Mesabi Trust (MSB)

Name: Mesabi Trust Financial Statements
Creator: Quarter Results

Basic Materials | Steel

Latest reporting period: 2026-01-31

Latest Quarter

2026-01-31

Revenue

$3.6M

Net Income

$2.7M

Operating Margin

-1.6%

Free Cash Flow

$14.4T

Debt / Assets

16.2%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Mesabi Trust (MSB).
Income Statement (Quarterly)	2026-01-31	2025-10-31	2025-07-31	2025-04-30
Revenue	3,592,034	3,590,450	5,606,755	4,734,542
Cost of Revenue	-2,260,824	822,987	862,873	1,103,334
Gross Profit	5,852,858	2,767,463	4,743,882	3,631,208
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	0	862,873	1,103,334
Operating Expenses	3,472,069	-2,311,633	862,873	1,103,334
Operating Income	-58,850	3,390,609	4,743,882	3,631,208
Interest Expense	0	0	0	0
Income Before Tax	2,726,214	2,767,463	4,743,882	3,631,208
Income Tax Expense	0	0	0	0
Net Income	2,726,214	2,767,463	4,743,882	3,631,208
Per Share
EPS	0.21	0.21	0.36	0.28
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Mesabi Trust (MSB).
Income Statement (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Revenue	17,523,781	25,455,500	22,862,000	7,496,000	71,459,790
Cost of Revenue	528,370	323,625	257,064	332,351	291,187
Gross Profit	16,995,411	98,272,026	22,605,000	7,164,000	71,168,603
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	2,924,369	5,236,917	3,206,000	2,353,000	2,617,229
Operating Expenses	3,126,643	4,997,783	3,291,000	2,048,000	2,694,045
Operating Income	13,868,768	20,638,196	19,069,000	5,389,000	68,842,561
Interest Expense	0	0	0	0	452,110
Income Before Tax	13,868,768	93,274,000	18,983,000	5,309,000	68,765,745
Income Tax Expense	0	0	0	-80,326	-76,816
Net Income	13,868,768	93,274,000	18,983,000	5,309,000	68,765,745
Per Share
EPS	1.06	7.11	1.45	0.41	5.24
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Mesabi Trust (MSB).
Balance Sheet (Quarterly)	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Assets
Cash and Cash Equivalents	23,162,609,000,000	100,204,531	23,980,448	13,966,500
Short Term Investments	0	0	0	0
Net Receivables	1,046,345	1,401,403	2,412,254	23,562
Inventory	0	0	0	14,093,733
Total Current Assets	23,426,591	101,728,452	26,690,349	14,117,295
Property Plant Equipment	0	0	2	2
Goodwill and Intangibles	0	0	0	1
Total Assets	24,356,328	101,728,455	26,690,352	14,117,298
Liabilities
Account Payables	0	0	0	0
Short Term Debt	0	0	0	0
Total Current Liabilities	3,953,453	78,400,735	5,715,206	380,960
Long Term Debt	0	0	0	0
Total Liabilities	3,953,453	78,400,735	5,715,206	2,679,081
Shareholders Equity
Retained Earnings	20,402,872	23,327,717	20,975,143	11,438,214
Total Shareholders Equity	20,402,875	23,327,720	20,975,146	11,438,217

Balance sheet annual history for Mesabi Trust (MSB).
Balance Sheet (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Assets
Cash and Cash Equivalents	23,162,609,000,000	100,204,531	23,980,448	13,966,500	47,727,522
Short Term Investments	0	0	0	0	0
Net Receivables	1,046,345	1,401,403	2,412,254	23,562	6,063,143
Inventory	0	0	0	14,093,733	1
Total Current Assets	23,426,591	101,728,452	26,690,349	14,117,295	53,913,210
Property Plant Equipment	0	0	2	2	2
Goodwill and Intangibles	0	0	0	1	1
Total Assets	24,356,328	101,728,455	26,690,352	14,117,298	53,913,213
Liabilities
Account Payables	0	0	0	0	0
Short Term Debt	0	0	0	0	0
Total Current Liabilities	3,953,453	78,400,735	5,715,206	380,960	23,118,461
Long Term Debt	0	0	0	0	0
Total Liabilities	3,953,453	78,400,735	5,715,206	2,679,081	23,118,461
Shareholders Equity
Retained Earnings	20,402,872	23,327,717	20,975,143	11,438,214	30,794,749
Total Shareholders Equity	20,402,875	23,327,720	20,975,146	11,438,217	30,794,752

Cash flow quarterly history for Mesabi Trust (MSB).
Cash Flow Statement (Quarterly)	2026-01-31	2025-01-31	2024-01-31	2023-01-31
Operating Activities
Net Income	13,868,768,000,000	93,274,243	18,983,336	5,309,085
Depreciation & Amortization	0	0	0	0
Stock Based Compensation	0	0	0	0
Change in Working Capital	535,780	661,853	-4,377,385	8,555,531
Operating Cash Flow	14,404,548,000,000	93,936,096	14,605,951	13,864,616
Investing Activities
Capital Expenditure	0	0	0	0
Investments	0	0	0	0
Investing Cash Flow	0	0	0	0
Financing Activities
Debt Repayment	0	0	0	0
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	-91,446,470	-17,712,013	-4,592,003	-47,625,638
Financing Cash Flow	-91,446,470	-17,712,013	-4,592,003	-47,625,638
Summary
Free Cash Flow	14,404,548,000,000	93,936,096	14,605,951	13,864,616
Net Change in Cash	-77,041,922,000,000	76,224,083	10,013,948	-33,761,022

Cash flow annual history for Mesabi Trust (MSB).
Cash Flow Statement (Annual)	2026-01-31	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Operating Activities
Net Income	13,868,768,000,000	93,274,243	18,983,336	5,309,085	68,765,745
Depreciation & Amortization	0	0	0	0	0
Stock Based Compensation	0	0	0	0	0
Change in Working Capital	535,780	661,853	-4,377,385	8,555,531	-5,922,604
Operating Cash Flow	14,404,548,000,000	93,936,096	14,605,951	13,864,616	62,843,141
Investing Activities
Capital Expenditure	0	0	0	0	0
Investments	0	0	0	0	0
Investing Cash Flow	0	0	0	0	9,906,669
Financing Activities
Debt Repayment	0	0	0	0	0
Common Stock Issued/Repurchased	0	0	0	0	0
Dividends Paid	-91,446,470	-17,712,013	-4,592,003	-47,625,638	-37,523,229
Financing Cash Flow	-91,446,470	-17,712,013	-4,592,003	-47,625,638	-37,523,229
Summary
Free Cash Flow	14,404,548,000,000	93,936,096	14,605,951	13,864,616	62,843,141
Net Change in Cash	-77,041,922,000,000	76,224,083	10,013,948	-33,761,022	35,226,581