For the quarter ending 2026-01-31, MGNC had $26,400 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|
| Net income | -131,125 | -7,289 | -90,425 |
| Amortization expense | 14,577 | -7,288 | 7,288 |
| Impairment of intangibles | 103,745 | - | - |
| Prepaid expense | -9,345 | -33,260 | 16,630 |
| Accounts payable | 0 | 5,272 | 0 |
| Deferred income | 0 | -5,272 | 0 |
| Net cash used in operating activities | -3,458 | -14,577 | -66,507 |
| Intangible assets accumulated depreciation | - | - | 0 |
| Intangible assets | -14,577 | 14,577 | - |
| Net cash used in investing activities | -14,577 | 14,577 | 0 |
| Proceeds from borrowingsrelated party | 110,942 | -73,323 | 73,323 |
| Repayments to related party | - | -77,309 | 6,816 |
| Additional paid in capital | - | 137,000 | - |
| Repayments to related party | 0 | - | - |
| Net cash provided by financing activities | 44,435 | 0 | 66,507 |
| Net increase (decrease) in cash | 26,400 | 0 | 0 |
| Cash at beginning of period | 0 | 0 | 0 |
| Cash at end of period | 26,400 | 0 | 0 |
Mag Magna Corp (MGNC)
Mag Magna Corp (MGNC)