For the year ending 2026-01-31, MSB made $17,523,781 in revenue. $13,868,768 in net income. Net profit margin of 79.14%.
| Income Statement | 2026-01-31 | 2025-01-31 | ||
|---|---|---|---|---|
| Total revenues | 17,523,781 | 98,595,651 | ||
| Compensation of trustees | 456,370 | 256,654 | ||
| Corporate trustee's administrative fees | 62,500 | 62,500 | ||
| Legal | 2,293,101 | 3,851,378 | ||
| Accounting and auditing | 248,124 | 238,644 | ||
| Mining consultant and field representatives | 49,799 | 46,985 | ||
| Insurance | 270,845 | 276,652 | ||
| Annual stock exchange fee | 81,830 | 80,020 | ||
| Transfer agent's and registrar's fees | 9,500 | 4,471 | ||
| Other trust expenses | 182,944 | 504,104 | ||
| Total expenses | 3,655,013 | 5,321,408 | ||
| Net income | 13,868,768 | 93,274,243 | ||
| Basic EPS | 1.057 | 7.109 | ||
| Basic Average Shares | 13,120,010 | 13,120,010 | ||
MESABI TRUST (MSB)
MESABI TRUST (MSB)