Mesabi Trust (MSB)

Mesabi Trust Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Operating Revenue	19	25.46	22.09	7.5	70.94	25.92
Other Revenue	1.79	1.96	0.77	0.25	0.52	0.04
Revenue	20.79	27.41	22.86	7.74	71.46	25.95
Revenue Growth (YoY)	-22.40%	19.90%	195.30%	-89.17%	175.37%	-18.88%
Gross Profit	20.79	27.41	22.86	7.74	71.46	25.95
Selling, General & Admin	3.49	5.24	3.79	2.35	2.62	2.47
Operating Expenses	3.49	5.24	3.79	2.35	2.62	2.47
Operating Income	17.29	22.17	19.07	5.39	68.84	23.49
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.09	-0.08	-0.08	-0.08
EBT Excluding Unusual Items	17.21	22.09	18.98	5.31	68.77	23.41
Other Unusual Items	-	71.19	-	-	-	-
Pretax Income	17.21	93.27	18.98	5.31	68.77	23.41
Net Income	17.21	93.27	18.98	5.31	68.77	23.41
Net Income to Common	17.21	93.27	18.98	5.31	68.77	23.41
Net Income Growth	-81.27%	391.35%	257.56%	-92.28%	193.78%	-22.12%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	1.31	7.11	1.45	0.40	5.24	1.78
EPS (Diluted)	1.31	7.11	1.45	0.40	5.24	1.78
EPS Growth	-81.27%	391.35%	257.56%	-92.28%	193.78%	-22.12%
Dividend Per Share	6.970	6.930	0.720	1.880	4.150	1.430
Dividend Growth	416.30%	862.50%	-61.70%	-54.70%	190.21%	-46.44%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	83.20%	80.89%	83.41%	69.61%	96.34%	90.50%
Profit Margin	82.80%	340.28%	83.03%	68.58%	96.23%	90.20%
EBIT	17.29	22.17	19.07	5.39	68.84	23.49
EBIT Margin	83.20%	80.89%	83.41%	69.61%	96.34%	90.50%
Revenue as Reported	20.79	98.6	22.86	7.74	71.46	25.95

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q