56M |
| EBITDA Margin | 504.7% | 190.3% | 1958.2% | 11.1% | 248.4% | 1635.7% | 95.8% | 106.1% | 95.8% | 110.1% | -82.6% | 28.1% | 1003.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $89K | $326 | $748 | $6K | $4K | $4K | $3K | $4K | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $89K | $326 | $748 | $6K | $4K | $4K | $3K | $4K | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $38K | $33K | $30K | $7K | $11K | $4K | $18K | $12K | $11K | $32K | $13K | $15K | $5K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$40K | $0 | $0 | $0 | -$12K | -$3K | $0 | $0 | $2K | $1K | $0 | $0 |
| Total Current Assets | $126K | $326 | $35K | $17K | $20K | $0 | $21K | $16K | $11K | $34K | $15K | $15K | $5K |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $16.92M | $15.95M | $14.56M | $11.19M | $14.41M | $10.14M | $10.73M | $7.82M | $10.22M | $7.01M | $7.57M | $3.56M | $3.44M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $10K | $0 | $0 | $0 | $0 | -$10.14M | $0 | -$7.82M | -$10.22M | $1.33M | $2K | $4.02M | $4.43M |
| Total Long-Term Assets | $16.93M | $15.95M | $14.56M | $11.19M | $14.41M | $0 | $10.73M | $7.82M | $10.22M | $8.34M | $7.57M | $7.58M | $7.86M |
| Other Assets | $0 | $40K | $0 | $4K | $5K | $10.15M | $3K | $3K | $2K | $0 | $0 | $0 | $0 |
| Total Assets | $17.06M | $15.99M | $14.59M | $11.21M | $14.43M | $10.15M | $10.75M | $7.84M | $10.23M | $8.38M | $7.59M | $7.59M | $7.87M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $7K | $8K | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $2.49M | $777K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$1.86M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $43K | $2.16M | $1.36M | -$2.46M | -$14K | $1.85M | -$11K | -$13K | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $19K | $61K | $2.18M | $1.38M | $55K | $777K | $10K | $7K | $8K | $51K | $46K | $53K | $78K |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $2.4M | $2.18M | $1.38M | $2.49M | $777K | $0 | $941K | $2M | $1.25M | $1.19M | $546K | $847K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $50K | $3K | $73K | $0 | $0 | $0 | $0 | -$941K | -$2M | $3K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $50K | $2.41M | $2.25M | $1.38M | $2.49M | $777K | $1.87M | $941K | $2M | $1.26M | $1.19M | $546K | $847K |
| Other Liabilities | $0 | $0 | -$2.18M | -$1.38M | $0 | $829K | $47K | $45K | $55K | $0 | $0 | $0 | $0 |
| Total Liabilities | $50K | $2.47M | $2.25M | $1.44M | $2.55M | $829K | $1.92M | $993K | $2.06M | $1.31M | $1.23M | $599K | $925K |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.01M | $7.03M | $7.1M | $7.25M | $7.25M | $7.31M | $7.38M | $7.46M | $7.52M | $7.6M | $7.61M | $7.65M | $7.68M |
| Retained Earnings | $9.99M | $6.5M | $5.24M | $2.52M | $4.63M | $2.01M | $1.45M | -$616K | $88K | -$536K | $120K | -$656K | -$740K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $565K | -$0 | -$1.37M | $0 | -$0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $565K | $0 | -$1.37M | $0 | $0 |
| Total Equity | $17.01M | $13.52M | $12.34M | $9.77M | $11.88M | $9.32M | $8.83M | $6.84M | $8.17M | $7.07M | $6.36M | $7M | $6.94M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $17.06M | $15.99M | $14.59M | $11.21M | $14.43M | $10.15M | $10.75M | $7.84M | $10.23M | $8.38M | $7.59M | $7.59M | $7.87M |
| Supplementary Data | |||||||||||||
| Total Debt | $0 | $2.4M | $2.18M | $1.38M | $2.49M | $777K | $1.87M | $941K | $2M | $1.25M | $1.19M | $546K | $847K |
| Net Debt | -$89K | $2.4M | $2.18M | $1.37M | $2.49M | $773K | $1.86M | $936K | $2M | $1.25M | $1.19M | $546K | $847K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | $3.55M | $2.09M | $2.72M | -$2.01M | $3.61M | $489K | $2.01M | -$1.32M | $1.1M | $737K | -$587K | $51K | $1.55M |
| Depreciation & Amortization | $0 | $92K | $9K | $0 | $0 | $44K | $14K | $13K | $66K | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$4K | $3K | -$23K | $4K | -$7K | $14K | -$6K | -$817 | $23K | -$18K | $111 | -$9K | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $447 | $2K | $1K | -$5K | $3K | -$244 | $3K | -$3K | $1K | $2K | -$963 | $0 | $0 |
| Other Working Capital | -$19K | -$13K | $10K | $1K | $9K | -$6K | $2K | -$10K | $7K | $6K | -$7K | -$24K | $0 |
| Total Working Capital Change | -$22K | -$8K | -$13K | $5K | $2K | $7K | -$1K | -$13K | $31K | -$9K | -$8K | -$34K | $0 |
| Other Non-Cash Items | -$3.82M | -$1.49M | -$3.37M | $3.22M | -$4.28M | $548K | -$2.92M | $2.39M | -$1.94M | -$726K | $631K | $284K | -$1.55M |
| Net Cash from Operating | -$294K | $684K | -$663K | $1.22M | -$660K | $1.09M | -$900K | $1.06M | -$745K | -$14K | $35K | $301K | $0 |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | -$5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$4.73M | -$3.95M | -$3.67M | -$4.91M | -$6.75M | -$3.54M | -$4.29M | -$4.95M | -$3.83M | -$4.15M | -$3.03M | $0 | $0 |
| Sales of Investments | $7.58M | $4.81M | $3.13M | $6.11M | $6.08M | $4.7M | $3.47M | $6.02M | $3.18M | $4.14M | $2.41M | $0 | $0 |
| Other Investing Activities | $0 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $2.86M | $866K | -$539K | $1.2M | -$675K | $1.15M | -$828K | $1.08M | -$656K | -$9K | -$620K | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | - | -$224K | -$801K | $1.11M | -$1.72M | $1.09M | -$925K | $1.06M | -$745K | -$69K | -$640K | $301K | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$7K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$908K | -$144K | -$100K | -$1.05M | $0 | -$26K | $0 | $0 | -$26K | -$52K | $0 | $0 |
| Other Financing Activities | -$4.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$2.47M | -$684K | $658K | -$1.21M | $659K | -$1.09M | $898K | -$1.06M | $745K | $43K | $588K | -$301K | $0 |
| Forex Effect | $102 | $0 | $0 | -$1.2M | $675K | -$1.15M | $828K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $88K | -$422 | -$5K | $2K | -$355 | $1K | -$1K | $1.08M | -$656K | $21K | $3K | $0 | $0 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$294K | $684K | -$663K | $1.22M | -$660K | $1.09M | -$900K | $1.06M | -$745K | -$14K | $35K | $301K | $0 |
| Capital Expenditure | $4 | $0 | -$5 | $0 | -$3 | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$294K | $684K | -$663K | $1.22M | -$660K | $1.09M | -$900K | $1.06M | -$745K | -$14K | $35K | $301K | $0 |
| Cash at Beginning | $326 | $748 | $6K | $4K | $4K | $3K | $4K | -$1.08M | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $89K | $326 | $748 | $6K | $4K | $4K | $3K | $4K | -$656K | $21K | $3K | $0 | $0 |