Mesabi Trust
MSBNYSECIK 65172FinancialsFiscal year ends Jan 31
us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figureThree months to Jul 31, 2026, from the 10-Q filed Sep 11, 2026.Latest quarter: Q2 FY2026
Three months to Jul 31, 2026, against the same quarter a year earlier.
- Revenue$2.5mRevenue, Q2 FY2026, three months to 2026-07-31$2.5m. XBRL concept
us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure−55.8% on a year earlier - Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
- Operating marginnot reported (Operating income not reported)No year-earlier figure to compare
- Net margin−3.8%Net margin, Q2 FY2026, three months to 2026-07-31. net income / revenueNet income: −$95.0k. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Revenue: $2.5m. XBRL conceptus-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure−88.4 pts on a year earlier - Diluted EPSnot reported (Diluted EPS not reported)No year-earlier figure to compare
- Free cash flownot reported (Capital expenditure not reported)No year-earlier figure to compare
Last eight quarters
Full statements| Line item | Unit | Q2 FY20232024-07-31 | Q3 FY20232024-10-31 | Q4 FY20242025-01-31 | Q1 FY20252025-04-30 | Q2 FY20252025-07-31 | Q3 FY20252025-10-31 | Q1 FY20262026-04-30 | Q2 FY20262026-07-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 6.5Revenue, Q2 FY2023, three months to 2024-07-31$6.5m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-09-15, accession 0001104659-25-090029.Report this figure | 79.0Revenue, Q3 FY2023, three months to 2024-10-31$79.0m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Report this figure | 6.9Revenue, Q4 FY2024, three months to 2025-01-31$6.9m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426. Derived: 12-month figure less the 9-month figure.Report this figure | 4.7Revenue, Q1 FY2025, three months to 2025-04-30$4.7m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Report this figure | 5.6Revenue, Q2 FY2025, three months to 2025-07-31$5.6m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure | 3.6Revenue, Q3 FY2025, three months to 2025-10-31$3.6m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Report this figure | 2.2Revenue, Q1 FY2026, three months to 2026-04-30$2.2m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Report this figure | 2.5Revenue, Q2 FY2026, three months to 2026-07-31$2.5m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | |
| Net margin | % | 83.2%Net margin, Q2 FY2023, three months to 2024-07-31. net income / revenueNet income: $5.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-09-15, accession 0001104659-25-090029.Revenue: $6.5m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-09-15, accession 0001104659-25-090029.Report this figure | 99.1%Net margin, Q3 FY2023, three months to 2024-10-31. net income / revenueNet income: $78.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Revenue: $79.0m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Report this figure | 88.5%Net margin, Q4 FY2024, three months to 2025-01-31. net income / revenueNet income: $6.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-04-24, accession 0001558370-25-005426. Derived: 12-month figure less the 9-month figure.Revenue: $6.9m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426. Derived: 12-month figure less the 9-month figure.Report this figure | 76.7%Net margin, Q1 FY2025, three months to 2025-04-30. net income / revenueNet income: $3.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Revenue: $4.7m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Report this figure | 84.6%Net margin, Q2 FY2025, three months to 2025-07-31. net income / revenueNet income: $4.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Revenue: $5.6m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure | 77.1%Net margin, Q3 FY2025, three months to 2025-10-31. net income / revenueNet income: $2.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Revenue: $3.6m. XBRL concept us-gaap:Revenues. 10-Q filed 2025-12-12, accession 0001104659-25-120673.Report this figure | 48.4%Net margin, Q1 FY2026, three months to 2026-04-30. net income / revenueNet income: $1.1m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Revenue: $2.2m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-06-12, accession 0001104659-26-073470.Report this figure | (3.8%)Net margin, Q2 FY2026, three months to 2026-07-31. net income / revenueNet income: −$95.0k. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Revenue: $2.5m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-09-11, accession 0001104659-26-107085.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | |
| Free cash flow | $m | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20202021-01-31 | FY20212022-01-31 | FY20222023-01-31 | FY20232024-01-31 | FY20242025-01-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $m | 26.0Revenue, FY2020, twelve months to 2021-01-31$26.0m. XBRL concept us-gaap:Revenues. 10-K filed 2023-04-24, accession 0001558370-23-006525.Report this figure | 71.5Revenue, FY2021, twelve months to 2022-01-31$71.5m. XBRL concept us-gaap:Revenues. 10-K filed 2024-04-24, accession 0001558370-24-005598.Report this figure | 7.7Revenue, FY2022, twelve months to 2023-01-31$7.7m. XBRL concept us-gaap:Revenues. 10-K filed 2024-04-24, accession 0001558370-24-005598.Report this figure | 22.9Revenue, FY2023, twelve months to 2024-01-31$22.9m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426.Report this figure | 98.6Revenue, FY2024, twelve months to 2025-01-31$98.6m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | not reported (Operating income not reported) | |
| Net margin | % | 90.2%Net margin, FY2020, twelve months to 2021-01-31. net income / revenueNet income: $23.4m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2023-04-24, accession 0001558370-23-006525.Revenue: $26.0m. XBRL concept us-gaap:Revenues. 10-K filed 2023-04-24, accession 0001558370-23-006525.Report this figure | 96.2%Net margin, FY2021, twelve months to 2022-01-31. net income / revenueNet income: $68.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-04-24, accession 0001558370-24-005598.Revenue: $71.5m. XBRL concept us-gaap:Revenues. 10-K filed 2024-04-24, accession 0001558370-24-005598.Report this figure | 68.6%Net margin, FY2022, twelve months to 2023-01-31. net income / revenueNet income: $5.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-04-24, accession 0001558370-24-005598.Revenue: $7.7m. XBRL concept us-gaap:Revenues. 10-K filed 2024-04-24, accession 0001558370-24-005598.Report this figure | 83.0%Net margin, FY2023, twelve months to 2024-01-31. net income / revenueNet income: $19.0m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-04-24, accession 0001558370-25-005426.Revenue: $22.9m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426.Report this figure | 94.6%Net margin, FY2024, twelve months to 2025-01-31. net income / revenueNet income: $93.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-04-24, accession 0001558370-25-005426.Revenue: $98.6m. XBRL concept us-gaap:Revenues. 10-K filed 2025-04-24, accession 0001558370-25-005426.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | |
| Free cash flow | $m | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 2026-06-30 | $81.5m | 3,219,382 | Added+78,410 | |
| VALUEWORKS LLC | 2026-06-30 | $16.9m | 669,733 | Added+23,151 | |
| CWA Asset Management Group, LLC | 2026-06-30 | $13.1m | 518,974 | Added+71,489 | |
| FIRST MANHATTAN CO. LLC. | 2026-06-30 | $10.0m | 396,373 | Added+86,313 | |
| MAD RIVER INVESTORS | 2026-06-30 | $8.2m | 323,735 | Added+2,189 | |
| Advisory Services Network, LLC | 2026-06-30 | $4.7m | 185,669 | Added+1,040 | |
| Moors & Cabot, Inc. | 2026-06-30 | $4.5m | 178,289 | Reduced−2,656 | |
| EagleClaw Capital Managment, LLC | 2026-06-30 | $4.3m | 170,575 | Added+800 | |
| MORGAN STANLEY | 2026-06-30 | $2.9m | 113,293 | Reduced−752 | |
| Bank of New York Mellon Corp | 2026-06-30 | $2.6m | 101,464 | Added+1,266 |
Recent filings
All 257 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-1520:35 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-116264 |
| 2026-09-1120:30 ET | 10-Q | Quarterly reportPeriod 2026-07-31 | 0001104659-26-107085 |
| 2026-07-3120:30 ET | 8-K | 2.02 Results of operations; 7.01 Regulation FD disclosure | 0001104659-26-089248 |
| 2026-07-1420:45 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-083538 |
| 2026-06-1220:15 ET | 10-Q | Quarterly reportPeriod 2026-04-30 | 0001104659-26-073470 |
| 2026-05-0420:30 ET | 8-K | 2.02 Results of operations; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-054941 |
| 2026-04-2220:30 ET | 10-K | Annual reportPeriod 2026-01-31 | 0001104659-26-046864 |
| 2026-04-1420:30 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-043216 |
| 2026-02-0321:30 ET | 8-K | 2.02 Results of operations; 7.01 Regulation FD disclosure | 0001104659-26-009757 |
| 2026-01-1621:21 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-004561 |
Latest annual report
Form 10-K for the fiscal year ended Jan 31, 2026Filed Apr 22, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 65172
- Tickers
- MSB
- Exchange
- NYSE
- SIC code
- 6795 Mineral Royalty Traders
- Sector
- Financials
- Fiscal year ends
- Jan 31
- Incorporated in
- NY
- Filer category
- Non-accelerated filer<br>Smaller reporting company
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:19 ET. Listed shows no prices and gives no investment advice.